pixie85
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November 29, 2020, 10:42:55 PM Last edit: November 29, 2020, 11:10:04 PM by pixie85 |
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What is the point of this thread? I have many things that I like and trust. Should I start threads about every single one of them?
Let's spam the forum and start threads like: I like ice cream. I trust my neighbor. I don't trust bitcoin, what are you going to do about it?
Nothing! Your life, your choice. To be honest my parents also trust banks more than bitcoin. Do I do anything about it? No.
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cryptoboss2020 (OP)
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November 29, 2020, 11:24:42 PM |
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What is the point of this thread? I have many things that I like and trust. Should I start threads about every single one of them?
Let's spam the forum and start threads like: I like ice cream. I trust my neighbor. I don't trust bitcoin, what are you going to do about it?
Nothing! Your life, your choice. To be honest my parents also trust banks more than bitcoin. Do I do anything about it? No.
Why you acting defended? Im saying that I trust banks becouse there person or persons whos liable
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noorman0
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November 30, 2020, 05:09:45 AM |
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if my assets are no mine...allright but then they should say this to me before i hold my assets in their bank lol:D its same kind of nonsene like not your keys not your bitcoins....im customer and i im the king they provide only the holding service ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i cant belive this nonsense:D but somehow jeff bezos bill gates and all those guys are rich.,.and they dont hold money under their bed in the bank i dont belive that banks can not be trusted if they dont rob the bill gates then why would they rob me ? if i see bill gates will not hold his assets in bank then i would worry about until world richest people use banks i dont woryy about it. How do you know "those guys are rich" keep their money in the bank? What do I know and if you look at it from their career, their wealth is mostly held in the form of company shares and measured by their value. Keeping money in the bank won't make it reproduce. Bitcoin and banks cannot compare to the issue of trust, because bitcoin is not a service. You should ask about freedom. I would not believe that all bitcoin users have never dealt with a bank or even kept their money.
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This space for rent. Available in mid January 2024 - PM me
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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November 30, 2020, 07:43:27 AM |
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What is the point of this thread? I have many things that I like and trust. Should I start threads about every single one of them?
Let's spam the forum and start threads like: I like ice cream. I trust my neighbor. I don't trust bitcoin, what are you going to do about it?
Nothing! Your life, your choice. To be honest my parents also trust banks more than bitcoin. Do I do anything about it? No.
I guess every now and then, we've to put up with shill threads (this is a shill thread, I know it's not obvious but after a while it will be when the guy starts talking about some bank alt or something). It's not completely unrelated though I guess. We all love Bitcoin but I still have most of my money in fiat simply because I hate my government but I know in the end if I have no money and need a pension etc it's still them most likely to help me than Bitcoin!
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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November 30, 2020, 08:14:42 AM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) If bitcoin Goes down who you gonna call?No one but your self. Because Bitcoin is Ours and need no one to handle this for us.But why not tell us how much you may gain if your money Stays in bank for 10 years? And then ask your self again if How much the possible Income of your Money if invested in Correct currency? Anyway since you Love Banks and bankers?then why not Go with them and stop Posting thread in this forum lol.
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Innerpumper
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November 30, 2020, 08:38:50 AM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) Bitcoin can also grow even better. Nowadays too few people believe in bitcoin. However, if the bank accepts a deposit with this type of bitcoin (although it is very unlikely to happen) this will be the best of your problems. please note that you must also put the password utc file, or private key to the person you trust. if you want to bequeath it.
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Sasanaka
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November 30, 2020, 01:53:00 PM |
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Indeed you can call the bank if you have a complaint, surely you will get an answer. And if bitcoin goes down you can ask your friends who understand better, at least it can ease your worries.
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cryptoboss2020 (OP)
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November 30, 2020, 01:59:14 PM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) If bitcoin Goes down who you gonna call?No one but your self. Because Bitcoin is Ours and need no one to handle this for us.But why not tell us how much you may gain if your money Stays in bank for 10 years? And then ask your self again if How much the possible Income of your Money if invested in Correct currency? Anyway since you Love Banks and bankers?then why not Go with them and stop Posting thread in this forum lol. In crypto im in only for money! Im not exited about blockchain Not exited only exited to see money! I dont trust this fully becouse Something what I dont have Control over I simply dont trust. And banks and bankers well If something goes wrong there is always some person who will have the all the answeres. Bitcoin Satoshi dont even exist, even ethereum is good until buterin are still alive at least you have person who will answeres all the questions. In the Financial or business Everything start with liability and responsebility! Responsebility and liability are bonded with persons. So If something goes wrong with your bank you dont look the gray bank building asking... You look the CEO the staff whos working there! I Can't belive I have to repeat this even
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Japinat
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November 30, 2020, 02:20:53 PM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... If your bitcoin goes down then probably just your own fault, you are your own bank as bitcoin exist in a decentralized market, and we don't have insurance with our holding unlike banks. so we have to realized that. I think we should not compare banks against bitcoin as they have their individual purpose, and they are both useful. so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:)
I respect that, same here.
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kentrolla
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November 30, 2020, 02:43:55 PM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) Quite funny now even banks are supporting crypto currency I will share you the link for sure kindly have a look on it and how it works, secondly banks are providing coins only to their customers where as anyone can buy and sell Bitcoin. This is inclusive in most of the US banks and this will be keep going. https://www.americanexpress.com/us/foreign-exchange/articles/us-banks-support-cryptocurrency-payments/
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Noctis Connor
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November 30, 2020, 03:06:36 PM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) A big what? Bitcoin go down? Of course not because bitcoin is per to per transaction as long as their people who uses bitcoin then it will keep running , not unlike in the bank of course they need to make up some maintenance or system upgrade and you cannot even call the customer service, This is why people choose bitcoin over bank , also they can hack your bank account and it is like nothing happened not in bitcoin wallet you have your full power to control it.
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#dhabitamartha
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November 30, 2020, 03:54:12 PM |
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The bank is indeed a structured organizational chart structure where there are tellers and bank directors and here the company is friendly in serving every financial customer and always provides the best service and is responsible for all problems with customers face-to-face or voice. , while bitcoin only works on an anoim per to per basis where all finances are their own responsibility and presented in the app wallet regardless of where they work, it is like serving itself. but each has its own advantages between banks and bitcoin, bitcoin globally and quickly exchanges and sales without a lot of queues, while our banks as customers must be patient when making transactions, this is a visible difference.
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lifeforcepools
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November 30, 2020, 04:18:26 PM |
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If you trust banks, you don't know how they work. This system has long since rotted away.
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zasad@
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November 30, 2020, 04:37:09 PM |
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I Can't belive I have to repeat this even
cryptoboss2020 doesn't trust cryptocurrencies ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Statistics and polls show that every year more people trust bitcoin https://tokenist.com/bitcoin-survey-2017-vs-2020/"Results Our results showed a significant increase in positive sentiment regarding BTC as a long term store of value. Over 45% of respondents preferred Bitcoin over stocks, real estate, and gold. 61% of the total respondents (and 78% of millennials) are now somewhat familiar with BTC, and 14% of millennials have owned the asset. 60% of respondents felt that Bitcoin is a positive innovation in financial technology, an increase of 27% in three years. 47% of respondents trust Bitcoin over big banks, an increase of 29% in the past three years. 43% of respondents, and 59% of millennials, feel that most people will be using Bitcoin within the next decade. In 2020, 44% of millennials report that they are likely to buy BTC in the next five years. More than one in three millennials would hold onto Bitcoin they are given, while a slightly smaller number (27%) would immediately sell it. 39% of male millennials now have no problem with the intangible nature of BTC, and a quarter of millennials as a whole report the same attitude. Just 24% of millennials think that Bitcoin is a bubble, though 50% of the over-65s do."
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passwordnow
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November 30, 2020, 09:05:17 PM |
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You are familiar with bitcoin and you know that it is a decentralized cryptocurrency. Why ask a question that you're making yourself confused with? You need the banks, that's okay and if you need bitcoin, just buy it on the exchanges that you need. And if you find trouble upon your purchase, contact the exchange and no other than them. That's it. Don't make yourself put into a crazy situation.
The decentralized is not secure enpugh word for me I Trust bank as I trust government and laws! If im dealing with legit institutions I Can always ask the questions! And most likey I get liability and proper answeres for the questions im asking Also Bitcoin are not some Independent entety its depend on exchangers like binance a lot. Do I trust exchangers? Off Course not!! If you want some questions about bitcoin, you've got the community to answer any of your questions. Experiences, technical aspect, about transactions and other stuff. The community isn't sleeping, as long as somebody sees your question, we'll answer it as long as we know what you're asking. Well, you've understood that bitcoin is decentralized and it doesn't depend on the exchangers. You can also buy from individuals and it just so happen that it's more convenient to buy through exchanges, you have an option to buy through decentralized exchangers.
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Welsh
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November 30, 2020, 09:08:38 PM |
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Over 45% of respondents preferred Bitcoin over stocks, real estate, and gold. 61% of the total respondents (and 78% of millennials) are now somewhat familiar with BTC, and 14% of millennials have owned the asset. 60% of respondents felt that Bitcoin is a positive innovation in financial technology, an increase of 27% in three years. 47% of respondents trust Bitcoin over big banks, an increase of 29% in the past three years. 43% of respondents, and 59% of millennials, feel that most people will be using Bitcoin within the next decade. In 2020, 44% of millennials report that they are likely to buy BTC in the next five years. More than one in three millennials would hold onto Bitcoin they are given, while a slightly smaller number (27%) would immediately sell it. 39% of male millennials now have no problem with the intangible nature of BTC, and a quarter of millennials as a whole report the same attitude. Just 24% of millennials think that Bitcoin is a bubble, though 50% of the over-65s do."
I think we can all come to the conclusion that Bitcoin as a technology, and currency is safe. The encryption stands the test for the moment, and there's currently no known major exploits, and only some history of certain vulnerabilities being exploited, and usually corrected. However, Bitcoin certainly isn't bulletproof, but its probably as good as it gets. The real issue, is the person themselves behind the tech. How good is their security? Because, honestly looking at a average persons security, they should not be trusting themselves to handle significant amounts of Bitcoin. It's cliche at this point, but the person themselves is definitely the weakest link, just like that person handling your money at the bank is. Its why social engineering is so successful, especially to those that aren't clued on. Most bank employees go on courses, regularly to assure they are aware of the risks, and different attacks. The normal person securing their Bitcoin, isn't doing this. So, the age old debate of whether Bitcoin is safe to handle for a average person, really does depend on the person in question.
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jerrison
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November 30, 2020, 09:45:06 PM |
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I feel both could be trusted, in as much as its easy to access the bank and get atteneded to almost immediately. bitcoin functions on a decentralized platform which makes it easier its a p2p transaction no third party needed you control your assest therefore not needing any costumer care services.
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BuNga_cute
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November 30, 2020, 10:05:33 PM |
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You are free to choose what is comfortable for you, if you really trust banks more than Bitcoin, that's your right. Because there is no compulsion to choose Bitcoin, but because you are on a Bitcoin forum, I am sure that many do not agree with your opinion. Most of the members of this forum want decentralization which banks cannot provide. Whereas you do not have a problem with the bank accessing your finances, so this discussion will never end. So go ahead and do what you want, because it's your choice.
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BALIK
Copper Member
Hero Member
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Merit: 605
🍓 BALIK Never DM First
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November 30, 2020, 10:48:11 PM |
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so what we do about this? and im still in bitcoin forum ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) I find that for small amounts banks might be easier to deal with but for larger sums that system starts failing also. In my opinion, at least with crypto you know that you're in control of your own money as you're the only key holder, whereas with banks you have no control whatsoever. So whether you choose to keep that crypto on exchanges on a hardware wallet depends on your own risk type and responsibility. Because of this there is no way banks are more trusting than crypto, crypto is even safer if you keep it in cold storage, with banks your money isn't always yours and the chances are higher you'll lose your capital, specially when you got to deal with larger sums.
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Mike Mayor
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November 30, 2020, 11:02:55 PM |
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Why don't you just leave? All you do is spam. You are unwanted don't you get that?
This person is an idiot just read this extract
"In crypto im in only for money! Im not exited about blockchain Not exited only exited to see money! I dont trust this fully becouse Something what I dont have Control over I simply dont trust. And banks and bankers well If something goes wrong there is always some person who will have the all the answeres."
Penny pinching idiots. Doesn't understand the technology. He is a fiat slave.
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