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Author Topic: What's it like to live on crypto instead of Banks?  (Read 2153 times)
Kevondo
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October 09, 2019, 06:10:42 AM
 #341

Imagine living your life without depending on Banks ever again. Using only cryptocurrencies such as Bitcoin or Ethereum, you can make your own income stream and use the coins earned to buy stuff from merchants who accept them. Every day, cryptocurrencies have been going closer towards full mainstream adoption. However, there are still some things which prevent crypto from being used over traditional payment systems we've been accustomed to for a long time.

Nonetheless, what's it like to live only on crypto instead central-bank issued fiat money? Cheesy
Having the chance to live in a world where crypto alone exists without any presence of banks would promote greater convenience and an assured control of your money. Though we cannot really testify how successful and beneficial to all, if we are going to observe and analyze properly how the system works, we can atleast be more confident that the world would have a better monetary system with it.
Since every country in the world is not having same kind of economy, technology and people. Because of this, we cannot treat every country in the same way regarding crypto currency. We shall make both crypto and fiat available in any country that wishes for better future or where people are in favor of crypto.

 
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October 09, 2019, 03:35:02 PM
 #342

Well, I feel so happy and relax. This time I will never trust bank also I won't save money on them. If you save your money on banks you are just helping them become richer. They only give small interest in our saving then they use it and offer loans to people with a higher interest rate. Bitcoin is the answer to all my problems. But we should always know how risky it is and also we should know the buying point at all times.

 
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October 09, 2019, 08:21:44 PM
 #343

Well, I feel so happy and relax. This time I will never trust bank also I won't save money on them. If you save your money on banks you are just helping them become richer. They only give small interest in our saving then they use it and offer loans to people with a higher interest rate. Bitcoin is the answer to all my problems. But we should always know how risky it is and also we should know the buying point at all times.
For me personally, banks have never been a huge problem, because I never took a loan from a bank.  All the people who contacted the bank are themselves to blame for this.  In any case, today with the help of cryptocurrency I can get a good and stable income, but nevertheless I use fiat currencies in everyday life.  Nevertheless, all payments on bills also occur with the help of banking institutions.  Perhaps the only good opportunity that the Bank gives today is the opportunity to choose good conditions for deposits that are still not available on the cryptocurrency market, because there are no favorable conditions.

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