You should never trust banks

[bottle0418]

Well, I'm sorry but I think you might do something wrong or illegal.
Banks won't close your account for no reasons while there may be still concern for being controlled.
And that's why decentralized system and cyptocurrencies come up.

[Alalex]

If you do not trust the bank where we will save some of the money we have, I trust that the bank can keep my money safe and give comfort to the Member who trader in the bank.
If I use the bank how can I be sure I will have difficulties in making money transfers and receive delivery from someone.
It means that the principle you have will only damage the situation and make yourself difficult, what is not seen if all this time the bank has helped us and everyone around the world.
Certainly the bank where we save money and where to develop the balance of our money because we need something like this.

[om_iyo]

In every country has a regulation for bank, finance, consumer, and something else. What did you mean, your bank did is against your agreement. If it happened, you can call your legal lawyer to push the bank. It's your rights as consumer. In generally, bank or another finance board is still needed and useful for everyone in a country.

[campica]

I don't believe that there is no reason for closing you account. You probably do some illegal stuff that's why they closed your account. In my country you can't have job if you don't have bank account, because you get salary directly on your bank account. I support bank and I hope that in future bank will start using some crypto currency.

[Tigerw]

we also have to believe on banks, because of the main reason of we do not have any other option for banking purposes. Bitcoin is still not become so stable to avoid banks at all. As for most of our affairs we have to deal with banks therefore we must have to believe on banks.

one can only understand one rule, never go to take loans in banks and do not mortgage their property. you need to do everything to not be dependent on the banking system. Only then will banks cease to be a threat to you.

[alexsandria]

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!

Banks have an established system and a strong foundation. This thread lacks information. I see that your argument here is to go btc and kill banks. Banks are still trustworthy. Although some of them have a strict policy, and most of the time tries to get as much money from their customers/users. They still had a good reputation. Why? Because if you simply follow their policies they will also provide the service you needed.

[bobbykulot]

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.

I agree to you friend, me too I dont have a bank account. maybe he's doing illegally  or he is doing crazy,just kidding. But it is not right to post that in this forum because many people here use bank account too for their saving and the bank will be affected too.

[1Bang T JOE]

it's hard if you have to not trust the bank, we need to survive, while life is expensive we always need money, if we do not trust the bank does not mean we can not live, but with what we meet the necessities of life.

[mstfprcn]

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.

[imking]

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!

A bank's purpose as of this present-day about is saving your money and not gaining whatever from it because we all distinguish that the interest right nowadays is the deepest of the low. The bank is permanently there, and it is very reliable they save our money safe, and it has insurance, not like the bitcoin don’t have insurance. They also have the provision to governments and states, so individuals have assured on banks

[btcbabhh]

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.

[Ramtapsbtc]

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!

I don't trust bank ever since because i just feel that i don't like them to profit with the people's money in their bank. When you deposit your money in banks you will get a very small interest which i think is not fair.

[MidKnight]

I still trust the banks but only those who are owned by a down-to-earth person and not those persons who are involved in politics. Those greedy bank owners are controlling everything and only few notice it.

[breathlessz]

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 think many people trust bank because it has already proven. besides that government has legalized the bank as a place to save and borrow money. so i think confidence with bank still high

[Usafstar]

The banking industry in our country is good and i can trust banks while the banks can be used for many transactions and may be some people don't trust banks but for now the banking industry is the most growing industry in the world and many people are getting loans with collateral security and some of the aged people get put their pensions in banks to receive some interest over that.

[Elkafi]

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!

I still trust a bank for saving my money and I prefer investing bitcoin for long therm

[bilyboy]

Bank is very useful, you can put your money in a much safer place which is  bank, they will protect your money with an insurance so you as depositor has nothing to worry. There will be a lot of system that will come out and one of the most popular now is bitcoin which is very useful for online transaction but at the end of the day we still need bank to cash in and cash out bitcoins.

[Lauff]

At first, I would like to show respect of your decision but I don't agree with you about whole over the banking system. Some banks can be good and some can be worthless.
In my opinion, most of the banks are playing good role for running an economy. I can't imagine our daily life without banking system.

There is no reason not to trust them. They provide us the services we need like the giving and receiving process, most of which here will agree with me. I trust banks because they are now working with bitcoin. With the help of the bank I can make my coins converted into paper money in my hand

[Elrozaq]

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!

I save my money for short therm in bank, thats to fulfill my needs.

[Burogh]

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