[skinnymuch]

A business or business bank account isn’t needed, so it doesn’t matter. It’s the same with many payment providers. I linked to references for Stripe on this here: https://news.ycombinator.com/edit?id=32102762

PayPal etc don’t require any business stuff. Being a traditional bank is unimportant for getting paid for online stuff.

There’s a lot of ways to get access to something that qualifies as a bank account. For example, Cash App got big because it provides what a bank account does and qualifies as one, even if it is not a traditional bank at all.

Once multiple apps are available worldwide as well as multiple ways to have a bank account or a bank account equivalent, why would cryptocurrency be the future?

Multiple apps are already available for the majority of the population. The west, India, and China alone are close to half the world population.