Today, Powell said that "banks can provide services to cryptocurrency customers". Let's think about a question: If Web3 is fully popularized, stablecoins such as USDT/USDC are also popularized, and everyone has their own wallet, is there still value for today's banks?
All the functions of traditional banks can be realized on the blockchain, and it is faster and more efficient. The meaning of Bitcoin is to break the old world and create a new world.