question Many Bank Accounts not safe anymore

[Galaxy Traveller]

They are trying to restrict customers choice of spending or invest their own money. They are behaving like those money are their own. Example RBI of India. I think international virtual bank is necessary for citizen of many countries. Is it time to invest virtual bank domains?

 

[WhoaDomain.com]

Like CoinBanko.com? Or Banco360.com?

 

[Galaxy Traveller]

Virtual Bank = A Bank where we can keep our money safe and if necessary we can generate disposable visa card for transaction.

 

[WhoaDomain.com]

Banks are banks. You put your money in their hands for supposed "safe keeping" meanwhile they spend it and loan it out and give you 1.5% yearly interest.

Buy Bitcoin or Ethereum or Bitcoin Cash or LITECOIN you'll be happier. Who needs banks?

Or but tangibles like gold coin.

 

[Galaxy Traveller]

https://www.coindesk.com/rbi-bars-banks-business-crypto-firms/

 

[urlurl]

would you email or fax your money to be deposited to this virtual bank?

 

[Galaxy Traveller]

Not all the money but some. As much as required.

 

[Keral_Patel]

I lose my sleep over this stuff every now and then.

Banks are becoming pain nowadays.

They also wanted to bring in FRDI bill that would allow them to use our money for pay their own bad loans.

I usually buy property if I am sure I am not in need of this money in near future.

Property also has its own risks associated with it but that is manageable risk and I have some more control over it then the money sitting in the bank.