Feeling bitter in banks?

[Ridwan Fauzi]

The difference is just in decentralization and centralization. Those who are already comfortable with the decentralized system will try to desire cryptocurrency can able to replace traditional banks because with cryptocurrency on the grounds and the have the reason ryptocurrency is easier to use rather than bank. But until now I want cryptocurrency and banks can co-exist because banks and cryptocurrency are very useful for me. I cannot feel what I've got in cryptocurrency if there's no bank, I need the bank as a medium to bring my income. I guess those who want cryptocurrency to replace banks are those living in countries that accept bitcoins so they can easily take money from bitcoin like in bitcoin ATM or the other media that support cryptocurrency.

[marcbitcoins]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

I don't hate banks because for me banks is the safest establishment that will take care of our money especially if we convert huge amount of Bitcoin to fiat. I don't care about the small monthly interest that they are saying but as long as my money is safe and insured then nothing to get angry with banks. Now in talking of Banks are threaten by the Bitcoin existence, I say not all banks are against Bitcoin existence like here in our country because our Central Bank is fully supported the Bitcoin existence so that is why i sick and really tired of this kind of post too.

[btc_angela]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Its is because we have bad experience with banks. Just like me, I can't open a local bank account because I don't have a job currently so I don't have the necessary documents. However, I have money to begin with, why are they not allowing me to open a bank account? I have other source of income because I have a business but its not enough for them. However, I don't think that crypto will eradicate banks per se, they are already a established institution and there's no doubt that they will not became obsolete just because of crypto.

[kisscoin]

I don't care who and how many writes! If you don't like something, don't read it, pass by... But I for maximally rapid cryptography around the world! Cryptocurrency can change our lives in a positive way! I have the right change 

[nl247]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Yeah! You're right. Why there are so many people who compared banks and crytptocurrency. Banks will always remain for a long time and so as cryptocurrency. So we with them as part of our life.

Obviously, as much as we show some pretty much level of hatred for the banking sector, they will still remain operational. The good thing however, is that, cryptocurrency has really come to save the day for a lot of us and that would instigate some form of competitive factor which would make the banks to really sit up tight as against all their bullshit policies over the years which made things so hard. That competition is one thing that I am so happy about and looking forward to the post effect on how banking sector will want to remain functional in the long run.

[beliomir]

Banks and crypto currency are compared because many people before crypto currency did not know what investments, stocks, bonds and so on. Ie most people do not financially finance the grammots here and compare them.

[Jonsnowstark]

There is no direct rivalry between banks and bitcoin. But as we all know the reason why satoshi nakamoto programmed the blockchain technology or bitcoin because he is tired of the huge fees banks charge for money transfer. Banks see crypto as a rival. But crypto sees itself as a way to eliminate huge fees charged by banks. Crypto wasnt created to kill banks but to save for unnecessary huge fees when sending money oversease.

[carlisle1]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Im sick and tired of reading this kind of post,that has just using some issue for them to hage something to post,but the reality it seems like a generic posting is happening..this post may used for farming as this states nothing important to forum,but only for himself.

What if were tired of that issue,is this post can help others to solve the problem?😂😂😂

[mylyn2327]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Yes a little bit, we all know banks and cryptos have different and same features so why bother comparing them. They both have uses in our lives, so let's just focus to important matters and let it be on what really happens in the future. Who knows maybe in the future banks and cryptos will be good friends.

[Javeron]

If banks had a comparison with cryptocurrencies,  banks are worthless.  (Well if you look at it in this point)  Banks interest per month is constant,  percentage doesn't rise or fall. It is a very boring,  low-achieving process. Cryptocurrencies (Bitcoins for example)  needs intelligence,  patience and your guts' intuition and it will produce a fruitful achievement.  So why go with banks.  With a little effort,   cryptocurrency will do more for you.

[upsidedown75]

when we save money in the bank, we just keep it without expecting any profit. actually our money can be reduced for storage costs. better to invest in bitcoin, we can expect profit.

Asides that, people are basically tired of the messed up fiat system as there is really nothing to show for it except for a manipulated system of governance and banking sector with all forms of monopoly. However, this is not something that is new as people only did not have a choice for years most especially when it comes to making international transactions and all the limits placed by the banks making business difficult for the common man. This has changed with bitcoin and I really do not know who would not prefer something better over the other that sucks.

[Whosdaddy]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

I read that banks are paying 1.3% interest p.a for savings account ??

You would be lucky if they are paying that. Banks in my country only know how to deduct certain unnecessary fees even after all they make from your savings. It has become so appalling and it is a good thing that I believe cryptocurrency would create some form of stiff competition for the banks in the long run.

The only thing with cryptocurrency right now is just the high level of volatility which can make it tend to the downside pretty quickly but over time, when things have gotten huge, even banks will feel the impact that they would be begging for savings.

[Clement Kaliyar]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

The main idea behind bitcoin is to have a trust system without the help of a third party trust system (banks) and everyone knows how corrupt and impartial they can be, we have seen that many times in the past and it will happen in the past and so is the only reason majority are trying and being vocal about banks, i do not think eradicating banks will be a long term solution, but everything will co exist in the future.

[HiRollStaff]

Yeah, it is getting a bit old. As is always the case, its almost always more worth your while to spend your energy on innovation rather than dissing the competition.

[yoseph]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

I bet you will be doing the same if you have event been the victim of the greed of some of these banks who just use the money of people for their own profits and then later come with stories of how they have lost all the money and they don’t pay repercussions for anything that they do.

[BLTC]

Well, banks exist as storage of money and for them to lend it to other people who need money. They are just basically agents or middle man. If we can store our money safely and could use it anyware then it will be better. But since banks is the only one facilitating it for the longest time now then we are tied to it. But now we have options. We can actually use many platform now without banks for our daily requirement that serves like a bank. Bank is becoming less important with regards to small daily transaction but it still hold the big tickets. Like, big loan.

[amishmanish]

Sorry my friend you might misunderstand the title of my post. Every BTC fan knows the very basic use of bitcoin. You are correct that BTC provides solution on third party intermediaries.

What I really want to happen is to people should understand that banks are business. It is one of the oldest forms of industry created way back to the old time. Let’s us focus on cryptocurrency development and leave the difference on perception on banks. These two entity are possible co-exist and I think that will be more beneficial to all of us. Stop whining that banks have bad practices you option not to use it.

People who give a criticize banks here without using the topic as a filler are actually concerned about the financial system we are living in. That is where the "Central banks" come in. You need to make a difference between big investment banks, central banks and your usual street-side variety of bank branch that keeps your deposits.

Everyone understands that some form of credit lending and deposit holding is needed. It is when banks become too big to fail and the topmost banks collude with businesses and politicians to ensure that they never have to be accountable for the taxpayers' money, that is where the problems come in. That is why people oppose them.

You may have seen too many posts that say "Banks are bad" without going into the gist of the argument which makes you sick and tired. Go into the real argument and identify the real problem. You may not feel the same then. It is easy to say that they can co-exist but you forget that bitcoin takes away a lot of their power. If you think they are just going to accept this power sharing and not try to subvert bitcoin, then you are simply fooling yourself and getting co-opted.

[lehuong]

if you don't do you like the cash of your amount to send the good budget amount and must be multiple complex, you should enter the bitcoin where you can be many interest by the ico

[Marrionbitcoin]

I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Bank is good for the safety of our money and also it earns interest but only a minimum.Bitcoin and Banks are incomparable that they both have unique benefits that all of us can get from.
For me, Bitcoin is the best way to earn from trading digital currency and I am still hoping that price will rise up too soon.

[GDragon]

It is because how it works, to compete and do a great products by achieving the satisfaction of customers. The competition gives a good result so the bitterness in something will never end.