Quote from: Shreek on November 04, 2018, 08:17:34 AM

as long as the bank can't be transparent, we all don't know what they are doing with our money
whereas with the blockchain, it might be able to help us in tracing the flow of funds that we save in the bank, provided the bank has adopted blockchain technology

You do actually know well what the banks do with your money, they build their own fortune and give
You a tiny percentage and say that what they do is just business, they are somewhat right in many
Perspectives but what they don't tell you is that what you are getting by leaving your money with them
Is really a small percentage of what they're making themselves. let's see what is the best thing a bank
Can do? basically a bank would give out loans with high interest with a solid collateral worth more than
The actual loaned amount. what banks have is the support of governments, if you don't pay back the loan
They will have your collateral liquidated but if you were to do this on your own, you'd never be able to
Legally liquidate a collateral because the law doesn't allow you to act like a bank. banks never really keep
Your money inside their vaults, they constantly spend your money over and over to keep their own profit
From your money, all you do is that you give them your money because you are too stupid to work with
Your own money and earn all the profit, banks only work if there are enough stupid people in the world.
Is your money safe with them? absolutely because they are smarter and you are not.