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hermanhs09
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June 06, 2016, 08:58:50 AM |
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Bitcoin=/=bank. Storing bitcoin is like keeping the money under your bed. With the difference that FIAT is vulnerable to inflation and bitcoin is inflation free.
Banks were invented to keep your money safe and to provide some small interest to fight the inflation.
Bitcoin alone fixes all these problems - it is payment processor, has storage potential and you can profit from holding.
I do not trust banks. I once had $90,000 in the bank and wanted to go the the casino for the night. So I went to the bank and asked for $5,000 of my money. They told me that they did not have enough and that I had to go to another branch and get the other half of my money. WTF Screw banks.
I totally agree with you. I would much prefer having bitcoin in a safe secure storage, than to store my wealth in banks. Storing my wealth in banks basically screwing myself up because fiat is forever depreciating. I am also letting the banks do the fractional reserves stuff that they do. In bitcoin, there is no such thing as fractional reserves. |
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Erzatium
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June 06, 2016, 09:02:14 AM |
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If there is one thing i know never use bitcoin wallets for now maybe in the future they would be many times better but for now it is better to use a normal bank and coins can be store on your own pc.
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Skaven
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June 06, 2016, 09:10:32 AM |
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There are allot of people who thinks bitcoin wallets are save enough to use but it is not so. Use banks these days there are allot of scammers around the bitcoin wallets dont trust them.
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JeanMcCoy
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June 06, 2016, 09:32:35 AM |
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if there are only bitcoin wallets i would use them but there are also banks who can keep your money save instead of the wallets who cant. So use banks money is what they can keep save not your worthless coins.
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Ybalevia
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June 06, 2016, 10:16:19 AM |
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People with Bitcoin like of course the Bitcoin Wallet and that is because you can also see that it works well with the Bitcoin so that is really nice.
The only thing that you cant know is what the value will be and that is hard to predict.
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dhimasnk
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June 06, 2016, 10:19:00 AM |
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for security i prefer bank but for transaction, I choose bitcoin because very simple
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arwin100
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June 06, 2016, 11:36:40 AM |
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Bitcoin=/=bank. Storing bitcoin is like keeping the money under your bed. With the difference that FIAT is vulnerable to inflation and bitcoin is inflation free.
Banks were invented to keep your money safe and to provide some small interest to fight the inflation.
Bitcoin alone fixes all these problems - it is payment processor, has storage potential and you can profit from holding.
I do not trust banks. I once had $90,000 in the bank and wanted to go the the casino for the night. So I went to the bank and asked for $5,000 of my money. They told me that they did not have enough and that I had to go to another branch and get the other half of my money. WTF Screw banks.
I totally agree with you. I would much prefer having bitcoin in a safe secure storage, than to store my wealth in banks. Storing my wealth in banks basically screwing myself up because fiat is forever depreciating. I am also letting the banks do the fractional reserves stuff that they do. In bitcoin, there is no such thing as fractional reserves. But really bank is the most safest place on earth were you cam securr your wealth unlike any other methods there and for saving your savings or wealth in your bitcoin wallet is crazy men do you think it is safest than banks? There are some issue of lockdown on wallets and i experience it on my local walley provider they lock up my account without a notice or warning and dont know what is their ground to lock it up, and what if it happens to your wallet well it can make your self in trouble and be broke and floating wallet have many threat unlike bank even if they are bankrupt they have insurance to ensure the security of their client and so they csn pay. |
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Nowl1935
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June 06, 2016, 11:55:12 AM |
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Of course i will pick bitcoin wallet, Its very easy to use. No requirement required upon the registration, Easy to deposit bitcoin, No hassle when it comes to transaction
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SpeedyCapo
Newbie
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Activity: 42
Merit: 0
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June 06, 2016, 01:12:00 PM |
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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.
If you want to be sure that youre money cant be stolen than you have to use just normal banks you know. Bitcoin wallets are to many scammers who want your money and not just to help you investing no steal them. |
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Umigokath
Newbie
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Activity: 55
Merit: 0
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June 06, 2016, 01:15:08 PM |
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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.
I think there are two ways to see this. There are allot of people who use the bitcoin wallet and not even just 1 coin of them are stolen but there are allot of them who are be stolen. So do what you want but banks will always be save, |
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Jaxelrell
Member
Offline
Activity: 85
Merit: 10
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June 06, 2016, 01:21:07 PM |
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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.
there are allot of people i know that have been stolen from their coins because they store them into a bitcoin wallet. So i dont think about it to put them in a bitcoin wallet i only use banks for my real money and store bitcoins on my own pc. |
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sana54210
Legendary
Offline
Activity: 3192
Merit: 1128
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June 06, 2016, 01:21:20 PM |
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If there is one thing i know never use bitcoin wallets for now maybe in the future they would be many times better but for now it is better to use a normal bank and coins can be store on your own pc.
In some sense you are right as in many countries, people could not find all required options for using bitcoins, like to get all the features of banking with bitcoin ecosystem now itself. Moreover bitcoin currently would be more beneficial as an investment but in future it will be the bank as well less your currency. |
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McCombstech
Newbie
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Activity: 23
Merit: 0
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June 06, 2016, 01:22:06 PM |
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There are allot of people who get scammed with that stupid bitcoin wallet so in my opinion it is not save enough to use the bitcoin wallet right now so for now im just using my bank account to mannage my money/.
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saiha
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June 06, 2016, 01:37:16 PM |
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There are allot of people who get scammed with that stupid bitcoin wallet so in my opinion it is not save enough to use the bitcoin wallet right now so for now im just using my bank account to mannage my money/.
It is their fault on how they are scammed from their bitcoin wallet, Bitcoin wallet sites are protected and secured it is your duty to keep your bitcoin wallet information private. Then, why are you here in bitcoin forum? But it is still better to use both. |
Vires in Numeris
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lixer
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June 06, 2016, 01:41:13 PM |
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Of course i will pick bitcoin wallet, Its very easy to use. No requirement required upon the registration, Easy to deposit bitcoin, No hassle when it comes to transaction
Yes anyone can start using bitcoin, right after the moment he decided to. Bitcoin is going to facilitate banking feature to each and every citizen of this world as it does not require any documentation or charges to start with. |
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saiha
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June 06, 2016, 02:04:03 PM |
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Of course i will pick bitcoin wallet, Its very easy to use. No requirement required upon the registration, Easy to deposit bitcoin, No hassle when it comes to transaction
Yes anyone can start using bitcoin, right after the moment he decided to. Bitcoin is going to facilitate banking feature to each and every citizen of this world as it does not require any documentation or charges to start with. I prefer in using them both, for bitcoin I'm going to use of course bitcoin wallet and for real money I would prefer to choose bank, because in bank your money is secured, and also with bitcoin wallet. But I can see that in the future banks will going to adopt bitcoin wallets. |
Vires in Numeris
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sirohige
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June 07, 2016, 09:40:52 AM |
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Of course i will pick bitcoin wallet, Its very easy to use. No requirement required upon the registration, Easy to deposit bitcoin, No hassle when it comes to transaction
Yes anyone can start using bitcoin, right after the moment he decided to. Bitcoin is going to facilitate banking feature to each and every citizen of this world as it does not require any documentation or charges to start with. I prefer in using them both, for bitcoin I'm going to use of course bitcoin wallet and for real money I would prefer to choose bank, because in bank your money is secured, and also with bitcoin wallet. But I can see that in the future banks will going to adopt bitcoin wallets. Im using both of them too, because today we can't life without bank, if in future we can save our money at bitcoin and all people use bitcoin, i think i will leave bank. |
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sulendra12
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June 07, 2016, 09:52:40 AM |
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Because i'm 17 years old , i can't open bank account maybe 1 or 2 years later , i can make account. But now i can make bitcoin to my currency , and after 2 years . I will withdraw to my bank account. I prefer both of them.  |
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marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
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June 07, 2016, 10:50:31 AM |
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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.
I will choose bitcoin as a storage of my money because it can gain money by just waiting it to.rise the price. In bank you need to wait 3-4 years to gain that profit and it is risky because if the bank will bankcrupt what bank will do to refund your money. Here if the bitcoin price will down you need onyl to wait again. |
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Superways
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June 07, 2016, 10:54:09 AM |
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There are allot of people who thinks bitcoin wallets are save enough to use but it is not so. Use banks these days there are allot of scammers around the bitcoin wallets dont trust them.
No I don't think that bitcoin is not secured, people should have to use established wallets and have to use desktop wallets with that they will have complete control on their coins and no one can steal their coins, unless he do not care about his/her wallet details. |
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