You should never trust banks

[Falmera]

Give us more information about the closing of your bank account, I guess they will not do that without any valid reasons though I don't have bank account yet but it's really normal if you do something illegally and don't respond to them about that issue   
Don't just post a thread here that you want to tell and convince us that having account bank account now is not good or investing in the bank are in a big risk this time.

Very well said. It is true. Banks will not just close an account unless there is a reason or that is on your agreement. But in terms of bank investments, I do not think we can get bigger profit. There can never be assurance in banks.

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[icoworld]

you should not be so negative about them, you can trust them, but it's better to check them a little so that there are no force majeures

[Mr.John19]

you should not be so negative about them, you can trust them, but it's better to check them a little so that there are no force majeures

There are still many people who continue to trust in banks including me. I think there nothing wrong on the bank. All things you can have a problem but wish and careful key using it to avoid the issues and to avoid any problem regarding the bank you should balance your cash. Banking organization is protected by the administration because of the bank regulation, and consumer protection is and their also insurance.

[Trela]

Yes we should not trust banks they are the biggest scam ever in the history and i doubt that they are trying to create a token for their consumers and put a tax on it. bitcoin will change the life of people.

Bitcoin can disrupt bank bussiness. With low fee transaction and fast transfer, it will beat bank bussiness. Thats why many central bank around the world hate about bitcoin and cryptocurrency market. I am believe that bank will get involve in cryptocurrency market and they will take profits from market like goldman sachs did buying exchanger

Actually in the last year, there are many cases about the bank have some activities on the cryptocurrency market. Even, some government officials have take advantage the fud to effect the cryptocurrency market (Korean government). Therefore, I think we should not put all trust for the bank, because sometimes, they still want to "earn" our money.

[shahzadafzal]

You should never trust banks

Purchased Bitcoin using credit card -> on each transaction charged 5% or (150 AED) $40 extra which ever higher

Reason if you buy any crypto currency  bank will consider it as trading transaction and will mention "advance cash" WTF

Never use credit card for crypto transactions, use debit card or do bank transfer.

[buburjelly]

My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!

There may be a reason for the bank to close your account. nevertheless, I am of the opinion that you are laya to obtain the balance in your bank account even if the account is closed unilaterally without prior notice to you as the account holder.

[OfficialAmulet]

On the topic of trust, how do you decide which individuals, such as experts or brokers you can trust? Is it ever possible to make a sound decision to trust another individual's advice?

[patrickj]

Yeah banks have taken the advantage of people since many years. They change the regulations according to their wish without giving a proper answer. I hope that btc even if can`t break them down at least can regulate them to be more reliable.

Yes they are taking advantage for it, but we are not all borrowers, but rather banks is essential for us on the off chance that we have cash to spare, they are protected and they give protection. Whatever we consider the eventual fate of bitcoin, it can't be denied that we are as yet depending on bank for our cash. We can't trust bitcoin with all our cash as it's excessively unsafe, the esteem will move and hacking is conceivable, we could lose the esteem and lose our cash and we can't follow it as there is no particular law to ensure us in this particular conceivable episode.

[tanxingwo1215]

The bank is mainly for some rich people and the company service!

The bank's attitude to ordinary people is very bad, because it is very difficult to make profits on you!

If BTC replaces Banks in people's hearts, many will believe BTC does not trust Banks!

[Maslate]

The bank is mainly for some rich people and the company service!

The bank's attitude to ordinary people is very bad, because it is very difficult to make profits on you!

If BTC replaces Banks in people's hearts, many will believe BTC does not trust Banks!

You are wrong on what you believe, banks are for everyone who want to use their service.
I am not rich but I have bank deposits, that is because I wan to save for my future and bank gives me assurance my money won't be loss and it's true
because they have insurance.

[Bella Thorne]

In fact, today banks are very trusted in the community, even, every day, always come people who save money, or open new accounts. Well, I am also currently still trusting the bank, that it is the best storage place.

I dont agree that we should never trust banks, because banks can help a lot of people in this world to save there money very well, and  banks has so many function in this world and almost all people in this world is known and trusting banks because there money is will be safe and secured with banks.

[Pujangga]

I never find any problems with banks, more than 5 years I saving money in banks and everything is as planned, besides banks get guarantee from the government so it is safe.

[hroub]

banks have their reasons, you should trust bank as one of your money storage but of course you need to choose a bank and choose a stronger one that you know that will not state a bankruptcy , but if you are looking for investment, just go away from that and do bitcoin

Just curious. How did you gain control of this account? You are not the original owner of this account, Mr. Ethan Mckibben?

BTW, we also have your email address, VPN company, IP, and location, among other useful data.

[anjelaro]

Banks all over the world have started to play dirty games. On the name of minimum balance they are charging fine from poor people which is robbery in my opinion.

[Via-]

There should be reasons why bank close your account and they will tell you why if you ask them, i have savings in bank and so far there's no problem apart from the low rates. In my country you need bank account to do a lot of things so i have to use it but i think the problem is on your end.

[Figuran-]

Many people would like to have the choice, to cope with banks or otherwise. Regrettably that is not a fact of life and many individuals have to do business with banking institutions and make use of them because Bitcoin is not so widely recognized and regulated. We all hope this can alter in the future.

[Iphone7s]

It is either you did something wrong with your agreement to the bank not unless the bank itself declared bankruptcy like what usually happened here in my country. that is why one of my reasons not to trust bank anymore. is not easy to earn money then all of a sudden it will all be gone.

[ooeygooeygold]

That is known for long time that you have to be very careful with banks. They make an illusion that everything is good and saved, and you became relaxed and loose the feeling of danger. They use it against you. That's their way to make money.

[Dark Sky]

That is known for long time that you have to be very careful with banks. They make an illusion that everything is good and saved, and you became relaxed and loose the feeling of danger. They use it against you. That's their way to make money.

Yes banking is a lot of problems so that's why many of people are never trust in bank and they buy bitcoin because they know bitcoin will never lose their money rather bitcoin will give them a lot of profit and their future will very secure.

[Westinhome]

One of the banks here in our country was forcing peoples bank accounts to close due to related bitcoin transactions. They said that if you have bitcoin related transactions they will have to close their accounts from the bank. The staff told them that it was ordered from the central bank and their branch manager.

I think not all the banks that will not be trusted because they have some banks also accepted even if come from in bitcoin.