True. Here in my country, you can still see long lines outside the bank which means a lot are still trusting banks and still prefer to save more than spend and invest. That's because not all investments are safe and profit guaranteed, and some may not have the total knowledge and confidence yet to invest their hard-earned money.
But the best combo here is still to save fiat and invest into bitcoin and diversify your assets. Inflation will always be there, you just have to think of ways to hedge against inflation.
I'm just wondering why people will queue up in banks, I'm not sure that are investment purpose. Maybe that's a vicinity with limited banks. A bank premise is not suppose to have more people lining up except if they have a service they are running for some group of people and most times they don't last more than a week or month depending on the kind of people they are offering the service and the number of people that need such services.
We really have people that are banking more here. If you see a person that is not having their money on savings have used it to buy agricultural produce and are hoarding waiting for when the price will be expensive so they can sell and once they are done selling their investment, the money goes back into banks again, they sit and wait there for some times until harvest time again before they push back money into bank. As for regular business people, they do banking and savings almost everyday. Even the crypto bros has money in their savings in banks for use.
