Piggybank vs Conventional bank

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2 years ago

The simple thing to save is to use a money piggy bank with various shapes and forms. An inaugural training for the language of investing in money management to children in their early years. If I remember the time of saving when I was little, there are many funny and happy stories of course.

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Piggybank is a word we usually use in the language of individual saving. While saving in a conventional bank for me personally I call it the evil bank system.

Which is better between the two? Obviously, for me, a piggy bank is better than a conventional bank. From my personal point of view of course.

However, moving on to the advancement of piggybank technology, which many people connote a personal piggy bank in the form of a pig, I want to use it as a digital savings representative in a form that is appropriate for the era. Where is the presence of cryptocurrency with a choice of thousands of coins and tokens?

The surplus value on the plus side is more than the actual condition of the piggybank. The parable of the use of the word piggybank becomes clear from the conditions that have changed the transition in technological progress and times. One of the contexts of being your own bank becomes real, easy, and safe.

With the presence of crypto, it feels like the desire to save can be carried out properly and intact. The plus value of that is to avoid all crimes that occur in conventional banks.

Maybe some people will ask or think why I hate conventional banks. My answer is only one, I really don't like banks. Because for me the bank is a crime and the banker as the executant is a criminal. Where inflation is actually a scam. Banking is a crime legalized by the government.

Back again to individual savings or what I'm referring to at this time in writing with the word piggybank. Once a positive value in addition to the existence of a negative value may exist. With crypto, talk about the hold, or investment, everything is possible in the context of independent savings. Even if the language of investment is implied, at least it is also represented by the presence of crypto as a decentralized digital currency.

Even if you just want to save or collect language, at least you won't be afraid of physical damage problems like fiat money and also don't need a large space. If you want to use it anytime you can take it, it doesn't require many rules as conventional banks have.

If someone talks about the issue of interest offered to banks, I have explained before in another article about the damage to the existence of bank interest which is not realized by many people today. Because this is one of the factors causing the destruction of the world economy where as long as there is usury in it there will never be any blessing created.

Where is the impact of the existence of riba/usury in the economy:

  • Riba/usury damages human resources

  • Riba/usury is the main cause of inflation

  • Riba/usury hinders the rate of economic growth

  • Riba/usury creates social inequality

  • Riba/usury is the main factor in the Global Economic crisis

That's why the existence of conventional banks for me is a gathering place for demons and demons to destroy the mental condition and faith of humans.

-===-

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Comments

Right now with so many fees and charges for everything and the threat of bankruptcy or "corralito" like in Argentina... a piggybank is necessary, just in case. Better not to put all the eggs in the same basket.

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2 years ago

I really think piggy banks are nice considering there are no charges of any sort.

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2 years ago

speaking of piggy bank, aside from high tech money wallet, back then we don't use piggy banks, we use empty BABY POWDER plastic hahaha but 3 days after, cutting it to pieces to get all what I saved hahahah so hard to keep and save money

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2 years ago