Bank or Bitcoin Wallet?

[greatr]

For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.

For me i also choose bitcoin because now im looking for fast income thats bitcoin is while in the bank less risk but its take a lot of time to earn an interest on your savings.

well with banks in my opinion there are a lot of risks because banks might fail any time thus you wouldnt get any profit from it and banks might actually dont ive you back money i think

i definitely hold my money in a bitcoin wallet because in my opinion in this way my money are really safe and i think no one can actually steal my bitcoins from a cold storage

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[vetpet]

No wallet gives interest in stores bitcoins whereas of someone deposited a certain amount of money in a bank under fixed deopsit or similar scheme he is basically earning on his money that is residing safely in the account. You gotta invest or use those bitcoins in some scheme to earn more. Although bitcoins are more prone to get lost due to scams that are a major nuisance for even the most careful of bitcoiners. Hence banks...

O really? The value of bitcoin is increasing every year. Bank's earnings don't cover even inflation. Moreover when you put your money in bank, you are accomplice in scam credit generation.

[Whosdaddy]

For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.

For me i also choose bitcoin because now im looking for fast income thats bitcoin is while in the bank less risk but its take a lot of time to earn an interest on your savings.

well with banks in my opinion there are a lot of risks because banks might fail any time thus you wouldnt get any profit from it and banks might actually dont ive you back money i think

i definitely hold my money in a bitcoin wallet because in my opinion in this way my money are really safe and i think no one can actually steal my bitcoins from a cold storage

Banks has risks? I don't think so.
As for our case, banks are usually run by government and they would have to compensate for all the cost/investments made on that bank if the bank decides to close. Still, banks are going to loose their value due to the advantages and benefits of bitcoin ecosystem.

[ausbit]

No wallet gives interest in stores bitcoins whereas of someone deposited a certain amount of money in a bank under fixed deopsit or similar scheme he is basically earning on his money that is residing safely in the account. You gotta invest or use those bitcoins in some scheme to earn more. Although bitcoins are more prone to get lost due to scams that are a major nuisance for even the most careful of bitcoiners. Hence banks...

I totally disagree to your words. The interests from the banks is just an game. The value of money depriciates everyday not because it's in limited amount but beacause the value of money is regulated by the banks as it prints money out of thin air. The banks don't have the real gold backed currency and when there is crisis it can never pay back to every person so, bitcoin wallets are safer.

[cluit]

We have to understand that ALL banks are scams. All of them generate money from air, offer not backed by real fund credits. They are parasites on our life. But now they are trying to control our life, they could block your account anytime, could refuse your payment, etc. That is the point of the main difference from bitcoin.

Yes exactly All banks are ripping people off. Central banks create money from thin air and feed off common people's hard work. If we do our research the banking system is the biggest enemy of the human society. It's never a good idea to deposit money in the bank. In some circumstances the banks may not even pay our money back. So, Bitcoins have real value and I choose Bitcoin wallet.

[teilwalL05]

Bank or bitcoin wallet? It is depend on you where you are most likely memorize how to use it both, but for me i think bitcoin wallet. I think this is much more convinient. 

If I think that bitcoin wallet bank and the same thing and I need both. I need to save bitcoin bitcoin I get and I need a bank to cash a bitcoin I collected earlier. I think both the same and have their respective positions and the advantages of each.

yes, you were also right both of them have their respective positions and I'm also planning now to open a personal account.
So, while before I can't open right now, I just used remittances to cash out my bitcoin.  

[PemburuReceh]

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want.

[ning_chang]

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.

For i will choose a bitcoin because Bitcoin is very fast transaction and they are tax free. Better than bank. And the most i Like is he can free to earn a real money without spending a money. that's why i like bitcoin better than bank. Because bank is there are a big taxes for your money. Depending on how big your money. And the transaction is very slow. 😂  that's why i choose bitcoin because everybody is free to join and get and earn a real money. No matter what age of you.

[Corenin]

I will prefer to choose both of them as we need banks to save our money in a safest way and bitcoin is the best when it comes to access your money anytime you want.

[takingthis4]

For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

I also like bitcoin much more because of this feature, with bitcoin I can send and receive even from those countries where it is difficult via banks and other payment systems.

thats true, it is really easy to use bitcoins in my opinion and you can use your money whenever you want and how much you want as no banks have control over it

i always use bitcoin wallet though i usually have to have a bank wallet too because i need some fiat for the daily needs that i cannot buy with my bitcoins unfortunately

[PokerFace3]

first in some countries government need to accept bitcoin currency and regularize the bitcoin , once government regularizes the bitcoin  automatically bank will try to  accepting the bitcoin currency . And second thing bitcoin is not very much popular like other currency ,if people knows about the bitcoin technology,then more and more people and also bank will accept bitcoins

Yes if people know about bitcoin would be very nice, because bitcoin is very unique. Would many of those who were like bitcoin. I think the usefulness of bitcoin wallets and bank are very different and it will not collide with each other. Because both have the benefit of each. I think if people use their bitcoin will also use the bank.

because bitcoin is very unique, that lot of people still don't know about it based on my opinion
bitcoin have a ton of benefit if you can use it well, but it's depend how you use it. and still lot of people choose both of them for daily use

If government of every country legalizes bitcoin then popularity is second thing. Can be said legalization of bitcoin is enough for its popularity
If every people will be knowing about bitcoin than I think bitcoin will obviously favorite than bank and its liquidity and most instant with less fees comparitively

[elobizph]

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want.

I think when it comes to the secure nature, you should not just think of it ease of storing with increased safety than the bank accounts. You also need to think of the long lasting. Bitcoin is just a baby when you think of bank existence. Also none is sure of bitcoin future.

[asriloni]

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want.

I think when it comes to the secure nature, you should not just think of it ease of storing with increased safety than the bank accounts. You also need to think of the long lasting. Bitcoin is just a baby when you think of bank existence. Also none is sure of bitcoin future.

I should agree with you,bitcoin still can't beat bank on safety and security,when you use bitcoin and you lose your bitcoin there's nothing you can do,but when your bank get stolen, like hacked you'll have the possibility to recover it back through contacting bank and there's still insurance backing you

[Labumi]

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want.

I think when it comes to the secure nature, you should not just think of it ease of storing with increased safety than the bank accounts. You also need to think of the long lasting. Bitcoin is just a baby when you think of bank existence. Also none is sure of bitcoin future.

I should agree with you,bitcoin still can't beat bank on safety and security,when you use bitcoin and you lose your bitcoin there's nothing you can do,but when your bank get stolen, like hacked you'll have the possibility to recover it back through contacting bank and there's still insurance backing you

Yup, this is a weakness in the bitcoin. Because the company doesn't have a bitcoin gives responsibility for everything that happened, but this is the most enjoyable and profitable because we're not bound by the rules that can make us uncomfortable with this.

[pandalion98]

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want.

I think when it comes to the secure nature, you should not just think of it ease of storing with increased safety than the bank accounts. You also need to think of the long lasting. Bitcoin is just a baby when you think of bank existence. Also none is sure of bitcoin future.

I should agree with you,bitcoin still can't beat bank on safety and security,when you use bitcoin and you lose your bitcoin there's nothing you can do,but when your bank get stolen, like hacked you'll have the possibility to recover it back through contacting bank and there's still insurance backing you

Yup, this is a weakness in the bitcoin. Because the company doesn't have a bitcoin gives responsibility for everything that happened, but this is the most enjoyable and profitable because we're not bound by the rules that can make us uncomfortable with this.

The best thing about bitcoin is also possibly the worst thing about it: we own and control our funds.

[BitcoinSupremo]

I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want.

I think when it comes to the secure nature, you should not just think of it ease of storing with increased safety than the bank accounts. You also need to think of the long lasting. Bitcoin is just a baby when you think of bank existence. Also none is sure of bitcoin future.

Although I agree with you that bitcoin is still in its infancy stage and is a very young currency it has much more potential than keeping your money in the bank. You can keep bitcoin in your PC, or in your hardware wallet for increased safety and exchange some of them to cash whenever you feel like it. And get that money to your Credit or Debit card and withdraw that into cash. Thats the only thing the bank is needed for me. Bitcoin is much better than a bank.

[wuvdoll]

For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

I also like bitcoin much more because of this feature, with bitcoin I can send and receive even from those countries where it is difficult via banks and other payment systems.

thats true, it is really easy to use bitcoins in my opinion and you can use your money whenever you want and how much you want as no banks have control over it

i always use bitcoin wallet though i usually have to have a bank wallet too because i need some fiat for the daily needs that i cannot buy with my bitcoins unfortunately

Well, this is a bitcoin community we have here so it's a little obvious that we would mostly prefer bitcoins over banks.

I don't hate banks generally though since I am able to safekeep my cash with them but I do think bitcoins is a lot better because there are chances for the price to increase and so our money would just keep growing without us actually doing anything.

[OrangeII]

I actually have akunn bank and bitcoin wallet, but I tend to prefer bitcoin wallet, because the transaction is very quick and can be done anytime. but I still use both to run my business

[bitbunnny]

I have both, bank account and Bitcoin wallet but I'd like to be independent from banks and use only Bitcoin. So far, due to the different reasons that isn't possible but that would be like I got my freedom again.

[Doamader]

Bitcoin has its own bank system and doesn't generate any fee from that, but holding bitcoin has been the most easy way to get and generate new and fresh money.