Post
Topic
Board Bitcoin Discussion
Re: Who to Trust, Fiat Banks or BTC?
by
illnino
on 10/08/2021, 06:32:15 UTC
If I'm honest, the traditional banking system is still very much needed here and of course it has more trust from the public, even though there are often problems with the bank.  BTC is still not very familiar, and only known by certain circles.
I personally for now still believe in traditional banks, because I still have money in the bank and of course I still really need it. BTC also gives me great hope, about security, convenience and most importantly I can make a profit.
Between traditional BANK and BTC, I haven't been able to leave either one, and I still have great faith in both.

Now we can’t use bitcoin as the means of payment, so we still need banks, you are right about this. At present, we use Bitcoin as a speculative asset, we invest in it, but we can’t use it as money.
What comes to banks, I hope that crypto will replace them one day. Banks are not honest places. There are people who work there. In term of blockchain, we trust not people, but technologies.