Bank or Bitcoin Wallet?

[unamis76]

I think there's no doubt in anyone's mind that the option is a Bitcoin Wallet, at least in what concerns security. You get to keep your own funds. But people should not forget that although Bitcoin is an amazing and disruptive technology, it is only on it's first stages... Who knows if Bitcoin will be around in 50 years? Another cryptocurrency might pop up and present itself as a better solution than Bitcoin.

So, in practice, both choices should be made, for now

[thejaytiesto]

There will always be a market for banks to exist because a lot of people out there can't be bothered with the idea of being their own banks. The question is if the existing banks will adapt, or completely new business will kill all existing bank business (for example Xapo being the big name for banks).

[Hugroll]

depends on what you do most. 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, but if you need to spend money regularly, then get a debit card lol 

[seoincorporation]

what you will chose amomg them?

I use both of them, but like to hold most of the money in BTC because if the prize goes up, then i earn money just by holding money.

why do the banks are afraid of bitcoin?

Because banks can't control it.

why banks are not much smooth and faster like bitcoin.

Because they use some retrograde technology who is not blockchain.

if banks start accepting bitcoin as payments then will it became a revolutionary for us?

Yes it will. because if banks use it, then more people will trusr it.

can bank can solve our mining or money curculation probems?

Bank can do mining if the buy miners, but i don't know what money circulation problems you are talking about.

[prodigy8]

Well if you want to use bitcoin through bitcoin debit cards then you should use both of them.
Banks and bitcoins, i prefer more to be my own bank - bitcoin wallet.
You almost can buy anything with bitcoin just sometimes you get discount sometimes you should have to pay more fees.

I'm actually looking into getting a bitcoin debit card from a local exchange here. The only thing that's stopping me are the fees I might incur even when I'm not using it. Debit cards come in handy, especially if I don't have cash at hand and I need to buy something.

The bitcoin debit cards are good at least i consider good only for emergencies.
When you need the money in hurry/urgently then you have this debit card and could be better.
The fees are different from the providers but yeah the fees are that stops me too.

We bitcoin cards first. When it is not convenient for us, we can use fiat cards.

Basically you are exchanging at the same time when you want to withdraw the money.
Some services allows you to exchange first in their website then go to the ATM.
But using bit-x and xapo bitcoin debit card you can immediately withdraw at ATM and the exchange rate is taken at that moment rate.

[teilwalL05]

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.

I'm a newbie in bitcoin, but I think my guess in reading many topics in this forum, banks are associated with our government while bitcoin doesn't need to be involve in governmental affairs! it is great that bitcoin wallets now has faster paying and transferring method that all of us bitcoin users loves!

[Amph]

until now, some of us can't really choose, we are forced to keep the bank, and try to use bitcoin as much as possible, and it's what i'm doing

when greater adoption will kick-in i'll begin to avoid bank slowly, until i can use 100% bitcoin, it's a slow tedious transaction...

[dragonusa9]

until now, some of us can't really choose, we are forced to keep the bank, and try to use bitcoin as much as possible, and it's what i'm doing

when greater adoption will kick-in i'll begin to avoid bank slowly, until i can use 100% bitcoin, it's a slow tedious transaction...

just adapt to the world change
use the best thing that can you use, otherwise choose another that you think the best

[Hellacopter]

until now, some of us can't really choose, we are forced to keep the bank, and try to use bitcoin as much as possible, and it's what i'm doing

when greater adoption will kick-in i'll begin to avoid bank slowly, until i can use 100% bitcoin, it's a slow tedious transaction...

Yes i think everyone from the bitcoin's supporters still using banks and fiat till now, and good part of them are just "forced" making this, like you. It's normal because till now we can only use bitcoin online and even not everywhere, but i think in the near future we will be able to use bitcoin offline too easily

[jt byte]

In the first priority i would place the bank.
It is very useful to trade with people that don't know what bitcoin is.
But with the bitcoin community the first priority is bitcoin, very cheap to receive or send money to others.

[Hellacopter]

In the first priority i would place the bank.
It is very useful to trade with people that don't know what bitcoin is.
But with the bitcoin community the first priority is bitcoin, very cheap to receive or send money to others.

I think we can also talking with people that don't know bitcoins, about this successful cryptocurrency, it's a way to advertise and support Bitcoin as well. Offering making trades through bitcoin with them can be great idea too. And of course we can still using banks in the other hand

[jt byte]

In the first priority i would place the bank.
It is very useful to trade with people that don't know what bitcoin is.
But with the bitcoin community the first priority is bitcoin, very cheap to receive or send money to others.

I think we can also talking with people that don't know bitcoins, about this successful cryptocurrency, it's a way to advertise and support Bitcoin as well. Offering making trades through bitcoin with them can be great idea too. And of course we can still using banks in the other hand

Of course that there is a way to talk with people.
But we can count lots of ignore and only few that will join.
But the main advertisement should do big companies like coinbase, newegg recently etc..

[anthonycamp]

if its for fun that type of money like less than 1BTC you can use wallets but for more i advise intrest into banks its genuine into usa japan and europe

[Supercrypt]

In the first priority i would place the bank.
It is very useful to trade with people that don't know what bitcoin is.
But with the bitcoin community the first priority is bitcoin, very cheap to receive or send money to others.

I think we can also talking with people that don't know bitcoins, about this successful cryptocurrency, it's a way to advertise and support Bitcoin as well. Offering making trades through bitcoin with them can be great idea too. And of course we can still using banks in the other hand

Of course that there is a way to talk with people.
But we can count lots of ignore and only few that will join.
But the main advertisement should do big companies like coinbase, newegg recently etc..

The best way to make people get attracted towards bitcoin must be a free bounty. Making them introduced with faucet kind of this will make them start collecting free satoshis. This will later make them to learn on bitcoins slowly. Then they will become a bitcoiner very soon.

[jt byte]

In the first priority i would place the bank.
It is very useful to trade with people that don't know what bitcoin is.
But with the bitcoin community the first priority is bitcoin, very cheap to receive or send money to others.

I think we can also talking with people that don't know bitcoins, about this successful cryptocurrency, it's a way to advertise and support Bitcoin as well. Offering making trades through bitcoin with them can be great idea too. And of course we can still using banks in the other hand

Of course that there is a way to talk with people.
But we can count lots of ignore and only few that will join.
But the main advertisement should do big companies like coinbase, newegg recently etc..

The best way to make people get attracted towards bitcoin must be a free bounty. Making them introduced with faucet kind of this will make them start collecting free satoshis. This will later make them to learn on bitcoins slowly. Then they will become a bitcoiner very soon.

This is how i joined into the bitcoin community world.
By the giveaway, firstly into the freebitcoin faucet which was good.
I understood at that time how to create an wallet what is address, also then promo code from other third parties.

[ashour]

I would prefer to use a bitcoin wallet instead of a bank. Bank will have control over your money, but a bitcoin wallet doesn't.

[Abiky]

If I compare a bank versus a Bitcoin wallet, all I can say is that you can have more freedom, and control of your money in a Bitcoin wallet, with near zero fees and transactions usually take less than ordinary banks. One last thing, is that Bitcoin is a global currency in which money could be sent from one place to another almost instantly. 

[7788bitcoin]

For me, if bank and bitcoin can work together, it will be perfect! 

[ajun96]

in my country ever once there is a problem that the banks go bankrupt
we are constrained to take your money, it really makes us uneasy
i prefer choose bitcoin wallet

[Ninjaskills]

For me, if bank and bitcoin can work together, it will be perfect! 

i think you cannot to use both of them bro, it can make a confusion, where the balance is divided 2