Right. And instead, we made the bank rich because they only gave us low interest for our savings but when it comes to loan they gave us high interest, well in fact it is our money whom they utilized. They're earning higher interest out of our money.
Agree. While Banks won't make you rich anytime soon, they'll become richer the more money you put in them. With low interest rates, it's not practical to store your money and achieve great results in the long term. In the end, they'll become richer, while you become poorer due to fiat's inflationary model. That's why, it's best to look for other options that will make you rich, instead of depending on a bank.
With cryptocurrencies, you could be your own bank, as they give greater interest rates and security than a bank itself. If you manage to invest into cryptocurrencies such as Bitcoin and Ethereum, and use a hardware wallet for security, then you could achieve greater results over your financial stability in the future. Before you know it, you'll become rich at a fast pace with cryptocurrencies than banks, since the whole cryptocurrency ecosystem is highly rewarding. Factors such as volatility, and stake rates, will make you richer over the long term. Just my thoughts
