Quote from: ChiBitCTy on June 19, 2020, 03:25:42 PM

Quote from: Agios on June 19, 2020, 02:13:15 AM

According to the cyber media Tokenist, based on the results of their survey not long ago. The survey involved 4,852 respondents from 17 countries. According to the survey the number of people who trust Bitcoin more than large banks, increased by 29 percent in the last three years. The survey also showed differences in the generation's views about Bitcoin and traditional banks. 51 percent of millennials trust Bitcoin more than traditional banks.

Well this simply isn't true, unfortunately. This is a really small sample size first off, secondly most people still trust banks and have no clue what actually goes on inside the banking system. I wish people would educate themselves more but they simply don't.

Most of the people are educated on traditional system that's why it's easy for them to trust it since this is running good for more longer years and this new system introduced is quite risky specially it is advertise on some medias about involvement of frauds so we cannot blame people to mistrust people and honestly even if I am a bitcoin user still I go with the banking system for now since here I can sleep with cool since my money is safe from volatility.