Bank or Bitcoin Wallet?

[SidaroffVany]

On the banking system or on the banks themselves keep the state, and their existence is simply doomed without banks. Therefore purses will exist but only for small users.

[1715298595]

1715298595

[J Gambler]

As i read so much replies why people still choosing bitcoinwallet instead of banks? Can someone give me the reason really why? for yah banks had lots of features and benofits for yah the banking system where your money is really safe when when someone stall your money you can view the man who did it and where the exact location it withdrew

[Betwrong]

As i read so much replies why people still choosing bitcoinwallet instead of banks? Can someone give me the reason really why? for yah banks had lots of features and benofits for yah the banking system where your money is really safe when when someone stall your money you can view the man who did it and where the exact location it withdrew

First of, not all banks are safe. That depends on where you live. Maybe in the USA your deposits are insured and you are safe in a way, but where I live many banks dissappeared in the previous years and many people were left with nothing. So it's not 100% true that if you keep your money in a bank you are safe.

[socks435]

As i read so much replies why people still choosing bitcoinwallet instead of banks? Can someone give me the reason really why? for yah banks had lots of features and benofits for yah the banking system where your money is really safe when when someone stall your money you can view the man who did it and where the exact location it withdrew

First of, not all banks are safe. That depends on where you live. Maybe in the USA your deposits are insured and you are safe in a way, but where I live many banks dissappeared in the previous years and many people were left with nothing. So it's not 100% true that if you keep your money in a bank you are safe.

This is my first time that i head that its not safe to put your money in banks to save.. and i think bitcoin is more not so safe than banks if it is true.
We are just choosing bitcoin because the benefits of bitcoin are giving us profit.. like to buy low and sell high or doing some task here to get bitcoin..
Unlike to save your money in banks that is more safe.. i dont know for other places but here in my country its more safe to save your money into bitcoins.

[Aamir1]

As i read so much replies why people still choosing bitcoinwallet instead of banks? Can someone give me the reason really why? for yah banks had lots of features and benofits for yah the banking system where your money is really safe when when someone stall your money you can view the man who did it and where the exact location it withdrew

That's right, in a bank if your money is stolen or something like that happens you will get a refund by the bank because that wont be your mistake but if in bitcoin your wallet get hacked and bitcoins are transferred to an address you can never get then back as you cannot get to the person just by his bitcoin wallet.

[rizkyhiw]

if you talking about storing the whole of your money of course you can not choose bitcoin wallet
as bitcoin mostly considered as investment and thing to trade
but if you talking about how to store your money to make it productive
and bitcoin wallet is your choice , you may can see 1 bitcoin turn to 100 bitcoin

That is not possible to turn 1 BTC into 100 BTC by just storing your money because we we store it will not grow. But I get it, maybe you mean the value of our bitcoins will grow but not the volume.

yeah you know what i mean
in the next 20 years noone know bitcoin will up to $10.000 or not
and for me it is really possible to happen , that is why i say it
storing money in bitcoin wallet much more better in this case

[elena-tur]

There will need to raise the question of how much banks and durable system as well as durability and risks being destroyed by the Internet in general. If you look into a bright future, only with banks and wallets will be able to work efficiently, but if all goes badly, only the banks.

[Corenin]

There will need to raise the question of how much banks and durable system as well as durability and risks being destroyed by the Internet in general. If you look into a bright future, only with banks and wallets will be able to work efficiently, but if all goes badly, only the banks.

I think saving money in banks is much safer then bitcoins, as we don't know what will be the price of bitcoin in future and if we put all our money in it and if price crashes then it won't be profitable.

[goinmerry]

There will need to raise the question of how much banks and durable system as well as durability and risks being destroyed by the Internet in general. If you look into a bright future, only with banks and wallets will be able to work efficiently, but if all goes badly, only the banks.

I think saving money in banks is much safer then bitcoins, as we don't know what will be the price of bitcoin in future and if we put all our money in it and if price crashes then it won't be profitable.

Yes that is correct. But I would prefer to at least leave some bitcoin in your wallet. You dont when it could go up also. Just dont fell it with everything, use the profit to be saved in banks that is the wise idea that I have. Somehow spreading the money or taking it to a safer place.

[calkob]

bitcoin wallet everytime that i can get the chance, unfortunatly i cant get paid in bitcoin ......YET but once i can i will surly give up on banks for sure.

[oser41eric]

Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.

[terman45x]

There will need to raise the question of how much banks and durable system as well as durability and risks being destroyed by the Internet in general. If you look into a bright future, only with banks and wallets will be able to work efficiently, but if all goes badly, only the banks.

I think saving money in banks is much safer then bitcoins, as we don't know what will be the price of bitcoin in future and if we put all our money in it and if price crashes then it won't be profitable.

Yes that is correct. But I would prefer to at least leave some bitcoin in your wallet. You dont when it could go up also. Just dont fell it with everything, use the profit to be saved in banks that is the wise idea that I have. Somehow spreading the money or taking it to a safer place.

Its better to use both of them as of now we need both of them as bitcoin price keeps on moving up and down and we are not sure how long bitcoin will survive in future.

[1Referee]

Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.

There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all.

[fkvidar]

Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.

There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all.

Bank transfers doesn't involve any high fees and they have also improved the speed of transactions so I don't think that there is any issue in using bank services at a moment.

[mirakal]

Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.

There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all.

Bank transfers doesn't involve any high fees and they have also improved the speed of transactions so I don't think that there is any issue in using bank services at a moment.

That depends on the area you will transfer you banks, and it would only be easy if you transfer you money from the same banks in different branches or location but with different banks you will have to pay for the charges and that is not fast when transferred of money abroad or international transfer.

[darety1]

I trust Bitcoin as the currency of the future and it is growing in value. So I choose BTC, but for a while I'm using bank services. I get my income in another currency and I cannot pay for all using BTC. For me bitcoin is more as an investment. 

[vavan1974muz]

iam choose bank to saving my money

Yeah there is a lot of people are choosing bank because bank is available in everywhere in the world and we can store our money easily in bank in any place but i hope that bitcoin will be also more going to advance like a bank account and it will be acceptable in everywhere .

It will surely happen some day in future but it will take long time as bitcoin is not too popular everywhere and the fact is people have more faith in banks as they are using it since long time.

i guess bitcoin wallet are pretty much better than banks
banks regulated by government and bitcoin wallet standalone decentralized
banks have a very slow service and bitcoin have a very fast service
so why you still want banks when you can rule your own bank with bitcoin wallet?

Well, we have our own choice, if we can use both why not use it. They have their own benefits from its clients and bitcoin for me is more on investment rather than a storage of my money, if I intend to save I would certainly choose bank.

if you talking about storing the whole of your money of course you can not choose bitcoin wallet
as bitcoin mostly considered as investment and thing to trade
but if you talking about how to store your money to make it productive
and bitcoin wallet is your choice , you may can see 1 bitcoin turn to 100 bitcoin

That is not possible to turn 1 BTC into 100 BTC by just storing your money because we we store it will not grow. But I get it, maybe you mean the value of our bitcoins will grow but not the volume.

I agree that the price of bitcoins will rise, but not the volume.

[BitHodler]

Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.

There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all.

Bank transfers doesn't involve any high fees and they have also improved the speed of transactions so I don't think that there is any issue in using bank services at a moment.

That depends on the area you will transfer you banks, and it would only be easy if you transfer you money from the same banks in different branches or location but with different banks you will have to pay for the charges and that is not fast when transferred of money abroad or international transfer.

When I for example transfer money from where I live in Europe, to for example USA where I have a few family members, then it takes me €0.70 to complete this transaction.

It usually takes a day or two before the receiving party gets the money that I have sent to them.

The fee isn't really a problem for me, but the most annoying part is that it takes a few days to process it. I never get used to this.

[CoinFoxs]

Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.

There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all.

Bank transfers doesn't involve any high fees and they have also improved the speed of transactions so I don't think that there is any issue in using bank services at a moment.

Yes transfer fee is not that much high and fast too and i want to add one thing more, the banks are more safer than bitcoin wallet and if you loose your money from banks you can claim bank and bank will give you back your money while in case of wallet no one whom you claim about your loss.

[Noctis Connor]

I would like to keep bitcoin as it is with wallets, because banks are just a poster sign for centralization and I like the bitcoin of now with no central authority and no control of the network.. Banks are nice because they offer interest but bad for the network overall.

i think secure and saving money bank is still the best
but investment and growth capital money bitcoin still the best

Securing money with bank is still the best where you can earn per month depends on the banks you choose some banks are offering that your money can make 5% of profit per month where they easily add into your account and you will see the logs of earning