[friendociate]

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

I don't like to 'thumbs down' posts here, but I was sorely tempted---I'm so "under the influence" of 'The Blue Crew' and 'the Trump Haters' on Twitter.

Basically, 'thinking the bank-failure is Biden's fault' is the opinion of someone who doesn't know "who's to blame for eliminating the Dodd-Frank Rule (which would've SAVED that money from being STOLEN by the banks)" (in case you can't open that The Atlantic-article, it blames The Congress of five years ago).

I might also 'thumbs down' your response because it proves that you don't care about the truth (which I feel like I've told you a few times)---that "burying your money" actually DEPLETES its eventual buying-power!

[MysticMoons]

I am so happy my money is in gold coins and in a hidden treasure chest lol..
and gold can be used to buy anything.. oh yes my precious! a lot of people take bitcoin as payment also

[friendociate]

I am so happy my money is in gold coins and in a hidden treasure chest lol..
and gold can be used to buy anything.. oh yes my precious! a lot of people take bitcoin as payment also

Money in the bank or -the stock market earns you a positive profit; money (or gold) hidden away earns you 'a NEGATIVE profit' (a.k.a. a LOSS). You enjoy losing value 'you do you,' but "as for me and my house" ... well, the instructions were "Be Fruitful & Multiply."

[MysticMoons]

I love money so much! gold is wonderful

[FXOcrypto]

My bank also still fine, however few years ago I have account in certain bank that eventually collapse, however I get lucky because before the bank bangkruptcy, I closed account due certain reson.

[MysticMoons]

our bank is also still fine. But I am not taking any chances. I took out all the money made it into gold coin.. now the money is buried where they can never find it

[Inem]

I think the next move for banks is to adopt cryptocurrency because it is the next big time I'm finance.

[MysticMoons]

yes I think Bitcoin is great as long as the government have no control over it. then it is wonderful !

[Nsikan]

Banks are having challenges in my country too. The cashless policy initiated by the government has made citizens skeptical of keeping their funds in the bank.

[MysticMoons]

cashless will never work. cash and bitcoin will be king. the old idea of old men will never work

[Recob]

Internet banks is making things very difficult for the banking system. Job losses are imminent.

[GoldenLady]

I think it's part of the effects of the worsening economic conditions. When things become this bad, people start going for extreme measures to survive, which can them have negative consequences.

[Lexsave]

Traditional banks are finding it very hard to compete with online banks. The interest rates alone offered by online banks on savings is far have you higher than what traditional banks are offering. That's because their overhead costs is much lower.