Is infinite banking a replacement for traditional banking?

Infinite Banking can replace traditional banking entirely as a storehouse for cash money.  Traditional banking is still necessary for convenience to move and transfer money into private banking systems but should not be a storehouse for accumulated cash wealth.  As for using traditional banking for financing while growing your private banking system, it can be a good strategy.  This is an example of “leverage” – often used in the real estate investment world to acquire more assets and build larger cash flow than what would otherwise be obtainable.