Bank or Bitcoin Wallet?

[praprata]

It depends.

Bitcoin Wallet:

• Your money can increase/decrease from time to time.
• Secured as long as you protect your key.
• The only one you have to trust is yourself.
• Versatility and Availability: you can use it in a lot of ways. Anywhere.

Bank Account:

• You have to trust the bank with your money.
• You can gain interest (through time deposit) but very slow.
• Security for me is better here. Because this is in the mainstream unlike bitcoin.

Indeed I think its really depending on what you as a person like about storing money and what you want to do and achieve of course.

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[Supercrypt]

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.

What is wrong if people are thinking of bitcoin wallet as safe banking. Moreover with a strong encryption and strong password your wealth in the format of bitcoin is highly secured than any bank safe from any hacker.

Cold storage kind of option can be considered as bank deposit or bank safe. Your bitcoin will remain with you all the time and more importantly very securely.

[arwin100]

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.

What is wrong if people are thinking of bitcoin wallet as safe banking. Moreover with a strong encryption and strong password your wealth in the format of bitcoin is highly secured than any bank safe from any hacker.

Cold storage kind of option can be considered as bank deposit or bank safe. Your bitcoin will remain with you all the time and more importantly very securely.

But i think he have a point out there since  i agree with hes thoughs that banks is really the most safest than bitcoin wallet  although if your storing your money in banks is you can het small roi in long period of time unlike in bitcoib wallet you can earn big profit if price soar high, but totally no one can beat the bank in terms of safetyness of your wealth and you can really trust to put your wealth there unlike bitcoin wallets that its prone to attackers.

[Dwelach]

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.

What is wrong if people are thinking of bitcoin wallet as safe banking. Moreover with a strong encryption and strong password your wealth in the format of bitcoin is highly secured than any bank safe from any hacker.

Cold storage kind of option can be considered as bank deposit or bank safe. Your bitcoin will remain with you all the time and more importantly very securely.

But i think he have a point out there since  i agree with hes thoughs that banks is really the most safest than bitcoin wallet  although if your storing your money in banks is you can het small roi in long period of time unlike in bitcoib wallet you can earn big profit if price soar high, but totally no one can beat the bank in terms of safetyness of your wealth and you can really trust to put your wealth there unlike bitcoin wallets that its prone to attackers.

Maybe one of the reasons why banks dont like bitcoins is bitcoin and bitcoin wallets is maybe too many people who have money on banks transfer all their money to their bitcoin wallets to make it profit  and maybe they want to handle their money by their own.
Bitcoin have many features that banks dont have.

[mightyghz]

"Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible."

"If your capital can be controlled it's not your capital anymore."

-Satoshi Nakamoto

[OrangeII]

Well, I use the bank to save my money. I think there is a safe and reliable, but I mostly use bitcoin wallet for business purposes. if I had the choice, for the moment, I chose both

[Altcoinsupporter]

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.

But I feel happy that I have two options to save my money. I feel the money in bank is lesser safer than with my bitcoins. In future, I will have only one that will be based on convenience, definitely only bitcoin.

I will choose for Bitcoin Wallet and that is because you have to know that the Bitcoin wallet works well with Bitcoin itself so that is really nice.
But of course it should be bad if there will be more people that is not using it and that have to change and we have to promote it more.

[Dakron]

Bank than Bitcoin Wallet for now this two have different advantages and disadvanges.
Bank because bitcoin is now popular in my country this time.
Bitcoin best in online shopping and Paying bills.

[secone]

It depends.

Bitcoin Wallet:

• Your money can increase/decrease from time to time.
• Secured as long as you protect your key.
• The only one you have to trust is yourself.
• Versatility and Availability: you can use it in a lot of ways. Anywhere.

Bank Account:

• You have to trust the bank with your money.
• You can gain interest (through time deposit) but very slow.
• Security for me is better here. Because this is in the mainstream unlike bitcoin.

Im trust bank more than bitcoin , in my country we have the deposit insurance agency, so if bank collapse im still avaible to acces my money.

But i love bitcoin, the growing rate, the simple way to receive and send my money every where, so im use bitcoin too

 both of them is important for my life.

[agustina2]

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.

What is wrong if people are thinking of bitcoin wallet as safe banking. Moreover with a strong encryption and strong password your wealth in the format of bitcoin is highly secured than any bank safe from any hacker.

Cold storage kind of option can be considered as bank deposit or bank safe. Your bitcoin will remain with you all the time and more importantly very securely.

You know what is wrong for those bitcoin enthusiast?

There negative looks at the bank and when you tell them show some proofs or valid support to their claims they can't answer properly.

I just now wondered if they just post it because of signature campaign or they copy the thoughts from other poster here to make there post really releveant.

[sempak]

Bank than Bitcoin Wallet for now this two have different advantages and disadvanges.
Bank because bitcoin is now popular in my country this time.
Bitcoin best in online shopping and Paying bills.

yes to the trend is now on the e-market. then bitcoin has a huge advantage. all transactions go online. and any transaction fee is very small. thus making customers comfortable using bitcoin.

[pereira4]

You are not going to get rid of the necessity of having a bank anytime soon. As long as dollar is the most accepted currency, having a bank account is a necessity.

This does not mean that Bitcoin will not stop growing nonstop, and at some point in the future it may take a big chunk off the dollar, driving price to 1million or more.

[gilangIDR]

I would choose bitcoin. because bitcoin provides convenience and comfort to me. I can transact wherever and whenever I want. it was very helpful in my life.

[Bitcoinbro]

I honestly would pick the back for normal payments and the bitcoin wallet for online payments, I really think that is the best choice to be honest.

[HilbillyFred]

If you have Bitcoin than it will be of course better that you are going to use a Bitcoin wallet and that is because it works well with Bitcoin and you also know that it is really safe to use it.
And it is also easy to pay and have some transaction via your Bitcoin wallet and that is perfect of the wallet.

[Nouelle-Hunter]

I have both o my lifw but i think bitcoin wallets is still besf for me.Bitcoin wallets are portable banks for me,it offers bigger interest because bitcoin price is keep on rising so the money you invest in is growing also.It also offer faster transactions because of its wireless transactions and smaller fee on every transactions

[martinacar]

If you have Bitcoin than it will be of course better that you are going to use a Bitcoin wallet and that is because it works well with Bitcoin and you also know that it is really safe to use it.
And it is also easy to pay and have some transaction via your Bitcoin wallet and that is perfect of the wallet.

A wallet is okay but the most people over here got it both of course, I like them both for there own reasons plus with the bitcoin you cannot pay a lot of things these days.

[CoinSiteDesigner]

Bitcoin Wallet - If you're confident that the price gonna rise and rise.

Bank - If you want your money to be stable and earn some interest on it.

You can't always rely on bitcoin, if the price drops when you think it'll rise, you'll just get panic and sell at cheaper price and end up losing.

[Ryananda]

Bitcoin Wallet - If you're confident that the price gonna rise and rise.

Bank - If you want your money to be stable and earn some interest on it.

You can't always rely on bitcoin, if the price drops when you think it'll rise, you'll just get panic and sell at cheaper price and end up losing.

Bitcoin wallet and each bank has a role. Bitcoin wallet can be used to store bitcoin, Whereas banks used to make bitcoin into money. Everything we often use in transactions.

[Woshib]

I can not choose the Bank and Bitcoin.
Especially because they have the same function, pay and get paid.
So, both of them are useful.