As we all know it's hard to talk about bitcoin without examining how it shakes the world of banks and traditional finance. for years now banks have been the place where we go to keep our money safe and they also hand all our transactions. But bitcoin have come to show us another way that is safe, cheap, fast and more open compared our traditional banking system.
Many reasons why banks don’t like bitcoin. I’d because they can’t control the currency, and that is the sweetest part of it for us that are holders; we managed our funds by ourselves, without anyone knowing about it unless you told another person. Whereasin the bank. The people working there will know the ins and outs of any single transaction that was carried out in our bank account. Bitcoin is a decentralised currency; it’s really safe to save money, as you said.
Although I feel like any funds that you are to spend in a very short period of time. Shouldn’t be stored in bitcoin. Just saying it because of the newbie, they should not see because everyone is saying bitcoin is the safest way to save our money; they will be putting all their money in bitcoin, which is not advisable on the other side.