Why do we need banks anymore?

in cryptocurrency •  7 years ago 

Tell me something, why would anyone want to keep Money in the bank nowadays?

Bank of America will now be charging customers that don’t keep at least a $1500 balance in their checking account $12/month to hold your money. You are better off keeping cash under your mattress and just pay the inflation tax. I will happily pay the $12 extortion to keep as much money out of the bank as possible, until I don’t need them anymore which will be soon!

Banks will soon price themselves out of existence by constantly robbing from their customers. As I have always been saying, BECOME YOUR OWN BANK! Cryptocurrencies, Precious Metals and other Hard Assets are the only way to preserve wealth in a world of robbery.

https://www.wsj.com/articles/bankofamerica-no-more-free-checking-for-customers-with-low-balances-1516625715?mod=e2tw

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