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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
Abiky
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November 17, 2015, 11:49:46 AM
 #201

I would prefer a Bitcoin wallet than a bank account for many reasons. One of them is the flexibility of having control of my own money, and second I don't need to worry about lots of fees like banks do. So, if Bitcoin were to used by many businesses physically in the world, I would replace my bank account to a Bitcoin wallet.  Grin

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Eroanwan
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November 17, 2015, 12:24:37 PM
 #202

Well Bitcoin wallet. But I don't trust it 100% So I do some in BTC wallet and the rest in the bank.

But 100% I will replace bank for btc wallet.
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November 17, 2015, 12:29:52 PM
 #203

I would like to choose btc wallet because it is having the most smooth experience and if  we hold our money for long time in btc wallet the most probability is of increasing its value.
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November 17, 2015, 01:35:41 PM
 #204

I choose for BTCwallet because, the goverment can't control your money.

And sending money is kinda cheap than a bank.
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November 17, 2015, 01:59:42 PM
 #205

Still bank really rocks for me. Look like others don't have bank account here and don't know how banks really works that's why they just easily saying btc wallet are greater than banks. Majority here just amused of the anonymous transaction of bitcoin. Is that the only one you like? LOL.

Bitcoin today needs more development to surpass what bank accounts did so for now Im preferred banks over btc wallet.

That's why Im using them both. Much better if they exists both.

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HeroCat
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November 17, 2015, 02:04:11 PM
 #206

Banks will start to accept Bitcoin soon, just one bank will start and others will follow. First come, first served - first bank can get new customers with that   Wink
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November 17, 2015, 03:22:05 PM
 #207

Banks will start to accept Bitcoin soon, just one bank will start and others will follow. First come, first served - first bank can get new customers with that   Wink
I think Its impossible, instead of banks are still wary of bitcoin, they are unlikely to accept the bitcoin, it can create a stir market
kostya.ash
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November 17, 2015, 03:29:46 PM
 #208

Still bank really rocks for me. Look like others don't have bank account here and don't know how banks really works that's why they just easily saying btc wallet are greater than banks. Majority here just amused of the anonymous transaction of bitcoin. Is that the only one you like? LOL.

Bitcoin today needs more development to surpass what bank accounts did so for now Im preferred banks over btc wallet.

That's why Im using them both. Much better if they exists both.
maybe some of them are still minors and have not been able to create a bank account
true what you say, we will always need a bank for bitcoin transactions, when I'm going to buy something, I had to change to dollars then witdraw to the bank,
This can not be, if only using bitcoin wallet, need better innovation for bitcoin wallet
yenxz
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November 17, 2015, 03:32:07 PM
 #209

If you want a simplr and fast transaction,choose bitcoin wallet..
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November 17, 2015, 03:36:30 PM
 #210

i guess bank account is better as we get some interest on the money we deposit...........

but i think btc wallets are much secure...

it would be good to if we get something that can these feature..

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November 17, 2015, 03:41:36 PM
 #211

I think in today's world we need both. But if I had to choose, it will be difficult, but I would rather Bitcoin wallet Wink
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November 17, 2015, 03:53:44 PM
 #212

Bitcoin Wallet is the choose for me.

I don't mine using the bank but for sending money BTC is better.

And I mean to the other world.
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November 17, 2015, 04:05:33 PM
 #213

i guess bank account is better as we get some interest on the money we deposit...........

but i think btc wallets are much secure...

it would be good to if we get something that can these feature..

bitcoin wallet is an investment itself, so when the price increase like the last time you gain tons of interest, not even comparable  to the bank, with their silly 1-2%
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November 17, 2015, 04:09:33 PM
 #214

according to my opinion, bitcoin is far better than banks, as they pay us ery less intrest as compared to the rate of inflation per year.
And when the bitcoin prices gets pumped up like recently then we gain hefty returns by trading them on an exchange.
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November 17, 2015, 04:15:06 PM
 #215

i guess bank account is better as we get some interest on the money we deposit...........

but i think btc wallets are much secure...

it would be good to if we get something that can these feature..

bitcoin wallet is an investment itself, so when the price increase like the last time you gain tons of interest, not even comparable  to the bank, with their silly 1-2%

I think it's pretty obvious being this is a Bitcoin forum, that the answer for most of us would be bitcoin. But banks are banks and bitcoin is bitcoin, they're two different entities each with advantages and disadvantages in different regards.

I'd choose bitcoin for sending or transferring money, but I'd prefer a bank if we're talking about holding my savings, at least while the economy is stable.

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November 17, 2015, 04:21:58 PM
 #216

I chose both, I think maybe there will come a time when we use the bank to save our money and there are times when even we meniympan bitcoin we have in the wallet  Smiley
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November 17, 2015, 04:22:45 PM
 #217

I would always choose a Bitcoin wallet that I have on my computer. It allows me to own my money. I don't like my money to be controlled by greed driven third party fools.
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November 17, 2015, 04:57:53 PM
 #218

Well my answer is prolly biased, billy I would definitely choose a Bitcoin wallet over a bank wallet, just cuz Bitcoin is so much easier to handle
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November 17, 2015, 05:06:41 PM
 #219

if i have to choose between bank and bitcoins then i would prefer to choose bitcoins, due to the main reason of hastle of opening new bank account whereas opening a new bitcoin wallet is very easy and can access it any time wheather it be night or any official holiday.
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November 17, 2015, 05:09:17 PM
 #220

banks are slow when it comes to sending and receiving payments from one bank to the other. if you send or receive money from and to the same bank, then it's instantly. but i will always choose offline storage over a bank when it comes to bitcoin.
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