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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
RealBitcoin
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January 31, 2016, 03:28:12 PM
 #701

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.

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January 31, 2016, 03:39:15 PM
 #702

Bank or bitcoin wallet in my opinion the same, the same as is used to store.
But banks have interest so great than bitcoin wallet, I would choose bitcoin wallet. But the matter of security in my opinion safer bank.

Absolutely right, from aspect security bank more excellent then bitcoin wallet... but although that if you make transactions will be cheapest bitcoin then bank fee transactions.
low fees is one of the advantages bitcoin but for security reason bitcoin and bank have the same risk because i was heard some people lost their money when use online bank services because malware system

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January 31, 2016, 04:10:53 PM
 #703

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.


Banks are completely worst one according to me. they were equals to scammers in bitcoin transactions.
Only thing they give a good interest But they deduct everything from your in future. Btc transaction will consume very less fee when compare with bank's fees consumption.
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January 31, 2016, 04:13:54 PM
 #704

for me, I prefer the wallet than the bank, the bank is quite troublesome to me, because I was someone with a personality that is happy to be in the house, so I prefer to use bitcoin wallet than using bank


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January 31, 2016, 04:18:19 PM
 #705

Bitcoin wallet any day, Bitcoin isn't a scam, is interest free. Can't be stolen robbed.. The list goes on, what i fail to understand is why don't we act when we are offered a change! We all want change but do nothing about it.
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January 31, 2016, 04:34:02 PM
 #706

for me, I prefer the wallet than the bank, the bank is quite troublesome to me, because I was someone with a personality that is happy to be in the house, so I prefer to use bitcoin wallet than using bank

Home delivery/Work from home are some advantages for the people of your kind. Bitcoin would be a better choice for you people. In many countries still women/girls are not allowed to go out of home freely. For them also, bitcoin would be a better choice over bank accounts.
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January 31, 2016, 06:10:56 PM
 #707

Bank or bitcoin wallet in my opinion the same, the same as is used to store.
But banks have interest so great than bitcoin wallet, I would choose bitcoin wallet. But the matter of security in my opinion safer bank.

Absolutely right, from aspect security bank more excellent then bitcoin wallet... but although that if you make transactions will be cheapest bitcoin then bank fee transactions.

Bank security is also not of a great help if the bank goes in losses. However, one can get their savings back if the Government does help. In case of bitcoins, it's only if the bitcoin value turns 0, the user loses his/her money else with the help of private keys, we can never loose access to our wallet.
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January 31, 2016, 06:15:42 PM
 #708

bank is too mainstream right now, i would choose bitcoin wallet instead of it as it provides better services
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January 31, 2016, 06:57:54 PM
 #709

Both keep both you never know what will come it good to have them both

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January 31, 2016, 07:01:33 PM
 #710

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.
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January 31, 2016, 07:10:23 PM
 #711

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.
Yes,
No freezing of funds
No maintenance fee
No penalty for non maintaining of minimum balance
Unlimited  transactions
Unlimited send/receive limit

Wow.... this list must be bigger beyond my knowledge on bitcoin. I believe someone will continue it....
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January 31, 2016, 07:36:34 PM
 #712

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.
Yes,
No freezing of funds
No maintenance fee
No penalty for non maintaining of minimum balance
Unlimited  transactions
Unlimited send/receive limit

Wow.... this list must be bigger beyond my knowledge on bitcoin. I believe someone will continue it....
Really its a great work of Satoshi, where we get lots of facilities in one umbrella, and there is no need of bank. We can save our bitcoin in our digital wallet from there we can sell or buy through local bitcoins market in a very low transaction fees.

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January 31, 2016, 07:49:19 PM
 #713

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.
Yes,
No freezing of funds
No maintenance fee
No penalty for non maintaining of minimum balance
Unlimited  transactions
Unlimited send/receive limit

Wow.... this list must be bigger beyond my knowledge on bitcoin. I believe someone will continue it....
Really its a great work of Satoshi, where we get lots of facilities in one umbrella, and there is no need of bank. We can save our bitcoin in our digital wallet from there we can sell or buy through local bitcoins market in a very low transaction fees.

Yes bitcoin system is a must needed solution in modern digital era. Innovating an alternate to traditional banking system must be a big achievement of this century. Bitcoin will replace banks. Luckily now itself I choose bitcoin wallet.
ricardobs
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January 31, 2016, 08:14:52 PM
 #714

Bitcoin wallet any day, Bitcoin isn't a scam, is interest free. Can't be stolen robbed.. The list goes on, what i fail to understand is why don't we act when we are offered a change! We all want change but do nothing about it.
It's not about bitcoins being a scam but if they are termed as illegal, all the bitcoin wallet websites can be shut down with immediate notice. This wouldn't be the first time that it would happen but with regards to banks, there is more security that our money would be safe.
SirLancelot
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January 31, 2016, 08:37:24 PM
 #715

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.


Banks are completely worst one according to me. they were equals to scammers in bitcoin transactions.
Only thing they give a good interest But they deduct everything from your in future. Btc transaction will consume very less fee when compare with bank's fees consumption.

Why banks are scammers? I know about some banks who freeze any accounts dealing with bitcoins but that is because they are strict and bitcoins are not legal. Only for paying no taxes and because of less bitcoin fee, bitcoins don't become as secure as banks.
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January 31, 2016, 08:48:40 PM
 #716

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.


Banks are completely worst one according to me. they were equals to scammers in bitcoin transactions.
Only thing they give a good interest But they deduct everything from your in future. Btc transaction will consume very less fee when compare with bank's fees consumption.

Why banks are scammers? I know about some banks who freeze any accounts dealing with bitcoins but that is because they are strict and bitcoins are not legal. Only for paying no taxes and because of less bitcoin fee, bitcoins don't become as secure as banks.

It depends on what kind of transactions one wants to make and how. For me, I use both as I need fiat cash sometimes to pay for my daily needs while bitcoins are mainly used for online transactions. If I need to pay someone via WU, I prefer sending bitcoins to their wallet rather than fiat as it's more expensive.
naidray
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January 31, 2016, 08:49:40 PM
 #717

I prefer to have a bitcoin wallet as I control the coins stored in my wallet. With offline wallets, my coins are more secure and I don't have my offline wallet stored on my primary computer to protect it from getting hacked. Banks are more strict and their taxes are too much for me as I fall in the income tax category.
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January 31, 2016, 08:55:57 PM
 #718

banks are the main method that people use right now but i think i would choose bitcoin wallet

 
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January 31, 2016, 08:58:32 PM
 #719

banks are the main method that people use right now but i think i would choose bitcoin wallet
Well banks are used because most of the don't have access, or care about, any other monetary system. They all utilize fiat, and the primary storage system for fiat money is banks. They won't be using a Bitcoin wallet if they have no Bitcoin, in the same way we won't use a bank to store our Bitcoin because we have Bitcoin wallets.

EDIT: Quote format screwed up
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January 31, 2016, 10:28:12 PM
 #720

i better keep my bitcoin safe in my bitcoin wallet notin a bank where it controlls my money
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