Dealing with banks could be both rewarding and challenging. I still can't fathom why we mostly waste a lot of time in banks amidst advancements in technology. A simple transaction that should have taken up to 5–10 minutes can take more than an hour to complete.
Today's visit was quite frustrating and time-consuming, and I now understand why we took so long.
Paperwork and documentation: Just trying to deposit money into an account can involve a lot of paperwork and take a lot of time. I can't imagine where your physical presence has to be seen just to request a bank statement. Providing identification cards and the rest is just frustrating.
Slow service is another factor. Slow service as a result of network problems that sometimes are beyond their control and employees dealing with complex transactions, assisting customers with inquiries, and other related issues is another factor that contributes to time wasting.
Living in the crypto world era today has revolutionized our financial systems and shaped our daily lives, The convenience, accessibility, and opportunities provided by transacting with crypto have transformed the way we manage our money and conduct transactions. The use of cryptocurrency has given us the means by which we can avoid these irritations and consider the opportunities that come with it.
Nonetheless, while we in the crypto world see this as a blessing to the world, other countries have other ideas, but we believe technology is shaping and controlling the world now, so no matter how hard they try to regulate the use of crypto, it will still stand.
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Going to the bank is just so annoying!
It's time-consuming, I don't know why they like to take unnecessary time, and yet your money is not safe with them.
Any government policy can just wipe your money off. There was a time in my country we couldn't access our money because of government policy. I wish crypto will take the place of banks gradually.
I experienced one of those moments today and how I wish these baks even seized to operate to give way for crypto to operate fully
Absolutely!!!
Traditional banking would become extinct soon. But this would not be possible until there is high internet penetration in the country. As you have pointed out, crypto would take over soon.
We hope so, thanks for this