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RE: Crypto Wars & Why Banks Feel Threatened? But They Claim They Are Not!
Banks has to feel threatened. Banks are going to be absolete. If everyone has crypto and can transact with it, then why a bank is needed ? That's why they are threatened
I hope to live to see the day with no more banks!
Still I feel we need something like a bank to deposit our crypto currency and get interest from it. I heard about some websites. But difficult to believe in those now. Any legit ways to get interest in crypto currency deposits ?
you have staking in some coins like when you stake NEO you earn GAS coins. Earning interest will evolve and the market space is/will mature to show a safe way to earn and not be a scam.
we have been conditioned to believe in the corrupt non transparent banking system that is a centralised control so why would you want to put decentralised currency with a bank? When you deposit fiat money into a bank its not yours any more and if they wish not allow you to withdraw you cant do anthing about that.