Post
Topic
Board Economics
Re: Investing on Cryptocurrency is safer than saving or investing with local banks
by
Hyphen(-)
on 17/08/2024, 21:43:34 UTC
I wonder why anyone would even think of buying shares with a local bank or saving huge part of their money with them, when they could save for a long-term with Bitcoin and make huge returns later, Bitcoin blockchain makes it very secured and the only ways an investor is at risk is saving their asset with a wallet that could easily be penetrated by hackers or fail to safeguard their private keys.
You don’t have to blame everybody, and you also need to understand that some of these people that chose to leave their money for bankers to use in their own businesses because they know nothing about the financial freedom brought to us by the invention of Bitcoin, while some of them don’t trust cryptocurrency which is why they keep risking such huge amount of money with their local banks for hackers and others centralized authorities to be using for their own benefits.

The truth is that, cryptocurrency investment is risky, and people wants safe savings method that will not be under risks of losing some part of the money, and most of them are lazy and don’t wants to learn which is why they can never leave commercial banks.