Why Have I Closed My Bank Account? .:. Crypto Solves the Issue

Yesterday was my second birthday! I have closed the bank account that I opened when I came to live in Spain 10 years ago! Just to clarify at the beginning, I had 3 active bank accounts in one moment, I have closed one 3-4 years ago, and the second one is closed now... So, I have been left with only 1 at the moment... And to be honest, I will work on it to reduce it to ZERO! So, why have I done that?

I'm total with the saying "Do not feed the monster" and by giving any power to the banks, I believe that I'm helping the problem to grow... In my opinion, banks are one of the biggest issues of modern days and they are heavily responsible for most of the financial issues in the world... Maybe this sounds too hard for some of you, but that's just my opinion...

Maybe in a certain time in history, there was a need for banks, but today, they are becoming irrelevant to the "ordinary" people... They have lost the real purpose that they had when they were created and the only purpose today is to enrich those who are rich... and unfortunately, to take all power from ordinary people...

But, let's try to focus on the practical reasons for my decision...

• I don't need 2 bank accounts - to be honest, maybe I don't need the one that I still use either... At the moment, I'm using it to pay my utility bills and that's it! In the near future, I will try to find a way how to do that without a bank...
• Bank doesn't need my money - As I'm not a big fan of taking loans and I didn't take any in the last 10-15 years, my main idea for using the bank account was to earn additional interests on my savings... As those interests are almost ZERO, it looks that it's like that all over the world as Hive account@bitrocker2020 wrote in his post about interest rates in Malaysia, I don't see the reason to keep my money in the bank...
• Don't need more shitcoins - Yes, I did that... I called EUR, USD a shitcoin... lol... Even if interest rates go up, which could happen soon if inflation rates stay this high as they are (check out an interesting post by Hive account@cassillas5553 on that topic here), what's the point in stacking more shitcoins?? I mean, I could get 10-20% USD/EUR (or other fiat currency) yearly, while inflation will eat that because it will be higher... In the end, I would finish in the same spot as I have begun... Btw. that's also one of the reasons why I will not go hard into HBD savings either, or any other stable coin staking/pooling, etc... It's not that I don't support the idea and pushing up HBD APR to 20% as I know that a lot of other people will use that... It's definitely a better solution than going to the bank...

• Bank fees - This is probably the main reason for my bank closure... If I do something on the bank account they would take a fixed amount of 35 EUR per 3 months, plus additional fees... If I don't do anything, they will take the same amount for their "expenses"... So, WTH?!
• Crypto solves all the above - And if it doesn't solve at this moment, it WILL solve in the near future... You can name things that you can't solve at the moment, but I'm sure that there will be a solution very soon... Banks aren't irreplaceable. Defi has already solved a lot of things regarding borrows and loans, so even you who like to use those stuff, you can do it without banking and their ridiculously high fees for that stuff... and more will come... Better solutions for every need...

Thank you for your valuable time,

_ph

DISCLAIMER: Any of this isn't financial advice and these are only my views on this topic...