Bank or Bitcoin Wallet?

[coin_gambler]

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.

in my opinion you are right though i usually prefer bitcoins because i really like it

to be honest if i have a possibility i would use only bitcoins

[saiha]

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.

Me too, I'm not going to choose one of it, because for physical money of course you need bank and with bitcoin, you need to have bitcoin wallet.
So it is better to choose both and you don't have choose between them.

[harizen]

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.

Well others bank haters really don't know that both has different roles. How come they can compared the security of their money with bitcoin and bank without looking at all aspects.

They just know some usual reasons like bank being robbed, being fraud, being bankrupt without knowing that claims "CAN'T" be applied in GENERAL for all the banks globally.

[Wowcoin]

I think i use both of them coz they are thesame usefull for a fastest and convient use like withdraw cash.

[xIIImaL]

I think i use both of them coz they are thesame usefull for a fastest and convient use like withdraw cash.

But bitcoins can never replace banks and it doesn't guarantee that banks will disappear in the future with the existence of bitcoins, as banks are the most trusted institutions by the people and people have more faith in banks as compared to bitcoins, and there are many people who haven't even heard about the bitcoins and would hesitate in using bitcoins and they would prefer banks over the bitcoins that is for sure.

[Nouelle-Hunter]

I prefer bank  more than bitcoin wallets  why? simply because bank has more security than bitcoin .. if your looking for security choose bank but if you want to risk your money but not too risky  choose   bitcoin wallet like now halving is near and as of now the bitcoin value continues to rise up  so I think its a matter of decision and some researches

[Doms]

I use both according to what I need and what function they serve. I have this growing trust on bitcoin that is why I'm allotting more budget in buying it, especially when there are price dips. Since i treat bitcoin as mainly another form of investment, I try to hold as much as I can, and only use a small amount for my online purchases. Most other items I have to pay, I use my debit card from my bank. My UITF account in my bank is already on recovery stage and I plan to hold it still for the years to come.

[gilangIDR]

I prefer the bank because the bank is guaranteeing the money I have. I am not afraid of losing my money because no financial institution that guarantees the money I had. Besides, the bank has been recognized by the government of a country.

[Decoded]

Bank pays interest - Bitcoin pays value.


It just hangs on whether you value fiat or crypto more - and if you think your hands are safer than a bank's.

[Altynbekova]

I prefer the bank because the bank is guaranteeing the money I have. I am not afraid of losing my money because no financial institution that guarantees the money I had. Besides, the bank has been recognized by the government of a country.

Hackers are targetting banks the same way they target bitcoin holders. Just looked what happened in Bangladesh. Also don't forget most banks (govenments) can honor a max. value (in my country 100k), if a bank goes in debt (cyprus, greece) all other money is gone. So security...?

But for paying bills i have to agree banks are way more convenient.

[GermanFoobla]

I would use a bank instead of the bitcoin wallet because the bitcoin wallet is to new and there are to many people who dont trust the bitcoin wallet at all so use banks if you want to be sure that your cash is save.

[BitsandBites]

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..

I think it is better to use a bank than useing the bitcoin wallet because there are so many people who want to use the bitcoin wallets and he is not even secured enough so i would say becareful dont use the bitcoin wallet.

[Notin2]

i would say btc wallet since btc value is more inline with my believe and am some how in control

[hermanhs09]

i would say btc wallet since btc value is more inline with my believe and am some how in control

Yeah, with bitcoin there is a chance of making an unexpected profit while it's sort of boring have a bank account with money in it since you know how much you'll get every year, which is very little.

With a bitcoin wallet, you're being your own bank.

[chaser15]

i would say btc wallet since btc value is more inline with my believe and am some how in control

Yeah, with bitcoin there is a chance of making an unexpected profit while it's sort of boring have a bank account with money in it since you know how much you'll get every year, which is very little.

With a bitcoin wallet, you're being your own bank.

Bank is financial institution.

Bitcoin is currency.

What is the sense of comparing price fluctuations in bitcoin to the price fluctuations in fiat?

Fiat is more used as a currency. Bitcoin is for investment. So it's obvious that bitcoin has an active fluctuation but for the usage it's lacking.

See the difference? Next time compare bank to bitcoin or bitcoin to bank when you have a strong point of comparison.

[daringdiscovered]

Bitcoin wallet is much more easier and convinient to use. Because in bitcoin wallets you can easily transfer and receive amounts. Even if you are at home you cand send to your relatives abroad. You don't have to go to banks just to send them money. And bitcoin has smaller transaction fees than banks and that is the beauty of it.

[AsaroUk]

Bitcoin wallet is much more easier and convinient to use. Because in bitcoin wallets you can easily transfer and receive amounts. Even if you are at home you cand send to your relatives abroad. You don't have to go to banks just to send them money. And bitcoin has smaller transaction fees than banks and that is the beauty of it.

I'm using it both to be honest because of the fact that you cannot fully use the wallets right now, I also think wallets are way better because of the fact they are easy with using.
Plus they are in my eyes better because you are controlling your own money.

[reRaise]

Btc wallet for sure.

[Mvaporis1961]

Bitcoin wallet because of the fast transaction unlike banks that when you send some cheque they will hold for several days but in bitcoin when you send some bitcoin it will take up to 2 hrs to finished the confirmation.

[X-ray]

Bitcoin wallet because of the fast transaction unlike banks that when you send some cheque they will hold for several days but in bitcoin when you send some bitcoin it will take up to 2 hrs to finished the confirmation.

But, bank and bitcoin have a different way. Transaction of bitcoin is anonymity and have a high chance of criminal activity different with the bank they want to decrease criminal activity from tightening security and transaction.