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?
Banks will always stay even if we really are in the bitcoin era. Banks plays a vital role in every countries economy. They extend loans to individuals and companies alike, a very function which bitcoin can not outplay.
I definitely agree. Banks will never become extinct. It is still needed by humans even if they are already in a cryptocurrency era. Banks are still needed because it helps our country's economy.