Bank account vs wallet !

[Coin63@]

Hey guys, I have two questions:

1. If your current fiat bank account is emptied by a fraudster, what happens? How do you get your money  back?

2.If your currency crypto wallet is emptied by a fraudster, what happens? How do you get your money  back?

😃

Basically bank account wallets is more secure than cryptocurrency wallet because if any hackers hacked my bank account, but I can easily get actions against them but cryptocurrency wallet hacked, we can't do nothing against hackers.

[Fenix]

Hey guys, I have two questions:

1. If your current fiat bank account is emptied by a fraudster, what happens? How do you get your money  back?

2.If your currency crypto wallet is emptied by a fraudster, what happens? How do you get your money  back?

😃

Basically bank account wallets is more secure than cryptocurrency wallet because if any hackers hacked my bank account, but I can easily get actions against them but cryptocurrency wallet hacked, we can't do nothing against hackers.

In any case, there are positive and negative sides of a bank account and a virtual wallet. If fraudsters steal your money from a bank account, the bank is obliged to compensate for the loss. If your electronic wallet with cryptocurrency is hacked, then these will only be your problems.
On the other hand, many want to get away from the constant supervision of our accounts by banks and governments and have a cryptocurrency that no one can trace. Here the choice is ours.

[lepbagong]

Hey guys, I have two questions:

1. If your current fiat bank account is emptied by a fraudster, what happens? How do you get your money  back?

2.If your currency crypto wallet is emptied by a fraudster, what happens? How do you get your money  back?

😃

two different things that will happen but will be the same solution, only maybe a different way of handling.

1. If in my country the theft of the bank will be borne by the state if indeed it is due to corruption or bankruptcy, but if there is no compensation for his own fault.

2. If your wallet is tampered with, you will not get anything, aka it just disappears, but if the exchanger experiences there may be a replacement.

[Thymoty]

For question number 1, we can contact the bank and the police and provide the right reasons and how the best solution is to handle the situation.
For question number 2, we can't do anything about it, because cryptocurrency cannot be interfered with by any party, so when you lose your digital assets you should just let it go. Don't contact police, because they won't help you.

[masterrex]

If your bank account was hacked or have been encountered with an authorized withdrawal, You should seek assistance with the Bank, and the Bank officers will investigate the incident if it's your fault or it is the Bank lapses, and If the Bank finds out that it's your own lapses, I guess you were not been compensated. The same as the cryptocurrency wallet if your account was hacked because of your own negligence it's all your fault and the wallet provider is not obliged to return your money because it's your fault.

[Istiak]

If your money gone from your bank account due to bank faults then you will have the right to defend yourself and get your money back from the bank. But in crypto there is no way you can do that. But crypto is safer than a bank as long as you are very careful and you are the only person who holds your privet key.

[Black ID]

If indeed we lose money or crypto assets because of fraudsters, then they will never come back again. Unless we might use the police to trace who the fraud is in a fiat bank. But in crypto we can't do that.

[lepbagong]

If indeed we lose money or crypto assets because of fraudsters, then they will never come back again. Unless we might use the police to trace who the fraud is in a fiat bank. But in crypto we can't do that.

Yes, there are always weaknesses and strengths in every system but I believe that banks cannot be closed because they are still needed, the best thing is the synergy between the two.

[tervel]

Hey guys, I have two questions:

1. If your current fiat bank account is emptied by a fraudster, what happens? How do you get your money  back?

2.If your currency crypto wallet is emptied by a fraudster, what happens? How do you get your money  back?

😃

Basically bank account wallets is more secure than cryptocurrency wallet because if any hackers hacked my bank account, but I can easily get actions against them but cryptocurrency wallet hacked, we can't do nothing against hackers.

Bank systems have been around for many years, so security providers have become more specialized and sophisticated.Also, financial institutions have large budgets which they can invest in their infrastructure security. In reality, blockchain technology is still in its infancy.

[EthereumDev_]

Hey guys, I have two questions:

1. If your current fiat bank account is emptied by a fraudster, what happens? How do you get your money  back?

2.If your currency crypto wallet is emptied by a fraudster, what happens? How do you get your money  back?

😃

Basically bank account wallets is more secure than cryptocurrency wallet because if any hackers hacked my bank account, but I can easily get actions against them but cryptocurrency wallet hacked, we can't do nothing against hackers.

Bank systems have been around for many years, so security providers have become more specialized and sophisticated.Also, financial institutions have large budgets which they can invest in their infrastructure security. In reality, blockchain technology is still in its infancy.

The bank's security system should always be up to date and the most sophisticated because if you still use an outdated security system, hackers will have time to learn about the systems used by banks and moreover it will weaken the bank's security system. implementing blockchain technology can indeed be the right choice.

[Uplifted]

When you think about it, if your bank account is tampered with by a fraudster there is always a way out to track your funds and recover it. There are ways the bank can track the transaction and the details of the fraudster will be revealed and there is a high probability of recovery your funds but I can't say same about losing your funds to fraudsters in your crypto wallet. Blockchain is fully decentralized it almost impossible to recover funds lost to fraudsters.

[Altcoin1998$]

A country's economic systems are maintained by central banks and banking services and systems which is very much important and effective in whole economic balanced. It a government support but cryptocurrencies are the opposite system of banking, it has no centralized tendency, banks always hate cryptocurrencies due to low amount of transactions system. But now or letter cryptocurrencies replace banking systems.

[mahid]

Bank account is secure and security provide by the bank if the account is lost then you can regain it by applying to the bank but your wallet's security is your hand. If you make a mistake then your wallet will be finished. So i think wallet is risky then bank account. 

[EthereumDev_]

of course cryptocurrency can be said to be a threat to bank accounts because so far cryptocurrency wallets have been widely used and many people prefer to store their assets in electric wallets without using a bank account.

[Fawpac2]

Bank and cryptocurrencies are two opposite side in world cryptocurrencies market and global economic systems. Banking system always hate bitcoin in developing and poor countries. Poor and developing countries government and central bank hate bitcoin as their transactions systems hampers ..but bitcoin friendly countries government organization already permit bitcoin as their transactions systems.