Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss they are almost the same or what? What dou you think?
There is a big difference in that, banks are earning on investments, and interest and use the money that you save for them and invest it in other stuff that could possibly generate money, I mean whales are different they will not give you a loan something like that they are just people who hold a big amount of bitcoin I mean yeah they buy and collect bitcoin and possibly manipulate the market since they have a big amount of bitcoin. These whales are just investors like us as well, banks are different because it's an institution. I mean banks are centralized platforms compared to whales that hold cryptocurrency that is decentralized, you could probably say that they both have a huge amount of assets buts that's the only similarity that I can think of.
I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage.