Which do you prefer, bank or crypto?

[Prosperityforall]

I prefer more crypto than bank,but it seems to me that banks can easily collaborate with crypto like some of them did it with XRP

[Dynamist]

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I prefer cryptocurrency because it has so much more potential of gaining huge profits rather than putting money on banks.
Cryptocurrency charges less than banking system and banks have many policies that prevented certain rights over your own money.

[Broiler78]

I prefer banks, because if there is a problem, I immediately meet the nearest bank to finish as soon as possible. But if crypto takes a lot of days.

[ligerti]

I think that banks are the best solution for keeping money today. After all, in this case, we have the opportunity to defend our rights, fight for a refund in case of problems. But in the field of cryptography there is no such possibility, it is simply impossible to pursue scammers.

[akeda]

For storing money, I prefer at the bank, because in my opinion banks are simpler in handling everything, whereas in crypto it will certainly be more complicated, but it depends on each person which one is more likely which one

[alex3.alex03]

Bank deposits differ from investments in bitcoin in that they have a guarantor in the face of the Bank, but they also have risks and at the same time on bitcoin with a reasonable approach, you can earn much more than investing in the Bank.

[EmmettBrownRu]

In Russia, the maximum that can be obtained from a bank deposit is 25% per annum. For this, you need to open an account with a broker, buy government debt bonds and return 13% of income tax. And in the crypt you can earn an order of magnitude more.

[jzhoulon]

Last year I chose only cryptocurrency. But the constant decline in prices this year made me think that banks can not be excluded.

[AlaEhBTC]

For me I will still prefer bank to store my money because it is more secure rather than storing crypto in a website wallet that is prone to hackers. But, I prefer crypto to gain money that I can store in my bank.

[KingOfWinterfell01]

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I'd rather have some of my money, like my savings, in banks where I know they're safe from all the volatility the cryptocurrency market has and will spend some of my money which I normally don't need to buy some tokens. Never bet everything you have on volatile things.

[martabaktelor]

I prefer crypto because if investing more profitable. Investor trade is a very pleasant thing. The Bank is just the place to save the most money is secure and if we want to benefit certainly will not be able to. Better invest in crypto more profitable.

[67semih]

I would prefer half crypto and half normal banks. So you can make different investments. And this technic can make you safe in the market.

[Jadesola]

Even with fraudulent activities going on in the bank sector,bank will still be preferred over crypto.I can afford to store all my savings in bank but I cannot afford to invest all my savings in crypto because I don't want to wake up one day and discover am back to nothing

[AiloveYouks21]

I prefer banks because they have made regulations and are considered legal by the government while crypto instead.

[beami]

I think if crypto is more profitable than banks, the bank will always provide a small amount of administrative and service fees.
Crypto is more flexible and can trade well, results are also satisfying.

[matico]

Cryptocurrency gives more power to the holder and to the network compare to Banking. Bank works in the interest of it's owner, shareholder and comply with government directives even if it jeopadize the interest of it's customers! I will go for crypocyrrency any day any time!

[Mikcik]

Cryptocurrency gives more power to the holder and to the network compare to Banking. Bank works in the interest of it's owner, shareholder and comply with government directives even if it jeopadize the interest of it's customers! I will go for crypocyrrency any day any time!

In addition, banks and FIAT money are something that can be used in poor and underdeveloped areas. For example, you go to Africa, a continent with most developing countries and crypto is not suitable for all countries here.

[LiteNight]

Banks steal data from you and credit cards? Or your friends? My banks did not steal anything! But I hear a lot of complaints about the hacked ETX wallets and scam exchanges. For example, Exchange WEX.

[ruli stylon]

I prefer it for both. Save long-term crypto like Bitcoin and Ethereum with fast, easy and safe transactions.
While I use the bank for crypto payments or withdrawals to currencies in my country.

[peregar2022]

While I use banks because while they are easier to use but in the future I will switch to crypto-currencies.