We really need to make this a thing again. Not only for software but for anything. And we need legislature to enable us.
Don’t like how the banks treat people? Make your own. In the USA you need 12 million capital to even open such a thing. Since 2008, the banks have seemingly no competition from new banks (source www.upflip.com/blog/how-to-start-a-bank).
One could say that you‘re not allowed to take any of your hard earned money out of the company until you reach those 12 mil capitalization.