Which do you prefer, bank or crypto? - page 41.

hongus

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Quote from: Nasonn on September 22, 2018, 09:48:11 AM

I don't think the choice between bank and crypto is a matter of preference. I believe it's a matter of practicability of the two, they both have areas of use and currently one can't substitute the other.

I totally agree with you, my friend. And banks and crypto can exists together

andrejka

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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 would prefer to store my money in cryptowallet definitely despite the risk of cyber theft. If using cold wallets and protect your data appropriately then you would never worry about your crypto being stolen. But unlike the banking system no one would ever shut down my account and froze my money))

the13thsymphony

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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?

You have to know first the meaning of the the Bank and the crypto before you know which one you prefer.

Bank
- A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries.

Cryptocurrency
- A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency.

For me I prefer crypto cause in crypto you can earn big profit even you just store your coins in the crypto wallet not unlike in the bank you will not earn any profit if you just store your money in the bank. In crypto there are many ways to earn in bank it is hard to earn money. In the crypto even you do not do something you earn, but in the bank it is only the one hodling your money and nothing gains.

ifightformerkel

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In the Bank, your money will be more secure, but if you invested money in cryptocurrencies, then you are more likely to get a good percentage in the long term.

samle

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both items are very important to me, but in terms of transactions and investment I will prioritize crypto than banks because in crypto I can increase revenue even though there are many risks that must be borne, if the excess bank is in terms of security

ymaico

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Looking for what it is necessary for me if to save that it is better to use bank and for other variants cripto

Kelvinovie2

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Both have their own vital role, not everywhere you go that is accepting crypto, so you will need money in terms of either digital form or physical form, but we are looking forward to the day where crypto will be accepted world wide on every stores. Though you can still change your crypto to cash with ease.

Cubic Earth

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Cryptocurrency is a good way to invest. The main thing is to learn to understand which of them invest money. Because there is a risk not to earn, but to lose your money.

imoet

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homt.net

Quote from: oxoxoxox on September 21, 2018, 05:14:18 AM

If it is just for the benefit, then I will choose the cryptocurrency, but if it is to save the property, then the bank is the best choice!

That is correct but nowadays cryptocurrency is already wellknown and make relation with some banks...because those banks knew that cryptocurrency will take over the world in the future..each of them has their own advantages for us.

t3m4nc0k

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Quote from: DISPERADO on September 22, 2018, 10:15:56 AM

Quote from: kramat on September 22, 2018, 09:52:49 AM

banks only save money and crypto is increasing the value of the amount of money we invest and in my opinion to multiply it is better to choose crypto in a good way so as not to suffer losses

Cryptocurrency is not a very stable asset. I would not put all my money into cryptocurrencies because its price can both grow and fall.

it is a good thing to know crypto prices that are unpredictable and always fluctuate making difficult choices. so do the safest choice so that everything will be good for our finances

ChinkyEyes

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I use crypto to hedge myself against banks and financial institutions in case they fuck up again. Our financial system currently is like playing a game of musical chairs and when the music stops I would rather be sitting on a pile of crypto than holding some worthless paper.

I try to hold as minimum fiat as I can, just use it for necessities.

Roni116

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To get a profit I prefer crypto, because crypto can provide an opportunity to get big profits. Bank, I like to use it to save money and also for unexpected needs, because banks easily take money.

becak mesin

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All people must know that bank is a service of money store, it has been exist for many years before creating Crypto currency. I personally can not to chose one of them because I need both. Dealing to Crypto currency people need to know the fundamentals, what is actually crypto currency. It is not only a digital money, it can be a lucrative investment which can produce a lot of profit and used for means payments(only in particular countries).

Therefore, today I can only chose one of them because I my country there are no physical shops accept Crypto currency for means payments or other such transactions. I need to convert Crypto to virtual currency of my state and withdraw it in Banks and other entities.

Bounty_Hunter

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I trust cryptography more because banks are collapsing and my trust in them is falling every day. Cryptography is the future!

DISPERADO

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Quote from: kramat on September 22, 2018, 09:52:49 AM

banks only save money and crypto is increasing the value of the amount of money we invest and in my opinion to multiply it is better to choose crypto in a good way so as not to suffer losses

Cryptocurrency is not a very stable asset. I would not put all my money into cryptocurrencies because its price can both grow and fall.

udayantha11

member

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2023 would most likely be as bearish as 2022

bank is still safe at the moment also. crypto currencies still not widely accept and they are online , so if something happended we have evidence even.

with banks we can do something just because its physically there.

vKedax

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I do not have large sums at my disposal, so now I choose cryptocurrency. Perhaps this is not the best option for saving money, but there is a chance to increase my money.

kramat

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banks only save money and crypto is increasing the value of the amount of money we invest and in my opinion to multiply it is better to choose crypto in a good way so as not to suffer losses

Nasonn

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I don't think the choice between bank and crypto is a matter of preference. I believe it's a matter of practicability of the two, they both have areas of use and currently one can't substitute the other.

gabriela1999

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Merit: 10

I still like to use both but I hope in the future crypto will be more acceptable. I will store my assets on the crypto. Because I like crypto's decentralized and uncontrolled by 3rd party.

Topic: Which do you prefer, bank or crypto? - page 41. (Read 3889 times)