How to save money online without having to trust 3rd parties?

How to save money online without having to trust 3rd parties?
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#1

What i mean by this is where can i keep money online without having to trust banks or payment systems like paypal. Is there any way to have complete control over the money i deposit. Would my own cryptocurrency work where i invest in it until i need the money back or what can i do?


#2

Hi conorkyne, and welcome to the community!

I don’t have any experience with cryptocurrency myself, so I’m not sure whether what you described would meet your needs. But it might help me to understand more about what you’re looking for :slightly_smiling_face:

Online platforms to which you can transfer money do often rely on third parties in some form, due to the specific and sensitive logistical demands of handling money securely, but it sounds like you have some specific concerns around your money’s (or personal data’s?) security and accessibility - is that right?

Also, how often do you anticipate needing to access your money? I know you mentioned investing your cryptocurrency until you need it, but you also mentioned wanting “complete control,” which could mean easy access to funds as well.