Quote from: cryptomaniac_xxx on Today at 11:42:21 AM

Quote from: Coolcryptovator on August 10, 2020, 10:16:31 AM

What's your thought and what's the real situation of your country?

Luckily, I haven't seen this kind of situation in our country, I will just a long line in cases wherein the government will have it's sort of stimulus package, but usually though, some transactions are being done online already.

So I don't think that they are losing faith in the centralised organisation like banks. Maybe the withdrawals is meant to have cash on hand. Yes, cashless is here, but majority still prefer to be paid in cash in markets in buying foods.

I admit there are more withrawals nowadays than making deposits simply because we are currently facing a pandemic and we need to survive from it. This does not means that we are no longer interested in centralized banks because majority are still attached to banks for the safekeeping of our deposits. Although our country is heading into a cashless society soon, but i think people are not yet ready to embrace that big change.