Post
Topic
Board Economics
Re: Is banking still important in the bitcoin era?
by
frankybutterin
on 23/05/2018, 01:39:44 UTC
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?

although in the future bitcoin will become a universal digital currency. I think bitcoin can not replace bank functions. banks are financial institutions that provide credit loans to customers who need them. and banks as well as institutions authorized to distribute the salaries of civil servants and where we pay taxes. if the bank does not exist how we will do it all ?. bitcoins and banks have different functions that can support each other.