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Author Topic: What don't you like about Banks and Banks controlling your money  (Read 5713 times)
fernandoclause
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August 18, 2018, 03:39:03 AM
 #241

Do you have any gripes about banks
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
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andika2018
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August 18, 2018, 06:20:33 AM
 #242

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
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August 21, 2018, 09:48:43 PM
 #243

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.
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.
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..
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.
Mjadon15
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August 21, 2018, 10:31:16 PM
 #244

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.
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August 21, 2018, 11:19:08 PM
 #245

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
jaaeeeyyyy
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August 21, 2018, 11:21:47 PM
 #246

 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.
Danisababy
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August 21, 2018, 11:21:54 PM
 #247

Do you have any gripes about banks
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

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.
Anarchist
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August 22, 2018, 12:59:40 AM
 #248

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.

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.
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August 22, 2018, 01:29:23 AM
 #249

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.

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August 22, 2018, 02:05:09 AM
 #250

Do you have any gripes about banks
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
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?
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August 22, 2018, 11:08:06 AM
 #251

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.
win365
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August 22, 2018, 12:33:48 PM
 #252

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.

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spongegar
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August 22, 2018, 02:06:24 PM
 #253

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.

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August 22, 2018, 02:34:53 PM
 #254

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.

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August 22, 2018, 02:35:59 PM
 #255

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.
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August 22, 2018, 03:21:18 PM
 #256

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.

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August 22, 2018, 03:34:50 PM
 #257

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.

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anti76
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August 22, 2018, 06:49:25 PM
 #258

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.
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August 22, 2018, 10:22:54 PM
 #259

Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
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%.
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August 23, 2018, 02:03:43 AM
 #260

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



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