In the past was crutial that people had at least a bank account to move money around, also be able to use banking tools [credit cards, debit cards, etc.] and thus feed banks and financial institutions. On other hand, customers of traditional banking services continued with limitations and absurd payments to save their money, move it or even make daily payments.
That's not all, the services are from private nature where the customer does not own anything that's in the bank, also their access can be withdrawn at any time or even barred from using bank services.
Nobody has anything in the bank, as the money belongs to the bank. The customer only has numbers to be managed by the institution and this is easily noticed when the client wants to cash out large quantities of money as he has to undergo bureaucracy and ends up taking a long time for it to be released.
That is, the money can be deposited without any document, but to withdraw it from the bank, the customer goes through a 'hell' until the amount is taken out from the bank's hands, costing the customer time and patience, which no longer happens when using the Bitcoin Cash!
A better Economy
Banks are private entities often with shares from government, which has the right to take measures and decisions on their board counsel, they are institutions working with their own agenda and at any time can deny, withdraw, or block access to whoever they want to.
Customers can often have headaches when wanting to make online payments [as they can deny them from making this type of payment especially when they want to purchase crypto assets.
Their services are centralized system and works for their own purposes, they are never concerned with the customer happening the same with the state, which is only concerned with people paying taxes and not with the welfare of the citizens. Now, the decentralized nature of Bitcoin Cash works for the people which is a better economy for the world!
Banks often block the purchase of crypto using their banking instruments, limiting the client to have more means of personal savings, they do this because they want the customer to remain a 'slave' of their financial system. Other banks may even accept that the customer purchase crypto assets or even offer custody, but these assets in their possession do not belong to the customer, after all they are not controlled by the client as they aren't using their own seed phrase to have their crypto assets access;
...after all, if you don't have the seed phrase these cryptocurrencies are not yours-not your seed not your crypto.
Using Bitcoin Cash, anyone can access its value and control their seed phrases, making it possible to monitor all the savings in real time, to use them anytime, send cash in real-time to family and friends as remittance, this cash can be sent anywhere in the world at extremely low fees (both domestic and international) without interruption 365 days a year.
With Bitcoin Cash the user can have a better decentralized economy as they do not need to ask third parties for authorization to move or make payments, cannot be restricted or blocked as the network is decentralized giving greater security and can be verified as well as having access from any corner of the world.
Summary,
Not only, I am not particularly a big fan of banks and I live better using Bitcoin Cash payments and pay for goods and services, I have an efficient payment network (with friends and merchants) who accept the decentralized currency, they use Bitcoin Cash to make purchases abroad or use to better conserve their money and be financial free, they also invest in products that can earn money for them plus grant them a better living conditions in the future.
All this, proves that banks are slowly losing their space in the futuristic layer, there is a long way to go because they still have a lot of weight in the financial market, but for those who believe in Bitcoin Cash certainly prefer to have value in the 'Satoshian currency' than entrust their personal finances to banks that make customers their main source of income and when they no longer need them they simply restrict the use of their banking means or even deny them to create accounts claiming reasons people can't understand.
Bitcoin Cash is after all a decentralized financial freedom tool, the money you, me and others need to get out from the domain of the state and financial institutions focused on profit using the customer as a their product (when they don't need they just discard it), Bitcoin Cash is the smart money created for the people to make them emancipated and have a promising great future using the currency.
Bitcoin Cash is the 'Satoshi dream' and the money for the humanity deserves.
I am new in this flat form. I am still learning. Thank you for sharing this information. I hope to see myself grow more.