Which do you prefer, bank or crypto? - page 31.

Mikcik

sr. member

Activity: 742

Merit: 250

Quote from: matico on September 28, 2018, 04:25:40 AM

Cryptocurrency gives more power to the holder and to the network compare to Banking. Bank works in the interest of it's owner, shareholder and comply with government directives even if it jeopadize the interest of it's customers! I will go for crypocyrrency any day any time!

In addition, banks and FIAT money are something that can be used in poor and underdeveloped areas. For example, you go to Africa, a continent with most developing countries and crypto is not suitable for all countries here.

matico

full member

Activity: 504

Merit: 100

The Standard Protocol - Solving Inflation

Cryptocurrency gives more power to the holder and to the network compare to Banking. Bank works in the interest of it's owner, shareholder and comply with government directives even if it jeopadize the interest of it's customers! I will go for crypocyrrency any day any time!

beami

full member

Activity: 602

Merit: 100

VANM - VIRAL ADVERTISING NETWORK MINING

I think if crypto is more profitable than banks, the bank will always provide a small amount of administrative and service fees.
Crypto is more flexible and can trade well, results are also satisfying.

AiloveYouks21

sr. member

Activity: 560

Merit: 250

I prefer banks because they have made regulations and are considered legal by the government while crypto instead.

Jadesola

member

Activity: 280

Merit: 11

Even with fraudulent activities going on in the bank sector,bank will still be preferred over crypto.I can afford to store all my savings in bank but I cannot afford to invest all my savings in crypto because I don't want to wake up one day and discover am back to nothing

67semih

jr. member

Activity: 630

Merit: 1

I would prefer half crypto and half normal banks. So you can make different investments. And this technic can make you safe in the market.

martabaktelor

member

Activity: 574

Merit: 10

I prefer crypto because if investing more profitable. Investor trade is a very pleasant thing. The Bank is just the place to save the most money is secure and if we want to benefit certainly will not be able to. Better invest in crypto more profitable.

KingOfWinterfell01

full member

Activity: 504

Merit: 100

Quote from: ShowOffoN on September 21, 2018, 05:09:22 AM

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I'd rather have some of my money, like my savings, in banks where I know they're safe from all the volatility the cryptocurrency market has and will spend some of my money which I normally don't need to buy some tokens. Never bet everything you have on volatile things.

AlaEhBTC

jr. member

Activity: 308

Merit: 3

For me I will still prefer bank to store my money because it is more secure rather than storing crypto in a website wallet that is prone to hackers. But, I prefer crypto to gain money that I can store in my bank.

jzhoulon

full member

Activity: 238

Merit: 100

Last year I chose only cryptocurrency. But the constant decline in prices this year made me think that banks can not be excluded.

EmmettBrownRu

full member

Activity: 448

Merit: 100

The Protocol for the Audience Economy

In Russia, the maximum that can be obtained from a bank deposit is 25% per annum. For this, you need to open an account with a broker, buy government debt bonds and return 13% of income tax. And in the crypt you can earn an order of magnitude more.

alex3.alex03

jr. member

Activity: 126

Merit: 1

Bank deposits differ from investments in bitcoin in that they have a guarantor in the face of the Bank, but they also have risks and at the same time on bitcoin with a reasonable approach, you can earn much more than investing in the Bank.

akeda

member

Activity: 602

Merit: 10

For storing money, I prefer at the bank, because in my opinion banks are simpler in handling everything, whereas in crypto it will certainly be more complicated, but it depends on each person which one is more likely which one

ligerti

member

Activity: 406

Merit: 10

I think that banks are the best solution for keeping money today. After all, in this case, we have the opportunity to defend our rights, fight for a refund in case of problems. But in the field of cryptography there is no such possibility, it is simply impossible to pursue scammers.

Broiler78

copper member

Activity: 168

Merit: 1

I prefer banks, because if there is a problem, I immediately meet the nearest bank to finish as soon as possible. But if crypto takes a lot of days.

Dynamist

full member

Activity: 333

Merit: 100

Quote from: ShowOffoN on September 21, 2018, 05:09:22 AM

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I prefer cryptocurrency because it has so much more potential of gaining huge profits rather than putting money on banks.
Cryptocurrency charges less than banking system and banks have many policies that prevented certain rights over your own money.

Prosperityforall

member

Activity: 490

Merit: 14

I prefer more crypto than bank,but it seems to me that banks can easily collaborate with crypto like some of them did it with XRP

delton22

newbie

Activity: 345

Merit: 0

if i am to make a real choice i would go for cryptocurrency. The reason i would do this is because that i control all my digital assets and the security lies in my hands. rather than depending on the government to safe guard my money when they a prone to theft, and loss

yhieniehy

member

Activity: 152

Merit: 10

I predopochitat cryptocurrency. In banks very small percent can be received if to lay down on a deposit. If to store money of the house in a box them inflation will eat. To keep in cryptocurrency risky, but it seems to me that this risk is justified.

prikitiw

sr. member

Activity: 490

Merit: 250

Quote from: ShowOffoN on September 21, 2018, 05:09:22 AM

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I will choose both because the Bank may not give you much higher interest but it is still safe to put your money there. And I treat cryptocurrency as my investment so technically I will also like to put my money here because it can easily generate profit for me.

Topic: Which do you prefer, bank or crypto? - page 31. (Read 3889 times)