In one way or the other, you are still dependent on Banks to get your crypto currency out in form of usable currency. The war between crypto and banks has started and it's getting hotter now. But banks will never go away. They will just be replaced by something newer.
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Good point...banks will always be a part of our lives but not dominant like before
I believe most humans don't have bank accounts. https://www.bloomberg.com/news/articles/2012-04-25/why-half-the-world-doesnt-have-bank-accounts
Crypto is peer-to-peer (or should be). You don't have to use a bank at all to cash out to your local currency. You can sell crypto directly to someone else who wants it for cash and transfer it directly to their crypto wallet. No bank needed at all.
Very good point
Agree. But they are exceptional cases. Since money is what works in our economy, a bank is more or less necessary to withdraw your crypto to Fiat. But maybe one day, we can directly use our crypto trading card to make purchases, eliminating banks altogether.