Binance CEO Changpeng Zhao (CZ) predicted a significant reduction in the demand for physical bank branches within the next ten years during his speech at the Davos World Economic Forum. He attributed this shift to advancements in blockchain technology and Know Your Customer (KYC) processes, which are reducing the necessity for in-person banking services. While banks will continue to exist, their physical presence is expected to diminish considerably. CZ also expressed doubts about Bitcoin's viability as a direct payment method, citing a high failure rate in related innovations despite substantial industry investment. Additionally, he likened Meme tokens to past trends such as NFTs and the Metaverse, highlighting their speculative nature and high risk. Although some, like Dogecoin, may persist due to cultural significance, CZ believes most Meme tokens will not have lasting value.