Bank or Bitcoin Wallet?

[goldcoinminer]

I would put half in the bank and half in Bitcoin.

That is better, knowing your plan let me conclude that you trust bitcoin. It is very rare to see people trusting half of their assets in bitcoin and we know how risky doing that since anytime our money will be lost due to some hacking but I commend you doing that as you will also be rewarded for your faith.

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[greatr]

I would put half in the bank and half in Bitcoin.

the same for me, i think both of them are kinda safe and i dont need to search any other alternatives though i like bitcoins more to be honest

[noictib]

Both have different usage, bank wallet and bitcoin is different, bank wallet is accepted everywhere but bitcoin is not accepted everywhere

[Digitalbitcoin]

Folks how can we compair two very different thing at same.

As Bitcoin is Virtual Digital Currency.  Which is present virtually, but have lots of features.

Bank is governed by centralized communities.

Two are different things but important factor belonging to both of is both can be evaluated/exchanged with each other.

[Juliamit]

Right now i am comfortable with banks and bitcoins is just for speculation and altcoins trading for me, say it as a part time job

[Sarosliya]

I prefer to keep both just to get best of both.  
Each mode has its own pros and cons. Bitcoin can't provide as much stability as provided by banks and bank's transactions are not as fast as bitcoin's is.  

[Digitalbitcoin]

Folks how can we compair two very different thing at same.

As Bitcoin is Virtual Digital Currency.  Which is present virtually, but have lots of features.

Bank is governed by centralized communities.

Two are different things but important factor belonging to both of is both can be evaluated/exchanged with each other.

I would like to mention important aspect of Both currencies as Fiat and Digital is

1) Digital Currencies are decentralized no one control it
2) Have strong security
3) Due to peer to peer network valuation will be increase exponentially in future.


Now If consider fiat currency It has drawbacks
1) This is centralized government controls it.
2) Limitation to use in other geographical regions except than own country. in such case user have to pay extra exchanger charges for exchanging own currency in suitable currency.

[Yutikas_11920]

Right now i am comfortable with banks and bitcoins is just for speculation and altcoins trading for me, say it as a part time job

Yeah, it's not for now also friends. But it's also for our future, because I think that the bank is the safest and most warranties are definitely for the money that we have in the bank. I also use the bitcoin for profit, so as my wealth grew and more can help many people

[Digitalbitcoin]

Folks how can we compair two very different thing at same.

As Bitcoin is Virtual Digital Currency.  Which is present virtually, but have lots of features.

Bank is governed by centralized communities.

Two are different things but important factor belonging to both of is both can be evaluated/exchanged with each other.

I would like to mention important aspect of Both currencies as Fiat and Digital is

1) Digital Currencies are decentralized no one control it
2) Have strong security
3) Due to peer to peer network valuation will be increase exponentially in future.


Now If consider fiat currency It has drawbacks
1) This is centralized government controls it.
2) Limitation to use in other geographical regions except than own country. in such case user have to pay extra exchanger charges for exchanging own currency in suitable currency.

Now most important thing

Bitcoin or any digital virtual currency is based on connectivity. As Tier 1 and Tier 2 countries have strong internet access to user publicly, but in tier 3 or lesser countries still dont have that much strong internet connectivity.

And as any of cryptocurrency needs connectivity its cannot be used with internet.

So in such conditions people will definitely prefer to go with fiat currency.

But cryptocurrency or altcoin have ability to exchange then within any of fiat currency globally.

[Emitdama]

 will choose for bitcoin if I will be in my country as in my country I am facing some problems with my bank and because of that I am tired with banks, but with bitcoin I am feeling much more convenience and are happy with that.

[BlackPanda]

I would put half in the bank and half in Bitcoin.

That is better, knowing your plan let me conclude that you trust bitcoin. It is very rare to see people trusting half of their assets in bitcoin and we know how risky doing that since anytime our money will be lost due to some hacking but I commend you doing that as you will also be rewarded for your faith.

it was remarkable. must be very difficult to store some wealth for bitcoin. by this I believe that there are still many people in this world who believe in bitcoin. bitcoin indeed the future is so bright.

[DomesticTrader]

If you want to know what i think about the wallet is that when you want to store your coins you can better do it on your own computer or harddrive than putting them in a wallet online because there are several hackers who really want your wel deserved coins you know!

[John Constantine]

I use both, but I think bitcoin wallet is the best alternative, because of its simple process, with no high fees for transaction. It's not the same with banks, especially if you are processing payment at higher amount.

[MingLee]

I use both, but I think bitcoin wallet is the best alternative, because of its simple process, with no high fees for transaction. It's not the same with banks, especially if you are processing payment at higher amount.

They do have higher processing costs because of them having to pay people who do the things for you, however at the same time they do make a lot of money from other things and at a point it is just price gouging in a legal manner. There are not that many costs associated with transactions, even though it sounds like there are. Bitcoin is exceptional for most transactions across borders because of this.

[bitdumper]

Ofcourse i will choose bitcoin wallet insted of banks they have rules over us for many years and we have no options at that time but now the time has changed we are free now and we are more developed

[socks435]

I use both, but I think bitcoin wallet is the best alternative, because of its simple process, with no high fees for transaction. It's not the same with banks, especially if you are processing payment at higher amount.

For me its better to use that both because you can not instantly withdraw bitcoin unlike banks with credit card. that you can withdraw anytime in aTM's
I experience withdrawing bitcoin here in my place unlike before that you can withdraw instantly without a problem now i am halving a problem delays and it takes few hours before you can get refund and withdraw them in other processor.

[mobilestrike]

I use both, but I think bitcoin wallet is the best alternative, because of its simple process, with no high fees for transaction. It's not the same with banks, especially if you are processing payment at higher amount.

For me its better to use that both because you can not instantly withdraw bitcoin unlike banks with credit card. that you can withdraw anytime in aTM's
I experience withdrawing bitcoin here in my place unlike before that you can withdraw instantly without a problem now i am halving a problem delays and it takes few hours before you can get refund and withdraw them in other processor.

I am also currently relying on my bank to deposit and withdraw my fiat to bitcoin and bitcoin to fiat, But I hope that in the future we will get a system where we will not need banks for our withdrawal, I want bitcoin ATM in every country of the world.

[1Referee]

I use both, but I think bitcoin wallet is the best alternative, because of its simple process, with no high fees for transaction. It's not the same with banks, especially if you are processing payment at higher amount.

For me its better to use that both because you can not instantly withdraw bitcoin unlike banks with credit card. that you can withdraw anytime in aTM's
I experience withdrawing bitcoin here in my place unlike before that you can withdraw instantly without a problem now i am halving a problem delays and it takes few hours before you can get refund and withdraw them in other processor.

I am also currently relying on my bank to deposit and withdraw my fiat to bitcoin and bitcoin to fiat, But I hope that in the future we will get a system where we will not need banks for our withdrawal, I want bitcoin ATM in every country of the world.

In order to make it interesting for companies creating and spreading these ATM's, people need to actually use them. If no one is using them, then there is no incentive for these companies to install any more of these ATM's.

[bestluck]

I use both, but I think bitcoin wallet is the best alternative, because of its simple process, with no high fees for transaction. It's not the same with banks, especially if you are processing payment at higher amount.

For me its better to use that both because you can not instantly withdraw bitcoin unlike banks with credit card. that you can withdraw anytime in aTM's
I experience withdrawing bitcoin here in my place unlike before that you can withdraw instantly without a problem now i am halving a problem delays and it takes few hours before you can get refund and withdraw them in other processor.

I am also currently relying on my bank to deposit and withdraw my fiat to bitcoin and bitcoin to fiat, But I hope that in the future we will get a system where we will not need banks for our withdrawal, I want bitcoin ATM in every country of the world.

In order to make it interesting for companies creating and spreading these ATM's, people need to actually use them. If no one is using them, then there is no incentive for these companies to install any more of these ATM's.

I think with ATMs more people will be aware about that and they will start to learn about bitcoin and will try to adopt it as soon they know about all the features of bitcoin and especially when they know about its earning opportunities.

[CROSS.]

They are both good to use. But I like the online wallets more. I hope later that more people will use the online wallets, it is easy to use and that is quite good.
Older people need normal banks, because they dont even know what Bitcoin is and that is why they use normal banks.