Post
Topic
Board Bitcoin Discussion
Re: Saving asset in bitcoin is much more better than saving in banks
by
Mila52
on 06/05/2021, 20:08:29 UTC
If you look at your case, you choose bitcoin as a form of asset investment based only on the profits earned every month.
My question is, do you still choose bitcoin as a place to store assets if the profit that bitcoin gives is the same as that given by the bank?
For me, I still choose the bank as the main asset depository.
You are all talking about the high volatility of Bitcoin, but 10 years ago its price was worth $ 1. You believe in the stability of the banking system. But there was a time when banks went bankrupt. Also now there are unstable countries with falling economies, where inflation eats up all savings in national currency. For example, in Ukraine, the government closed more than 100 private banks and clients were lost their deposits. So what is the difference between the risks of investing to bank's deposit or investing in BTC?