Lately I think it is better to invest in bitcoins than depositing money in the bank. Day by day people have lost trust in banks. It is heard that many banks are going bankrupt and closing down.
I have yet to witness these signs in my country. Indeed, it is true that some lesser-known and less competitive banks often open and close frequently. However, in the case of well-established banks in my country, their stock prices remain stable and even tend to rise each year. Up to this point, when I engage in conversations with stock investors, they suggest purchasing shares in safer banking institutions, each providing their own reasons. This indicates that the public's trust in banks still exists and continues to grow over time.
Nevertheless, this does not imply a decrease in trust towards Bitcoin. Despite its inability to be used for direct transactions, Bitcoin remains an alternative investment choice alongside stocks in my country.