Quote from: Joy- maker on Today at 10:47:45 AM

Quote from: Pi-network314159 on Today at 09:57:28 AM

You don try for wetting you talk here, the thing be say we need to only focus for one system, we need to invest in Bitcoin and also get Fiat for our bank account. Both of Dem dey very important. We need to understand say Bitcoin na investment for the long term and e get potential to reduce inflation, while keeping fiat for bank go reduce the value or inflation go affect am. So we need to do am in a way we no go dey affected by inflation. The logic na to convert our Fiat to invest for Bitcoin since na long time journey, sothat inflation no go affect am. While we go use the fiat wey remain to sort out the immediate want instead of us to leave am for bank. The summary of everything you don talk here show say bank get en own advantage and disadvantage, and Bitcoin get in own advantage and disadvantage. Na for us to make a wise decision not to dey left out.

one thing you should understand is that most people keep money in the bank as a form investing which is very wrong, note am not saying that people shouldn't keep money in the bank, you can decide to keep money in the bank as fiat to serve as emergency fund and backup fund, back to post I just made clear there that anything that won't double my money that they should count me out, and went forward to state the advantages and the disadvantages of investing in bitcoin and also the advantages and the disadvantages of saving your money in Bank, so that people can read through and their own decision.

The problem lies on familiarity, people dey so familiar with saving money in the bank because na there them start before them come dey get awareness about crypto space and the rest and so this thing dey affect some people well well especially those people wey be say them no get knowledge about Bitcoin and cryptocurrency. And the truth of the matter be say you no fit force or make them change waiting them dey do. Bank dey frustrate person sometimes na waiting make I no too like bank and them get access to money wey dey inside, them fit restrict you any time but if we save our money for wallet we don't need any other party to first give us access as long as say you get your seed phrase and the rest.