Post
Topic
Board Economics
Re: You should never trust banks
by
Japinat
on 10/01/2017, 07:00:33 UTC
Of course we shouldn't yet many people still turst them
More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever.
Lol why should not trust the bank? true almost everyone on earth depends and use the bank. with the bank we get the ease of transaction-distance and other advantages?

Talking frankly people will put their trust to banks rather than with bitcoin. As we know banks are already operating for so many years and helping people with their services such as with loans, savings and other things that can help an individual for investment. There is no reason that we shouldn't trust banks, they are even reputable for they are supported by the government.
That's self explanatory, bitcoin is still young and we are still in the adoption phase. Fiat on the other hand is leading in the world as a legitimate currency for any transaction. Non trusting the bank is like not trusting the fiat system, if one can live without fiat then I can simply say that he does not trust banks, but the question is, is it possible not to use fiat to have a comfortable life?