jamest wrote:... trust in governments and banks approaches zero.
You need to discern between what happens inside your head, and what happens in the billions of other peoples' heads around the world.
Decline in the trust in governments is happening in the West (i.e. USA and some European countries), but even were it every individual in those nations, that doesn't even account for 1/5 of the world's population. In reality, it's a minority in those countries too.
As for the alleged decline in trust in banks... I think that's just pure fantasy. A tiny clique of people have no trust in banks. Their lack of trust will have no impact on banks or banking at all. Their trust, or lack thereof, has no impact on the banking system.
I do think crypto is here to stay, but I think the primary reason for it being here to stay is for shady practices, and because already extremely rich people have the means to make themselves richer.