Which do you prefer, bank or crypto?

[Jiyens3]

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?

of course cryptocurrency because it is less hassle, fees, and shits like what is in the banks. the only problem is the voalatility that is unpredictable sometimes but overall i go for crypto.

Though bank is most trusted one with individuals but the money we invest is not much higher earning due to the stable prices that arenin lower rate while crypto has a good potential to grow money because market has no limited in fluctuating which it's also trusted..

I know that first bank had indeed been a long time I use it. but the last couple of years I started to use many Cryptocurrency, and Cryptocurrency are also capable to reliable and produces far greater benefits in the future. so very nice to put Cryptocurrency.

[_Legendary_]

I more prefer crypto than bank, with Crypto I had the chance to become a successful and wealthy person, I dared to invest around $ 1,000 at the beginning of the year and hoped the end of the year would be $ 10,000 and continue to grow, there had been many success stories about crypto so I was sure I could get rich someday.

[Dmitry_K]

Today, crypto technology can not replace banks. If we talk about investments, the crypto market allows to get more profit, but we should not forget about the high risks in crypto currencies.

[lrvjvt]

You are asking this question in the BTT forum now, so we don't have to answer it. The answer is already obvious. Only those who love cryptocurrency will communicate here.
If you want to answer more deeply, you should ask: "Decentralization or Centralization,Which is better ?"

[kanmo]

I will categorically tell you that I prefer crypto to bank. If I save my money in bank, its 100% possible that there will be reduction in my balance as a result of bank charges but if I invest my money in crypto, its possible I make profit on my investment. Therefore as a risk taker, I prefer investing my money on crypto than saving it in bank.

[nikitakittt]

This or that method has its advantages and vulnerabilities, as for example in the Bank money can be under reliable protection and insured, but at the same time your Bank account is open to the public and the Bank may require you to explain for suspicious transactions. And the crypto-wallet can be downloaded to a flash drive and worn in a pocket or hidden and no one will know about it

[Huntler1993]

As you rightly said  all comes with some level of scams no matter what you do so i will go in for crypto instead due to the maximum profit its likely to provide which banks are not capable of.

[PrestonTrader]

unfortunately, ordinary money has not yet been abandoned - as there are no usual needs, the gas is petrol - taxes .. some still have to pay.

[ramsankadirov1345]

On data the moment I prefer cryptocurrency. The banking system became outdated and I do not accept its work. The cryptocurrency much more riskovanny, but also it can bring much more percent a year.

[PrestonTrader]

therefore banks can be said to be a necessity. Of course, my crypto is my choice - there are even things motor can buy on them. but not all - the world has not yet received a crypto as it should - we are waiting for living investing

[PrestonTrader]

yes, banks have outlived their selves - this is true - I’m doing everything with crypto, I can even say that in spite of the banking system - they enslave ordinary people with their Crydites. as already mentioned in another thread, hidden inflation taxes, exorbitant fees. even this is not enough - putting your money in the bank is not just easy to take it from there - 100% will be losses. and the interest that is charged is ridiculous

[PrestonTrader]

On data the moment I prefer cryptocurrency. The banking system became outdated and I do not accept its work. The cryptocurrency much more riskovanny, but also it can bring much more percent a year.

I fully agree - it is a pity that not all people still entrust crypto - of course the media is also guilty of monogram, for example, in ICO SKAM PROJECTS. but in general the bank is dying!

[zabir.brutov]

It depends on a situation. If you are speaking about the daily payments, I would prefer bank. Because crypto currency isn't comfortable enough for payments. If you are going to transfer a huge sum of money, I would prefer crypto currencies.

[Haxor321]

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?

For me, I prefer choosing bank because we all know that most of the people today prefer bank in a reason that their money was become good and earn some profits. Eventhough the earning part wasn't that good or fast as the crypto, it is sure and it is so positive. Bak is quite safer than crypto too.

[Yatsan]

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?

Each serves its different purposes, but i prefer crypto more, because of the immense benefits attached to it. Crypto will enable you to have full access and control over your assets. I have also seen so many crypto enthusiasts who prefer crypto more.

I also prefered crypto over bank because we all know that eventhough sometimes we experience scam or a big loss in crypto we may get it back and earn some by means of hardwork. In a one earnings in crypto the price lr value is good. It is very good to chpose crypto in your earning platforms because it is sure and it hs a good possobility of getting rich.

[iljamlnk]

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?

Very interesting and twofold question. If we compare Russian banks and cryptocurrency, I would choose cryptocurrency, and if, for example, Swiss banks and cryptocurrency, I would invest in a Bank. And do not forget that deposits in cryptocurrency are associated with very high risks.

[jayendo]

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 think that all the same, cryptocurrencies have not yet reached such a level and now they can not act and perform the same functions that banks perform. So far I use the services of banks much more often than cryptocurrencies

[Siegtal81]

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?

It depends on the currency. For example, if you are going to store Euro, you should be very careful, because it is pretty unstable. In the same time XRP and ETH are stable too, but they depend on the overall market situation very much. Choose wisely!

[masterfu678]

Banks are more comfortable as for me. It is challenging to find a place that will accept BTC as the payment method, especially in Europe, so I think that cryptocurrencies will be loosing this fight until they are going to find something as comfortable as credit card.

[so_stupid]

for storing the money I earned - I will certainly choose a bank. Now I have got a serious and well-paid job. And I do not intend to sit and worry for my money in cryptocurrency.