You should never trust banks - page 57.

romero121

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Quote from: Japinat on January 10, 2017, 02:00:33 AM

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Quote from: Pattart on January 09, 2017, 04:28:51 AM

Quote from: lilit on December 31, 2016, 11:26:02 AM

Quote from: jam1nut0 on December 31, 2016, 10:55:03 AM

Of course we shouldn't yet many people still turst them

More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.

Lol why should not trust the bank? true almost everyone on earth depends and use the bank. with the bank we get the ease of transaction-distance and other advantages?

Talking frankly people will put their trust to banks rather than with bitcoin. As we know banks are already operating for so many years and helping people with their services such as with loans, savings and other things that can help an individual for investment. There is no reason that we shouldn't trust banks, they are even reputable for they are supported by the government.

That's self explanatory, bitcoin is still young and we are still in the adoption phase. Fiat on the other hand is leading in the world as a legitimate currency for any transaction. Non trusting the bank is like not trusting the fiat system, if one can live without fiat then I can simply say that he does not trust banks, but the question is, is it possible not to use fiat to have a comfortable life?

Bitcoin is young but the growth it has achieved is very high compared to any stock market other commodity. This clearly described that bitcoin is making revolution in the economic and banking system. Now upon the potential of bitcoin, banks have started to adopt the technology of bitcoin to be in the mainstream. So banks will be trusted by users even if bitcoin gets acceptance similar to banks.

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Quote from: Pattart on January 09, 2017, 04:28:51 AM

Quote from: lilit on December 31, 2016, 11:26:02 AM

Quote from: jam1nut0 on December 31, 2016, 10:55:03 AM

Of course we shouldn't yet many people still turst them

More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.

Lol why should not trust the bank? true almost everyone on earth depends and use the bank. with the bank we get the ease of transaction-distance and other advantages?

Talking frankly people will put their trust to banks rather than with bitcoin. As we know banks are already operating for so many years and helping people with their services such as with loans, savings and other things that can help an individual for investment. There is no reason that we shouldn't trust banks, they are even reputable for they are supported by the government.

That's self explanatory, bitcoin is still young and we are still in the adoption phase. Fiat on the other hand is leading in the world as a legitimate currency for any transaction. Non trusting the bank is like not trusting the fiat system, if one can live without fiat then I can simply say that he does not trust banks, but the question is, is it possible not to use fiat to have a comfortable life?

btcdiggingmaster

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We have to depend on banks with debit and credit card toward we cannot able to buy any thing because now government are making there move towards cashless transaction, it indicates that every transaction will be noted by banks. So in future we have to trust the banks even though the charges are high we have to move along with them.

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Quote from: lilit on December 31, 2016, 11:26:02 AM

Quote from: jam1nut0 on December 31, 2016, 10:55:03 AM

Of course we shouldn't yet many people still turst them

More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.

Lol why should not trust the bank? true almost everyone on earth depends and use the bank. with the bank we get the ease of transaction-distance and other advantages?

audaciousbeing

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I am very sure there will be an explanation to the way the banks related with you at the same time there are laws that guide their activities in which if you are not comfortable with, you can just sue them and ask for damages. Also, its a lesson to never to trust all your money in just one particular place whether banks or otherwise because you never can tell when you will need it the most and this people will start giving stories that touch.

nexitorned

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It would not be better to go directly to the bank and ask why they closed the account. To say it like this is quite ambiguous because it could have happened for any reason or something deeper than you did something illegal.

Another possible reason you received money from someone who is being investigated by law.

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Quote from: agamasrori on January 09, 2017, 01:45:33 AM

Quote from: lilit on December 31, 2016, 11:26:02 AM

Quote from: jam1nut0 on December 31, 2016, 10:55:03 AM

Of course we shouldn't yet many people still turst them

More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.

I think the bank business is like loan sharking business. Bank interest calculation methods are really only two, namely the effective interest and of a flat rate (flat interest). But some banks apply annuity interest that extort money from customers. So it is better to use bitcoin to minimize the use of bank services.

Banks offers low interest and they are competitive, we need to trust them when it come to borrowing money as they follow the laws to protect us and their business as well.

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Quote from: lilit on December 31, 2016, 11:26:02 AM

Quote from: jam1nut0 on December 31, 2016, 10:55:03 AM

Of course we shouldn't yet many people still turst them

More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.

I think the bank business is like loan sharking business. Bank interest calculation methods are really only two, namely the effective interest and of a flat rate (flat interest). But some banks apply annuity interest that extort money from customers. So it is better to use bitcoin to minimize the use of bank services.

Edsemen

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Quote from: onelove2111 on December 31, 2016, 03:27:04 PM

Quote from: Sasha Grey on December 28, 2016, 09:42:21 PM

The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.

The fact that people are dependent on banks, more like a conspiracy of the powerful against the world's population. Why do people even in rich countries do not all live well, although working for a lot longer for the rich. It's not fair. Banks simply rob people.

With the bitcoin, there will be more competition. So it is good.

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Quote from: wutard on December 31, 2016, 03:01:49 PM

Quote from: Positid on December 28, 2016, 10:37:07 PM

Quote from: Sasha Grey on December 28, 2016, 09:42:21 PM

The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.

Bitcoin is getting popular but bank will always be here to serve us, majority of the people are still trusting banks as it is more safer than bitcoin. Bank is a business of trust in fact, so when people loses trust with banks, they will stop operating.

Banks are not popular. Banks have already done so, so that there was no way in humans. If you need money, then go left only to the bank, otherwise the money will not find anywhere else, but on the verge of social standards possible for everyone.

Maybe so, but think for yourself, because people did not have many options if banks did not give them these opportunities. Even the state now through banks decide with a population of many questions.

onelove2111

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Quote from: Sasha Grey on December 28, 2016, 09:42:21 PM

The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.

The fact that people are dependent on banks, more like a conspiracy of the powerful against the world's population. Why do people even in rich countries do not all live well, although working for a lot longer for the rich. It's not fair. Banks simply rob people.

wutard

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Quote from: Positid on December 28, 2016, 10:37:07 PM

Quote from: Sasha Grey on December 28, 2016, 09:42:21 PM

The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.

Bitcoin is getting popular but bank will always be here to serve us, majority of the people are still trusting banks as it is more safer than bitcoin. Bank is a business of trust in fact, so when people loses trust with banks, they will stop operating.

Banks are not popular. Banks have already done so, so that there was no way in humans. If you need money, then go left only to the bank, otherwise the money will not find anywhere else, but on the verge of social standards possible for everyone.

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Quote from: jam1nut0 on December 31, 2016, 10:55:03 AM

Of course we shouldn't yet many people still turst them

More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.

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Of course we shouldn't yet many people still turst them

Winter1986

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The entire banking system is carefully targeted to earning money on the people. So there is nothing good to wait on them. In certain cases, customers benefit, but basically give the bank all their money.

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Quote from: Sasha Grey on December 28, 2016, 09:42:21 PM

The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.

Bitcoin is getting popular but bank will always be here to serve us, majority of the people are still trusting banks as it is more safer than bitcoin. Bank is a business of trust in fact, so when people loses trust with banks, they will stop operating.

Sasha Grey

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The Bank can still be trusted, we still depends with many banks, transactions and money circulation can not leave the bank. And also the government always protect the bank, imposible for us if never trust banks.

Mometaskers

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Thank goodness I don't really have much saved in the bank. (Well don't have much savings to begin with, hehe.) The most I have to do with banks is use a credit card monthly. They don't really earn much from me, I'd like to believe. I only use the card to buy merchandise and I'm not charged any interest.

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Quote from: MingLee on December 27, 2016, 07:41:32 PM

Quote from: Babayega31 on December 27, 2016, 07:34:53 PM

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Quote from: Text on December 21, 2016, 07:51:38 AM

It is recommended to deposit or save in government's bank so you have a right to chase them if they scam but I doubt they can do that unless they want to destroy their reputation. I will just use bank if it is badly needed or it is basic or major requirement for a particular purposes like getting your money.

That's the advantage of letting your money to be saved in the bank. You are covered by the law when something happened unexpectedly to their bank, just like insurance and everything as long as that collapse will happen within the banks premises or the cause is the banks negligence. That's why I still trust them because of that.

When it comes to savings, nothing beats banks. They have all the facilities to make sure you money is safe, but when we talk of investment, banks should not be trusted with it, bitcoin is the most popular now, so we take part of this great investment.

Yeah you should not trust banks that doesn't recognize bitcoin transaction because it may scam you in the future, and make sure that bank has a a protection of your account. If the bank you are going to transact with does not meet that criteria don't do transaction with them, i myself trusted one bank in my country which i cash out my bitcoin wallet and it really done well in any transaction i had with them and still right now i am fully trusting them because of their safe banking transactions as well.

Bitcoin is far from being the "most popular" investment, and I don't know of any banks that would even consider allowing for Bitcoin investments to be kept on their property, to be honest. When it comes to incoming fiat transactions, whether from a check or wire transfer. they should always accept it, as long as the incoming statement is valid.

The fact is yes that bitcoin is still too far to be called as the most popular investment in the whole world. Because there are some other investments which are more popular than bitcoin, gold is there, silver is there and mutual bonds and everything. And take note that investment in banks are popular to those rich people which their money are being used for banks investment.

But we all knows that the most profitable investment we should agree is bitcoin. Gold, silver, bonds became the main choice because they not yet bitcoin, if the government not banned bitcoin, I sure bitcoin will exceed that investment.

MingLee

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Quote from: Babayega31 on December 27, 2016, 07:34:53 PM

Quote from: Positid on December 21, 2016, 09:38:08 PM

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Quote from: Text on December 21, 2016, 07:51:38 AM

It is recommended to deposit or save in government's bank so you have a right to chase them if they scam but I doubt they can do that unless they want to destroy their reputation. I will just use bank if it is badly needed or it is basic or major requirement for a particular purposes like getting your money.

That's the advantage of letting your money to be saved in the bank. You are covered by the law when something happened unexpectedly to their bank, just like insurance and everything as long as that collapse will happen within the banks premises or the cause is the banks negligence. That's why I still trust them because of that.

When it comes to savings, nothing beats banks. They have all the facilities to make sure you money is safe, but when we talk of investment, banks should not be trusted with it, bitcoin is the most popular now, so we take part of this great investment.

Yeah you should not trust banks that doesn't recognize bitcoin transaction because it may scam you in the future, and make sure that bank has a a protection of your account. If the bank you are going to transact with does not meet that criteria don't do transaction with them, i myself trusted one bank in my country which i cash out my bitcoin wallet and it really done well in any transaction i had with them and still right now i am fully trusting them because of their safe banking transactions as well.

Bitcoin is far from being the "most popular" investment, and I don't know of any banks that would even consider allowing for Bitcoin investments to be kept on their property, to be honest. When it comes to incoming fiat transactions, whether from a check or wire transfer. they should always accept it, as long as the incoming statement is valid.

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