Bank or Bitcoin Wallet?

[harizen]

Yes, with the problem of proof, limits and high fees there is another problem which the the long time of transaction, for the banks we have to wait for many days to receive money once it is issued from the sender.

Any proofs about this claim or you just read this is some old articles or news? or you grown with the thinkinh like that?

Banks today are not that like that unlike in the past or maybe banks in your places still hugging the classic way and are not that big and strong institution to give their clients an easy and comfortable transactions.

[1714733401]

1714733401

[Betwrong]

for me the bitcoin wallet is definitely a far better choice than just an ordinary bank account because of a wide variety of reasons, first of all it is really fast and i can send money whenever i want

also i can make a lot of money if i hold my bitcoins in my wallet and the price of bitcoin starts going up really fast,i think that it is a really great investment for everyone

I absolutely agree with you. Only one thing bothers me here is that Bitcoins are not accepted everywhere like way of payment, but in the future even though I think fiat will not disappear I will be using Bitcoin wallet much more than a bank account, I hope.

[Prettygirl01315]

bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

[gilangIDR]

I would choose a bank because the bank gave me assurance. My bail is set by the government. when my government still recognizes and guarantees the bitcoin. if I were to choose the bank is a very wise choice.

[relq]

bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

I think bank is more safe than bitcoin. Bank is really safety and stored your money safe, in the other hand, bitcoin wallet can get hacked by virus or something.

[romero121]

bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

I think bank is more safe than bitcoin. Bank is really safety and stored your money safe, in the other hand, bitcoin wallet can get hacked by virus or something.

Above quote truly indicates the safety of bitcoin wallet. Bitcoin has the hacking issue but now the advancement has changed these issues. Both are required as bank is required to get our converted bitcoin amount.

[harizen]

bitcoinwallet because you can put or convert your bitcion  into cash anytime  banks today is not safe

I think bank is more safe than bitcoin. Bank is really safety and stored your money safe, in the other hand, bitcoin wallet can get hacked by virus or something.

And you can't get back your bitcoin once it will hacked. Say goodbye forever to the lost coins due to stealing and hacking. In bank, you can get back your loss money because of user's terms and that is part of the law of World Bank.

And I just wondered why people here wants bitcoin to replace banks?? It's just a matter of safety? You are the one who will make your money safe. Don't interact it with bitcoin or banks.

[AsaroUk]

Bitcoin wallet is getting more used now and that is nice and that is also because Bitcoin is now getting more used and that is nice for both, the world is getting modern.
The only thing that bad is from Bitcoin is that you never know what the value will be and sometimes you dont even know what to do with your Bitcoins.

[Hellacopter]

Bitcoin wallet is getting more used now and that is nice and that is also because Bitcoin is now getting more used and that is nice for both, the world is getting modern.
The only thing that bad is from Bitcoin is that you never know what the value will be and sometimes you dont even know what to do with your Bitcoins.

I don't think that Bitcoin's wallets are used by people more than banking services nowadays, the most part of people worldwide don't even know the bitcoin's currency till now and still using banks mostly.

[harizen]

Bitcoin wallet is getting more used now and that is nice and that is also because Bitcoin is now getting more used and that is nice for both, the world is getting modern.
The only thing that bad is from Bitcoin is that you never know what the value will be and sometimes you dont even know what to do with your Bitcoins.

Bitcoin wallet is getting more used today because you are in this forum and you will see many post about using bitcoin. Of course this is bitcointalk. But if you look in general, no the stats are not that boosting in a "high percentage" but it's growing a bit for sure on monthly basis.

And about the last statement of yours, no it's not bad. That is just normal.

[therealwatcher]

I myself would not manage without a bank, but would be happy just using Bitcoins.

[Yanidas]

I mined some bitcoin in the past, I have spent some of the coins to buy the GPUs to mine the altcoin and convert to bitcoin. I can spend the money without using a bank.

[co5hike]

Bank is much more safer for me at a moment, as my savings are intact in it and even it gets scammed then banks will help me in recovering my money.

[dragonusa9]

Bank is much more safer for me at a moment, as my savings are intact in it and even it gets scammed then banks will help me in recovering my money.

bitcoin wallet is best choice for the safety, that nobody can use your fund without your permission
and some of the bitcoin wallet offer the help for the recovery too, like Xapo. you can choose the service of escrow avoid being scammed. so you can try it for yourself eventually

[CryptoJeweler]

what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

Hi addy boy,
 
BTC Wallet is off course best choice as it is decentralized. Banks are afraid of bitcoin because BTC is more easy to use and no one steal your information from you.
There are some banks who are considering using BTC in future. No doubt it will revolutionary step. Moreover these days banks are more stable option for people who don't know about BTC.

http://www.newsbtc.com/2016/03/07/bank-of-england-regulation-patience/

Thank you
CryptoJeweler

[LCSociety]

I use a mixture of both

The banks are still very useful when it comes to debt provision and debt management. There is currently no automated debt issuance functionality on the blockchain, so this is something that the banks still dominate and will probably continue to dominate for quite some time.

Bitcoin and other blockchain based technologies are useful for just about everything else.

So overall, a combination of both bitcoin and the traditional banking system works just fine for me, as they both have their strong points.

[mark coins]

I will choose both as both are important for me at a moment as banks takes care of my day to day transactions and bitcoin takes care of my online remittances.

[dhimasnk]

1.5BTC. I'll use it for trading and investing De

[Doms]

Most of my investments are still in banks. My payroll account is also coming from a bank. Since my transactions are mostly done online, I find no reason to transfer everything in my BTC wallets. I'm keeping a few wallets to manage what little BTC I have at the moment, while banks are still crucial for my online transactions.

[jasondeadz09]

Bitcoin ofcourse.