[friendociate]

i just turned all my money into gold and buried it.. .........! my precioussssssssssssssssssss lol

I hope that's sarcasm, remembering how miserable Gollum/Smeagol became.

Because--long-story-short--'keeping money in the bank' is HOW they make the money you get for 'sharing your videos.'

[MysticMoons]

I think a lot of people also pulled their money out of the bank.. good move! Why even let banks profit off us? we are better off putting that money into bitcoin and stocks

[Xynehappy]

I think the banks are closing down business due to the ongoing inflation world wide.

[Emmaojo]

Many banks are confused when they have run into bankruptcy and economic crisis.

[augusta]

The truth is that anything can cause this fall there are always so many reasons to this.

[friendociate]

Why even let banks profit off us?

Because that's where money COMES FROM!

[MysticMoons]

The truth is that anything can cause this fall there are always so many reasons to this.

that is true! whatever the reason.. my money is safe in a chest buried where only i know it is. and the rest is in bitcoin. lol just kidding. But I am not so sure the banks are a good place to put money now

[kataomoi]

Keeping your money/assets at home or hiding it somewhere has a risk too -- what if it gets stolen? Or you forget where you put it? In the long term, banks are still a safe bet, assuming that they're insured. In America, we have FDIC which insures our money for up to 250k/per account. That's honestly good enough for me. It's better than me keeping my money at home or buried somewhere.

[MysticMoons]

Keeping your money/assets at home or hiding it somewhere has a risk too -- what if it gets stolen? Or you forget where you put it? In the long term, banks are still a safe bet, assuming that they're insured. In America, we have FDIC which insures our money for up to 250k/per account. That's honestly good enough for me. It's better than me keeping my money at home or buried somewhere.

as long as its insured.. and they give me gold coins for it. I have a lot of cotten candy, and toys to buy

[Tendz]

The news says it wasn't just Roku alone, online media brands like Buzzfeed, Vox, the game company Roblox and also Etsy had significant deposits with Sillicon Valley Bank.

[Emmaojo]

Those that have account with access bank in my country is having problem due to merging with diamond bank. They are not receiving alert and some account numbers are not working well. However bank management needs to hold meeting and solve this issue of debt and network.

[friendociate]

Keeping your money/assets at home or hiding it somewhere has a risk too -- what if it gets stolen? Or you forget where you put it? In the long term, banks are still a safe bet, assuming that they're insured. In America, we have FDIC which insures our money for up to 250k/per account. That's honestly good enough for me. It's better than me keeping my money at home or buried somewhere.

Money is like 'electrons'---POWERLESS if they're not moving through The System!

[MysticMoons]

my bank is fine.. because its a chest full of gold buried where they can never find it.. and bitcoins in places they will never find it... good luck to the banks.. gold can be exchanged for any currency.. and can buy anything.. thank you

[kataomoi]

Keeping your money/assets at home or hiding it somewhere has a risk too -- what if it gets stolen? Or you forget where you put it? In the long term, banks are still a safe bet, assuming that they're insured. In America, we have FDIC which insures our money for up to 250k/per account. That's honestly good enough for me. It's better than me keeping my money at home or buried somewhere.

as long as its insured.. and they give me gold coins for it. I have a lot of cotten candy, and toys to buy

No one should be using uninsured banks, or depositing more than the insured amount. That's way too risky.

[friendociate]

my bank is fine.. because its a chest full of gold buried where they can never find it.. and bitcoins in places they will never find it... good luck to the banks.. gold can be exchanged for any currency.. and can buy anything.. thank you

But "gold can be exchanged for" LESS-&-LESS currency! It's constantly LEAKING value if it's not connected to the money-system!

[nela13]

Keeping your money/assets at home or hiding it somewhere has a risk too -- what if it gets stolen? Or you forget where you put it? In the long term, banks are still a safe bet, assuming that they're insured. In America, we have FDIC which insures our money for up to 250k/per account. That's honestly good enough for me. It's better than me keeping my money at home or buried somewhere.

What you said is true and besides that, if we have our money in a bank it can earn us interest, money lose value if it earns us nothing.

[Mayor]

Banks go bankrupt all the time, and There is probability that more banks would fail.
Most people do not keep their money in bank, They rather invest it in Gold, crude oil or the stock market, to avoid bank issues.

[augusta]

Banks are always failing sometimes it is not good to keep money in bank rather invest it

[friendociate]

Banks go bankrupt all the time, and There is probability that more banks would fail.
Most people do not keep their money in bank, They rather invest it in Gold, crude oil or the stock market, to avoid bank issues.

Right; no one wants naked money! They want to see it rocking the latest trends in technology & architecture etc.

See, the wordroot that gives us "Invest" means "to Dress, Clothe (of course ... 'to Vest In,' ja? )"---also the root of "Invests, Invested, Investing, Investor, Investors, Investiture, Investitures, Investment, Investments, Reinvest, Reinvests, Reinvested, Reinvesting."

[MysticMoons]

Banks are always failing sometimes it is not good to keep money in bank rather invest it

yes not really good to keep the money in the bank.. put it other places. like turn it into gold coins.
and bury
We can fully blame biden for the bank thing. If you want the economy to get better
vote Trump! Trump 2024