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    Author Topic: Who to Trust, Fiat Banks or BTC?  (Read 2260 times)
    pawanjain
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    July 09, 2021, 01:51:44 PM
     #61

    Just like what the Poll results is showing I don't trust the banks. I hated them right from the beginning.
    They treat us nicely when we open an account with them but after that they their true colors.
    They charge us for service which we don't even know if it exists and then provide a bad support.
    They make us roam here and there just to access all our money. They restrict us from using our own money.
    There are many other reasons why I hate them. Crypto on the other hand is like a blessing where we can be our own bank.
    You may not be satisfied with the way they operate as well as the services and some of their costs but regardless of such low-rated attitudes, you still need to open a bank account in your country, it's already in a required range, without it, this would be very inconvenient to problems, for example, the form of receiving a monthly salary and the rules about buying and selling products, bank cards are always the king here. Bitcoin gets better comments but people only talk well about it but openly transferring all their money to bitcoin is something they dare not do

    Unfortunately that is true. Having a bank account has become a necessity because of it being a mandatory thing linking all our online payments.
    For the time being we can't fully depend on bitcoin or any other cryptocurrency since crypto is not well established and widely adopted yet.
    But I believe things will change in future and once cryptocurrencies start to become widely adopted then we might not depend on bank accounts as we do today.
    Some people have already started getting their salary in crypto although the amount of such people is very low.

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