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?
I think yes. Bank are still important today. For as long as we are still using the fiat money bank is still needed. We cannot deny the fact that even though more and more people and countries are accepting bitcoin but the vast population is still using the fiat. All of us are still using it in our daily transactions.