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Topic: Which do you prefer, bank or crypto? - page 4. (Read 3889 times)

member
Activity: 162
Merit: 10
The World’s First Blockchain Core
October 26, 2018, 12:34:53 PM
If i want to say truth. If i have 10 million dollar I will directly put my money to bank and i will take some monthly money from that base money.
Crypto is really volatile. We are here because we want to earn huge amount of money but if i have huge amount of dollar surely i will save my money in my bank account.
You can never be sure about your money in crypto world. You can lose 50 percetange of your money in one day easily. but i trust crypto i love crypto because of that i am here.
full member
Activity: 451
Merit: 100
October 26, 2018, 12:20:12 PM
Well, I prefer crypto more than banks because it is wild,transparent and decentralized. No one can block my account just for fraudulent activity or shady transactions.
Government can't control me
sr. member
Activity: 700
Merit: 250
October 26, 2018, 12:17:17 PM
I dont think there is anyone who understands blockchain or cryptocurrencies would ever prefer Banks and centralized currencies over crypto. The advantages more and you will be the true owner of your assets.

I think that choosing a bank or crypto is the same, it depends on those who choose. because banks and crypto are equally profitable so choosing between the two is not necessarily the right choice
hero member
Activity: 1078
Merit: 504
October 26, 2018, 12:11:14 PM
I dont think there is anyone who understands blockchain or cryptocurrencies would ever prefer Banks and centralized currencies over crypto. The advantages more and you will be the true owner of your assets.
full member
Activity: 346
Merit: 100
BitSong is a dcentralized music streaming platform
October 26, 2018, 11:54:07 AM
It depends on what transaction it is, if I just wanted a safe and secured savings, I would definitely put my money in the bank. But if I wanted to earn from my money, I would prefer it to be in crypto, because investment in crypto if successful can give so much more than what banks can offer.
member
Activity: 294
Merit: 21
Buy, sell and store real cryptocurrencies
October 26, 2018, 11:34:04 AM
Even despite all the flaws in cryptocurrency, I choose her.  I do not have confidence in banks and the government, I believe the future belongs to the crypto
member
Activity: 574
Merit: 10
October 26, 2018, 08:17:26 AM
I think bitcoin and banks are also good, but for my opinion, I prefer bitcoin than banks, because for us the profits we make from bitcoin are also very large compared to our profits at the bank. because the future of bitcoin also shows a bright future.
newbie
Activity: 84
Merit: 0
October 26, 2018, 08:05:01 AM
ACCORDING TO MY EXPERIENCE, THE TIME OF TOMORROW AND TOMORROW IS GOING TO BE SEEN. I WOULD RECOMMEND THE BANK BECAUSE WE CAN KEEP ALL OF MY PRECIOUS ASSESTS IN THE BANK.  BUT CRYPTO CURRENCY IS JUST A MEAN OF PROFIT.
member
Activity: 658
Merit: 13
October 26, 2018, 07:33:06 AM
I prefer crypto because crypto can double the money I have faster than banks. although crypto has a greater risk than banks, but if you can play safe and not too greedy crypto is a perfect investment
member
Activity: 280
Merit: 11
October 26, 2018, 07:25:47 AM
Both can be useful,remember you can't invest all your money in crypto,so you still have to make us of bank.Bank as an institution has is own advantage and so also crypto.For now,both are relevant.
member
Activity: 398
Merit: 10
October 26, 2018, 06:58:55 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 love cryptocurrency, but I have to admit that banking is still the best choice right now
cryptocurrency has long way to catch up with banking...
fast, real money.
alitle higher fee is acceptable.
full member
Activity: 644
Merit: 100
October 26, 2018, 06:48:16 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?

If I will choose between Bank or Cryptocurrency, I choose both of them its because whether to those two you would choose still they has a cons to us. Just like what you said Banks are prone in identity theft, ATM withdrawal scams and so on while Cyptocurrency is prone in cyber scams. But the only thing they are goal is to have a better transactions even though they have cons.
full member
Activity: 821
Merit: 100
Volare.network
October 26, 2018, 06:29:06 AM
 i like both. Banks are the safest place to save money. while crypto is the easiest place to get profit. so I need both now. but if crypto can replace the bank's function maybe I will use Crypto in full and start leaving the bank
member
Activity: 700
Merit: 11
October 26, 2018, 06:24:14 AM
I prefer cryptocurrency because I can stay comfortably anywhere in the world and monitor my transactions. Banks are good but there are many reasons I detest them. They are centralized, too long queues, limits and high fees there's also the possibility of getting shot during a robbery while at the bank
member
Activity: 392
Merit: 12
October 26, 2018, 06:21:58 AM
Crypto hasn't yet established well all over the world, but it has made good progress. On the other hand, bank is still most preferred place to store your funds, but recently i have been doing a lot of transactions with crypto.
member
Activity: 434
Merit: 10
October 26, 2018, 06:15:45 AM
I prefer crypto instead of bank why? because in crypto you didnt need many process in order to get your money while in bank you need to undergo many proccess before you can get your money.
full member
Activity: 1400
Merit: 103
October 26, 2018, 05:41:43 AM
Money should work and multiply themselves, if they do not work (no matter where in the Bank or in a crypto wallet), then their purchasing power falls.
jr. member
Activity: 224
Merit: 1
October 26, 2018, 05:34:37 AM
Now I have to use banks. But in future I hope to change it.
newbie
Activity: 112
Merit: 0
October 26, 2018, 05:20:11 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 wouldnt choose only one of them. banks are a safe way to keep your profit. and you can withdraw your cash fastly from banks. on the other hand crypto is the future. an alternative financial system against banks. so i would divide to two.
Well said and I agree. Banking is safer when keeping our money and crypto holds a great future so balancing it will do the trick although hopefully someday, an untraceable blockchain will be used for cryptos that will make it a lot safer than it is today.
newbie
Activity: 112
Merit: 0
October 26, 2018, 05:16:02 AM
Many of us are using both right now because banks are stable. Crypto is not as stable as a bank but I think it has a bigger potential to increase our investments.
Yes, me too. I use both. Bank is for safekeeping and cryptocurrencies for profit although I'm hopeful that someday, things will change in the financial system of cryptocurrencies that even safekeeping will be covered.
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