Yakamoto
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Activity: 1218
Merit: 1007
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January 14, 2016, 05:56:14 AM |
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bitcoin always.. because bank transaction are too much slow... whereas btc can be transferred easily, fast, safe and anonymous anywhere in the world..and there are too much reasons why banks don't start accepting btc..
because fiats also have their own value.. and it's physical thing..
and what is need of bank to accept btc..
blockchain is also a big bank for btc... same works... safe deposit.. anywhere online transaction and now there are ATM machine alos for btc...
and so far that day is no longer far that bank will start accepting btc..
This modern digital era is indeed a matter of speed that will win, because they are controlled by different robot with the banks that are still using manpower matter the speed is still limited in terms of service. I do not know why bank / government does not want to cooperate with bitcoin, if they are willing to cooperate would be very beneficial to me Well it is not necessarily the speed at which a transaction can be completed, but also if it is more convenient to use or thing more than the other. In the millennial generation, they will choose whatever suits them the best, and will care less about what generates value for them or what depreciates less over the long term. They are just interested in getting their thing over and done with. |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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knowhow
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January 14, 2016, 03:07:17 PM |
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Allowing banks to full control our money has ended already,currently i maid an investment that will stay at banks for 25 years,that will allow me to retire or get a montly income doing nothing,currently bitcoin cant offer such thing otherwise i would invest those money at bitcoin,i know bitcoin can 2x and should achieve big ammounts but the question is in 25 years bitcoin will hit those numbers?I cant live dreaming with big numbers i must choose what i know it will happen.I keep collecting bitcoins soo in 25 years i will have something near in value what i will get at my bank,but time will show me if i had made the right choise.
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OrangeII
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January 14, 2016, 03:13:38 PM |
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Bitcoin without regulations make it unsafe when you compare with banking system. But 2008 - 2011 crises show us nowhere is safe...  there are advantages and disadvantages bitcoin without regulation, I prefer without regulation, because there is no governing the use of bitcoin when compared with the bank system, for example there is a financial crisis your bank account could be frozen while, in contrast with bitcoin  when it comes to security, of course banks have tighter security than the wallet bitcoin, because the bank is a native of artificial government, experts mobilized to design the security systems of banks, but the reply about the transaction faster, I prefer wallet bitcoin |
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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January 14, 2016, 03:45:02 PM |
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So use both. I really don't want bitcoin to be centralized because Im fine with the current system of bitcoin. Don't pray for bitcoin to be replaced the banking system. If that will happen, revenue of some country will get a portion of NDP like the current banking system do aside from taxing it. Many post here about the freedom that bitcoin give to them but never realizing if the same freedom will be experience once bitcoin face all the terms that banking system facing today.  |
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btvGainer
Legendary
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Activity: 854
Merit: 1000
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January 15, 2016, 09:52:36 AM |
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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.
In bitcoin context,bank are wallet do not have much difference.You can store,receive and send bitcoin at your convenience from wallet and bank both |
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TTMNewsMJ
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January 15, 2016, 10:00:09 AM |
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Bitcoin wallet
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krunox123
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January 15, 2016, 12:27:27 PM |
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if you need to spend money regularly, then get a debit card if you just want to store money then go with a bitcoin wallet because the increase in price would pay you more than the annual interest from bank, so depends on what you do most I'm pretty sure there is Bitcoin debit card already. For instance, e-coin debit card. Their card be used almost anywhere that accept card as payment method. |
Life sucks.
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dhimasnk
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January 15, 2016, 12:37:05 PM |
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I would still choose the bank, because for me bitcoin just as a way to invest
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RyanX
Full Member
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Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
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January 15, 2016, 01:46:24 PM |
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I would still choose the bank, because for me bitcoin just as a way to invest
If you have to pay a fee to get bitcoin, then it is better to use a bank card. I mine bitcoin, so I use the bitcoin to pay my daily living, that is similar to pay the electricity. |
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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January 15, 2016, 01:54:34 PM |
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Bitcoin wallet
And then how you will deposit and cashout from from wallet, I mean you have money but you cant use it as real with bitcoins, so I guess we need both of them, bank and bitcoin wallet both ! This may be the situations until bitcoin goes main stream, once hit main stream then we just need only bitcoin wallets. |
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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January 15, 2016, 02:10:22 PM |
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if you need to spend money regularly, then get a debit card if you just want to store money then go with a bitcoin wallet because the increase in price would pay you more than the annual interest from bank, so depends on what you do most I'm pretty sure there is Bitcoin debit card already. For instance, e-coin debit card. Their card be used almost anywhere that accept card as payment method. But not all country and stores are accepting bitcoin debit card as it will need a lots and bigger development to be accepted worldwide. Much better to have at least an instant fiat savings when you need it most and you don't have to spend time doing some withdrawing method especially for urgent money needs. |
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krunox123
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January 15, 2016, 02:20:46 PM |
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if you need to spend money regularly, then get a debit card if you just want to store money then go with a bitcoin wallet because the increase in price would pay you more than the annual interest from bank, so depends on what you do most I'm pretty sure there is Bitcoin debit card already. For instance, e-coin debit card. Their card be used almost anywhere that accept card as payment method. But not all country and stores are accepting bitcoin debit card as it will need a lots and bigger development to be accepted worldwide. Much better to have at least an instant fiat savings when you need it most and you don't have to spend time doing some withdrawing method especially for urgent money needs. That is true, but Bitcoin debit card is just an alternative way for you to spend your Bitcoin on websites or stores that do not accept Bitcoin as payment method. And AFAIK, credit card or debit card are widely used as payment method if you do not have cash or want to spend your money on online stores. |
Life sucks.
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harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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January 15, 2016, 03:00:01 PM |
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if you need to spend money regularly, then get a debit card if you just want to store money then go with a bitcoin wallet because the increase in price would pay you more than the annual interest from bank, so depends on what you do most I'm pretty sure there is Bitcoin debit card already. For instance, e-coin debit card. Their card be used almost anywhere that accept card as payment method. But not all country and stores are accepting bitcoin debit card as it will need a lots and bigger development to be accepted worldwide. Much better to have at least an instant fiat savings when you need it most and you don't have to spend time doing some withdrawing method especially for urgent money needs. That is true, but Bitcoin debit card is just an alternative way for you to spend your Bitcoin on websites or stores that do not accept Bitcoin as payment method. And AFAIK, credit card or debit card are widely used as payment method if you do not have cash or want to spend your money on online stores. In terms of bank owned credit and debit card, yes it really used widely. There are Mastercard, Visa, Bancnet etc. which is affiliated now from all over the banks in the world including mine's credit and debit card. If bitcoin debit card will be like that, hey that's a good alternative and another achievement in bitcoin history. |
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Altynbekova
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January 15, 2016, 03:01:56 PM |
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I would still choose the bank, because for me bitcoin just as a way to invest
If you have to pay a fee to get bitcoin, then it is better to use a bank card. I mine bitcoin, so I use the bitcoin to pay my daily living, that is similar to pay the electricity. I don't mine bitcoin, but how much do you pay for energy or something like that and how much do you earn mining with bitcoin? Because I think just having a signature campaign and trying to just trade I think you can earn quite a lot. |
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hendra147
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January 15, 2016, 03:16:08 PM |
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Both of them is good,
im use both of them,,,
save bitcoin for sell at highest price and save my fiat currency at bank for buying bitcoin at lowest price
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bitlancr
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January 15, 2016, 03:39:12 PM |
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Bitcoin wallet
And then how you will deposit and cashout from from wallet, I mean you have money but you cant use it as real with bitcoins, so I guess we need both of them, bank and bitcoin wallet both ! This may be the situations until bitcoin goes main stream, once hit main stream then we just need only bitcoin wallets. For now you are going to need both, unless of course the country you live already adapted to bitcoin which I highly doubt. I myself have to choose for bank, I'm still depending on a bank. |
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mobidirmob
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January 15, 2016, 04:36:22 PM |
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Not all people use bitcoin to send or receive payments.
The number of people is very small comparing to number of people that use banks.
I think to use both of them, bitcoin mostly if you use it more often and bank for rare transaction
waleette is good
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Dux2K
Legendary
Offline
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
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January 15, 2016, 04:50:38 PM |
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Both saver that way
I plan to order btc card and then im in full
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greBit
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January 15, 2016, 06:30:13 PM |
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Both saver that way
I plan to order btc card and then im in full
btc wallet is more reliable than banks, because they don't charge taxes or interests, in btc wallet you are always in control plus you have the option to cash out any time no matter how good or bad the market maybe. |
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HarHarHar9965
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January 15, 2016, 06:35:29 PM |
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Both saver that way
I plan to order btc card and then im in full
Find e-coin bitcoin debit card dude. Its much useful. Even I am having the same. You can use it anywhere. My opinion is Bitcoin wallet only because It more than bank. you can own the bank of yours. Transaction fees will do good in bitcoin but in bitcoin fees are there and many money scratching thing are in bitcoin. |
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