Banks - Thugs. A very apt analogy.
The banks really just are custodians. The thing is that in a traditional culture like Indias', the banks still hold the trust of it's citizens. Until a major melt down occurs I am not entirely sure if the people will ever wake up. But those who are awake now are in a position to lead the tomorrow - that is as great an incentive to get into cryptos as it is ever going to be.