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bamboylee
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September 22, 2016, 02:37:28 PM |
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In my opinion btc wallets are a safer option. In the Banks, fees are higher and there is the problem of centralization, but it's still the most practical way.
I completely disagree with you and i feel more safe in bank for putting my large some of money than in bitcoin wallets.In bitcoin wallet we cannot meat their support staff and cant see them in our locality but in my bank i can regularily have a view there,talk to managers for any problem.Even i cannot compare banks with bitcoin wallets. what you are referring to are online wallets. But you can also store your bitcoins in cold wallets where you have all the control regarding the wallet. Your bitcoin is very safe there because you are the only one who knows where it is. As your long as you do not share your keys, then your bitcoin is safe. |
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No Gods or Kings. Only Bitcoin
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The_Dark_Knight
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September 22, 2016, 09:47:25 PM |
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I would choose btc wallet, cause it's more secure and also easier to use, from my point of view. Add the fact that you have more control over your funds.
That is certainly true, but I would prefer banks to save most of the money I have. Because it is a bank guarantee all the funds I have than the wallets of btc. And also the money we save in the bank protection of the State and if there is something definitely will get a compensation worth Saving protection is nothing more than a bluff, if only 5% of the accounts needed to be covered by the bank protection, bankruptcy is inevitable, don’t trust banks or governments they are not your friends and they are not going to save you. |
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YTBitcoin
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September 22, 2016, 11:08:29 PM |
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I would choose btc wallet, cause it's more secure and also easier to use, from my point of view. Add the fact that you have more control over your funds.
That is certainly true, but I would prefer banks to save most of the money I have. Because it is a bank guarantee all the funds I have than the wallets of btc. And also the money we save in the bank protection of the State and if there is something definitely will get a compensation worth but if someone will want to continue transactions from his/her money then for them I will suggest bitcoin wallet as with that he/she will not have to pay high fees of bank and will not have to visit bank again and again and will not have wait for longer periods o transactions. |
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bluechipinvestor
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Activity: 70
Merit: 10
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September 22, 2016, 11:31:41 PM |
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In my opinion btc wallets are a safer option. In the Banks, fees are higher and there is the problem of centralization, but it's still the most practical way.
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Xenophoto
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September 23, 2016, 03:36:41 PM |
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After having a lot of money in a Bitcoin wallet, you'll still use your bank account to withdraw those funds. I think bank is safer in my area, there aren't cases in which people are randomly losing their money on their ATM. Bitcoin wallet is more likely to get hacked if you carelessly revealed your email address. There are a number of tools that a hacker can use to know your password and eventually get all your bitcoins.
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Senor.Bla
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September 23, 2016, 04:50:29 PM |
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After having a lot of money in a Bitcoin wallet, you'll still use your bank account to withdraw those funds. I think bank is safer in my area, there aren't cases in which people are randomly losing their money on their ATM. Bitcoin wallet is more likely to get hacked if you carelessly revealed your email address. There are a number of tools that a hacker can use to know your password and eventually get all your bitcoins.
you would not need to withdraw if you would buy your stuff in bitcoin. or would you still do this if you could pay everywhere in bitcoin? and it is safe if you know how to use it. if you are careless and give everybody your pin number it is kind of your fault if they clean out your account. would you not agree? |
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exscudo
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September 23, 2016, 04:58:23 PM |
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Today, little jurisdictions have legal regulations for bitcoin turnover. This is why banks can hardly enter into this sphere. They just do not have a handy instrument yet.
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krishna1
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September 23, 2016, 05:02:15 PM |
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i choose bitcoin wallet because if i even go to banks they will not treat me like special and also they have very system than bitcoin
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John Constantine
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September 23, 2016, 07:06:09 PM |
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We know that the Bitcoin Wallet has several advantages, but it needs some improvements to achieve the convenience of the most common systems.
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bitcoluck
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September 23, 2016, 08:07:45 PM |
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I think bitcoin wallet is much better in my opinion than a bank since it's more supporting on de-centralization , a bank is unnecessary right now on bitcoin, If a site offers interest in a serious way it would be very interesting though
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Milkduds
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September 23, 2016, 09:42:52 PM |
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I would always suggest being ready for all aspects of financial breakdown,so relying on one more than the other would be shortsighted.
Banks are afraid of bitcoin because people are tied to their banks through very few aspects and breaking those bonds leaves them dangling with no support.
With bitcoin is threatens the established foundation of depositing funds into a bank for safe keeping and using them to transact.
Next step would be investing and then credit and they would be done and I see that as a good thing.
But I would not put all my eggs into bitcoin either because the internet could go down and then where would you be?
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eddyubachs
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September 23, 2016, 09:48:44 PM |
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i choose bitcoin wallet because if i even go to banks they will not treat me like special and also they have very system than bitcoin
Who said that they will not treat you as a special customer? With growing competition among banks each and every customer is important for them and at this stage we cannot depend only on bitcoin wallet, we also need banks for our day to day transactions. |
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MTBTT
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September 23, 2016, 10:05:28 PM |
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I would choose btc wallet, cause it's more secure and also easier to use, from my point of view. Add the fact that you have more control over your funds.
yeah different when you use a bank. all your money will be controlled by the bank. even every day you have limits to take your money from the bank lol |
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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September 23, 2016, 10:15:53 PM |
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i choose bitcoin wallet because if i even go to banks they will not treat me like special and also they have very system than bitcoin
Who said that they will not treat you as a special customer? With growing competition among banks each and every customer is important for them and at this stage we cannot depend only on bitcoin wallet, we also need banks for our day to day transactions. He has somewhat of a point. When you aren't a customers of a certain bank, they are nice to you as they try to convince you to sign up with them. But as soon as you became a customer of their bank, then they are gone. It's hard to seek help in certain cases, they are quite rude some times.... |
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Who_
Full Member
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Activity: 217
Merit: 107
Journalist/Copywriter https://t.me/ZoranSpirkovski
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September 23, 2016, 10:29:54 PM |
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I think this should have been a nice poll, but regardless.
I feel like they both have a place in my life, because while bitcoin is safer and puts money in my own control, not enough people use it yet to completely justify using bitcoin exclusively. Banks are useful, since they can be used to create accounts connected to private companies if you ever plan on starting one. I don't think that the law has evolved to accept bitcoin addresses as valid in terms of analyzing profits and taxing profits from companies.
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Zoran Spirkovski is a freelance journalist, brand strategist, and author published by CryptoBriefing, BeInCrypto, CryptoNewsNet, and NewsBlockchain. He writes about blockchain technology, cryptocurrency, branding, marketing, and productivity and other stories that brew up in his mind. He writes a daily blog about the same topics at zoransp.medium.com and he regularly contributes to freelance discussion groups.
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BitMaxz
Legendary
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Activity: 3248
Merit: 2969
Block halving is coming.
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September 23, 2016, 10:32:32 PM |
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i choose bitcoin wallet because if i even go to banks they will not treat me like special and also they have very system than bitcoin
Who said that they will not treat you as a special customer? With growing competition among banks each and every customer is important for them and at this stage we cannot depend only on bitcoin wallet, we also need banks for our day to day transactions. Yeah we should need banks because we can not exchange our bitcoin into fiat without banks.. and banks for most people here are important to them and for me its important because its a good place to save money. its more safe than bitcoin.. we dont know how long bitcoin will live long.. so banks is the best place for safety of your money.. |
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hendra147
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September 23, 2016, 10:54:27 PM |
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I would choose btc wallet, cause it's more secure and also easier to use, from my point of view. Add the fact that you have more control over your funds.
yeah different when you use a bank. all your money will be controlled by the bank. even every day you have limits to take your money from the bank lol that's the strategy of bank to make our money more safety. bank give each customer limit privacy, to know where he use the money from customer, because that's the strategy of bank to growing it. |
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SquallLeonhart
Legendary
Offline
Activity: 2338
Merit: 1101
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September 23, 2016, 10:57:02 PM |
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i choose bitcoin wallet because if i even go to banks they will not treat me like special and also they have very system than bitcoin
Who said that they will not treat you as a special customer? With growing competition among banks each and every customer is important for them and at this stage we cannot depend only on bitcoin wallet, we also need banks for our day to day transactions. Yeah we should need banks because we can not exchange our bitcoin into fiat without banks.. and banks for most people here are important to them and for me its important because its a good place to save money. its more safe than bitcoin.. we dont know how long bitcoin will live long.. so banks is the best place for safety of your money.. Yes and the fact is if bitcoin disappears then it won't make much difference to us as we always have an optionti of fiat for spending but it would be really panic situation if something goes wrong with banks. |
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Noctis Connor
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September 24, 2016, 02:04:37 AM |
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I would choose a safe btc wallet, because it is more secure and also simple to use, from my point of view.. In addition to this, you have more control over your funds, because it is decentralized.
Bitcoin wallet is not safe either how the bitcoin wallet you are using has been hacked? what are you going to doo? but in bank if you account hack and withdrawn all your money you can trace it you will know where that money withdraw from and you can know who steal it from you  |
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goldcoinminer
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September 24, 2016, 03:57:36 AM |
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I would choose a safe btc wallet, because it is more secure and also simple to use, from my point of view.. In addition to this, you have more control over your funds, because it is decentralized.
Bitcoin wallet is not safe either how the bitcoin wallet you are using has been hacked? what are you going to doo? but in bank if you account hack and withdrawn all your money you can trace it you will know where that money withdraw from and you can know who steal it from you Basically it is not you who are going to trace, that is not your worry anymore because you have already entrusted you money to the bank and whatever happens to your account as long as it is not your negligence, you are covered by the insurance and you will be paid. |
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