Which do you prefer, bank or crypto?

[JaymondStark]

Banks are unconditionally the only ones if you want to trust that your money is secure. I do not mean that it means secure when you leave your money at the banks, but it is more secure than crypto right now.

[bettyhill]

I think I'll choose crypto currency. There is a high chance of gaining much more than you invested in crypto currencies while your interest might be low in the bank. Plus bank rates can be annoying sometimes.

[Unknown]

In terms of securing our money I prefer bank because our investment or money are highly protected by them

But in terms of the income in investing I prefer crypto although sometimes the coins we bought get dump I know that in the future we can benefit on it

[gribble]

If I have to choose between cryptocurrency and the bank to save money, I think I will choose a bank, because that does not mean I don't like cryptocurrency, but because the bank is in the real world and I think the bank is safer than crypto, because the bank has clear regulations related with safety. If there are irregularities or even theft, the government is there to help us track down criminals. But in the crypto world, our identity is kept confidential and there are no rules at all, and only in our own way to keep our money safe from hackers and fraud.

[Jaguar]

Bank is safe in putting fiat.
Crypto is safe in putting some investment.
I recommend don't invest all of your money in crypto it would be better you invest in both while you have some in your hands to support all of your need when unnecessary happens.

[donna2197]

I prefer crypto, you can double or triple your money with it.. and that is a great deal for all of us 😄😅 i really like how crypto works.

[Marivic27]

For me I believe that crypto is amazing and it is really becoming more popular each day and many people really trust and invest on crypto because crypto can really give a huge return from our investment. But if we talk about bank maybe there e are also some people that choose bank than crypto because bank is really trusted for so many years before crypto exist bank is already there and operating. So we cannot deny the fact that there are also so many people that trust bank than the unstable crypto.

[jjeeppeerrxx]

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

For now, I have to use the bank for storing money due to cryptocurrencies instability but my mindset is to use cryptocurrency in the future. I have had experience in banking too just like an auto deduction fraud using Facebook Ads, my debit card was deducted for almost 10 times but with a small amount, $1 per deduction and it stated that it is payment for Facebook Ads which I did not apply for.

The future is cryptocurrencies, now I am storing crypto tokens on my MEW intended for the future price which I believed will raise in the near future!

So, as a conclusion, I am to prefer using both Bank and Crypto depending on its usage!

[onepiece]

If there is a risk. Actually between banks and Crypto are both at risk. But please note, that those who are more economical and profitable are crypto from the bank. Because Crypto uses the Decentralization system, it can be relied on in making transactions, so in transacting without having to use a third party so that it is more efficient, effective and time and cost efficient.

[whandut93]

Thank you, my dear friend, for giving advice and direction, I am also proud to be able to get to know this forum, so we can ask for advice from friends - friends.

[Andruha1993]

I would choose a crypto wallet. Because in the bank you need to sign various papers and there is no anonymity, and we do not know what happens to our money there. A crypto wallet is very convenient and easy to use. And everything is anonymous.

[sibolis]

Bank already around for hundreds of years.  I think people can't live without banking anymore.  There are so many bank function we can use, it's very helpful and easy to understand and you can find them everywhere both online and offline.  Anyway, you need bank if you want to do crypto.

[Rejeki Tiban]

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

If you want save your money for emergency needs , I think You can choose bank. For Investment , I prefer in crypto currency.

[therozaq]

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I think Crypto currency is the future technology..For Investment I prefer choose crypto than bank
.It is more profitable.

[moonking]

If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?

I like the combination of both, banking for savings that can't be risked, and crypto for disposable income, for future growth.