CoinDesk·4 min read·medium
Crypto executives say digital native generations may never need a bank account
O
Olivier Acuna
✦AI Summary
Crypto industry executives suggest that digital-native generations may bypass traditional banking in favor of decentralized finance and integrated digital wallets. These experts argue that blockchain-based assets and smart contracts will eventually replace the need for conventional bank accounts.
“My daughter, she’s one and a half years old, and I think she might never need to open a bank account in her life,” the Steakhouse Financial co-founder said in an interview with CoinDesk in London. “We’re building products for that generation.”
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