Charles Hoskinson stated that cryptocurrency needs to cut ties with banks, how do you think this will work out? Because I use Fiat through Bank to purchase Bitcoin and other altcoins, is there any possible way that this can work out? What ways can someone buy Bitcoin without the help of Banks?
There are mobile payment apps that can serve as an alternative to the banks, like Revolut, Verve, Monzo, Monese, Bunq, etc. However, I think that most of those apps actually rely on some banking services more or less.
Bank transfers(including credit/debit card payments) are still the most convenient(and probably the cheapest) way to buy Bitcoin/crypto.
You could buy BTC using gift cards on Paxful, but the rates aren't affordable.
The banks are more of less unavoidable, when it comes to financial transactions in general. The entire financial system is designed in a way that prevents the people from bypassing banking services. Even the crypto industry still can't find a way to make the banks completely obsolete.