Do you still use Banks ?

[CryptopreneurBrainboss]

We have cryptocurrency you still use Banks ?
Also i asked money my bank dont give so If the bank don't help me to get rich then i dont need them.
Do you still use Banks ? I'm using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

The banks can't help you to get rich, they aren't there for providing financial opportunity but for managing your money. The banks are enriching themselves with our money because they understand the power of money and those would know how to attract money gets more richer and the banks are very good at attracting money because they promise their customers of their funds been saved with them then they use this funds for their business and generate profit without owning any money.

I still use bank because we aren't that advanced in my country to be able to use cryptocurrency to pay for everything in my country. I don't use the traditional banks though because they're a pain in the ass but I make use of microfinance banks who are more up todate with latest technology to make baking more better

Do you use more crypto or banks for your daily or average transactions ?
Do you have had problems with hackers or someone steal money from your cryptocurrency or bank
Do you think banks not working reliable any more ?

I combine both and I believe that's the best way to go about this, fiats is still king and it's always good to hold some cash as it can help in times of crisis. Currently there's money scarcity in my country because it's tje festive season and imagine not holding cash this period that things get over expensive and bank network is also getting congested because of alot of people using the network. I don't have a problem with hackers stealing my coins, if we followed the right guidelines we won't fall victim to scams. Make use of Non constodial wallets and don't expose our sensitive information to the public or store our keys online. Differential your savings from your spending account and you can use separate wallets for this if you're spending directly with Bitcoin.

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[kawetsriyanto]

We have cryptocurrency you still use Banks ?

In my country, we only can use crypto coins for investment. We can't use crypto coins for paying goods or services. So, of course we still use banks, we need fiats for daily needs. It is impossible to use crypto coins for the payment purposes because it breaks our laws.

Do you use more crypto or banks for your daily or average transactions ?

We use fiats for daily transactions. We pay goods and services by using fiats.
We have crypto coins in the private wallets or exchange wallets for investment. We sometimes convert the crypto coins to fiats whenever we need fresh money. We can't use it for paying anything in our country.

Do you think banks not working reliable any more ?

I think banks function quite reliable in my country. But there are too many banks here, there are too many options for banks. As far as I know, most people in my country still feel satisfied with bank services. The main problem is still related to bank loan interest, but people sometimes have no other choice.

[cryptomaniac_xxx]

We have cryptocurrency you still use Banks ?
The bank online many times not working slow Also i want to transfer fast to Canada to russia i cant do that or india to USA i cant do that i need instantly.
Also i asked money my bank dont give so If the bank don't help me to get rich then i dont need them.
Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

It's because we still can't used our crypto to buy essentials. We need to exchange our crypto to fiat in banks before we can do that important thing. So yes, I'm still using banks, my credit cards. I understand your concern and everyone knows that, and that is the reason why we seldom put our money in banks. But that institution is still very important in my opinion, regardless of our crypto investments.

I teach all my family to use cryptocurrency becouse i dont trust Banks and i think If you can tell your bank mind your business you are scam i told my bank If you not give me loans or credit i dont need you and i close it

Good for you and hopefully your family will have that kind of mindset. Don't get me wrong though, it's better to have more options and have cash in hand thru withdrawing money from banks or ATM and cash is still King. And if I'm not mistaken, even Satoshi didn't think that bitcoin will eliminate the banking system.

[stomachgrowls]

We have cryptocurrency you still use Banks ?
The bank online many times not working slow Also i want to transfer fast to Canada to russia i cant do that or india to USA i cant do that i need instantly.
Also i asked money my bank dont give so If the bank don't help me to get rich then i dont need them.
Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

Do you use more crypto or banks for your daily or average transactions ?
Do you have had problems with hackers or someone steal money from your cryptocurrency or bank
Do you think banks not working reliable any more ?

I teach all my family to use cryptocurrency becouse i dont trust Banks and i think If you can tell your bank mind your business you are scam i told my bank If you not give me loans or credit i dont need you and i close it

Trust banks- Sort of and something you cant really be able to avoid. This is where i do store up my life savings or emergencies but not all of my money being that letting sit it idle on my bank.
90% of those amounts had been applied or being that used on investment on which i dont really like on that inflation that fiat does have. For you to be able to fight off inflation thing then you should really be
wise on making investment and having business as much as possible or simply having more source of income.

When it comes to the issues of those bank transfers then we do know that it is really that instant not unless if there would really be some clearings or what then there would really be having those delays
which do really sucks. The good thing about bank transactions is about having that possible retrieval if ever things do mess up on which it cant be possible with crypto.

Whether we do like it or not, whether we do hate it or not. Banks would really be still existing no matter what. They are highly centralized institution and it is really just that
it cant really be phased out no matter how cryptocurrency would boom out.

[Kelvinid]

I admit that I still use banks to save my money, and I still use fiat money to buy stuff since crypto is not yet accepted in our place.
Honestly, the use of cryptocurrency isn't fully accepted in our country which is us crypto holders to convert it into fiat and save it in the bank. For now, banks are the best option to keep my funds as I was afraid of keeping them online knowing that hackers have been aggressive at least having it kept in the banks gives me some confidence.

[Oasisman]

Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

I'm using both banks and crypto, for my transactions I usually use online banking. Is debit card usually issued by the banks? So, that's basically using the bank, or maybe you're using prepaid debit cards? I'm not sure cause I don't think a lot of people are using prepaid debit cards (at least not in the countries I've known).

Do you use more crypto or banks for your daily or average transactions ?
Do you have had problems with hackers or someone steal money from your cryptocurrency or bank
Do you think banks not working reliable any more ?

-I use online banking for daily transactions but I only use crypto when I needed to have transaction with the other person who also uses crypto and when I needed to transfer some funds to crypto vice versa.
- No, I'm not worried about hackers, I know how to secure my wallet.
- Banks are still reliable IMO as they have adapted into the latest technologies such as online bank where you can transfer and receive money locally real time.

[STT]

More aptly phrased, the banks still use me.  They are the ones making the money out of us and its still not really an option not to use a bank for everyday use of currency.  If you can somehow only have usage BTC and never need to switch back at all then all power to you but thats much harder to do then say, beyond a special test or effort Im not sure anyone manages that.    Only cash notes and only BTC I could believe that far more and yep at that point you might have avoided banks in part though the people you deal with are using banks so its only 1 step away.

[EFS]

There are a lot of different questions that have different answers. Yes, I still use banking system. It's a must, it's hard to live without credit card and bank account. I think it's still too early to go full crypto. I trust banks as much as I should. I try not to keep money in the bank except for my monthly needs. I don't keep a large part of my investments in the bank. I know that in case of a crisis I may not be able to access my money in the bank. Even withdrawing money from the ATM has limits. If you want to withdraw a large amount of cash from the bank, you need to inform the bank in advance. I don't like such limitations. I don't have a lot of money but still these restrictions are not nice, it makes people feel uncomfortable with their own money.

[ancafe]

There are a lot of different questions that have different answers. Yes, I still use banking system. It's a must, it's hard to live without credit card and bank account. I think it's still too early to go full crypto. I trust banks as much as I should. I try not to keep money in the bank except for my monthly needs. I don't keep a large part of my investments in the bank. I know that in case of a crisis I may not be able to access my money in the bank. Even withdrawing money from the ATM has limits. If you want to withdraw a large amount of cash from the bank, you need to inform the bank in advance. I don't like such limitations. I don't have a lot of money but still these restrictions are not nice, it makes people feel uncomfortable with their own money.

I will suffer when I do not use the current bank system because it carries a small amount of cash that can threaten safety, because the environment around us often occurs robbery and extortion. Some people have different views on banks but we also have to be realistic, that at this time only the bank system that we have can facilitate access to money sending for business and others. I also have the same view as you that using a bank is only for needs and not save large amounts of money as a life savings.

This system does have a level of weakness both when using ATMs and sometimes we are busy with a network that is so slow. Back again for each individual and how they interpret the needs of bank users because for now we still need a bank as a step of life that is a bit easier.

[Qiubell5]

-Snip-

To be honest, I personally also agree with your opinion. Because cryptocurrency is better if used for transactions between countries. Because one of the advantages that can be obtained from transactions between countries using crypto is low costs and fast arrival. So making transactions using crypto is highly recommended. But even so, cryptocurrencies also sometimes have some problems. Like a stalled transaction. So there are drawbacks too.

[Samlucky O]

We have cryptocurrency you still use Banks ?
The bank online many times not working slow Also i want to transfer fast to Canada to russia i cant do that or india to USA i cant do that i need instantly.
Also i asked money my bank dont give so If the bank don't help me to get rich then i dont need them.
Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

I think there is a big need to use the local banking system. Both works hand in hand. Crypto is crypto, bank is bank. We need bank to get physically cash for daily transaction or to convert crypto to fiat to use it as a transaction fee to purchase goods an services from those who don't accept crypto currency.

[boty]

More aptly phrased, the banks still use me.  They are the ones making the money out of us and its still not really an option not to use a bank for everyday use of currency.  If you can somehow only have usage BTC and never need to switch back at all then all power to you but thats much harder to do then say, beyond a special test or effort Im not sure anyone manages that.    Only cash notes and only BTC I could believe that far more and yep at that point you might have avoided banks in part though the people you deal with are using banks so its only 1 step away.

Yes, I really agree with what you say, that banks are the ones who use our money to make a profit for them, maybe for some people who have no other choice in this case they only use banks for their money transfer needs and they have little to save the money he has in the bank.
In this case, of course it really depends on each individual's choice because some people who are not yet familiar with Bitcoin still keep their money in the bank because they have no other choice.

[idarasun]

I admit that I still use banks to save my money, and I still use fiat money to buy stuff since crypto is not yet accepted in our place.
Honestly, the use of cryptocurrency isn't fully accepted in our country which is us crypto holders to convert it into fiat and save it in the bank. For now, banks are the best option to keep my funds as I was afraid of keeping them online knowing that hackers have been aggressive at least having it kept in the banks gives me some confidence.

Yes, I agree with saving in the bank. This is different from saving in BTC or the like, this will be very risky, especially if the price of an asset falls and you don't know when it will rise.
So I think if possible I would put my money into various properties and things like that. Because it will minimize losses and will even be very profitable in the future, especially in urban locations.

[Dr.Bitcoin_Strange]

OP, it's never possible that you can generally spend cryptocurrency like you would your fiat local currency. The reason is that not everyone is going to accept crypto for their service. Perhaps the only popular crypto that most people are beginning to accept for payment is Bitcoin. Apart from some casinos that accept different kinds of cryptocurrency, most other individuals only accept Bitcoin for their service.

You actually need a bank to be able to access your local currency so that you can pay for any service you receive, which does not allow you to pay in cryptocurrency. It is very fast and reliable to easily send payments cross-border with Bitcoin or any other cryptocurrency, but a bank is still needed to cash out your cryptocurrency in your local currency for you to be able to send it to you.

[Marykeller]

We have cryptocurrency you still use Banks ?
The bank online many times not working slow Also i want to transfer fast to Canada to russia i cant do that or india to USA i cant do that i need instantly.
Also i asked money my bank dont give so If the bank don't help me to get rich then i dont need them.
Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

Yes, I use the bank as it is the most readily available option in my country when it comes to buying and selling goods using fiat as an exchange. In my country, crypto is not commonly or publicly accepted for use in business or running transactions. What we do most with it, is to have it as a store of value for future investment. While fiat is highly in use in our day-in and out activities for survival. 

Therefore, banking does not make one as old as you think because it serves as a necessity to have a bank account and it can also meet up with digital means of sending money from one country to another  

[Nerdy doctor]

I admit that I still use banks to save my money, and I still use fiat money to buy stuff since crypto is not yet accepted in our place.
Honestly, the use of cryptocurrency isn't fully accepted in our country which is us crypto holders to convert it into fiat and save it in the bank. For now, banks are the best option to keep my funds as I was afraid of keeping them online knowing that hackers have been aggressive at least having it kept in the banks gives me some confidence.

Cryptocurrency is not accepted in majority of countries and banks are still very important today. They’re still important as they’re there to help manage and keep customers money safe. Loving bitcoin and pushing for its growth doesn’t mean you shouldn’t use fiat. After all, it’s what being widely acceptable and used in the exchange of goods and services.

Banks, along with fiat currency is what almost everyone uses. Including bitcoin holders.
Banks are probably the best place to safeguard your money as keeping large deposits of money on your person and at home is extremely risky.

[puloweh555]

I admit that I still use banks to save my money, and I still use fiat money to buy stuff since crypto is not yet accepted in our place.
Honestly, the use of cryptocurrency isn't fully accepted in our country which is us crypto holders to convert it into fiat and save it in the bank. For now, banks are the best option to keep my funds as I was afraid of keeping them online knowing that hackers have been aggressive at least having it kept in the banks gives me some confidence.

Currently, the existence of banks cannot be separated from everyday life to store emergency funds, to transact daily needs and so on. So I also still use banks because transactions using crypto are not available in my country. Apart from that, my country also prohibits transactions using crypto and even if caught I will be jailed for violating the law.

But the last part I don't agree with you, for me the bank is only for carrying out transactions, but to save money I invest in Bitcoin, there are risks such as hackers, but we can prevent this by using a trusted wallet and always being careful in saving our wallet phase. Because Honestly, it's not just about feeling confident about putting money in the bank. What about the value? Effect of inflation? Like it or not. the solutions provided by bitcoin cannot be underestimated. Time will surely tell how much of a crime banks have committed against us.

[WillyAp]

Sure mostly use Debit or Creditcards.
Do you really believe that the majority of the people pay and get paid in Crypto or Bitcoin?
I think the number of crypto enthusiasts is greatly inflated.

[alankasman]

We have cryptocurrency you still use Banks ?

Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

In my understanding, there is no need to be surprised that as long as crypto payments are not legalized by a country, so long as people still use banks and I am here to this day still using banks.
People are well aware that the bank system is too complicated and often not what we want even though the money stored in the bank is ours.
If I want to make a transaction without using a bank to another country, I can do it using crypto without needing to announce to the relevant parties that I am doing it.

[Eternad]

We have cryptocurrency you still use Banks ?

Do you still use Banks ? Im using only cryptocurrency debit cards and they always work better than bank.
So Im still surprised If anyone still use Banks they are old

In my understanding, there is no need to be surprised that as long as crypto payments are not legalized by a country, so long as people still use banks and I am here to this day still using banks.
People are well aware that the bank system is too complicated and often not what we want even though the money stored in the bank is ours.
If I want to make a transaction without using a bank to another country, I can do it using crypto without needing to announce to the relevant parties that I am doing it.

Aside from this, the OP probably didn’t notice that bank is still involved even on crypto debit card that he is using since this payment processor is partnered with bank just to make the crypto debit cards to withdraw crypto to fiat.

Using bank is inevitable because crypto is not a legal tender globally. Maybe we can’t use bank for storing most of our funds because we can’t flush out of the system the use of banking system when fiat is still involves to spend our crypto.