In recent weeks, I encountered a frustrating experience with my local mobile banking app. At first, I thought it was a mere network issue preventing me from accessing my fiat currency because it kept on giving me the network error notice. However, after numerous attempts and no resolution, it became evident that the problem was far beyond connectivity.Upon reaching out to customer support, they promised to resolve the issue immediately but these promises were left unfulfilled. I then decided to visit the app store may be I could get some updates but upon getting there, I met series of similar complaints from fellow users.
This experience made me realize something very important I taught of sharing. When we keep our money in these banks, they have access to accounts and use our money however they want. It's a clear reminder that depending on these institutions for our financial safety might not be the smartest idea.For this reason, I extend my gratitude to Satoshi Nakamoto for pioneering a financial revolution that grants us true autonomy over our funds.Bitcoin offers a viable alternative that liberates us from the clutches of banks that claims to safeguard our savings while exploiting them through loans and various fees. some reasons Bitcoin will always be better than the fiat currency are
To be honest, I have never had any problems with banks. I use their services quite conveniently for daily payments, and my money has never been frozen. So I think I still need traditional banks and their apps on my smartphone.
But it is true that I am not satisfied with fiat because it is losing its purchasing power over time. BTC may be a better investment option because BTC price has been continuously increasing in the long term, and it ensures that my investment in BTC will become more valuable in the next few years.
I do not use BTC as a means of payment because it is prohibited in my country. I will still use banking services because they are really necessary for my life. I only use BTC as a financial tool to invest and protect the value of my labor instead of holding all of my assets in fiat, which is depreciating every day.