Topic: Feeling bitter in banks? - page 11. (Read 1083 times)
the discussion about banking is one of my favourite topics in this forum. Well, talking about the comparison between banks and cryptocurrency is certainly very different. Banks are governed by governments in a country, they have all the permissions to perform the functions and spread the facilities they offer. While cryptocurrency, not fully supported by the entire world government because there are also countries that oppose this technology. Surely at this time, banks are still above the wind because they are held by the government while cryptocurrency is still in the development stage.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Your post is not much better, "to that extent". Anyway, there's no accounting for tastes, though the truth is there's a lot of reason behind all the grumbling and complaining about banks. Simply put, your money in a bank is not your money anymore. They can block your account under some ill-cooked excuse or the other, which to you would mean stealing your money from you, plain and simple. When you have crypto in your desktop or paper wallet, your coins belong to you only. No one can take them from you, either by mistake or intentionally.
Many people kind of know that but they start to really understand this thing only when their own skin is in the game. When your or your friends' money has been blocked or arrested, or even confiscated for whatever reason, you quickly start to love crypto and the advantages it offers over the state money.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I am not against in banks. Banks are good venue for a secured safe keeping of our money. We can also invest in banks, only that it has a low rate of return. Unlike investment in crypto which has a big rate of return yet, very risky, I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Just because they want to compare what is the best that give more profit in the future.this argue bank in crypto is I can say that its better to put some profit in bank for safe in then other is invest,but a little bit capital only.then if you gain another profit in you're investment save again you're new profits in the bank.bank is no risk when you put all you're saving than to invest that have a big risk.
The difference is just in decentralization and centralization. Those who are already comfortable with the decentralized system will try to desire cryptocurrency can able to replace traditional banks because with cryptocurrency on the grounds and the have the reason ryptocurrency is easier to use rather than bank. But until now I want cryptocurrency and banks can co-exist because banks and cryptocurrency are very useful for me. I cannot feel what I've got in cryptocurrency if there's no bank, I need the bank as a medium to bring my income. I guess those who want cryptocurrency to replace banks are those living in countries that accept bitcoins so they can easily take money from bitcoin like in bitcoin ATM or the other media that support cryptocurrency.
I agree with you my friend; actually both can co-exist to bring more prosperity to the people. I’m not economic expert but in my opinion these two entities has great potential if they team up. There’s no reason to argue who’s the best for the people.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
It is not really about being embittered with the banks alone but government policies too. A lot of opportunities are meant to be made available by the banks but because of the government backings, they are only exploiting their Customers and not really creating the enabling environment of helping to create wealth; but they do this well for themselves.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post
There's a distinction between central banks and commercial banks, the latter of which is the services that you use on a daily basis, and I'm pretty sure that you're talking about the second one here.
I don't think that banks would ever be "eradicated" or even be replaced by crypto. The two is completely compatible. If you choose to store fiat in the bank, so be it. That's your choice, even though it's probably not so good of a choice over the long run.
There are even bitcoin banks popping up, which in my opinion is completely redundant considering the fact that BTC doesn't need third parties. Bitcoin simply offers an alternative to that. It has no intermediaries or central entity, which some people would definitely prefer over the fiat banking system.
Кoнeчнo, для бaнкoв пepexoд нaceлeния нa элeктpoнныe кoшeльки, pacчeт кpиптoвaлютoй, этo бoльшoй yпaдoк иx дoxoднocти. Ho, вoзьмитe Poccию. Пpи чиcлeннocти cтpaны 150 млн чeлoвeк, пeнcиoнepoв 40млн, тpyдocпocoбнoe нaceлeниe: 40 млн бюджeтники, 40 млн( из ниx 20 млн paбoтaют в тeнeвoй экoнoмикe), тaк вoт из 120 млн чeл тoлькo пoлoвинa, в лyчшeм cлyчae, бyдeт дeлaть pacчeты кpиптoвaлютoй. Пoчeмy? Пoлитикa cтpaны. Пoэтoмy, в нaшeй cтpaнe, дa, в кopпopaтивнoм ceктope пo тpaнзaкциям мoжeт быть пpoceдaниe, a oбcлyживaниe нaceлeния, вклaды были ecть и бyдyт.
I Won't say that I am sick of reading those kind of posts, but I can only that their thought and desires of scrambling the banking sector away in the world or in a country is not possible, and basically not sensible. I for once don't like the way most banks run their banks and treat their customers, but a country needs banks to survive cause, inasmuch as a country have their own currency, the bank will always be there.
right. i think it will be difficult to get rid of bank from this life. besides each country has its own currency, i think cryptocurrency users are also still a bit, this is makes it difficult for now. and cryptocurrency requires the government to legalize it in order to grow rapidly 
Both banks and using crypto exchanges have advantages and disadvantages. If a person is not comfortable doing one and vice versa, then stick on their own view.
Majority who doesn't know what is the advantages of using banks are those who talks a lot negatively about them. Their mind is focus about the difference if they will hold crypto on their own or save money on banks. Doesn't really making sense and just a waste of time if the debate will just focus on that because in the first place, getting profits is not the questioned here.
I myself are having a good experience with banks and cryptos so no way I will trashed one of them. It's not all about getting profits but the service we really need in everyday life.
Majority who doesn't know what is the advantages of using banks are those who talks a lot negatively about them. Their mind is focus about the difference if they will hold crypto on their own or save money on banks. Doesn't really making sense and just a waste of time if the debate will just focus on that because in the first place, getting profits is not the questioned here.
I myself are having a good experience with banks and cryptos so no way I will trashed one of them. It's not all about getting profits but the service we really need in everyday life.
Actually IMO saving our money on banks is better than saving it in different kind of online wallets, but when it comes to obtaining profits i think the good idea is to make some investment through crypto currency but not the entire balance which is much better to pick an amount for investing and the rest is on bank to make sure it's safe.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I am sick and tired or reading reiterated posts and not just those that have to do with only banks lol. However, this has been a very hot topic for a while now as so many people have shown some high level of disgust for the banking sector which I do not blame anyone as I have that huge one for them too considering how they with the government has just decided to make life difficult when it comes to making transaction over the years and how the banking sector has been used a tool for monopoly.
Well, i am not feel sick and tired reading this kind of article because the truth will prevailed. It happen soon once the development of crypto currency will organized making the banking system will disappear, taking over many people will get rich into this kind of system soon.
It is because how it works, to compete and do a great products by achieving the satisfaction of customers. The competition gives a good result so the bitterness in something will never end.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Bank is good for the safety of our money and also it earns interest but only a minimum.Bitcoin and Banks are incomparable that they both have unique benefits that all of us can get from.
For me, Bitcoin is the best way to earn from trading digital currency and I am still hoping that price will rise up too soon.
if you don't do you like the cash of your amount to send the good budget amount and must be multiple complex, you should enter the bitcoin where you can be many interest by the ico
Sorry my friend you might misunderstand the title of my post. Every BTC fan knows the very basic use of bitcoin. You are correct that BTC provides solution on third party intermediaries.
What I really want to happen is to people should understand that banks are business. It is one of the oldest forms of industry created way back to the old time. Let’s us focus on cryptocurrency development and leave the difference on perception on banks. These two entity are possible co-exist and I think that will be more beneficial to all of us. Stop whining that banks have bad practices you option not to use it.
People who give a criticize banks here without using the topic as a filler are actually concerned about the financial system we are living in. That is where the "Central banks" come in. You need to make a difference between big investment banks, central banks and your usual street-side variety of bank branch that keeps your deposits.What I really want to happen is to people should understand that banks are business. It is one of the oldest forms of industry created way back to the old time. Let’s us focus on cryptocurrency development and leave the difference on perception on banks. These two entity are possible co-exist and I think that will be more beneficial to all of us. Stop whining that banks have bad practices you option not to use it.
Everyone understands that some form of credit lending and deposit holding is needed. It is when banks become too big to fail and the topmost banks collude with businesses and politicians to ensure that they never have to be accountable for the taxpayers' money, that is where the problems come in. That is why people oppose them.
You may have seen too many posts that say "Banks are bad" without going into the gist of the argument which makes you sick and tired. Go into the real argument and identify the real problem. You may not feel the same then. It is easy to say that they can co-exist but you forget that bitcoin takes away a lot of their power. If you think they are just going to accept this power sharing and not try to subvert bitcoin, then you are simply fooling yourself and getting co-opted.
Well, banks exist as storage of money and for them to lend it to other people who need money. They are just basically agents or middle man. If we can store our money safely and could use it anyware then it will be better. But since banks is the only one facilitating it for the longest time now then we are tied to it. But now we have options. We can actually use many platform now without banks for our daily requirement that serves like a bank. Bank is becoming less important with regards to small daily transaction but it still hold the big tickets. Like, big loan.
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I bet you will be doing the same if you have event been the victim of the greed of some of these banks who just use the money of people for their own profits and then later come with stories of how they have lost all the money and they don’t pay repercussions for anything that they do.
Yeah, it is getting a bit old. As is always the case, its almost always more worth your while to spend your energy on innovation rather than dissing the competition.
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