Why Internet finance can not replace traditional finance

The biggest change brought by Internet finance is mainly the scope of the transaction, the legal environment of the transaction, the results of the transaction, the amount of the transaction changes. But fundamentally, whether it is traditional finance or Internet finance, the essence of financial transactions will not change, the direct exchange of value across the period, financial transactions are the exchange of credit, and these essences will not change fundamentally because of the emergence of the Internet.

Credit transactions are very difficult, in today's Internet is more and more developed, if you think that in the future all the traditional finance will disappear, replaced by those who do not need to meet the Internet platform, can completely replace the previous variety of financial transactions, then it is impossible, which is very relevant to the nature of the person, and the reality is very relevant.