Yes, let's turn the [financial|legal](delete as appropriate) system into an obfuscated C competition. Last place prize is: [lose your life savings|spend life in prison].
Curious. I would claim that our current finance and legal system frequently does the very same for the impoverished or disenfranchised...
Underbanked get hammered by fees with no safety net for emergency expenses. And large portions of our population get saddled with poor legal representation resulting in de facto indentured survitude in for-profit prisons.
You don’t need a justification for giving people more choices that they’re free to ignore if they don’t like the terms or circumstances.
More options are better. Nothing about DeFi or cryptocurrencies invalidates or prevents people from continuing to bank as usual. The whole alternative system is opt-in.