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RE: How Will Society Change When Crypto Replaces Central Banking?
I believe there will always be banks despite bitcoins attempt to weaken banks.... Look where most crypto investors do. Coinbase, bitmex.. Centralised way to mandate over your cash. Add some fees and they still be corrupt.
Yes, there's a good chance they'll still be around. But at the very least, I hope their significance is greatly reduced. Just like the horse and carriage today!
The best part is I suppose, that we at least get a choice. Having a bank/exchange is always more convenient but we have the opportunity to store portion of our saving "ourselves" or even entirely. For fiat, we really don't have a choice :)