The acceptance of cryptos in recent years has been on the increase.so much people are getting more aware and the benefits and safety it offers to it users.the trading of cryptos is one way by which one can make money from cryptocurrencys,investing in cryptos is another way of making money although when it comes to investment in cryptos,it's more adviceable to go for long term because of the volatility which makes it very unstable and crypto is by far a better way to safe your assets.alot of people now see cryptocurrencys as a life safe and even as a means of survival.
Before cryptocurrencys became rampant we have the traditional financial system of exchange which is the bank,here what the bank does it help you safe your money and perhaps give it back to you whenever you want it.but what happens to the money been deposited to the banks by it's users?are they just there for saving sake,are they just there because they want their customers mind to be at rest? The answers is no.what the bank does with the customers money is to do business with it ,make profit and at the end the customers get nothing and if any thing ever get to accumulate on the customers money is nothing but peanuts.
Well let me make it clear that cryptocurrencys is now changing peoples financial thinking because people want more money to keep up with the daily challenges of life,they found a safe haven In crypto and gradually people are withdrawing from keeping their money in the bank.instead they rather invest the money in cryptos or trade with it which is by far better than saving money in the bank and get nothing out of it.so little by little I feel like the banks are loosing there integrity against cryptocurrencys not because of any thing but because they just too greedy.when you save your money in bank and at the same time trade the same money in cryptos,you have a better chance of getting more money in a shorter period of time than the bank.
I am very sure that people don't see the bank as even a way to safe money any longer.just mare having cryptos in you wallet alone can earn you some money.
So as more and more people get to know more about cryptocurrencys,there will be more shift from the banking system to cryptocurrencys and if care is not taking banks may seize to exist in near future
