Quote from: wahb on March 03, 2017, 11:58:01 PM

Quote from: President79 on March 03, 2017, 10:37:37 AM

Quote from: Babayega31 on March 03, 2017, 09:55:14 AM

I don't have any reasons not to trust banks because as far as I know, banking storage of money is reliable and many business owners deposited their assets on a savings accounts they have for fiat cash money. Well if we ignore trusting banks its not worth earning btc because we can use fiat cash money, to exchange it from digital currency to fiat currency by using online wallet which has an option for bank cash-out.

Yes correct, let alone all the bank supervised and guaranteed by the State, of course we never doubt that the bank has a high level of trust, and as my experience, I have never been disappointed with the bank, all transactions are transparent.

yes that is right o say that even private banks are working under the control and supervision of the governments. and we are mostly use bitcoin not only for depositing oa withdrawal of money. but there are so many options for which we are using bitcoin in which the payment of utility bills are also present.

That is possible because your exchange sites had partnerships with some companies and that is a good move for them to retain their customers. But if you look at the deeper since, it's not what defines the comparison of banks and bitcoin. Banks is regulated by the government while bitcoin is not, that said, they have different risk but bitcoin is riskier since we are living in a world where government govern the people.