I take a little different view. In my opinion, a bank is a business which is going to make more 'money' any way it can, legal or otherwise, think derivatives for a moment. With banks being allowed to hold wallets to me sounds like the same thing that happened in the 1930's when they simply opened up people's safety deposit boxes, took their gold, and gave them a piece of paper with a signature. Of course the price paid was much lower than what the banks made later. Never trust a bank, become your own central bank! And ask yourself, do banks really need to stay "relevant"?