Topic: When the bank is not trustable? - page 2. (Read 174 times)
If a bank made bankrupt your savings if they are not invested but only are on bank account are guaranteed unless you have more than 100.000€...
I think invest money in cryptocurrency is much safer than send money in any bank system in this world 
. There are a lot of scandals related to bank system when bank's customers lost their money by hacker or any other reason and they didn't get any refund from the bank although this lost is not their fault. For now, I prefer invest my money in cryptocurrency or Gold to keep in bank although Bank system has existed for a long time.
. There are a lot of scandals related to bank system when bank's customers lost their money by hacker or any other reason and they didn't get any refund from the bank although this lost is not their fault. For now, I prefer invest my money in cryptocurrency or Gold to keep in bank although Bank system has existed for a long time. What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
In most cases BTC price is rising and dumping because of Whales. There are rather low amount of crypto users in the world. What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
Bankrupt is depends on the fund because banks are invest in share market then only it will continuously run in the market. At the same time blockchain technology is depends on the fund but blockchain technology is faster and safer than banks so peoples are looking to blockchain technology automatically banks funds are reduced in the market so bankrupt is possible in any time. But peoples are Still confusing the blockchain technology so we don't predict the bankrupt. 
I never feeling trust in Bank system that why I don't deposit my money in Bank system to receive monthly or yearly interest ). Bank system is really easily hacked by professional hacker on the world. Beside no need hacker, your money still can be able to disappear by bad Bank employees, they steal your money and run away. In my country, a customer lost about 500k$ in their bank account because it stolen by the branch manager of the bank ).
). Bank system is really easily hacked by professional hacker on the world. Beside no need hacker, your money still can be able to disappear by bad Bank employees, they steal your money and run away. In my country, a customer lost about 500k$ in their bank account because it stolen by the branch manager of the bank ).
I'm sorry, although we no longer believe in banking, but there is no way, because there is no better way to preserve value, we can only continue to use the bank, so I came to invest in cryptocurrency
What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
If all the banks are not trustworthy to keep the funds we have then the best way is with blockchain
because blockchain is a new breakthrough in the world and opposite to banks
efficiency of the blockchain can facilitate the use in terms of delivery and acceptance and global listing system
therefore some banks in the world do not want this technology for fear of being rivaled
and if everyone switches to bitcoin then it is certain that bitcoin will go up in price because of the demand around the world
lol
not as you say, that's not true. every banking is always supervised by the legal entity that umbrella it. so when the bank refers to the liquidation, it will be handled by the concerned government to prevent the investor from losing, because the bank already has a guarantee from the government before it is established.
bitcoin is more famous not because of what you mention, but more easily transact and without third party. hopefully be an insight for you.
The bank has insurance. If someone steals your secret key from your wallet, or accidentally generates a collision to your wallet - you will lose everything. insurance against such cases in crypto-currencies so far I have not seen
THis is one of the best topic I have being commenting on for the past weeks, so many people would go bankrupt if their banks go. The issue is most life savings is even in the bank. Automatically, if the bank go bankrupt, they would go too. Someone like don’t use to save all my money in the bank, just money which I do need is what I put in the bank. Money is always invested in landed properties as asset and part in crypto. I would say, I’m absolutely save, if at all any bank is going bankruptcy. Thanks
What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
Trust is one of the highest value in a life. Trust include fidelity, competence, honesty in keeping the deposit and trust can go away if we want but it's hard to come back.
If you are an entrepreneur who is directly involved with the people, of course trust must always be maintained by fulfilling every promise that has been made and agreed upon.
The blockchain is the only technology that can work with transparent and can be monitored by both parties, both first nor second parties, so that away from the suspicious effects.
I can't say "agree" if bitcoin prices are said to increase. because this is contrary to the facts.
When the economic crisis hits, Banks will become untrustworthy.
Because of the continuous depreciation of legal tender, the BTC investment is a good way to avoid it, so I am optimistic about the future of BTC.
Because of the continuous depreciation of legal tender, the BTC investment is a good way to avoid it, so I am optimistic about the future of BTC.
When the deposit rate is too high and unrealistic
What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
That is also what I am afraid of since we are not sure if those people at the back will provide the best and secure place that we can put our money into.
What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
Some people in my country are experienced it a few years ago, my governments only give 2 billion rupiah for each bank customers but if more than that amount then it means that if the bank is bankrupt then only 2 billion rupiah that can they get, the rest will be lost.
What if the bank you save your life's savings in go bankrupt? Will you go bankrupt with the bank? So blockchain is to solve the trust among all parties. That's why the price of bitcoins is rising, it's the cost of trust.
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