Bitcoin Forum

Firsty, them deciding what is suspicious and not suspicious

Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).

Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.

If a tracking number and proof of delivery can be proved, why should the customer be given their money back?

ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.

Do you have any gripes about banks

Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!

Ultimately it's the law makers who are breathing so heavily on banks to make them twitchy fuckers. They're the ones who are responsible.

But yes, were I to sell a vast amount of whatever and deposit it in the bank there's a good chance it would be frozen and I'd have to justify the source of the funds. Even that might not be enough.

I wonder how many people out there truly understand that once your money enters the banking system you've completely relinquished control of it. Not too many I expect.

A bank can close withdrawals at anytime, like what happened in Greece a while ago. People could withdraw a maximum of 30 EUR per day.

Indeed so the rules used by banks and we can not deny, of course, different from the system applied to bitcoin.
But whether system of freedom in bitcoin will change if bitcoin legality is recognized by government?

Coming to what I like about Banks..
The best thing I can mention is indeed 'loan and debts'. One can finance expensive things which is usually not in his reach with bank loans. Moreover, interest rates as charged by banks are more or less within consumers reach. Most of the time, banks are cheapest mean of raising funds.
Now coming to what I not at all like about Banks..
The worst thing I can mention is indeed 'loan and debts'. From point of view of customers, banks generally manipulate customers due to their ignorance as well as own their commodity through 'hire purchases'. Most of the times, customers are not real owner of commodity until they pay off debts. While from the view of banks, usually big house as well as minor borrowers turn NPA thus contributing to the loss of national wealth.

IN somehow, banks still help people to maintain their money and they can trust the bank 75% that they will never lose your money.

The funny thing about what you are saying is that I agree with you and I really really disagree with you at the same time.

I agree with you about everything stated above in that people will inevitably need to borrow money at some point in time, which can act as a double edged sword.  But I feel as if you are missing the point.  The "root of all evil" in terms of Banks controlling your money is not the Banks you go to locally and get a loan from; but the Banks who actually control your money, the centralized banks are the root cause for everything bad about Banks and "money" as the general population knows it.  Inflation is the shit that will keep us wage slaves for eternity... they will never want Bitcoin to be used because it is more sound and backed by a known limit/scarcity like gold.

I hate the fact they add fees on everything.

Where do you bank? Where I'm at in the UK banking is free and near instant transfers are free too. Elsewhere in the EU you can do intra EU transfers that are almost as fast that cost very little.

Well if you want me to compare with bitcoin , bank can't send money to everywhere but bitcoin able to send everywhere
Bank also charge monthly fee for keeping but bitcoin provide cheaper fee than fiat which is my advantage to open my online shop for more profit !

What I don't like in a bank is that bank can really access your account, they can detect your assets (cash) and that is what I hate most, I want to have some privacy with my account, even a simple employee at the bank can know how much you have in your account. And of course, worst thing is that bank really have low interest rates which cannot give a justice of staying your money with them. You are just like saving in your wallet.

First of all I don't like banks becaise I think they have caused every financial crisis on this earth. They always run only for profit and don't care about the concequences and what will hapenn next. They charge too much for their services and they are often dishonest to their clients. At least this is the situation in my country. And that is why the Bitcoin is alternative.

Banks create money out of nothing.  The money that they create is now not based on gold or another scarce asset - it's only based on non-existent money that was created before it.  The money's creation is very poorly regulated.

You should try watching the documentary Money Is Debt (revised). 

Furthermore, banks are seldom insured for more than a hundred thousand dollars or so in your local currency.  At any point they could prevent withdrawals to avoid a run on the bank.

i don't like banks becuase Banks will always take advantage of your finances in the field of capital and the pieces are very unpleasant.  ;)

Everyone has a gripe on bank specially credit cards that has a lot of hidden fees, ATM machines going offline when you needed them most and most specially debt you can incurred. Worst case is banks closing without your knowledge and then the cat and mouse begins on where and when to get your money back (FDIC). We are all victims once time or another by banks.

For me that is fine because the issue is not always in a certain establishment but rather the users. Banks has a lot or perks although i would prefer online wallets than actually in banks. Those 2 can have a good security but wallets addess has much better security protocols. WE just need to educate ourselves better so that we can actually use banks also a trustable account manager.

Before anything else, I am not a pro or con bank. I am at the middle.

Banks have their purposes and one of those is to help the economy and the people. With every deposit a percentage will be used for investment or whatever. That greatly helps some people in need as well as the economy as a whole. However, banks have poor security. They are fooled by identity theft, breakdown of main server freezes all transactions. When the bank becomes bankrupt, only a portion of your asset/money will be returned to you especially to those who have millions in their account.

We dont need banks that why we choose yo have bitcoins. If the OP idea is to have bitcoin bank all controlled by govt. , then there is no point of having a de-centralized system of bitcoins.

I personally do not like how banks have accounts that can't even beat inflation for most instances, and I don't like how they have overreaching and frankly very annoying policies put on them by governments which heavily regulate what they are allowed to let customers do.

I've always wondered if the "limit cash withdrawals to $x amount" and whatever caveats that go along with them is a means of preventing bank runs rather than anything.

Talking about bank well honestlly I don't like the bank because they always charge me for everything even for nothing like fee for using atm machine, fee for transfer to the same or another bank and the most crazy is you will always pay monthly fee even though you don't use their service for transaction, well i think it just my bank, right?On the other hand it's centralized they have ultimate controll over my money they can freeze it or maybe run away. You know what i prefer to save my money on my bedroom instead of saving them out there, maybe if i had lot of money i will consider it.

I once had a problem with the bank where my account was suspected of doing illegal transactions but I never did, but didn't last long and we solved the problem by mutual agreement. Bank is a centralized product, and you live with a centralized capitalist system, if you deplore transfer fees and monthly fees for system development and hire staff and employees at the bank, at least your account authority is guaranteed by the government to be safe guarded, you must understand correctly. This is much better than you save one billion in your home and then you are robbed or your house is on fire. Over time, in my opinion, bitcoin will also be included in the bank application system.

Im having positive and negative thoughts about this bitcoin banking thingy. What I like about banking is it is safe with the hands of the bank and such transactions will be more convenient because the bank will work for you but contratry to what i have said it sucks because sometimes you cannot trust some banks with your money especiallt with bitcoin you have worked on. And fees for transaction sucks. But what do we know, change is the only constant thing on earth. We never know what happens in the next day but let us look in the brighter side.

First I don't like bank because every of our transaction is being watched and maybe I am paranoid because I saw in TV how easy for the hacker to hacked our account and spend our money, whether it's from ATM or internet banking and there is so much document that I need to provide when I want to open an account

It is good having a Bitcoin bank or store your money in a bank because it what publicly known where you save your money securely and together with the laws and regulations that added up to the security. In contrary, banks itself can endanger your money especially when they see it as questionable as to where did you get it then you will take the hassle to present the proof and considering that some people are not aware, especially those older ones in the government, of Bitcoin they will again question this. A lot is asked while in Bitcoin there is not much which is very convenient.

I don't like traditional banks, they are always ready to reveal the secrets of the operation

I don't like they charge fees just to keep my account there active, I don't like they watch our account, our financial movements and depending how much you have, how much you are transacting they will start asking from where the money comes, they will want we pay more fees... Not by themselves, but together with country authorities.

For me it is okay for the charges fees because that is the equivalent fee for every transaction we made in the banks in order the bank to move to pay there staff and other bank transactions.

Banks control our funds and they hold or freeze the accounts sometimes without real or solid reasons. Also they apply high fees for the transactions. Using Bitcoin or altcoins is better to avoid similar problems.

The things we don't like about banks seem too many to mention. The charges when you have to deposit to a provincial branch, the online fund transfer, the withdrawal limits, the time it takes to clear a cheque, the verifications needed, the maintaining balance. I could go on and on, and the list can even get longer. These are financial institutions regulated by the government so they are imposing all these policies that try to limit how we use the money we entrusted to them.

Well I guess this works the same way as anyone that owns the web wallets and such, people are able to see all the information that you have to provide, it's not like you're one to provide a ton of information to these people as well but they're able to track all of your stuff as well, and certain web wallets even charge you extra fees if they're able to.

I don't have an issue with banks having control over my money as well, I think of it as something along the lines like this, it's a trade-off when people like them have control over seeing my stuff and charging my fees. Though they do offer a good insurance, well the government does which is known as the FDIC insurance. This is a trade-off which I think is in our favor.

Some of you people really do love anonymity, but I don't have a high amount of care for it. I don't like being overly tracked, but It comes with the times.

A-fucking-men. Wells Fargo is my bank. From inexplicable fees, to transactions that provision in the worst possible order (they love holding transactions to cause overdrafts). These guys live off the fees, it's their bread and butter, and it shows. Despite how high the fees are with BTC at the moment, at least they are clearly deliniated, rational, and honest. I'm paying a fee so some magical shit with numbers and blocks can combine with vitamins and enzymes into some kind of mixture that gets my transaction confirmed. I'm blissfully ignorant, I have no problem with that ;) 

But paying a fee because I didn't use my card enough times in a month? That's Some Bullshit.

Much as I use their service so I don't have to worry much about carry around cash, there really is some things that make me uneasy. For example, I don't use their investment services, I just have a savings account that I put money every now and then. As expected, the interest is negligible, the only benefit I'm getting out of it is that I don't have to keep the money at home.

Another is how low the "insured" amount is. Just $101k... Like, what will happen if I ever have more of that?

I've never had problems with them suspending my account, though there was one time when they held the remittance sent to me for a few days because it was "quite large than the usual".

Despite being a third world country, we've never had problems with banks limiting withdrawals though I suppose that would be horrible if you don't have enough cash with you.



My credit card is a bit more forgiving.... You don't have to pay the "membership fee" if you spend at least $3,700 annually.  ;D

The entire fiat banking system lives off of taking money away from the average person and creating debt. One of the huge reasons why I look away from large banks and instead try to find smaller banks that, while less secure (depending on your definition), have far fewer fees and don't gouge you like a majority of other large banks do.
Might as well take a lot of your money out of banks completely and invest it in something that can actually generate some value. Not worth keeping it in something that just sucks money out of you.

I know the feeling of being scared to report big gains because they think every single big transaction comes from drugs or scams. It's crazy. But that's how it works. Im also scared to cash out bitcoins because banks seem to hate bitcoins. Also I have lost data on trades I did on exchanges that are dead like cryptsy, so I have no idea how im supposed to report those bitcoins since I lost the data as the exchange was taken down.

I dont want to worry about this now since im not selling anytime soon.

No problem in banks watching all I hold and spend but sometimes you need the feel of privacy in life and you want the government to not know your personal earnings and more than all these one thing that itches me is the tax system in our country.

We are asked to pay upto 80% tax which to be at least sounds insane ! I mean I am doing the hard work and the government takes the biggest piece of it ? Huh !

I was born in the USSR and that time the yearly percent by credit was 1%. There is nothing to compare with today's percents. That's the thing I don't like the most. If I take a credit today I will have to pay like 20% yearly and if I put my money in the bank for safeness I will not even cover the inflation in my country! That's crazy.

So i understand that you did have a bad experience with the banking system and if you really need money in fiat currency you still need their help and if you are suggesting anything i could understand,but what is the whole point of this thread,just to hear everyone's grievance.  :P For me i really do not like the charges they are deducting from my account and other than that i have to comply with everything because i am forced to have my bank account for a smooth business.

Monopolies prevent innovation, progress and growth of civilization & society.

In countries like venezuela where the state has a monopoly & control over everything we can see how monopolism has a destructive effect on happiness, life and standard of living.

Banks having a monopoly over the exchange of currency is a bad idea for the same reasons governments monopolizing power and influence within a centralized format has typically been a bad precedent for civilization & society as a whole.

Decentralizing banks and allowing competition & free markets to improve services and currency exchange in ways that benefit everyone is a better alternative to banks monopolizing power in that industry.

When you put your money in the bank, the bank has the power to control your money, if he thinks you are doing suspicious things then your account can be frozen, so I dont have total control of my money when I put my money in the bank and every of my transaction is recorded, I dont feel too comfortable with my transaction movement keep being watched

Apart from all those points you mentioned another issue is even to withdraw your own money in some countries (India) started to add some fee for each withdrawal from ATM. Since we can't control these banks so they can change their policies any time according to their benefits.  These banks do a lot of business with our money and still, they want to charge for each withdrawal makes something is not correct the system.

Well some of the banks is not that trusted you know not all of em but there's sometimes you will invest or save your money in the banks and they just claim it and sometimes they just deduct some fee's on your balance better to bitcoin your money can gain profits then your money is in decentralized so that no one can know about you and your money.

My brother, who don't know btc or wallets are any connection to it and they dont know im in it, i think did find some struggles in banking sometimes. Either Banks or there bank internet website. So sometimes maybe we should try another company to handle your website. This is really unacceptable. He was encountering with a red face numerous times in front of service providers trying to do an eft on their systems and with some or other website problem and thus without success and he told the family that he tried to contact them and they sent him to the branch for problems they caused and then he would have to sit for 3 to 5 hours waiting in the branch to be served. Not one time, not two times ... a lot.

Here every people has own opinion about the bank system .Here I myself don't like system of the bank .
Since we have the surity that the bank in which we have deposited our money are safe , even if any person
Will steal the money of the bank then the government will give componsation for that loss .
So in this case  we have full security with our money .
But the system of charge is very bad at every stage they begging for the money .
ATM charge , SMS charge , service charge , account mantainance charge and also there should be a limited amount
Minimum balance otherwide your account will be closed so such types of things are making us more irrigating so
Here we would like Bitcoin money where we have no limit and only need to pay for the charge of transaction only .

Yeah right, if we put all our money into the bank it means we must be willing if all our money is managed by the bank. We can not have full control over the money we have. There are also many administrative costs are quite expensive in my opinion, I do not like this because the money saved will continue to decrease.

Yes correct.  It seems like our money is secured to them having advertisements that it is good to put our money in the bank and have these priviliges and that our money is safe but the truth is, they are the one who robbed us.  They loan our money on big interest but give us a little interest with tax.  It still nice to do some investing and have a mutual fund than putting money in the bank.

Banks are acting like a dictator for our wealth. We work hard and we save money. But banks take any advantage they prefer over to my savings. This is the problems I do face with my banking system as per my country. The only better thing I can say about banking system is their loan facility and interest paying plans. But there are possible with bitcoins and interests are not bothered when we could make enough income for living.

I am sure bitcoin will end the dominance of our traditional banks and might lead us toward a revolutionary self-banking through decentralized concepts.

The same situation was in Ukraine few years ago. When some problems starts in countries economy, first of all government forbid to withdraw deposits from banks. Horrible situation. It`s my money, i count on them, who has the right to tell me what to do with my deposit? That`s why decentralized currencies is better and safer.

Limitation status is disgusting. Banking can limit your CC or account so you can't withdraw your money. Let's talk a bank like. That is paypal. I had experience being limit. My account was limited so I can' do anything with my money. I can't shop, withdraw to cash. I had to clarify so that my account to stop the limit. And it is not entertaining work. It took me a lot of time.

That's right, the big interest that the bank offers is strangling people / customers who want to borrow money. For example if someone borrowed $ 100,000 it could be $ 109,000 or even doubled and this happened to some of my friends. I agree with you better to invest from the beginning rather than having to save money in the bank, the investment will grow the money well. But anyway this kind of banking system has existed for a long time and is inherent with society, although it is harmful but people keep doing because this maybe their need. I hope in the future this system will be replaced with a better one.

Well right now lots of exchanges are acting a bit like that...

Obviously I hate banks otherwise I wouldn't be in BTC
But the problem is that exchange platforms are applying the same rules to their customers!
Everyone is applying KYC policies... That's destroying the concept of crypto...

may be some exchanges have the same strategy bout, most of the exchanges are free from such thoughts. i think they are not applying such policy for example i am using yobit, who do not have any of such such policy. i personally feeling free while using youbit exchange for different activities. i can deposit and withdraw, i can also buy different crypto currencies so easily.

They can charge you to give you your own money. They can refuse to give you your own money. In a bank run they can be unable to give you your own money.  If you want to borrow, the rate is very high, whereas if you want to save you get nothing.

Those are the gripes I could think up off the top of my head, there are definitely more. Oh yeah, foreign currency exchange rates. In Germany, the clearing times for transfers can be 2 days too.  Lots of things not to like.

The whole process of banking was useful for a time. When it was based on gold it was the best thing we had going. Gold is used in a lot of electronic parts and many people desired gold.

Now that isn't the case and we have banks basing their loans off of holding 10% total USD. So you deposit 1,000 in and they loan out 10,000. It creates more and more supply of money which in the end devalues our currency. It is all a scam. If everyone wanted to withdraw their money right now banks would fail.

If we choose deposits because there is a provision of the time taken when in the middle of our journey saving sometimes we need a sudden need but the money we save in the bank can not be taken.
Especially from the interest that we get from the bank is almost the same as the interest pieces each month.

I really don't like banks because they will use your savings to other forms of business.
Such as loaning or lend it to others with interest, but you cannot get any share  for it. Which means, you cannot control your own savings and worst before you withdraw your own money it needs lots of documentation
before you get it. :(

I'm that person who does not care much about privacy. If the bank knows what I'm buying, what bills I pay, so what? What are they gonna do? Laugh at me? I don't care if they sell that information either.

The only thing I'm concerned about is if the bank goes bankrupt, then I'm screwed. Just as screwed if I put all my money into bitcoin, and the Bitcoin crashes.

The bank didn t give me a privacy to control my money. The financial regulation make a partnership with the bank to monitoring the bank account of customers. So they are able to see all of transaction histroy. Just like intervention

There is always some risk with banks and with fiat currencies in general. Also, most government currencies are inflationary and interest on a bank account may not keep up with inflation.

Well banks are too centralized that they limit access to my own money through long lists of policies which are intended to shield them up in order to invest my money for profit while I wait for a particular time before I can withdraw.

Indeed though that would be a possibility once governments adopt and take control of btc. It's good enough already as it is today. We really have no choice with banks as they can pretty much control how the market moves. If you don't trust banks, keep a safe in your house or put everything in online wallets or investments

Yeah the centralized functioning with lots of procedures need to be followed for a simple withdrawal or a transaction. Another thing what every user should accept I that without banks we could have never got such a systematic financial structure. Also now too without banks the usage of bitcoin could be low, so banks are essential but the unwanted service charges make me dislike banks.

Indeed banks are stealth in nature and they so easily add all manners of fees and many of them remain hidden until you make time to scrutinize your bank statement. They are only ready to favor established businesses, startups are usually shown piles of papers and conditions that spells tall order.

The fact is that people themselves have practically created a myth of evil around banks. The fact is that the people themselves are to blame, where they go to the bank. Of course, the banking system, together with the states, makes such circumstances when people are forced to follow you at the bank. But nevertheless, a person has a choice How to use banking services.

I totally hate having bank accounts when bitcoin was introduced to me and when I learned how to manage bitcoin in life.
I hate that bank is really controlling our money inspite of the fact that it is centralized, it is govern by government and can control the money that you can only have, which in bitcoin is not, because in bitcoin you can truly put good and high amount or value of bitcoin as long as you can.

I know you'll not see my post, so your loss. in Greece was because of the ongoing financial crisis, in my country banks are good and reliable but it's the international banking system which really sucks, they will do whatever US treasury tell them to do.
In my country you get to send money instantly for 10 cents and zero fees when you are spending and shopping.
It must really suck to be you with your shity banking system.

In my country, banking industry is good too. And now that confirmation times takes too long while Im doing bitcoin transactions, I now always used online bank transfers in case of urgent money. The process will only take less than a minute and withdrawing is really easy as there huge amount of numbers of ATM that is spreadout to the city. The fees are so cheap way better than 3$ miners fees to bitcoin. No way I will hate banks while at the same enjoying the advantage of having a bitcoin.

Why should I hate them if they both giving me a comfortable service that I want?

Banks are not prefect as they are man-made and owned/managed by people just like all of us...maybe one day when banks are managed by robots which are programmable maybe by then banks can be less perfect.

However, I don't believe that in the birth of Bitcoin we can get away with banks already. They will always have a big role role to play for the economy and even in encashing our Bitcoin to the local fiat money as it is still impossible right now to buy all we want especially basic necessities using Bitcoin (especially in third-world countries).

The most important thing then is that we are moving a little away from the influence and control of the banking system which in turn may push them to work hard and avoid doing shenanigans if they want to maintain their business...but this scenario is still far into the future.

What I don't like about banks is when you want to withdraw your money and you need to fall in line first.  What if it is emergency and you badly needed the money? You have to wait until your number be called.  Sometimes you have to take more than an hour before you can withdraw your money.  It is really hassle and wasting of time. 

The main thing is that fiat money is controlled by government and this is not so good for citizens.

Here's the problem that I have with fiat currency banks: they operate on a private ledger.

In a nutshell, and in layman's terms, when banks first started, they operated by accepting your deposit, putting your funds in a vault or a safe, and then recorded the amount of money that you deposited on a ledger book. This means that your money is no longer in your possession; it is in the bank's possession, with a ledger to state how much of the overall amount you actually own.

This system, over time, has become so diluted, and those ledgers have remained private. Only bank employees can see the ledger, unlike cryptocurrency. Additionally, loans and credit lines are doled out based on the amount of physical and liquid assets that the bank is holding, essentially, creating a debt in order to put YOU in debt by giving you a loan. And this is all based on a ledger system that provides absolutely zero transparency.

And behind closed doors? How do banks make so much money? If they are just simply supposed to be storage for your money, how can they afford to pay so many employees on a global scale, week in and week out? Banks aren't designed to keep your money secure. They are designed to make money off of you. By offering you low interest loans and new credit cards with a low APR. And every time you open a savings account? They can now leverage your money to use to produce MORE money by offering loans based on those secured, no, YOUR secured assets that you trusted the banks with.

Banks will collapse over time... It's a matter of just that... time.

In a nutshell, and as simply as I can state, banks are nothing but huge ponzis. They need new customers in order to keep your money safe. The moment they stop receiving new customers (for loans, credit cards, new accounts, deposits, etc), the bank is fucked. They no longer have the physical storage of assets to pay everyone on their ledger.

Fuck banks.

For me it is okay for the charges fees because that is the equivalent fee for every transaction we made in the banks in order the bank to move to pay there staff and other bank transactions.

What I don't like in bank to be specific here in our town is when my mom will get the money that we have saved for a long time, instead of gaining we lost money for about 5k and upon issuing the check, they transfer it into other bank that the transaction fee is lessen on our own money so instead of getting 100k we only got 88k. I was so upset of what they did. So in total we lost 12k in our money.

Banks are essentially controlling your future. They get your deposit and they can do whatever they want with it. if you trade bitcoin with your bank account then i have seen countless occasions where people's accounts are suspended for trading bitcoins in my country, and i would suspect in others too. As you said, they have full discretion as to whether your activity is dodgy or not dodgy.

Central bankers are manipulating the monetary supply, interest rates every day. And you're trusting them to make the right decisions, but most of the times they just f*** up. Think how absurd it woudls be for someone to be able to have a secret way to generate infinite bitcoins? That's what central bankers have in their power.

That's the major issue with all centralised entities, they have the final say on your assets that you entrusted them with. For example, paypal usually sides with the buyer even though the proof may be stacked up against them because they want to keep up with their policy of "buyer's protection". Good point but definitely not limited to banks only.


I have never had this happen although i think they don't have the right to withhold your money. As long as you pay your taxes, you shoudl be set to go.


Agreed again, however this is more closely related to paypal than it is to banks. Usually banks don't reverse transactions unless it is made with a credit card or a court order is filed. But bitcoin is here to solve every issue you mentioned.

It's not like that we don't like banks, some banks have terms and conditions when they are going bankrupt and government offers insurance to what's lost. But some thoughts are popping out our head because banks in the first place can't be trusted because government itself is being poisoned by curruption. Of course they are controlling our money because they can change the rate of dollars to Canadian money or vice versa to other Fiats. The thing here is we have no choice but to have a bank account especially when we are in the professional field because it is being used in all sorts of transactions. We gave block chain technology a try because we are given a path to a much better ways of payment unless block chain no the one who will run the block chain won't be poisoned by curruption.

Yap but with  my  current money i an ensured that i can trust banks with even just low money. It would be a problem for me if i would withdraw money but i guess being just informed about banks is a right way to trust them. Honestly the onlyy bad on banks is if they would use your money to loan others or they got robbed. And probably that only happens and its hard to pull that of in the real world. I wouldnt say that there is a scam bank but there is a scam finance firm that i am aware of. And they are just the worst.

I do have different perceptions when i do make use of banks.First on the positive side, its a decentralized storage for our money which we can somehow assure ourselves when it comes to security,knowing banks have tight security but on the negative side i do really hate the limitations or policies sometimes because it will really limit you on the things you do supposed to do in your funds.Once you violate on their slightest terms then expect for some penalties.

Banks have had it's advantage but the major issue I have with them is the control they have on your money after they had cajole you to open an account with them, they then give a list of restrictions on your same money you earned by telling you the maximum you can withdraw, the ban on your account in case you have not submitted some form of ID, they charge your with or without your authorisation and equally with government backing meaning there is nothing one can do about it.

because i can't move my money where i want without stupid limit or money laundering and stuff like that, because removing money abroad cost much more than bitcoin

and because with some bank you are paying too much in fee for deposit withdrawal and monthly fee, now with deutesche bank, but still bitcoin allow me to do shopping with better privacy

Because I can't take more profit with deposit to banks and saving, about security, I not think it safe than Bitcoin. Yearly, in my country, some Bank will have issue when we want withdraw huge money, sometimes they mistook the amount of money we sent and denied liability. If can't choose Bitcoin for replace Banks saving, I will choose Gold because it better than all

What i hate most about Banks are their annoying charges, they will charge you for even notifications that they send you, Banks are just greedy and they seems like they are always right especially when they mistakenly charge you for a service you are not even enjoying.

You have no privacy when you use a bank. Anyone in the bank that has clearance can see your every move, from the ATM you withdraw money from to the store you just bought lunch at. I would much rather be my own bank and Bitcoin does exactly that.

Banks are getting bigger by the day, and seemingly too big to fail, but this is not true. When they fail, they are a drain on our public finances - your taxes. funds that should be used in building roads, housing, affordable healthcare etc is used to bail these these parasitic corporations when they fail.

Bank offers you really great deals, but with high fees and taxes. Also they dont control all money that they issue or credit to you.

Nice answer, because you accept the terms and conditions that banks required, when something goes wrong then you wont have a choice, something that does not really in your possession cant be called a real asset at all because everyone has the right to that asset even if you are the real owner, and just like John Wick did on his treasure in the movie, I guess its better to invest all your money to gold and then bury it underground. And were are being played by the banks like for example in this meme :

https://i.imgur.com/TmQ3wOM.png

Most banks operate on the restrictions imposed by the government laws which are not always citizen friendly, as today the governments act as corporate only to increase their tax, albeit for the betterment of the country but also to dominate the economy of other countries.

When my hard-work's reward are being controlled by someone else, how I can prefer that kind of system. I want to purely own my wealth which will not be possible with centralized system and with our traditional banking system.

What if they crash? Beam all money gone! At bitcoin, it could crash, but it probably won't... And at bitcoin, if it won't crash, it will atleast grow its value, whilst banks won't put 50% interest on your money... That would be awesome though :o

Regards,
Trump

I love banks. I like their services. Banks have services that people can take advantage which is not present on bitcoin. I get my first car because of bank loan which only tooks 5% interest for 5 years. Housing loans too with low interest within 10 years. Instant mobile banking as I can transfer money even on holidays anytime. My bank also lots of stationed ATM's even at province.  I don't use bank to make money grow. I used banking services because it giving me a comfortable life. And now with additional bitcoin in my life, just imagine the advantages Im receiving.

So for those bank haters and just relying on bitcoin, then it's up to you. It's still more convenient to take advantage of the both than become butthearts to others. Feel sorry that your banks there in your place is a a shit. Care for privacy? Then don't use bitcoin exchanges. As soon bitcoin will become more legally adopted, expect that privacy is big deal now as exchanges will require more verification.

Becausse the banks always try to monitoring the user's activity. But bitcoin can't do that.The scaling problem has prevented bitcoin to be the micropayment transaction.

Ever since I never used any banks in terms of saving money to them. Except when I was employee I am using ATM card to get my salary.
The only things which I don't like is in terms of withdrawal authorization, they need a full documentations before they release your money, and they used your money to lend it to others then they will put an interest on it.

I don't like banks not just because they control my money, but because someone can now how much money you have, not unlike in bitcoin, no one can really know the exact money that you got unless you say it and reveal all of your bitcoin addresses to others. Also, I don't like the hidden charges sometimes of banks and the interest rate when it comes to savings account is too low, that's why I like bitcoin more than banks.

The main reason we keep our money in bank is because we find it safer than home and most of us can't keep thousands of dollars at home and i some what trust my bank so no problem there. The only thing i don't like is they put limit on how much money i can withdraw which is totally mine and not the banks and also the withdrawal fees everytime i withdraw

Yes this is a major disadvantage that the original owner of the money have is the they have no control over their own money and they have to follow the rules of the bank regarding the cash transfer and withdrawals this is also one of the major reason the people liking the bitcoin because they are fed up of this attitude of the banks where you will be facing problems dealing your own money.

All banks, without exception, created to Rob the man. I have this attitude to him and I shall never change. I do not take credit, card I use only when I need something to pay for it. I put the money e-wallet and immediately spend conversion value. On my map there's never more than 10 dollars in the balance.

hmm...
I mean I don't like banks that's for sure.
But... Wut?
If your bank charges you anything for using ATM... Change banks xD

My bank charges me 15€ a year and that's all. Credit Card, withdrawals, SEPA payments...
I mean banks are banks but you don't have to be an idiot.

"Give a man a gun, then he can rob a bank. Give a man a bank, then he can rob everyone."

The thing that I hate the most about banks is that they can do whatever they want with your money. And there's no censorship going on at all. They know every little information about the transactions that you're having. You withdraw a lot of money, they get suspicious. Someone deposits a lot of money, they get suspicious. Well, might as well not use them at all and just buy your very own vault. The banks don't have anything else to offer but as a way to keep your money safe and a place to get loans.

Another thing that I dislike about the banks (in my country, at least) is the fact that you have to fall in a long line just to get your money and even a longer line for deposit. SMH, everything can be done automatically but one ATM isn't enough for one bank.

If anyone don't like bank monitoring your funds and control your money or even robbing your savings, simply don't put your money in bank. Bit it's kinda hard right? Due to bank services, to send and receive money inside and outside the country, even to convert bitcoin into cash need a bank account. We can't avoid to use bank services these days.

I meat a guy in banking hall today angry with his account officer because he was ask to open an account without being told if has a BVN number after he has make a deposit. Since this incident today I look at banker as being greedy, and selfish. They only thing on how to get from you and when you want to get back what you have deposited, you become a strange to your own assets.

Honestly speaking the buying of gold and then burying it at certain place is not something that you can do in practical life. We earn for the reason that we spend it in the time when we need and sometime we are in need of more than one transaction on a daily basis and for this I am sure we cannot all the time practice this drama.

The bitcoin is a very good alternative of to get rid of all this banking stuff therefore I have stored my money in the Bitcoin wallet.

Yes this is the problem that in a bank account you lose your privacy and with a cash withdrawal from the ATM the receipt have the details of the balance of your Bank account which can be accessed by someone if you don’t destroy it properly.

Also the employees of the bank can see your data of your account and this is not something reliable. The bitcoin no doubt is doing a great job for me that none other than me knows how much do I have.

Yes, I think the same with the bank both the advantages and disadvantages, we can see that we have put the money into a bank full of control over our money has been taken over, all that is arranged by the bank and diawasih continuously, And Many things mengiurkan offered But some of it is just a trick, the lure of the benefits of even more luck, and the expenses incurred for unsatisfactory transactions, the confidentiality of its users I think is still vulnerable.

Same with before we can access our own bank account theres lot of form to fill up to,any transaction takes lot of minutes before it will take too,theres alot of verification ,which is sometimes good for security purposes and most of the time not since if your in hurry or you need the transaction asap, unlike in btc wallet we can access it instantly through private key and can monitor it on ourselves.

Wow your country is awesome!
Well as for my country, everything is like gold.
Fees on every transaction like if you gonna transfer some money to other account, they will charge you instantly.
High interest in loans. It sucks really. And lately something happened in some banks, there's an unauthorized withdrawals,
they say its a bug some other says someone get hacked the system. That's why I don't like banks but we have no other choice.  >:(

Generally looking system is bad as many people said in post. Lot of fee, bad security and privacy and so on. But I can't imagine world without banks, atleast now in this time. Money is in their hands and so payments, investing is coming from banks. As I said their created the system to be like that, but what can we do for now about that ? I think nothing.

The banks does have too much information about our income, and each person does know your finances,besides the rules and fees they charge because your salarie is paid at them, bitcoin is my new bank, and i wont return to banks unless i need a big loan.

I do not recommend you to borrow. It may gonna end badly for you. Unfortunately we can not completely abandon the use of credit cards even if we don't use credit. No bitcoin will not help you if Fitna salary comes to a credit card. We are all doomed to use banking services, but you can keep it to a minimum.

This isn’t really the bank’s fault but instead it is the people controlling the banks. What is annoying though is when the banks think something is suspicious and what is not. I think one day, there was a marriage and baby shower that my best friend held. I had to withdraw an amount for my friend but after I withdrew it but the banks thought it was suspicious. This caused heaps of issues that are too private to mention here.
 
I also hate how the banks have so much power which means they can close withdraws anytime which causes a lot of fuss. But banks are still incredibly useful to us. They give us a safe place to store our money and help stabilize the economy, they also give our loans and make mortgages viable for usually everyone. And most of the time you would rather trust a bank for a loan than someone else.

For me it has to do with the delays and the limit they put on the amount you can withdraw on your savings account. Sometimes you have to queue for several minutes before it gets to your turn and it's annoying if you find yourself amongst customers with babies. It is also disgusting to want to withdraw all your money but end up st the counter and you're being told what you can withdraw-clear case of financial slavery.

I think banking system has both advantages and disadvantages just like we can save our money in banks and at the time of use we can widraw but on the other side in banks we lost all our control on our money. Terms and conditions are applied then we then cannot use our money freely and banking system has a lot of fee over transactions too.

What I don't like about Banks are their hugh paper work for processing as well as so many formalities for depositing, withdrawing or transferring money. But in the case of bitcoins, its just opposite. No paper works, no formalities nothing. So easy to transfer money to any parts of the world within seconds.And another main advantage of using bitcoins for transferring money is no one is there to question you about the source of income amd so no tax .

My biggest problem with banks is the fact they can freeze your account for whatever reason, they only need to make a few click and suddenly all your funds that you have worked so hard for your entire life can be seized, this is what I love about bitcoin they cannot do that.

I don't like how sometimes they give you a hard time in making transactions and how there is a fee in almost everything. I know that they have a lot of security measures but sometimes it's such a hassle to make a transaction. Also, the limit on the withdrawable amount for ATMs is a hassle even though its meant to hinder ATM robbers.

I think bank has advantage and disadvantage the both .at one side bank saves our money and we can handle it online but on the other side banking system bounds you using your own money. banking system make tricks to earn money from you, they do business with your money and use your money

I agree with you Iam still in school but my mom and dad has bank account. As a student who still studying and the same time working, I myself have bank account.

Yes some banks do controll. Some bank do controll your money even bank is just a safe a place you can save your money. Some do offer you to invest and buy an houses and a cars under your specific chosen bank. A person is a just a tool for different banks they have hidden agendas that they would tell in the middle of your banking experience ("Some bank") I experienced this kind of thing way back lets when I was in high school when my parents help me to start my savings account but now my savings is under my supervision I heard the conflict of my parents when I was in the car with them. So I would suggest go and look for a great and better bank go and ask your friends, your uncle your aunt.

The worst that the banks do is making use of my savings and charging unwanted charges. This irritates me quite often when I certain amount was deducted from my account with certain description of charges. I believe without banks money management is difficult, but they need to provide the best service.

Where do you people do your banking?  There are people with babies in there?  Waiting for YOUR money?  That is a little strange and you should be attacking the bank for these things.  When you have a vast amount of cash in an account, that is the very essence of demand and control.  Rather than let them slow you down over the amounts, demand that you are treated better than the riff raff with their $1000 cash withdrawals and deposits. 

We were at a bar the other day and the owner moved some people for us to have a closer look at the stage, the people made comment that we were "elitist", we responded with the single and undeniable fact that we were not "elitist", we were the "elite".  Bitcoin has made some new elite people out there and you need to learn from those that were there before you, demand the best, demand to be put above other people and demand it all now.  

Getting your money into a bank is easy, getting your money out of the bank is really difficult that is why I got into bitcoin in the first place, I hate banks, you lend them your money and they act as if they are the ones doing a favor to them.

There are lots of paper to fill up and a long lane to stand too since the teller or banker is only few even the lane get too long,its just hard to monitor it and to make transactions unlike in btc that in few clicks, anywhere in the world as long as we have internet we can do transactions , but unfortunately still needs banks since btc wallet is still not that broad to access ,Needs more patience in bank since we still need them as of the moment.

whether you agree or disagree that this is positive - banks also serve a "bigger" purpose



http://positivemoney.org/how-money-works/how-banks-create-money/

It is true, some time banking employees are doing work with negligent. Because they have no interest on customer's money, they are just doing their job. But if we are doing our work with carefully then sure no banks and bankers could disturb us. It is also our responsibilities that always careful about our money. That's why i convert my money into bitcoins, it is more save than banks.  

In one form what you say is correct. Think in a manner that banks are centralized, so they were assigned certain duties to be completed before stipulated time. This at times cause mistake and make the customer suffer. Importantly saving in terms of bitcoin is safer, but if it's lost then it's lost forever, but with banks we can claim indicating all that happened between time period.

Yes indeed, fractional reserve is how banks make profit and how boom and bust cycles are fueled. Is it a big purpose? Yeah. But it's definitely negative. This plus the government insuring deposits mean that banks can essentially do whatever they want, lend to subprime mortgagees etc. like what happened in 2008, because they know they can do fractional reserve and governments will bail them out if anything bad happens.

So essentially, you have the government controlling laws and regulations, as well as the monetary supply itself. But you've also got bankers that control monetary supply. So the whole idea of central banking is quite delusional and f***'d up, i'm surprised why anyone still believes that this is how the future should be. It's obvious that bitcoin is a better alternative, people are just reluctant to use it.

I definitely don't like banks controlling my money because banks uses our money for more profit. Just for example you deposit a bulk amount of money just for savings, yearly inflation rate will increase while your money there gaining only an interest lower than the inflation rate.Who's the loser now?

Precisely. If you are depositing money into banks, it might seem like a good deal at first. You're like wow, you're getting 2-3% a year by doing nothing, and if i get enough money deposited into that account then you're able to basically live off interest alone, right? But no, prices of goods around you are going up faster than you're getting in interest, therefore depositing moeny into banks is essentially pointless in a business point of view.

The main reason why all this is such a big issue though is fractional reserve - banks make "bank" off getting deposits, generating more cashflow than you deposited because of this fractional reserve scheme, and essentially lending $3 when they only received a $1 deposit.

And also, centralized means of money remittance means that you're accepting any frozen accounts that occur, especially when using bitcoin on a daily basis. It's not rare that bitcoin trader's bank accounts get suspended. With bitcoin, you get rid of the fractional reserve, you get rid of the banks taking all the profits, and best of all - you don't need to deal with frozen accounts anymore, nor do you need to deal with stolen credit cards as a business owner.

I agree, the value of goods every year increases and when receive money from saving banks, we just loss or take a small profit. And in present, saving bank not better than investing to buy cryptocurrency, more people on the world's can realize that. If not want buy crypto, I will buy Gold for replace saving bank

I think bitcoin in a way it is going to help us with that as well as banks begin to realize they are losing costumers due to their policies, I think in the future they are going to try compete for our business, they are already doing that by giving you something when you open an account with them but I think things are going to become even more extreme when bitcoin becomes mainstream.

One way to get out in inflation is to invest, it's not wise to save all our money in the bank because only banks will be benefited more on that as they have the right to use our money in their business which would bring them profit. Think outside the box and see the real situation of the world now, if we do not take a chance to invest we will not gonna get our ultimate goal to have a financial freedom.

When I'd learn bitcoin and see this past few months how it is possible to get more savings in btc,I withdraw and transfer my saving in bank account to my wallet for I we all know that btc will pump again and good since we're the one who can monitor and controls it anytime.

Correct, it is insane, central banks print money, but most of the money is printed by private banks, how can we leave one of the most important things in the entire economy to a bunch of guys that only care about benefiting themselves, bitcoin solves that issue and lot more and leaves banking as an old relic that is not necessary.

I do not like banks because of the monthly fees charged to bank customers. As well as complicated administrative costs .. once I created a local bank account. Where I have to fill the administrative form that sangay many and complicated. In the room I had to wait for the queue to be able to submit my form. I do not like to wait .. after that there are some administrative costs that I have to pay off. There is also a monthly fee. Taken from savings funds. That's what irritates me. For transfers also have to pay a fee .. I better save in bitcoin more simple and more profitable

Thank you for reminding me. I am too facing all the problems you have mentioned with banking system. But I am continuing them because I got practice to those problems of banking system. I believe we need some more time to completely quit our traditional banks so that we can depend on only bitcoin payment system. I'm eagerly waiting for such type of days so that we can lead a life a complete problem free from our banks.

they are speculating and misusing our dirty fiat, thats why i like btc

In a s much as I have some couple of issues with the bank, I can't decide not use their services any longer.
In my country, bank charges you for everything from monthly charges to SMS alert charges, ATM card maintenance charges, withdrawal fees for using other banks ATM and other minor charges.
It all sucks, but then, I can't withdraw my money and bury it in the soil, so I gotta keep on using bank :D

They will not leave a chance to charge you back with suspicious transaction. Tell me first thing, is there any rules or regulations about bitcoin? no! Then you are using the bitcoin the way you want it, or you are earning it the way you want it. So, if you can do that with no restrictions then why banks would not come up with strictness in their policy when you withdraw big anonymous amount into it. This sounds okay to me but nkt good for us. The on,y thing bitcoin makes me positive is it will be soon available over thousands of shops for goods and services leaving us opportunity to spend with few decentralised proof regulations.

Maybe bank is different from bitcoin, if bitcoin is controlled by the owner of our wallet and doesnt complicate the transaction, of course this is different from bank that always controlling money from people and sometimes feel uncomfortable doing transaction.dan always be and subject to government rules

It is convienient to have a bank account. At the one hand it is not really your money since you don't have control over it. At the other hand the bank is providing security up to a certain level of protection for the customers. Problem is noone is protecting you from the bank. I don't think that government control is sufficient both sectors are too close.

Yeah very big devils and money suckers. They will levi a charge on you with every transaction that you make with credit card or other cards. Plus they will gain you big money to lend to other investors and will pay you penny interest for that money to put into bank. But this interest rate is smaller than all the charges that bank takes from you which means it is useless to put your money into banks. They are annoying.

I see that people are feeling bad about the bank using their money. But basicly its abusing people money, using it as a collateral on 10:1 or more levarege basis to borrow more money. If the money would be used wisely, noone would have any hard feelings about it. Right now the money that are in a bank should not be treated as collateral because it does not belong to the bank and can easily lose its collateral status.

That is all a basicly a fiction that is based on statistic and mathematic basedl ficticious economical models. I do not have to say what my feelings are about that.

Which I do not like from banks is. Our account is really transparent. even regular employees who worked at the bank could only see the accounts that we have. Even people who do not understand will get the impact of bad risks. Other than that too big that must be borne by the customers to conduct any transaction. So I think its security is not very secure. If you want me to compare with bitcoin. Certainly very far away. Bitcoin has advantages that can indeed be profitable. In addition to the price that is not too high. Bitcoin also has a very good pitur. One of the pieces owned by bitcoin is a security stick. So when compared with banks today bitcoin is more profitable than the bank

in my country, banks are not good and banks always steal people money and there are many ridiculous rules inside which make people crazy. Moreover, banks are supported by the government and therefore, there is no way to get back your money once you lose your money in banks.

Correct leaving your money in a bank is one of the worst things we can do, not only you will get almost nothing, if you get anything, but also you are feeding the system that is enslaving you through debt, it is better to forget about banks as much as you can in your daily life.

i don't want the bank to control my money like what my experience when i need to widraw my money it is very hassle for me to widraw on their location especially when the atm machine is offline you need to find more machine that is online to widraw your money, and when emergency you cannot get all your money there is a limit of widrawing of it.

This may sound funny but here in my country, there is always this kind of phenomenon that when it's pay day all of the ATMs of a certain bank is currently under maintenance that you are forced to cash out on some ATMs with a transaction fee, I this is their way to earn money from members, i really do hate it and this is really suspicious for me that they need to fix all of their ATM when it's payday, it's kinda small for some here, but this is a big issue for me.

This is not only true for your country, this is true for any country of the world, once a bank decides to steal your money there is nothing to do for the average person since you cannot beat them, since they have the best and the most expensive lawyers in the country.

It is right that bank is secure for keeping your money safely, but it is just a security not a business. If you glad to get interest on your money form bank so it is so least than the outcome of your business whether you invested somewhere in business like investment in bitcoin or in something else. So the conclusion is to circulate the money and earn more money through money.

But other than gaining interests from bank, I am not finding any big advantages of using bank accounts to have our wealth with them. In this modern era, we are all thinking about having secured and fully privacy assure way of financial system so that we can safeguard ourselves from robber, for example. By considering these and all, I guess leaving off traditional banking system must be the right option for any person who are valuing their freedom the most than anything else.

You talk about safeguarding from robbers but that is exactly what banks offer. Even if due to your own negligence someone fraudulently gets money from your account the bank will refund you. There is no digital currency that protects your money better than that.

The main advantage is obviously privacy though, banks do not really offer any form of privacy.

Credit card fraud is an extremely (to stress), small proportion of total credit card transactions. The card issuing entities all offer zero fraud liability, even on debit cards. There are millions of transactions every day and fraud loss just isn't worth developing, and supporting, an additional authentication layer that faces the consumer.

What I hate about Banks is that it requires a lot of paper! Just to put your money there and withdraw it out soon . I just find it hassle and time consuming especially when you needed it the most and other banks get bankrupt so not everything is safe to deal with

I look at banks from its advantages and disadvantages. Banks hold your money and some how people feel secured about that. Meanwhile, what the issue with banks are is that they pay little interest to your huge savings of which that savings would have brought better interest if invested by oneself. Also, most times you get unnecessary and unreasonable alert for deduction which have no meanings. The banks hoodwink and this is because it is a business venture.

I agree that banks make money by lending their clients' money to bigger companies, partnerships, individuals, and the like. However, banks too entice its depositors to save their money in banks on the premise that their money is safe and is accumulating interests with continued deposit. Come on, bank is a business. It needs to have profit in order to sustain its cause. It cannot sustain without the usual creditor-debtor relationship between its clients. I see no reason why people discredit banks in that sense.

 

I agree in every sense of your statements with regard the 'suspicious withdrawals' considering it is our own money. But I think what they are doing is just to safe keep and protect its depositors from unusual deposits and/or withdrawals. Since its primary objective is to safe keep its depositors' money, it is its duty to exercise extraordinary diligence in every step of the way in handling accounts. Otherwise stated, it is just exercising its obligations to its clients. Anyway when it is duly proven that the withdrawal is done by the depositor himself/herself, the bank readily approves the same without further questions save for some limitations as set by the Central Bank.   

Banks are good for depositing our money and by taking care of our money but they are not good in terms of interest because they give a very low rate in our money which makes our money worthless because when we deposit our money it will only receive at least 1+% percent of return every year and if the inflation rate in your country is more than 3% then the inflation will eat your money.

Yeah banks just giving us such a low profit ratio as matter of interest. Whatever you have deposited in banks, yes they will take care of it and will be responsible for this but you don’t know what they are doing with your money. They are making businesses at national and international level and earning huge profits and just give you a very little of it.

I agree to this post, they will know your private identity. But they need it for security purposes or use it for colaterals. If someone make scam or not paying their loans they will know the information of that customer so they can ban them.

To be honest, banks are not safe when it comes to investment and saving of money. I don't fully trust banks because employees there can see the user account and the total amount of their money, in short it's not private.

Some of the bank employee are not trusted ,some of them make some hidden activities that againts the banks rule ,sometimes we cannot fully trust them.They charges so many fees like withdrawals/deposits fees when inter branch,atm charges and anything that they can gave a fees in any transactions.Thats why sometimes I hate to transact in a bank and also their so many paper requirements that needed.

I don't have any issue when it comes to my transactions regarding money that comes from cryptocurrencies or not with my bank as they only care about their business. My only problem with iut banks in my country is that there is a charge every time I withdraw my money whether it is in the atm or over-the-counter because I don't get the reason why they need to charge us just to withdraw our own money. As if they are not already earning from our deposited money yet.

Now there are many new projects on ICO that offer to create their own special types of banks, and I think that maybe in the near future there will be
banks that will meet the requirements of crypto currency holders.

Actually I don`t exactly know what is the peculiarity of their bank, but guys from FreeZone (freezone.one) will have their own Fiat Crypto Bank.
Maybe they will have their own system that will satisfy us, idk for sure, but I think that it`s worth paying attention to.

Don`t u guys know any projects on ICO which offer new types of crypto banks? I would like to invest in something like that.

Bankers are very greedy and they only do business with you because of what they will gain from it. Banking system is the root cause of poverty and suffering in most of the third world countries! I prefer Blockchain technology because it is decentralized and the transactions are peer to peer. Banking system is centralized and is being control by few greedy individuals. I hate Banking system because the bankers are not truthful with their customers.

Because these were Central Bank policies against money laundering and other illegal activities in which even corruption may be monitor as well. The only thing that i hate in the bank is that very strict requirements when opening an account but i considered this a natural to ensure that money was not came from illegal activities like drugs and smuggling that is why some syndicates related to drugs and smuggling are not depositing their money in the banks but instead they will bury it and some are using the bitcoin to hide their illegal wealth.

When I went to my bank to get a loan the advisor there said "I see you have a lot of expenditure at a gas station, why is that? You don't grocery shop there, do you?", to which I replied that "no, that's a fault in your system where you register the grocery shop that lies right next to the gas station as the gas station itself". The problem here isn't the fault in their systems or that I had to explain it to her not seem like an economic moron. The problem is that she just went ahead and looked at my transaction logs like it was nothing. I don't want my bank to have such easy access to what I've bought and where. That's not their business.

I see that many people hate that banking system always controls all their money loans and transactions and this is exactly the point why crypto currencies became so popular! I'm sure in the future people will have more freedom as they did before, thanks to crypto banks:)

I generally try to avoid banks and their services in terms of loans and loans, since then you can just not get out of this bondage. The bitter experience of loans I had with the machine's kopuk and denied myself that I would never again loot in loans and did not regret not for a day

My hate is irrational charge on service provided. Like they make irrelevant deductions from the use of the ATM, high fees but on sms.

More importantly I have a fear. My fear is defrauding of my money by collaborating staff.

Banks keep your money safer than when you keep at home. Depositing money into the bank you also be charged interest every month, every year to deposit savings. But the thing that I feel most dissatisfied bank today two things:
1. The bank allows the bankruptcy declaration when its assets are deposited into a bank. By the time the bank lost their money lost.
2. Personal accounts are still stolen and lost due to loose bank management.

But yes, were I to sell a vast amount of whatever and deposit it in the bank there's a good chance it would be frozen and I'd have to justify the source of the funds. Even that might not be enough.

I wonder how many people out there truly understand that once your money enters the banking system you've completely relinquished control of it. Not too many I expect.

You know what i prefer to save my money on my bedroom instead of saving them out there, maybe if i had lot of money i will consider it.

Bank also charge monthly fee for keeping but bitcoin provide cheaper fee than fiat which is my advantage to open my online shop for more profit !

The reason why I dont like some banks is that in the past years, I decised to save money in the bank. Then I though it will not be reduce even cents, one day i checked my savings if it's still in the same amount, then when I saw it, I was shocked because it is all gone. Then I knew that it was hacked by some other person. I was very mad because they are responsible for my money. Then they also get interest in your savings because they said that you are using their system.

It's correct. I usually try to avoid banks and their services on loans, since then you just can not get out of this ambiguity. Please carefully consider whether your finances are deficient. Absolutely careful.

There are many thing to not like about banks, one of my biggest problems with those institutions is that they treat your money as if it is theirs and then they put all kind of obstacles so you cannot withdraw your money, it is my money and as long as I'm not doing something illegal I want to use my money as I want but banks do not allow you to do that which is why I love bitcoin so much.

Placing your money on banks is not profitable because the scale of increase yearly if you are going to set it for time deposit is not that high so people will always prefer cryptocurrency.

Instead of sharing your story here, you should have done something to get it back. Perhaps you withdrew the money in the past and you just forgot about it? It's really unlikely that your bank account is going to get hacked by some hacker. It's totally possible that your card was used by someone who has access to your wallet at home and used it to buy something online. You can always consult/ask the people inside the bank where did your money go. Perhaps even the transaction history of it, when and where did your funds go. If it was withdrawn, was it by you? You will know by looking at the timestamp and location of where it was withdrawn. There's so much possibilities that could have happened before you even consider that you were hacked because why would hackers target you in particular? It's also possible that there was just an error when you checked your card.

If you are sure that you're not at fault and it has an unauthorized transaction, you should have told them about it. They are probably going to do something about it. I know that they usually give it back (since they can make money out of thin air anyway AKA print as much money as they want).

I know a lot about banks and know what goes on in and out a bank, and to tell you the truth, its not good. One thing that annoys me a lot, is that they always ask for proof of funds. I mean bruh, come on. Another issue, is that they blindside people to getting a credit card and later on charging ridiculous amounts of interest and other fees. And most of the bank, have horrible e-Banking facilities, and if you have any issues, you legit have to visit the bank every now and then. Banks suck and we are forced to live along with it. They block your funds, no matter how legit they are, for no god damn reason. They will just block your funds out of the blue and claim it to be a security feature. Bitcoin is here to eliminate the usage of 3rd party intermediaries, and its not working well, for very few people believe in it.

What I don't like about banks is that i have to pay them to take my money out. I have to wait in line for a long ass time to get more money in my account. I'm not comfortable with banks asking me everything about me and having it stored in their systems and empolyees have access to them. What i hate most is that my money doesn't even make more money for me.

all this time what I like about the bank is that I can save my money and I can borrow money from the bank. now that I have seen the crypto currency is so great and provide a lot of benefits for me. I prefer to invest in crypto currencies because the price is unstable and tends to increase every year, I can get a profit that multiplies by investing in crypto currencies.

what I dont like to a bank is that the interest rate of the money you deposited to them, of course you money was using by their other transactions but the money of your will no longer earn from them it is better to invest it in crypto that for sure you will earn by simply holding your money.

I don't like the system of deposits in my country I don't know about any other countries how they operate, but while I put my money on the deposit I cannot take it off until the term is finished, this is irritating.

When it comes to how deposits undergo verification process, I don't have any problems with that well infact I appreciate how they handle it, but when it comes to interest we recieve from the deposit we made, It's not worth it. The interest is too low while them are earning much of it.

Yeah, exactly. What most people fail to recognize with these term deposits is that they're actually losing money, just slightly less than what they'd be losing if they kept it in cash. The interest rate you get is comfortably below the inflation level, and low enough so that a bank can make a good margin on it.

Next, their "advisors" have no bloody clue about investing because they don't actually do it themselves. And if they do, it's with the prepackaged, happy-meal deals that banks give out, again, to make a profit.

So if an advisor is telling you to buy a specific asset, is it because he really thinks it's valuable, or because he makes a slightly better margin off it than the other one? What were most advisors telling their clients when their portfolios lost half their value in the internet bubble almost 20 years ago? "Buy low and you'll lower your initial investment price! It only goes up from here!"

The primary basis of the virtual currency was the anonymity and less centralisation, so it's obvious that
People who don't want those things will love the cryptospace and i personally think this crypto space is gonna explode and more people will see the actual benefits.

Once you put money in the Bank you have only the illusion of owning money. After all, now you have the state can take the money freely. And if you have a large amount there, you will need to prove where you have these funds. So the banks are not good.

Modern society is a data-based society. Even your bank deposit records, the balance of deposits are not private, and how much your bank account is accounted for by big data.
Banks always serve money, and saving money to banks actually helps banks make money!

What I absolutely don't like about banks is that they use customers money to do their business and use it for lending without customers agreeing to that and there is no kind of transparency or whatsoever.

Does banks really control our money? Isn't is just an institution which holds our savings ad give it back when we needed it. And one thing is, at least our money is safe in banks rather than we are holding it alone.

I have an additional negative impact about bank, When the time you could have Bank loan and you did not pay it on time You just have additional pay an interest immediately   and not only that if you did your asset like car, house of Land Property  being collateral they  and did not followed the said engagement they will suddenly brought an authority and lawyer and pushed  to take your property for Forfeited.

I have an additional negative impact about bank, When the time you could have Bank loan and you did not pay it on time You just have additional pay an interest immediately   and not only that if you did your asset like car, house of Land Property  being collateral they  and did not followed the said engagement they will suddenly brought an authority and lawyer and pushed  to take your property that subject for forfeiture.

In my own opinion, banks are not profitable because the scale of increase on your time deposit is very low and that is the reason why fiat is not profitable if it will be placed on banks.

You know... Being regular customer in my area I am really satisfied with the services the bank are providing for me, so I am not having a problem with trusting my money to those guys, I understand how banks are operating with the money.

That will reduce the value of money in the country. This has happened to some countries in the past.

I also dont see any problems with banks, I store my money there and also I use their services for my personal needs. They use maybe not the best ways to provide money, but without them we would be using metal coins.

Eventually it's the officials who are breathing so vigorously on banks to make them jumpy fuckers. They're the ones who are capable.

In any case, indeed, were I to offer an immense measure of whatever and store it in the bank there's a decent shot it would be solidified and I'd need to legitimize the wellspring of the assets. Indeed, even that won't not be sufficient.

I think about what number of individuals out there genuinely comprehend that once your cash enters the saving money framework you've totally surrendered control of it. Not very numerous I anticipate.

What I don't care for in a bank is that bank can truly get to your record, they can distinguish your benefits (money) and that is the thing that I abhor most, I need to have some security with my record, even a straightforward representative at the bank can know the amount you have in your record. What's more, obviously, most exceedingly terrible thing is that bank truly have low financing costs which can't give an equity of remaining your cash with them. You are much the same as sparing in your wallet.

In contrast to bitcoin investments, when saving in a bank, your money does not simply increase because of interest or profit sharing. The profit you get is not how much each month. It could be that the savings interest really gives you the benefit you expect.

Banks are a continuous problem. Bureaucracy, time limits, withdrawal / enrollment limits / need to confirm the sources of the daughters. And most importantly - in any crisis simply freeze money on accounts. Continuous minuses.

Banks is not a good investment because the scale of increase of the money you set for time deposit is just small and cryptocurrency is more profitable because of the market's volatility.

I do not like the centralized ways that you are very dependent from your bank. Not to mention sometimes ridiculous fees for not so great services. 

they can know about you  and your life i think , that system make us not secure and dont have privacy , and the bitcoin / cryptocurrency system is solution for that

We know it but we can not do anything about it. Because they have the government to intervene in the same place. Chains are related to each other to be profitable.
In this event, the people are the most disadvantaged. Their bank only obeyed government orders, and they received only a small percentage of the transactions. However, it is no longer important because electronic money can replace them in the future.

credit score card fraud is an exceptionally (to pressure), small proportion of general credit card transactions. the cardissuing entities all offer 0 fraud legal responsibility, even on debit cards. There are tens of millions of transactions every day and fraud loss simply isn't really worth developing, and assisting, an additional authentication layer that faces the patron.

What I do not like about banks is when they charge high interest rates. I know someone whose credit card's interest rate is at 25%. That is way too high. Sadly he is still paying for it. I also do  not get how some banks freeze your account when you are trying to withdraw a specific amount of money. It is your money, why are they trying to hold it against you?

Banks are under control of government. So the very first reason is  privacy. Bank doesn't provide as much as privacy like bitcoin or any other decentralised currency. For any transaction you have to give your full information to the bank but in case of cryptocurrency that doesn't required. Transaction through bank are time taken and slow and some time their are so many paper work need for  a single transaction. Bank also charge high transaction cost for money transaction and because of these above things i don't like bank.

Till date banks are controlling people money in the form of charges for giving us charges now we got bitcoin which is permission and borderless currency

To be fair I don't like current situation. Despite the fact that technology has progress and it's easier to pay with visa/master card, a lot of people have almost all of their funds on bank accounts. Yeah, you may say it's safe and I agree too, it's more unlikely to happen anything bad but imagine one day banks decided to freeze everyone's accounts? This will cause a chaos. For this reason we have to own paper money and bitcoin too because no one can do anything against our coins.

If you put your money in the bank ,I can say that it is safety because bank deposits are insured , if their is a bankrupt of the company the insurance will pay your deposited money, Today banks are very little gain or interest, you are just putting your money in a vault with a very slow movement of interest, this is a bank deposit.

The banks usually have a way of deducting money from customers account without the customer even knowing. At times they also impose certain charges on you, leaving you without choice than to admit. It is sometimes a very bad experience and feeling.

Here in the Philippines, banks totally sucks. Service is aweful, making you wait while falling inline as if you're in gradeschool and the teller not that friendly unless your "regulars" and a lot of unauthorized online transaction from people hard earned savings and most of them are overseas worker. You will see complaints everywhere losing their money and waiting for the banks to resolve the issue.

This is actually why I think cryptocurrency will be good for us, bank can no longer monopolize financial transaction and they will do and try their best to improve service and security because of competition and us people will surely benefit from this.

Indeed the bank's a community money robber institution sheltering under the umbrella of the law, they are very freely pressing their customers by imposing a limit on the amount, when we withdraw funds, not even hesitate to punish its customers when withdrawing very large funds.
The presence of the cryptocurrency in this century, really provides enormous benefits, besides giving changes to one's economy towards a better direction, he also opened our eyes to the collapse of the banking system which was pioneered by the government

Banks are ungrateful to the people they use their hard earned money to give loans and earn huge profits on them.They just keep your money value but will never make you rich.Banks will never make their customers rich but continue to keep them below that level so that they will continue to use their money to enrich themselves.

of course bank wont make you rich because banks are not for investing but rather banks are only for storage purposes in order to have a greater security for your hard earned money . you can also get a loans from banks which make them pretty useful in times of hardship.

Overall , banks are not to be fear because they cant interfere the success of cryptos . infact banks will even help out crypto to stand out and to become more credible to the public .

If the banks will adapt the blockchain technology of the cryptocurrency then that is when they are going to help the cryptocurrencies to stand out in the market or in the internet because people will get attracted in investing in cryptocurrency but as they are not yet accepting it then there is no help that is going on between banks and cryptocurrency.

It is really hard to trust banks these days because some banks can't keep our savings and earnings safe. We need to undergo a lot of process first before withrawing a big amount as well but we couldn't gain a high profit through investing or saving in banks.

Even if banks are making my money secure in their hands, i am still skeptical about them getting bankrupt because that is really the case of some entities. IMO, with me getting only a little interest of my savings, they are also indulging the money that i deposited on them in return of the security given to my money.

In addition to controlling my money, my transactions will also be public outward, which I feel is not safe. Regarding Bitcoin, any of my purchases will not be public out because it suits the blockchain technology, anonymizing all users to use them.

Banks are not that cause distrust.  They are more angered by the fact that we do not understand anything, what happens to our money.

Actually i never dislikes this banks doing business with them. I do really like to have involve or get with their service because it is so convenient not to hold huge money in our very own pocket or to keep it within the house especially there are many possible reasons why you should not keep your money in your own house instead deposit it in the banks. This will be more secured than keeping it on our own will.

As a matter of fact I never despises this banks working with them. I do extremely jump at the chance to have include or get with their administration since it is so advantageous not to hold tremendous cash in our own special pocket or to keep it inside the house particularly there are numerous conceivable reasons why you ought not keep your cash in your own home rather store it in the banks.

as a result, banks are focused on generating profits for themselves. so care about the interests of users go into the background. The banking system has stubbornly resisted reform, and now crypto wounds it at it

The fact that banks can simply close their doors in the case of an economic crisis is very bothersome as well, they make guarantees they are going to pay you your money but when the time comes to fulfill their promises they accept they defrauded all the people and now you are the one paying the consequences of their mistakes, that is why I prefer bitcoin over those liars.

Bank are usually closed in Saturday plus open till 3 PM in my country. That's really makes me angry last weekend i was looking for some money i was in emergency but the bank was closed i lend money from my friends even i have money in bank.

Actually no! We know what is happening to our money and what they are doing with it for which we do not trust them and that is actually what makes us angry. They are the who starts taking full control of our money and we start losing our financial freedom. Having to answer them everything about our money also makes us lose our own privacy. Its our money and we do what we want but the banks are restricting us from it.

We all live in different locations so it might not be the same for all of us. First thing I don’t like about banks is the unnecessary charges, but not all banks does that and I had to swap to a different bank since my old bank was making unnecessary charges just as ATM maintenance fees while their ATMs are not even well maintained, and there is no money 24/7.

Another thing I hate, just like you said, is them deciding what is suspicious and what is not. When you work hard and genuinely earn a huge amount of money they will tag it as suspicious. But when scammers scam people millions and transact to bank, they are never held as suspicious and bank will not even help you trace where that money got into.

       Now  a common man doesn't  trust a bank that is the experience felt by a common citizen now a days bank imposes several hidden taxes over the people banks take the sole control of the people hard earned money this makes the customers feel that the money doesn't belong to them .Since this is the situation of the Bank banking system has become a failure to the mind of the people so they will be going behind decentralized currency that no third party involvement that is Bitcoin is been embraced by the people .

The worst of banking practices is found in third world countries brandished as developing countries here we have long ATM cue, late resumption or closure for some days by some banks without preinformation, no cash at the moment, no network at the moment, these and maney others are the annoying situations we face in the hands of banks

Banks often avoid the problem when their employees steal money from customers in savings accounts, but they often blame careless customers. Claims are often long and the amount of money is hard to recover.

anyways the second thing is its fee which is higher.Whenever i withdraw my money they applied tax and charges where bitcoin never cuts your tax.i am thinking to turn my money in bitcoin but its highly risky for me.

That is the way banks operate to make a profit to pay interest to customers, I really like this business model.
They benefit and we benefit when depositing money into the bank. But I think they are more profitable because our money can be used to make a lot of profits, and our interest is only 1% of their profit from our money. ;D

Exactly. Banks are just financial institutions set up by the government and do their job. I love the phenomenon of credit creation by the bank. They have been providing some great services like access to the authentic bonds issued by the government with zero default risk.

Besides, keeping money in your own house is not saving from the point of view of an economist because it does not gain value and actually loose value due to inflation. Keeping it in bank is something that allows you to get additional money apart from your own money that was put initially.

I do not like the banks, the Fact that they control everything, they have a complete package of documents for any user, which can later turn against him. The cryptocurrency market gives this independence and anonymity.

I like banks, because in a bank is a place where money is collected. So if I have a lot of money, the bank is a safe place for me to keep it. Conversely, if I go bankrupt because I am trapped in a debt from a bank and I am wrong to invest, the bank is not the place I like. The bank is a capital provider through loans so that customers can grow and progress so that they can have what they want.

I was never in that position but I can see how that can be extremely infuriating, you have money in the bank and you need it and it is inaccessible to you, that is one of the great advantages of bitcoin, bitcoin never closes its doors, it is always open and you can use your money all over the world, and the best part is that you do not need to ask permission from a bank to use your money in another country, a friend did that and they froze his account alleging they were protecting him when they left him without money in a foreign country.

Yes you are right, they benefit when we are placing our money on the banks and that's the reason why they are scared about cryptocurrency, it is because bitcoins can decrease the number of people who will be placing their money on banks and they will prefer to invest on cryptocurrency.

The Fed moves the money supply and exerts a great influence on the interest rate. By changing the interest rate, GDP and the price level are also greatly affected. Naturally, any banks that we always use are under control. We are under control for through money by government.
I hope to break under government control by bitcoin in near future.

That is what we don't like about the bank, when a crisis occurs many banks provide special rules such as limits on the amount of withdrawals, even though it is our money right? they use our money to keep them safe and survive, there is no freedom at the bank, I don't like it..

I appreciate banks making our money grow in which we are not making much effort and our money is also safety but the thing is has only offered a very little interest, not like cryptos that you are the one managing your investments even of it is risky but you csn have a better profits than money put in the banks, I have tried the two investment already and  I prefer crypto as better.

What I really don't like about banks is about opening a savings account or whatever account you want to open. They take so much credentials like for my country you need 2 Government valid id's and you need to have a business or a job to have a bank account. Why, does people who are a housewife, homemaker and more aren't eligible to have a bank account? Whatever status we may be at, people should have the right to have a bank account. People should be the one taking proofs for a bank if they are legit or not. :D

the thing I dont like about my bank is that they charge you for everything, even electronic bank statements. then these bank fees of theirs dont show up in my monthly bank balance, just is to keep up an image that they are doing things for free, but I would like to see how much of my money has gone where, period. Also i was declined from my bank when I wanted to buy a car, but another bank (where I have no account) gave me the credit without any problem. My house is also financed with another bank, go figure.

yes I have complaints about banks, because I have to go far using a motorbike to go to a bank and a lot of lines, and waste a lot of my time,
this will be troublesome forever if it is not changed from now on

Most peoples hate banks because transaction fee is too high. But not matter we like it or not, we need banks. Banks help us to grow our bussiness because banks have lending facility and keep our money from thief

And this is what I do not understand, why people keep trusting in banks? Since there are many examples of this happening, you only need to look ten years back in the past and you will find several banks that froze the accounts of their clients, which proves the money in your bank account is not yours since you do not control it, it belongs to the banks and they are keeping it there to protect themselves and nothing more, this is why bitcoin is such an incredible currency and will displace banks completely for people people like us.

The fact that they charge fees unnecessarily makes banks more annoying. Bank fees might be the single most annoying part of having a current or savings account. Sometimes they're hiddimg and sneaking up on you, other times they’re blatantly up front, just taunting you. But in all cases, when you see one of those fees on your monthly statement, you get annoyed. Maybe even angry.

You just get to see charges and you'll be like, how come?. You skipped and ask yourself when you incurred those charges. I mean this is annoying.

Banks also get too much access to your account details. This makes them do and undo.

I think that nobody likes when he or she is being controlled and to my mind it is better to avoid control. As I can say, it is better to use btc and ether as they aren't controled by the government

 The fact that there are many process to do after and before banking your money. They control money in a less volatile motion so the assurance ia secured. Banks are taking care of the money so think which bank is the best that suits of your style because banks do have different system.

What I dont like about banks is that they only have a small percentage of interest annually to our deposited money, but when we make a loan from the banks, they charge a very high interest in it. That is so unfair because they are using our own money to give us a loan.

They all have the same system, working with a fractional reserve and scriptural money. There are also laws that make their products exactly the same as any other banks. (A saving account, for example, has its percentage return based on a rate fixed by a government).
If everyone moves his money from their accounts at the same time you will realize how they were taking care of your money like you suppose.

well aside from using my money for their own investments, turning my money into virtual asset that has limited insurance in case of bankruptcy, i think there is none, no other reason why people are still using banks, maybe it is the visual or physical and legal entity to handle finances and is the mainstream medium to transact money related matters. thank God, virtual wallets now exists.

Lol yeah because the bank has central control. of course when you want to do some things like checking a passbook, and other problems you have to go to the bank office and it's very different from bitcoin where everything is in your gadget. very flexible right?

I have no problem with bank so far, they help me a lot like I didn't have to hide my money under my mattress.  Buying anything online, I just need to 3 or 4 clicks on my computer to pay.

For now I am not a professional user of banking system so is satisfies me 100% I'm not having any issues with my bank I'm not having any problems, so bank is not negative for me.

What i don't loke is having to wait in line just so i could deposit more money for then to finance for them to get richer. I don't like that i will be charged just so i can have some of my hard earned money. What I don't like is tyat whenever i need my money i have to wait for the banks to open or look for atm machines that are available.

Well this are the common things most of us are experiencing that can easily make some easy ways to change it, but yeah, I agree that everytime we go to the banks those long waiting still hasn't change until now.

It's a real hassle trying to wire money to another country, banks will ask you a lot of questions.  You are not even in control of your own money with a bank.  The bank has the final say on everything, they can freeze your accounts whenever they want and block any transactions they don't like.  The central banking system has a  controlling grip on our lives but bitcoin will help us to break free of it.

Well perhaps the reason why people do not like banks is because in banks there's a lot of fuss t, there's alot of regulation so on and so forth before depositing and withdrawing huge money and also it has little interest and they use their money for their business, and is prone to thieves and robbery, unlike bitcoin its decentralized and only you knows your money no one can interfere on it.

State made those laws to monitor money laundering. Banks just follow the law and we are still in control of our money even though this law really made it feel like we dont.

There are a lot of unauthorized withdrawals incidents have been reported and some customers don't even get their money back, and banks should keep their customer's security more stable as scammers and hackers gets more intelligeng as well.

There is a withdrawal limit in my country.You can withdraw$ 2,000 per month.If the amount exceeds 2000, you will need to provide the Bank with the origin of the funds.

But they should follow the data policy law. For me the most irritating act of banking is if you will deposit or save money with just 1%interest per year but if you'll have to loan the interest will be 10%.

but on the other hand, these people also promised strict confidentiality to our personal information. also, the monthly fees, atm fees and such are also part of their financial statement. This is to financially track down transactions that are done by the financial institution.

Ane rasa 🏦 sangat jarang melakukan kesalahan apa lagi bank BRI..yg sering saya keluhkan hanya antrian atau pun sifat egoisme karyawan bank..tapi soal pelayanan sepertinya sudah cukup lumayan..karena itu simbol.. daripada BUMN tersebut.

I also have complaints about the bank, if I save money at the bank, then every month my money decreases due to administrative fees. Very different if I save bitcoin. Even though in 5 years it is stored in a wallet, bitcoin does not decrease at all except the transfer to a different wallet. and that is reasonable for transfer fees

I am hate banks when they charge on our account with big fee. But i think its normal because their bussiness should run and making profits. Beside that, i dont know why i should hate banks because sometimes banks help us with their lending

You’re totally wrong. That’s the problem with most of you, you always complain on things that really don’t require you to complain about it. So don’t you know that most of those questions that are being asked are for security reasons and they are meant to protect you as a person and also protect the bank from any form of allegations that may arise in future, so this is not a reason to hate your bank, unless maybe you’re still a kid and don’t underhand how banking works….

I have never had any problem with my bank ever since I stared making use of it,  they don’t charge extra fees or whatever, they just do the right thing and I also play my own part as being a good person.

I like bitcoin too, both banks and cryptocurrency favors me a lot , so I don’t really have any problem with any of them. I do know that not all of us are lucky, and some people are having problem with their banks but I don’t pray to be one of them.

It's no one will want to do that his money banks controll let. A bank can close withdrawals at anytime, and banks our money controll if our their rule believe to be.

This definitely sucks, in my country there are many robberies to people that withdraw big sums of money from their bank accounts and it is obvious to anyone that for the thieves to know which person is withdrawing big amounts of money they need to have someone inside the bank giving them that information, in bitcoin all the information is public and you can see it on the blockchain, but no one knows which addresses belong to you and that is a big advantage.

In my opinion, what is troubling at the bank is the reduced balance of the ATM or withdrawal of funds unilaterally. Such cases involving ATMs should be avoided if the bank's security system is tightened.

Banks make a huge earning with the investments and the savings that we make over the banks. What they pay at the end is nothing compared to the one that we make through cryptocurrencies. Banks were the backbone to a country's economy but they never intend to make a downtrodden personal grow.

Those kind of measures are nothing but an attempt to avoid a bank run, they are just disguising those measures as a way to protect their customers, the owners of the banks are very smart they had been in the business for a lot of time and they know very well what it is going to happen once the system collapses, and they are preparing for that day, so if you can get all your money out of your bank, because when the economy crisis comes no one will be able to get their money out of the bank because there is not going to be any money.

One thing I don't really like Bank is all under bank control, and the reule of taxation is high. It seems taking a part of my money.

Indeed, banks make big profits from using people money to invest but banks always put high fees on banks account. When we make transaction on ATMs, there is big fee and banks should make that transaction free because banks use our money for their bussiness

I do not like banks because they control my money. If I had a sudden increase in my account balance, I immediately had to tell them why I had that amount.

I hate banks, one of the main reasons why I am in bitcoin. When I get paid in bitcoin for my work I basically send it to the bank and cash it right away, not keeping any money on them.

The only reason for my hate for the banks is actually logical for them, I understand its their job and there are some computer algorithm involved as well and all that but back in the day my dad was a manager in a huuuge global firm and was making amazing money, so of course whenever we get a credit card and use it greatly he paid it easily, when we took out loan for new cars he paid it easily.

One day he was forced to retire because of the 2008 crisis, of course we had to find a way to pay the debts, with his retirement money and all that we paid as much as we can but one bank (HSBC) was unpaid, my dad just lost all of his income and all his savings because he was let go and yet HSBC kept calling us all the time, like call ALL THE TIME, 5 times a day or so, as a family we hate it to the bone.

Of course we finally paid it in the end, but HSBC can call me up and tell me they will give me 1 billion dollars for using them and honest to god I will say no.

what I dont like to a bank is that the interest price of the money you deposited to them, of course you cash was the usage of with the aid of their other transactions however the money of your will now not earn from them it's miles higher to make investments it in crypto that for positive you will earn by truely protecting your cash.

what I dont like to a bank is that the hobby price of the money you deposited to them, of route you money became the usage of via their other transactions but the money of your will not earn from them it's miles better to make investments it in crypto that for positive you will earn by means of really holding your cash.

yes you are right the bank actually will control the money you give them and they will make the money you have to do something that can provide results and profits for the bank.

If you glad to get interest on your money form bank so it is so least than the outcome of your business whether you invested somewhere in business like investment in bitcoin or in something else. So the conclusion is to circulate the money and earn more money through money.

In my opinion, banks could really help our economic development. But what i don't like when theirs a system problem, the interest rate, and they control the money.

The freezing of customers' accounts by banks in collaboration with so called government officials happens occasionally and it is what annoys me the most about banks. It is the most lawless part of banking industry.  They can be easily told what to do by the President and his/her people whether the court agrees or not.

what I don't like bank controlling my money is that banks make huge profit from our money and if problem arose they would be less concern about. if there are new development information would not circulate on time.

Yes, I have received unsatisfactory service from the bank, they offered me the bonus and advantages from the beginning, but when I decided to join and become a customer it was not proven other than that the rules were very telephoto and wasted my time when taking care of the requirements it makes me very upset, and what pisses me the most is that the money I invested did not develop that over time the amount owed because of the high administrative costs, that's why I decided to invest in bitcoin now

It's because the bank can see everything in your account, that is why the best option is to be your own bank. You control your wallets, your transactions, etc.

I am okay with banks, they help me a lot and provide jobs too.  Something I didn't like is if your bank account didn't have enough money to make enough  interest to pay the monthly administration fee.

The main thing I hate about banks is that they ask about the purpose of my transactions and require the proof what I need my funds for if I want to withdraw them from a deposit.
I understand that all this is targeted on prevention of money laundering, but in case of a small investor like me it is not their business whether I want to buy a new car or organize a decent holiday for my family.

They were assigned certain duties to be completed before stipulated time. This at times cause mistake and make the customer suffer. Importantly saving in terms of bitcoin is safer, but if it's lost then it's lost forever, but with banks we can claim indicating all that happened between time period.