Topic: You should never trust banks - page 58. (Read 60756 times)

Quote from: South Park on December 27, 2016, 04:59:24 PM

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.

rizkyhiw

legendary

Activity: 1484

Merit: 1004

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Yeah banks can steal your money with the difference they can do it legally, and there is not a lot you can do about it since they are so big and powerful while the average account holder does not have the resources to fight the bank and win.

as long as government backing banks in every countries
i guess people shouldn't have to worry about what you said above
if you did not trust banks at least for now , hard for you to choose what else to be trusted?
as bitcoin not yet established , i think there is no harm to believe on them?

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: CyberKuro on December 10, 2016, 11:59:48 PM

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Yeah banks can steal your money with the difference they can do it legally, and there is not a lot you can do about it since they are so big and powerful while the average account holder does not have the resources to fight the bank and win.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: Barbut on December 10, 2016, 05:46:11 AM

We should never trust system, they care just about themselves. And its western economy to be clear on this, humans are not important, just profit. We can all die today, its not important, as long as they earn billions and billions on our backs.

Actually we still need banks, due to we live in banking system right now and any cryptocurrency can't replace banks yet.
But I just hate 2 of their policies, too much/high fees and % of interest if you borrowing money to banks , you will suffer under your debts like never end.

Yes banks are still inevitable part of our life, and we do not have any other option except to believe on it, as the the bitcoin wallet system is still not so much develop to use It instead of banks, as still majority of people are using fiat and do not know anything about bitcoin hence they will continue using bitcoin but in future we can hope that people will start using online wallet system instead of banks.

deisik

legendary

Activity: 3486

Merit: 1280

English ⬄ Russian Translation Services

Quote from: posternat on December 24, 2016, 02:10:54 PM

Quote from: Positid on December 24, 2016, 02:27:29 AM

Quote from: posternat on December 24, 2016, 02:10:54 PM

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Maybe you have a bad experience with banks, but in reality banks are more safe than bitcoin and that is what people are saying. With bank, though they can check our records and we cannot be anonymous but our money are well protected.

If you fight against bank for sure you will never win they have the expensive lawyer
and good enough to make a battle against you.

This is not always so

If the bank has a losing case, no matter how expensive their lawyers might be they could still lose. And I'm talking about that because I witnessed such a case myself when a bank made some stupid move (namely, changed the interest on already opened deposits) and was even more stupid to bring that case to courts. When the courts started to deliver judgments in favor of depositors, the bank was forced to cancel their decision and recalculate the amount due since otherwise they would cause themselves much more serious expenses and penalties

whizter

hero member

Activity: 588

Merit: 500

Quote from: Positid on December 24, 2016, 02:27:29 AM

Quote from: Positid on December 24, 2016, 02:27:29 AM

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Maybe you have a bad experience with banks, but in reality banks are more safe than bitcoin and that is what people are saying. With bank, though they can check our records and we cannot be anonymous but our money are well protected.

If you fight against bank for sure you will never win they have the expensive lawyer
and good enough to make a battle against you.

yes that is a fact that banks are more stable and still in stronger position and they also have the support of governments. to me people are still trusting on bitcoin because most of the people who do not know about bitcoin are still using banks for their fiat and other activities.

posternat

hero member

Activity: 798

Merit: 500

Quote from: cakravothy on December 22, 2016, 07:49:19 PM

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Maybe you have a bad experience with banks, but in reality banks are more safe than bitcoin and that is what people are saying. With bank, though they can check our records and we cannot be anonymous but our money are well protected.

If you fight against bank for sure you will never win they have the expensive lawyer
and good enough to make a battle against you.

Pattart

hero member

Activity: 1190

Merit: 500

all country need in about bank
in make money online you need bank
without bank, you can very dificult your bitcoin exchange to fiat money
bank is regulated in your goverment in your county, so what do you reason your not trust in bank

yeah even without the bank you could not take your money out of bitcoin, how we do not believe the bank while the bank provides many benefits and help me. banks are still the most important thing for financial problems

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Maybe you have a bad experience with banks, but in reality banks are more safe than bitcoin and that is what people are saying. With bank, though they can check our records and we cannot be anonymous but our money are well protected.

jak3

legendary

Activity: 1274

Merit: 1004

wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all

Skarner21

hero member

Activity: 700

Merit: 500

Massive price drop coming...

Quote from: South Park on December 23, 2016, 06:56:07 PM

Quote from: South Park on December 22, 2016, 06:43:21 PM

Quote from: Positid on December 21, 2016, 10:38:08 PM

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.

Banks don't offer to much as a saving vehicle in my country the interest rate is a joke and while you have savings protection there is a limit to how much money your bank covers if you have a lot of money you can lose it even if there is insurance of deposits.

That is because banks are too managed as a business that every single depositors will be covered by a protection for their policies and as well as the government regulations. But the money that you are depositing to them as savings will just receive small interest because that is just a very simple bonus for lending them your money without any contract.

I don't know about your country but in my country before opening a bank account you need to sign a contract before the banks accepts opening an account for you, personally I think having money siting in the bank doing nothing is a mistake since you could get more interest doing almost anything else.

Opening a bank account here doesn't have an actual contract that is just simply application form and you just need to agree with their terms and conditions which is basically you think their contract. Banks are really just for saving your money and yes if you will just let your money sleep in the bank you will grow nothing but your money is secured.

I think there is other option in banks that actually giving you benefits like investment plan.. they are giving investment plan but its just small interest every year.. and i think they are use money for giving loan this is i think the other side of their business.
Banks honestly it gives you secured your money unlike you are just holding a large money that its risky if you put your money in your house to save..

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: South Park on December 22, 2016, 06:43:21 PM

Quote from: Positid on December 21, 2016, 10:38:08 PM

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.

Banks don't offer to much as a saving vehicle in my country the interest rate is a joke and while you have savings protection there is a limit to how much money your bank covers if you have a lot of money you can lose it even if there is insurance of deposits.

That is because banks are too managed as a business that every single depositors will be covered by a protection for their policies and as well as the government regulations. But the money that you are depositing to them as savings will just receive small interest because that is just a very simple bonus for lending them your money without any contract.

I don't know about your country but in my country before opening a bank account you need to sign a contract before the banks accepts opening an account for you, personally I think having money siting in the bank doing nothing is a mistake since you could get more interest doing almost anything else.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: coinfast on December 22, 2016, 07:07:21 PM

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.

Putting your money in banks is not really that safe plus whenever you need to take some of your money you have to either wait in line or pay some fees using ATMs, I rather have my money by my side in a place where I can access them easily rather than having to go to the bank every time I need to get some.

SmartIphone

legendary

Activity: 1204

Merit: 1000

Badly if you need to go in some countries you have to apply for a visa and the embassy asks you for a bank transactions history.
But they won't ask you for bitcoin transactions Tongue

, You are "forced" to use bank for every day (or mostly all) transaction in order to have a "rich" history.

cakravothy

hero member

Activity: 868

Merit: 501

Chainjoes.com

all country need in about bank
in make money online you need bank
without bank, you can very dificult your bitcoin exchange to fiat money
bank is regulated in your goverment in your county, so what do you reason your not trust in bank

Mirardowyn

member

Activity: 91

Merit: 10

I trust banks. Because Bank is protected by the government and I have never had problems with them. I am sure that my savings in the bank in full safety.

I also trust them, I think that banks are really useful sometimes and that we simply also have to trust them in these days.

coinfast

sr. member

Activity: 508

Merit: 254

I trust banks. Because Bank is protected by the government and I have never had problems with them. I am sure that my savings in the bank in full safety.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Positid on December 21, 2016, 10:38:08 PM