in my country, banks are not good and banks always steal people money and there are many ridiculous rules inside which make people crazy. Moreover, banks are supported by the government and therefore, there is no way to get back your money once you lose your money in banks.
This is not only true for your country, this is true for any country of the world, once a bank decides to steal your money there is nothing to do for the average person since you cannot beat them, since they have the best and the most expensive lawyers in the country. 
Topic: What don't you like about Banks and Banks controlling your money - page 8. (Read 5736 times)
July 24, 2017, 11:37:40 PM
July 23, 2017, 09:15:00 PM
This may sound funny but here in my country, there is always this kind of phenomenon that when it's pay day all of the ATMs of a certain bank is currently under maintenance that you are forced to cash out on some ATMs with a transaction fee, I this is their way to earn money from members, i really do hate it and this is really suspicious for me that they need to fix all of their ATM when it's payday, it's kinda small for some here, but this is a big issue for me.
July 23, 2017, 08:07:38 AM
i don't want the bank to control my money like what my experience when i need to widraw my money it is very hassle for me to widraw on their location especially when the atm machine is offline you need to find more machine that is online to widraw your money, and when emergency you cannot get all your money there is a limit of widrawing of it.
July 21, 2017, 10:13:04 PM
I definitely don't like banks controlling my money because banks uses our money for more profit. Just for example you deposit a bulk amount of money just for savings, yearly inflation rate will increase while your money there gaining only an interest lower than the inflation rate.Who's the loser now?
I agree, the value of goods every year increases and when receive money from saving banks, we just loss or take a small profit. And in present, saving bank not better than investing to buy cryptocurrency, more people on the world's can realize that. If not want buy crypto, I will buy Gold for replace saving bank
July 20, 2017, 11:55:03 AM
in my country, banks are not good and banks always steal people money and there are many ridiculous rules inside which make people crazy. Moreover, banks are supported by the government and therefore, there is no way to get back your money once you lose your money in banks.
July 20, 2017, 11:17:40 AM
Which I do not like from banks is. Our account is really transparent. even regular employees who worked at the bank could only see the accounts that we have. Even people who do not understand will get the impact of bad risks. Other than that too big that must be borne by the customers to conduct any transaction. So I think its security is not very secure. If you want me to compare with bitcoin. Certainly very far away. Bitcoin has advantages that can indeed be profitable. In addition to the price that is not too high. Bitcoin also has a very good pitur. One of the pieces owned by bitcoin is a security stick. So when compared with banks today bitcoin is more profitable than the bank
July 18, 2017, 05:57:18 AM
I see that people are feeling bad about the bank using their money. But basicly its abusing people money, using it as a collateral on 10:1 or more levarege basis to borrow more money. If the money would be used wisely, noone would have any hard feelings about it. Right now the money that are in a bank should not be treated as collateral because it does not belong to the bank and can easily lose its collateral status.
That is all a basicly a fiction that is based on statistic and mathematic basedl ficticious economical models. I do not have to say what my feelings are about that.
That is all a basicly a fiction that is based on statistic and mathematic basedl ficticious economical models. I do not have to say what my feelings are about that.
July 18, 2017, 03:35:11 AM
Yeah very big devils and money suckers. They will levi a charge on you with every transaction that you make with credit card or other cards. Plus they will gain you big money to lend to other investors and will pay you penny interest for that money to put into bank. But this interest rate is smaller than all the charges that bank takes from you which means it is useless to put your money into banks. They are annoying.
July 17, 2017, 05:02:41 PM
It is convienient to have a bank account. At the one hand it is not really your money since you don't have control over it. At the other hand the bank is providing security up to a certain level of protection for the customers. Problem is noone is protecting you from the bank. I don't think that government control is sufficient both sectors are too close.
July 17, 2017, 03:34:02 PM
Maybe bank is different from bitcoin, if bitcoin is controlled by the owner of our wallet and doesnt complicate the transaction, of course this is different from bank that always controlling money from people and sometimes feel uncomfortable doing transaction.dan always be and subject to government rules
July 17, 2017, 02:53:03 PM
They will not leave a chance to charge you back with suspicious transaction. Tell me first thing, is there any rules or regulations about bitcoin? no! Then you are using the bitcoin the way you want it, or you are earning it the way you want it. So, if you can do that with no restrictions then why banks would not come up with strictness in their policy when you withdraw big anonymous amount into it. This sounds okay to me but nkt good for us. The on,y thing bitcoin makes me positive is it will be soon available over thousands of shops for goods and services leaving us opportunity to spend with few decentralised proof regulations.
July 16, 2017, 03:05:11 PM
In a s much as I have some couple of issues with the bank, I can't decide not use their services any longer.
In my country, bank charges you for everything from monthly charges to SMS alert charges, ATM card maintenance charges, withdrawal fees for using other banks ATM and other minor charges.
It all sucks, but then, I can't withdraw my money and bury it in the soil, so I gotta keep on using bank
In my country, bank charges you for everything from monthly charges to SMS alert charges, ATM card maintenance charges, withdrawal fees for using other banks ATM and other minor charges.
It all sucks, but then, I can't withdraw my money and bury it in the soil, so I gotta keep on using bank
July 16, 2017, 02:43:56 PM
they are speculating and misusing our dirty fiat, thats why i like btc
July 16, 2017, 11:05:26 AM
I do not like banks because of the monthly fees charged to bank customers. As well as complicated administrative costs .. once I created a local bank account. Where I have to fill the administrative form that sangay many and complicated. In the room I had to wait for the queue to be able to submit my form. I do not like to wait .. after that there are some administrative costs that I have to pay off. There is also a monthly fee. Taken from savings funds. That's what irritates me. For transfers also have to pay a fee .. I better save in bitcoin more simple and more profitable
Thank you for reminding me. I am too facing all the problems you have mentioned with banking system. But I am continuing them because I got practice to those problems of banking system. I believe we need some more time to completely quit our traditional banks so that we can depend on only bitcoin payment system. I'm eagerly waiting for such type of days so that we can lead a life a complete problem free from our banks. 
July 16, 2017, 10:05:49 AM
I do not like banks because of the monthly fees charged to bank customers. As well as complicated administrative costs .. once I created a local bank account. Where I have to fill the administrative form that sangay many and complicated. In the room I had to wait for the queue to be able to submit my form. I do not like to wait .. after that there are some administrative costs that I have to pay off. There is also a monthly fee. Taken from savings funds. That's what irritates me. For transfers also have to pay a fee .. I better save in bitcoin more simple and more profitable
July 14, 2017, 08:56:22 PM
whether you agree or disagree that this is positive - banks also serve a "bigger" purpose
http://positivemoney.org/how-money-works/how-banks-create-money/
http://positivemoney.org/how-money-works/how-banks-create-money/
Yes indeed, fractional reserve is how banks make profit and how boom and bust cycles are fueled. Is it a big purpose? Yeah. But it's definitely negative. This plus the government insuring deposits mean that banks can essentially do whatever they want, lend to subprime mortgagees etc. like what happened in 2008, because they know they can do fractional reserve and governments will bail them out if anything bad happens.
So essentially, you have the government controlling laws and regulations, as well as the monetary supply itself. But you've also got bankers that control monetary supply. So the whole idea of central banking is quite delusional and f***'d up, i'm surprised why anyone still believes that this is how the future should be. It's obvious that bitcoin is a better alternative, people are just reluctant to use it.
July 11, 2017, 04:34:24 AM
I definitely don't like banks controlling my money because banks uses our money for more profit. Just for example you deposit a bulk amount of money just for savings, yearly inflation rate will increase while your money there gaining only an interest lower than the inflation rate.Who's the loser now?
I agree, the value of goods every year increases and when receive money from saving banks, we just loss or take a small profit. And in present, saving bank not better than investing to buy cryptocurrency, more people on the world's can realize that. If not want buy crypto, I will buy Gold for replace saving bankWhen I'd learn bitcoin and see this past few months how it is possible to get more savings in btc,I withdraw and transfer my saving in bank account to my wallet for I we all know that btc will pump again and good since we're the one who can monitor and controls it anytime.
July 11, 2017, 02:11:23 AM
I definitely don't like banks controlling my money because banks uses our money for more profit. Just for example you deposit a bulk amount of money just for savings, yearly inflation rate will increase while your money there gaining only an interest lower than the inflation rate.Who's the loser now?
I agree, the value of goods every year increases and when receive money from saving banks, we just loss or take a small profit. And in present, saving bank not better than investing to buy cryptocurrency, more people on the world's can realize that. If not want buy crypto, I will buy Gold for replace saving bank July 10, 2017, 10:41:35 PM
I meat a guy in banking hall today angry with his account officer because he was ask to open an account without being told if has a BVN number after he has make a deposit. Since this incident today I look at banker as being greedy, and selfish. They only thing on how to get from you and when you want to get back what you have deposited, you become a strange to your own assets.
Getting your money into a bank is easy, getting your money out of the bank is really difficult that is why I got into bitcoin in the first place, I hate banks, you lend them your money and they act as if they are the ones doing a favor to them.It is true, some time banking employees are doing work with negligent. Because they have no interest on customer's money, they are just doing their job. But if we are doing our work with carefully then sure no banks and bankers could disturb us. It is also our responsibilities that always careful about our money. That's why i convert my money into bitcoins, it is more save than banks.
June 30, 2017, 06:31:10 AM
I definitely don't like banks controlling my money because banks uses our money for more profit. Just for example you deposit a bulk amount of money just for savings, yearly inflation rate will increase while your money there gaining only an interest lower than the inflation rate.Who's the loser now?
I agree, the value of goods every year increases and when receive money from saving banks, we just loss or take a small profit. And in present, saving bank not better than investing to buy cryptocurrency, more people on the world's can realize that. If not want buy crypto, I will buy Gold for replace saving bank Jump to: