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Topic: Are crypto currencies' are far better alternative to banks? - page 2. (Read 191 times)

legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Many people would like to avoid banks. They don't like them, don't trust them or they think they only cause world economic crisis.
Cryptocurrencies are the alternative that we have but unfortunately they can't replace banks or make them disappear. Cryptocurrencies still can be used only as a side investment or partial payment method because they are not fully accepted and regulated, world economy can't be based on them.
Unfortunately, banks will keep their businesses and cryptocurrencies could help them to understand that alternative exists and that they have to make their businesses more honest and clients oriented.
legendary
Activity: 3080
Merit: 1500
Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?

If we are looking forward to "one world one currency", bitcoin obviously looks like a better option. But as per the current socio-economic scenario, banks are looking good. But as you know, nothing can be flawless in the world, I won't be surprised if conventional banking system is phased out slowly. Anything can happen in future. If we see majority of the governments adopting bitcoin, crypto banking system will not be a far fetched dream.
newbie
Activity: 210
Merit: 0
Yes it is, and it would be just amazing if after years almost all of establish are accepting coins as payment depend on their product category so all coins could functions in our daily lives.
member
Activity: 336
Merit: 10
Harmony for One and All
yeah they are far better than banks
bank can be manipulated but bitcoin can't manipulated by a person, it flows naturally
and because of that many people like to use it for a transaction and for stored value
hero member
Activity: 924
Merit: 512
Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?

100 percent you cannot compare the bitcoin with the banking completely stupid. Banks are centralized and fooling the world for scratching the money from the hard earning people. That is their work actually but understanding about bank in this world much safer than any place.
Bitcoin is decentralized platform where we can save out funds on the own wallet with in your mobile or desktop. No one can gonna touch or use your money for any purposes.
newbie
Activity: 69
Merit: 0
Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?
yes, in them the commission is more pleasant, and in general much better))
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?
Both are same process we should invest our money. But cryptocurrencies make more profit in short time. Banks are only protect our money so most of the peoples are interested to favouring crypto platform but most of the governments are against in crypto currency because it is reduce the bank profit most of the countries are avoiding the cryptocurrency.
full member
Activity: 276
Merit: 100
BitSong is a decentralized music streaming platfor
Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?

If you are talking about investment, bitcoin gives more profit than banks. Banks in our country can only give at most 3% per annum, a very small share even if you have huge amount of money. But if buy bitcoin with your money and hold for a year, it can even double or more.
newbie
Activity: 11
Merit: 0
Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?
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