🔸Cars have replaced wagons. (A better technology)
🔸Emails have replaced letters. (A better technology)
🔸GPS has replaced maps. (A better technology)
🔸Internet news sites have replaced newspapers. (A better technology)...
The tokenization of assets and smart contracts will also replace the traditional financial system.
Because it's a better technology.
Currently, this is in the developmental stage and a lot of difficulties are being faced, but in 10 years, children born will only see things like 'paper money, coins' in museums.
Everything is digitizing. Assets will only be secure on-chain.