Unreliability of traditional centralized banks - Deepstash

Unreliability of traditional centralized banks

You entrust your money to banks, and in turn, they become gatekeepers of your finances. If you use mobile banking and their servers are down, you can't access your finances unless you go to the local ATM and withdraw cash.

Cryptocurrencies never go out of service as they use automated systems and are always accessible.  Cryptocurrencies are bought through crypto exchange platforms and stored in safe and secure crypto-wallets. They are decentralized and operate very securely.

10

78 reads

CURATED FROM

IDEAS CURATED BY

sarahmoren

Jewellery designer

The idea is part of this collection:

Confused About NFTs?

Learn more about economics with this collection

How to create and sell NFTs

The future of NFTs

The benefits and drawbacks of NFTs

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates