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Money Saving
Reasons why people don't save in banks.
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[QUOTE="btaliat, post: 244671, member: 26390"] It is not arguable that most people don't want to save in banks any longer. The charges that are not accounted for, unnecessary delay and poor network can be the reasons or some of the reason why people will not want to save more in the banks. Unfortunately, there is no better alternative to saving in banks. There is no security in other forms of saving. Your money is always saved in the banks even if the banks go bankrupt, burgled or even at the worse scenario, got burnt. This is not so on other forms of saving. I could remember some days ago when a popular online platform designed for saving went on holiday and the users were panicked. There has also been an instance when one of those popular online banks reported its memebers for indulging in cryptocurrency ( cryptocurrency has been partially regulated in Nigeria where the incident happened). This case is breach of contract by the banks and the customers whom trusted the bank with his secret. Even those that decide to save in crypto still make their bad moment when there is bearish market. Though USDT doesn't get affected but what's the essence when the values also reduces and you have to wait for bullish market to make the value goes up. [/QUOTE]
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Reasons why people don't save in banks.
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