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kevin go
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October 29, 2015, 03:28:25 AM |
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totally choose bitcoin wallet...easy, smooth..and the transaction fee also low
bank have so many requirement...
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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quantumgravity
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October 29, 2015, 03:29:05 AM |
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I don't use banks. I use cash and crypto for pretty much everything.
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lumeire
Legendary
 Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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October 29, 2015, 06:49:11 AM |
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totally choose bitcoin wallet...easy, smooth..and the transaction fee also low
bank have so many requirement...
Why pick one when you can take advantage of both. Banks have mass adoption on their side, btc wallet still hasn't from where I live. It's still a long way for me to use a btc wallet solely. |
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Andrelvogue
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October 29, 2015, 08:57:56 AM |
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I think in BitcoinTalk would say Bitcoin wallet XD so obvious. |
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BitHappy24
Member
Offline
Activity: 98
Merit: 10
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October 29, 2015, 09:03:01 AM |
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Both got their pros and cons, banks can freeze your money, get bankrupt so all your savings are gone, wallets are risky too, there are a lot of hackers around
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prodigy8
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October 29, 2015, 09:07:58 AM |
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If i can afford then i would go completetly in bitcoin.
But at the moment that is not possible, because most of things works through banks.
Even though the fees are much higher than bitcoin there is no other choice at the moment.
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Ninjaskills
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October 29, 2015, 10:03:12 AM |
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totally choose bitcoin wallet...easy, smooth..and the transaction fee also low
bank have so many requirement...
yeah there is no age limit, so it is very easy in bitcoin wallet unlike in the bank, at least we should have the identification |
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harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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October 29, 2015, 10:13:01 AM |
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totally choose bitcoin wallet...easy, smooth..and the transaction fee also low
bank have so many requirement...
yeah there is no age limit, so it is very easy in bitcoin wallet unlike in the bank, at least we should have the identification Bitcoin is money. That's how fiat works. Who doesn't like a legalization thru identification when claiming and receiving money. That's why Bitcoin is still not accepted by all country. I think if all the country in the world will accept bitcoin, identification is one of their priority. If all transaction is anonymous do you think we are safe? Let's say bitcoin money theft. It's hard to trace. |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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October 29, 2015, 10:42:29 AM |
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I don't use banks. I use cash and crypto for pretty much everything.
and how do you acquire cash? usually from atm, which mean that you have a card, which mean that you have a bank account unless 1) you're payed directly with cash, i highly doubt that, 2) you're criminal or doing illegal stuff |
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prodigy8
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October 29, 2015, 10:54:15 AM |
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I don't use banks. I use cash and crypto for pretty much everything.
and how do you acquire cash? usually from atm, which mean that you have a card, which mean that you have a bank account unless 1) you're payed directly with cash, i highly doubt that, 2) you're criminal or doing illegal stuff Not everyone has debit or credit card, neither bank account. 2.5 Billion people in the world does not have bank accounts. Cash to cash transaction are good if they are in short term locations, but for online it does not work. |
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kostya.ash
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October 29, 2015, 11:02:52 AM |
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If i can afford then i would go completetly in bitcoin.
But at the moment that is not possible, because most of things works through banks.
Even though the fees are much higher than bitcoin there is no other choice at the moment.
Yeah true, almost all the needs are still dependent on the existence of the bank bitcoin users still quiet, so it is not yet supported |
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harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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October 29, 2015, 11:06:23 AM |
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If i can afford then i would go completetly in bitcoin.
But at the moment that is not possible, because most of things works through banks.
Even though the fees are much higher than bitcoin there is no other choice at the moment.
Yeah true, almost all the needs are still dependent on the existence of the bank bitcoin users still quiet, so it is not yet supported Bitcoin still has a long way to surpass what banks are currently doing and besides banks have more benefits in general than bitcoin and I will personally vouched that. Depends on the country and bank. I have my own funds in bank and somehow I have some in bitcoin too. Both has pros and cons so start using both of them. I see bitcoin will become truly success after 5 years "if" all country will accept it and will recognized by World Bank. |
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dothebeats
Legendary
Offline
Activity: 3626
Merit: 1352
Cashback 15%
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October 29, 2015, 11:10:09 AM |
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totally choose bitcoin wallet...easy, smooth..and the transaction fee also low
bank have so many requirement...
yeah there is no age limit, so it is very easy in bitcoin wallet unlike in the bank, at least we should have the identification Well the difference I see is that there aren't much places to spend with only bitcoins, so converting to fiat is still necessary in most cases. |
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prodigy8
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October 29, 2015, 11:11:42 AM |
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If i can afford then i would go completetly in bitcoin.
But at the moment that is not possible, because most of things works through banks.
Even though the fees are much higher than bitcoin there is no other choice at the moment.
Yeah true, almost all the needs are still dependent on the existence of the bank bitcoin users still quiet, so it is not yet supported It all depends on which country you are living. In U.S many big e-commerce shops have implemented the bitcoin payment method. In some countries 99%+ of people does not know what bitcoin is so going completely bitcoin is risky depends where you live. |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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October 29, 2015, 01:46:50 PM |
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I don't use banks. I use cash and crypto for pretty much everything.
and how do you acquire cash? usually from atm, which mean that you have a card, which mean that you have a bank account unless 1) you're payed directly with cash, i highly doubt that, 2) you're criminal or doing illegal stuff Not everyone has debit or credit card, neither bank account. 2.5 Billion people in the world does not have bank accounts. Cash to cash transaction are good if they are in short term locations, but for online it does not work. i'm not counting 3world people those don't even need money they live with foods in the forest also don't county children and so on, so form 2.5B you actually have a much lower number |
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Ninjaskills
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October 30, 2015, 07:22:11 AM |
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totally choose bitcoin wallet...easy, smooth..and the transaction fee also low
bank have so many requirement...
yeah there is no age limit, so it is very easy in bitcoin wallet unlike in the bank, at least we should have the identification Bitcoin is money. That's how fiat works. Who doesn't like a legalization thru identification when claiming and receiving money. That's why Bitcoin is still not accepted by all country. I think if all the country in the world will accept bitcoin, identification is one of their priority. If all transaction is anonymous do you think we are safe? Let's say bitcoin money theft. It's hard to trace. if all the country in the world will accept bitcoin, need identifiaction but in fact bitcoin does not need identity verification, maybe if there is verification of identity in bitcoin, many members of which will come out |
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CoinThug
Member
Offline
Activity: 70
Merit: 10
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October 30, 2015, 09:09:10 AM |
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Well some parts of life I still need bank -.- but if i transfer money to other country than Bitcoin Wallet for sure. And I thik everyone well Say Bitcoin wallet.
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Timeline
Legendary
Offline
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
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October 30, 2015, 03:02:36 PM |
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Currently you still need banks. Hopefully in the future its only blockchain technology and cryptocurency.
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Abiky
Legendary
Offline
Activity: 3178
Merit: 1359
www.Crypto.Games: Multiple coins, multiple games
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October 30, 2015, 03:10:58 PM |
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Currently you still need banks. Hopefully in the future its only blockchain technology and cryptocurency.
Unless a Bank of Bitcoin would be established. Such bank would offer checking and saving accounts with deposits and withdrawls made in Bitcoin. They would also offer Mortgage services and the ability to request loans. Security would be even better than ordinary banks (I think) as they would store your funds on cold storage with encrypted private keys. Just my opinion.  |
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2pak
Member
Offline
Activity: 70
Merit: 10
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October 30, 2015, 04:23:47 PM |
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i would choose both because both of then have difference bitcoin is risky we dont know what will happen in the future maybe it will drop or jump the price but the bank is always there not so risky for people.
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