Banks are starting to do special programs where savings is above 3% with minimum balances. They know they will lose smartened up customers to crypto, they will offer better gains then the pittance u earn from banks. Banks days of stealing money from hard working people are ending.
New waves of ways to make money or earn interest are here. The old money managers who milk fees from people and often lose ur money in a recession, are getting less and less business.
The days of Financial advisors that make more then u do on your investments are coming to an end.
Once crypto is easy to access and retain value comes, banks will have to just downsize, maybe less than half who actually do anything.
Same went for all the employees of Twitter who did nothing but spend all their liberal freak ways and days at home posting on the internet. Same will be banking industry that lives off the fruits of our labor. If one does not understand that Democrats do the exact same thing is a brain washed moron.