Quote from: patapon49 on January 28, 2018, 10:39:18 PM

the purpose of crytpo currency is to get rid of banks precisely so we do not need it

Banks will always be required on a basic level to provide loans and liquidity to longer term assets. Every business needs cash flow, crowd funding is a positive force but I doubt it will be the only one that provides funds even in a distributed crypto economy.

Banking is just a label, many firms provide funding to others in various ways. I think it will be a positive to see more companies providing a kind of assurance to various deals, the old merchant banks helped to ensure contracts were secure for transactions. The bank gets a cut and the participants feel more able to continue normal business with various parties. It should at least be an option, however BTC is lacking revenue streams from facilitated micro economies and I think that is the bedrock to an overall economy and greater business involvement.