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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
ajun96
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January 03, 2016, 11:21:27 PM
 #441

The answer for this question is very confusing, because both are important,

Bitcoins is just like Gold , which at the end of the date we have to convert it to fiat currency , and bitcoin is not working like bank, if you are going for bitcoins like bank then their are more complications which will be facing it.
bitcoin actually can be used directly, without having to convert it to fiat money, unlike gold,
but its use in life is still very limited
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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secone
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January 04, 2016, 04:32:31 AM
 #442

I prefer more to be my own bank by having a paper wallet or lately the hardware wallets which are phenomenal, i don't prefer much local banks.

but you need local bank to convert your bitcoin from paper wallet to buying something in "real life"
i prefer both of them, bank and bitcoin like something that is conected
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January 04, 2016, 08:26:05 AM
 #443

I prefer more to be my own bank by having a paper wallet or lately the hardware wallets which are phenomenal, i don't prefer much local banks.

I like to see, more and more people becoming self-sufficient and take money in their own hands, as it should be.

I have nothing against banks, but I think banks in it's core should be only lenders-depositors, and should not be holding that much amount of money.

cracker95
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January 04, 2016, 09:01:30 AM
 #444

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.
bitcoin very easy use in anytime
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January 04, 2016, 09:24:49 AM
 #445

The bank as bitcoins can hardly be spent in local shops and with a bank we have access to use atm machines and pay in any shops.

With bitcoins the only people accept them are the ones who believe in it.
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January 04, 2016, 10:15:10 AM
 #446

I prefer Bitcoin wallet, because it cannot get frozen and i have full control over it.
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January 04, 2016, 10:22:04 AM
 #447

In general, both bank and bitcoin wallet has features which gives their user's comfortability and stress free.

It's up to user itself in which option they feel secured so there's no really a right answer for which is the best.

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January 04, 2016, 11:02:04 AM
 #448

I'll still use bank to save my moneys, it got interests and much more safer than bitcoin.

You could make a credit card or debit card too.

Bitcoin? i'll safe up a little, still scared if I ever got hacked, no one will help then.
hey man.. there are some who do not you know about bitcoin. now with bitcoin you can make debit and credit cards many of its providers
i think very little interest in the bank. maybe 1% per year.. are you confident with it lol Grin


You can make debit and credit card with bitcoin now? Well, if thats true, then it's better to use bitcoin then.

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January 04, 2016, 12:20:40 PM
 #449

I really like bitcoin wallet, because it is just like the money in my wallet.
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January 04, 2016, 12:49:24 PM
 #450

As for now both because I can not handle all my things just with Bitcoin it is not sufficient for everyday payments.It would be pleasure and is more safer to be just on Bitcoin wallet but still I am dependent on banks for some more years.
jangloos
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January 04, 2016, 12:52:35 PM
 #451

I am converting my savings by and by into Bitcoin.If Bitcoin is widely accepted I will definitely use it and will quit banking services.I think that day isn't too far when we will have possibility to choose what we want.
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January 04, 2016, 01:01:50 PM
 #452

The bank as bitcoins can hardly be spent in local shops and with a bank we have access to use atm machines and pay in any shops.

With bitcoins the only people accept them are the ones who believe in it.

Bitcoin debit cards were also invented, you dont need a bank for a payment card, since it already works with bitcoin.

krunox123
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January 04, 2016, 02:13:05 PM
 #453

what you will chose amomg them.
I personally will choose Bitcoin wallet rather than Bank.

and why do the banks are afraid of bitcoin.
Because they couldn't stop the peoples that use Bitcoin to move their coins elsewhere.

why banks are not much smooth and faster like bitcoin.
IMO, because anyone in the world with Bitcoin can send and receive Bitcoin to anyone in the world in matter of second no matter where you are. And you need not to go through the hassle too.

if banks start accepting bitcoin as payments then will it became a revolutionary for us?
The possibilities is high with Bitcoin, so yes.

can bank can solve our mining or money curculation probems.
Certainly no.

Life sucks.
harizen
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January 04, 2016, 02:19:56 PM
 #454

As for now both because I can not handle all my things just with Bitcoin it is not sufficient for everyday payments.It would be pleasure and is more safer to be just on Bitcoin wallet but still I am dependent on banks for some more years.

Yes and if Bitcoin can surpass what banking system does, as in the whole world will used it, of course, no questions asked, I will transfer 100% to bitcoin. Right now, Im using both as I gain comfortable with both.

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January 04, 2016, 02:53:23 PM
 #455

bank = If you choose the security of transactions and guarantee funds you save.

bitcoin wallet = if you choose the convenience and speed of transaction (everytime and everywhere).

match yourself?  Wink Wink
i think bitcoin wallet can be more than the convenience and speed of transaction.
bitcoin can be like a bank.. you can get maximum security in bitcoin wallet by adding some security such as authentication, Google auth, sms code, etc
it is very safe as a bank

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January 04, 2016, 03:03:38 PM
 #456


IMO, because anyone in the world with Bitcoin can send and receive Bitcoin to anyone in the world in matter of second no matter where you are. And you need not to go through the hassle too.

Actually that is because of regulations, that is why it takes 4 days to send a wire transfer.

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January 04, 2016, 03:38:14 PM
 #457

I choose bitcoin wallet, because it's simple websites (i'm using blockchain) and we can pay anything and buy anything online via bitcoin.
I think in the online is still small merchants who accept bitcoin as a payment option, they still believe in paypal or PM
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January 05, 2016, 12:54:20 AM
 #458

bitcoin wallet will be the choice in this modern era (digital) while the bank is conventional storage media that may be a bit of its users in the future.
I believe this would happen in near future, in the end we'll use bitcoin over the world.
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January 05, 2016, 08:40:47 AM
 #459

I choose both but prefer to bitcoin wallet.

Bitcoin will be a future currency, nowadays you can use bitcoin debit card, bitcoin wallet is have great security, cold wallet, multisig wallet, ect.

But don't rule out the possibility if bitcoin always be a volatile value.
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January 05, 2016, 08:44:34 AM
 #460

SOME in a bank, but the majority in a wallet. I even record a wallet.dat on a DVD-rw at times so I have one or so around if my

computer should be done in due to something and need re-doing. I also am getting a btc debit card so I can withdraw some cash.

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