Post
Topic
Board Economics
Re: You should never trust banks
by
Positid
on 15/12/2016, 03:57:58 UTC
Bank can trusted but as for bitcoin is one currency that can not be trusted with the bank because they can always have their way in control of it so i really can not  trust the bank over some a month of money but i trust bitcoin over all transaction of money  it is fast and is very easy anywhere you can do your transaction

Bitcoin is not related to banks at all, banks has nothing to do with bitcoins, there is not banking system that asks you to deposit your bitcoins there if you have, they can never insist you on this even if they have any services like this because they wont come to know about your bitcoin possessions.

Bitcoin and banks have difference in usage, but banks are the traditional finance management supporters. Without banking system we might be living back to some ages of civilization. Now as a alternate based upon requirement digital currencies have evolved for which we should not have a negative trust upon banking.

Agree! Not trusting banks, but trusting only Bitcoin might not be a good choice. Without Banks, local daily tasks cannot be performed.
Not trusting bank is tantamount to saying you are not using fiat, you will know that later. Don't put your everything with bitcoin, put some doubts as you might regret it later if something bad happen with our investment or in bitcoin.