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Exposed Bank Gambling:

Nowadays, banks are playing with the assets of their users. I have seen in the World, if any bank suffered a phase of bankruptcy then they are its customers who paid. These banks enjoyed the money of its customers by giving loans to the other people and collect a handsome amount of interest.

Bank money collected, stevepb

Moreover, they entrapped their customers's assets like house, jewelry, property etc as a guarantee to provide them loans. In case of any shortage, they fined them and loans increases. It have seen many cases in Pakistan where many families suffered a lot after taking loans from banks. These banks first reported a case against them and then take all their property even they had paid the amount taken in term of loans but this amount wasted in high fines due to delay in paying different sections of the loan. I have mercy for these families and even I stood with them. It is the state which left these families alone and parted with the banks. Hence, if these families not pay loans and burden of fines, the state take action against them and put them into the jail.

Bankruptcy, virami

Why are states parted with banks?

Many states first make contract before the inauguration of any bank. They signed agreements. In these agreements, banks happily provided them tax from the assets of their customers and governments provide them security and assurity for fulfilling the terms and conditions made between banks and loan takers. Moreover, these banks are bitches of states. When a state asked for all information about their customers, they facilities them with each information needed to these governments. I have seen, the bank assets got freezed after government's role and order. It is the worst condition and the person who had deposited millions can't do anything.

Police Supervision, krilill

Bank's Drawbacks and Government:

You can't stop the future of money as a digital currency. People are feeling easiness in online transactions that minimized the importance of hard money. Moreover, imagine if COVID spread again then how do you like to take money contaminated by COVID patient? There are many things that are now in favor of digital currency as a future of money. Although, these banks are providing digital accounts but these accounts are highly centralized. It means if I 'm want to deposit 2 Million rupees in my bank account, I can use them as a digital asset but what about my privacy? Surely, my privacy is in danger. Any government official can breach my privacy or can investigate about my assets. Moreover, I have to pay a lot of taxes on 2 millions. Here, there is contradiction when I dislike this bank system. I want my money will be in my control and I have to bypass corrupt tax system.

The fight between Crypto Vs Banks Vs States:

The banks are although moving towards more and more advancements. But they are failed badly in providing privacy. Their centralized role is very toxic for each investor and money depositor. As people are afraid of keeping their money in banks hence they are finding some safest place. The banks are losing their fames because people are moving towards decentralized digital currency. It is hardly to find a corner in the world where there will not be a Crypto lover and bank hater. The role of crypto is rolling back, now people don't afraid to use it. In the fight of finance crypto is dominating on banks. Yeah, bank users are getting lower day by day and crypto Investors are increasing day by day.

Cryptocurrency, hassan

Hive is the best coin, Peaceful Solution:

When world is moving towards the best crypto, then how do I keep myself away from it?. Everyone is doing his day and night research for a digital currency that fullfiled their desires. As I 'm hive user and I know a lot about hive Blockchain after using it, hence I can guide my people about hive. It is the best coin that make it special due to following facts.

• Fastest transactions, it needed nano seconds to move in the other wallets.
• Low or now transaction fee
• Decentralized coin
• You need only hive wallet to send and receive your money.
• There is no need of KYC and high profile investigation about your transactions.

These things make hive the best coin for me. In the war of banks and crypto, many governments should accept their defeats and educate their people about crypto. I hope, there will be a crypto department in Pakistan sooner. I hope, you have enjoyed my post. Thanks!

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Posted Using LeoFinance Alpha