Topic: What don't you like about Banks and Banks controlling your money - page 5. (Read 5736 times)
August 01, 2018, 02:34:17 PM
Till date banks are controlling people money in the form of charges for giving us charges now we got bitcoin which is permission and borderless currency
August 01, 2018, 11:54:12 AM
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
Banks are under control of government. So the very first reason is privacy. Bank doesn't provide as much as privacy like bitcoin or any other decentralised currency. For any transaction you have to give your full information to the bank but in case of cryptocurrency that doesn't required. Transaction through bank are time taken and slow and some time their are so many paper work need for a single transaction. Bank also charge high transaction cost for money transaction and because of these above things i don't like bank. August 01, 2018, 05:51:40 AM
What I do not like about banks is when they charge high interest rates. I know someone whose credit card's interest rate is at 25%. That is way too high. Sadly he is still paying for it. I also do not get how some banks freeze your account when you are trying to withdraw a specific amount of money. It is your money, why are they trying to hold it against you?
August 01, 2018, 05:11:17 AM
credit score card fraud is an exceptionally (to pressure), small proportion of general credit card transactions. the cardissuing entities all offer 0 fraud legal responsibility, even on debit cards. There are tens of millions of transactions every day and fraud loss simply isn't really worth developing, and assisting, an additional authentication layer that faces the patron.
August 01, 2018, 04:30:45 AM
What I absolutely don't like about banks is that they use customers money to do their business and use it for lending without customers agreeing to that and there is no kind of transparency or whatsoever.
We know it but we can not do anything about it. Because they have the government to intervene in the same place. Chains are related to each other to be profitable.In this event, the people are the most disadvantaged. Their bank only obeyed government orders, and they received only a small percentage of the transactions. However, it is no longer important because electronic money can replace them in the future.
July 28, 2018, 12:09:20 PM
they can know about you and your life i think , that system make us not secure and dont have privacy , and the bitcoin / cryptocurrency system is solution for that
July 28, 2018, 11:28:00 AM
I do not like the centralized ways that you are very dependent from your bank. Not to mention sometimes ridiculous fees for not so great services.
July 28, 2018, 10:10:40 AM
all this time what I like about the bank is that I can save my money and I can borrow money from the bank. now that I have seen the crypto currency is so great and provide a lot of benefits for me. I prefer to invest in crypto currencies because the price is unstable and tends to increase every year, I can get a profit that multiplies by investing in crypto currencies.
Banks is not a good investment because the scale of increase of the money you set for time deposit is just small and cryptocurrency is more profitable because of the market's volatility.
July 28, 2018, 09:30:11 AM
Banks are a continuous problem. Bureaucracy, time limits, withdrawal / enrollment limits / need to confirm the sources of the daughters. And most importantly - in any crisis simply freeze money on accounts. Continuous minuses.
July 28, 2018, 09:13:26 AM
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
Indeed so the rules used by banks and we can not deny, of course, different from the system applied to bitcoin.
But whether system of freedom in bitcoin will change if bitcoin legality is recognized by government?
July 28, 2018, 09:05:04 AM
What I don't care for in a bank is that bank can truly get to your record, they can distinguish your benefits (money) and that is the thing that I abhor most, I need to have some security with my record, even a straightforward representative at the bank can know the amount you have in your record. What's more, obviously, most exceedingly terrible thing is that bank truly have low financing costs which can't give an equity of remaining your cash with them. You are much the same as sparing in your wallet.
July 28, 2018, 09:03:34 AM
Eventually it's the officials who are breathing so vigorously on banks to make them jumpy fuckers. They're the ones who are capable.
In any case, indeed, were I to offer an immense measure of whatever and store it in the bank there's a decent shot it would be solidified and I'd need to legitimize the wellspring of the assets. Indeed, even that won't not be sufficient.
I think about what number of individuals out there genuinely comprehend that once your cash enters the saving money framework you've totally surrendered control of it. Not very numerous I anticipate.
In any case, indeed, were I to offer an immense measure of whatever and store it in the bank there's a decent shot it would be solidified and I'd need to legitimize the wellspring of the assets. Indeed, even that won't not be sufficient.
I think about what number of individuals out there genuinely comprehend that once your cash enters the saving money framework you've totally surrendered control of it. Not very numerous I anticipate.
July 27, 2018, 09:42:24 AM
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
You know... Being regular customer in my area I am really satisfied with the services the bank are providing for me, so I am not having a problem with trusting my money to those guys, I understand how banks are operating with the money. July 27, 2018, 09:27:40 AM
That will reduce the value of money in the country. This has happened to some countries in the past.
July 27, 2018, 09:24:37 AM
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
You know... Being regular customer in my area I am really satisfied with the services the bank are providing for me, so I am not having a problem with trusting my money to those guys, I understand how banks are operating with the money. 
July 26, 2018, 02:31:41 AM
all this time what I like about the bank is that I can save my money and I can borrow money from the bank. now that I have seen the crypto currency is so great and provide a lot of benefits for me. I prefer to invest in crypto currencies because the price is unstable and tends to increase every year, I can get a profit that multiplies by investing in crypto currencies.
In my own opinion, banks are not profitable because the scale of increase on your time deposit is very low and that is the reason why fiat is not profitable if it will be placed on banks.
July 25, 2018, 10:49:09 PM
Firsty, them deciding what is suspicious and not suspicious
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
I have an additional negative impact about bank, When the time you could have Bank loan and you did not pay it on time You just have additional pay an interest immediately and not only that if you did your asset like car, house of Land Property being collateral they and did not followed the said engagement they will suddenly brought an authority and lawyer and pushed to take your property that subject for forfeiture.
July 25, 2018, 10:45:41 PM
Firsty, them deciding what is suspicious and not suspicious
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
I have an additional negative impact about bank, When the time you could have Bank loan and you did not pay it on time You just have additional pay an interest immediately and not only that if you did your asset like car, house of Land Property being collateral they and did not followed the said engagement they will suddenly brought an authority and lawyer and pushed to take your property for Forfeited.
July 25, 2018, 07:33:28 PM
Firsty, them deciding what is suspicious and not suspicious
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
Does banks really control our money? Isn't is just an institution which holds our savings ad give it back when we needed it. And one thing is, at least our money is safe in banks rather than we are holding it alone.
July 25, 2018, 07:14:08 PM
What I absolutely don't like about banks is that they use customers money to do their business and use it for lending without customers agreeing to that and there is no kind of transparency or whatsoever.
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