I've walked into many semi-empty downtown brick and mortar banks with 5-10 idle employees, you want to continue paying that "innefficiency tax" in every transaction/loan/wire/credit-card/etc...?

I don't think people really think through the reason there is a 20% tax on financial activity that goes through traditional banking system.

Why not? Do you think every financial service offered by traditional banks can't be coded and made more efficient using internet-native money (bitcoin)?

If so, what services can't? People already use BTC as collateral for loans/mortgages ...which are two of the riskiest activities traditional banks engage in.

Transparent monetary policy for 100+ years hard coded... No secret fed meetings about policy that give large banks a permanent information advantage while the rest of the population is left in the dark and forced to plan in 4 year(if your lucky) periods.

"Think of the children" when all other arguments fail.

Kids would benefit if their parents' savings in USD wasnt debased at an accelerating rate aka 50% loss of purchasing power every 8-10 years (soon to be 5-10 years).

>To begin with, the "banking system" includes an enormous amount of services that Bitcoin doesn't provide (loans, mortgages, securities), and retail banks are part of that as well.

This may be a lack of imagination on your part....Many companies already offer loans/mortgages using Bitcoin as collateral (at much lower interest rates than traditional banks). Not having thousands of idle bank employees sitting around in brick and mortar banks makes the financial system a lot more efficient...

I'm not sure you understood the point I was making, which is that you can't get a loan/mortgage from "bitcoin", you have to go to a separate entity that can offer you a loan/mortgage using bitcoin to mediate the transaction. A "bitcoin bank", if you will. The labor requirements are going to be similar either way.