One of the biggest reasons that I love the idea of BTC and crypto in general is because I hate the unpredictability and inflationary nature of fiat money supply. If it were up to me, we would get rid of the US Federal Reserve and go back to a gold standard or completely adopt crypto. But one of the other big reasons that people seem to gravitate towards crypto is the hatred of big banks. I'm wondering why that is. I use Chase and I never have to pay any fees to wire money, move money around my accounts. Yeah, the bank pays out only tiny bits of interest but I don't feel like I'm getting robbed by these banks in any way. When I need to transfer money, I use PayPal, when I have to buy stuff I use my credit card and I get points for it. I just don't see why this community has this hatred towards big banks so I'd love to understand some of the reasons people have.
First of all you said if it were up to you, that you would get rid of the US Federal Reserves and go back to Gold standards or completely adopt crypto. Tell me, doesnt that highlight you as one of those having hatreds for banks?
Secondly, how do you think it is possible to carry out wire transfers or use western union services without being charged some fees? And how do you get points for making use of your credit card? Quite interesting. Seems like your bank is one that has an ambition to lose in future. Well, I dont hate banks. I even fear to keep my money in cryptos and prefers banks as the safest place to store my wealth.