What's The Point Of A Bank?

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We had finally nice weather today, so I could go out for my long walk... As always, walking in the fresh air is bringing up some memories, but also some interesting topics to vlog about... I have created videos on similar topics where I was talking about my love toward banks, but it's not bad to repeat it few times... Just to confirm our doubts... :)

So, I had kind of contact with my bank lately through emails and online banking, also trying to put some money on my OWN bank account was a problem, so I just had to share my feelings with you guys...

All that made me thinking what is the point of a bank today... Can you give me your opinion in the comment section, please? I would really like to read your opinions about them... Sometimes, I think that I have ZERO tolerance for banks without the reason...

Thank you for your valuable time,

~ph~

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Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
Creative Commons — Attribution 3.0 Unported — CC BY 3.0

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13 comments
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I am not completely cut off from the system but yes the delays are really bad. Even during the gamestop troubles, the delays were caused by the clearing firms and I assume its the same for the banks. You can speed things up by spending money but its just not worth it.

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The main problem is that banks want more and more control and power... And the worst thing is that they are accomplishing their goal slowly... But, I think that blockchain technology can reverse that process and give power back to the people!

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!BEER

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Sorry, out of BEER, please retry later...

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Sometimes it's good to have a centralised entity I find

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Hmmm... So you think it's a good idea to have 1 bank to rule us all? :)

We can say in maybe something like... It would be awesome to have 1 guy that can print as many BTCs as he wants... :)

BTW, I agree with a certain point about a centralized entity for certain things... but, I don't see the point of the centralized entity that is ruling over others (like banks doing)... It's the perfect example of dictatorship packed in "polite packaging"...

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I hate banks so much that I wish I could do everything with crypto.
I hate their customer service and it worsens when I notice that it's my money that is used to pay you.
But yeah I have come to terms with it.
The ID thing creeps me out and sometimes their ineffectiveness just gets to me

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Lol... You hit all the things that happened lately (and not just lately) with almost EVERY bank that I had a business... lol...

I'm definitely working my way to avoid them as much as possible...

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