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Author Topic: Bank or Bitcoin Wallet?  (Read 230243 times)
NewInCryptoCurrency
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November 18, 2015, 05:11:39 PM
 #241

Yes I choose for Bitcoin Wallet, but this world I can't do just only Bitcoin Wallet so yeah :/

But I don't have a problem with the bank so it is oke.
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November 18, 2015, 05:20:25 PM
Last edit: November 18, 2015, 07:11:05 PM by davinchi
 #242

What does a Bitcoin wallet give you that banks don't?  No interest rates with Bitcoin wallets, no protection from losing money.  I would prefer to store my money in a bank actually at the given moment.

Just some answers on how bitcoin is better....
In many countries, no interest rate or negative interest rate for bank accounts.
Many banks go corrupted/ bankruptcy. No protection in banks too. At least bitcoin so far gave best returns in long term.
To store the value of money for a give time period, we can keep money in a secret box under your swimming pool or garage.
Banks are not at all better in anyways than bitcoin in my perspective.
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November 19, 2015, 04:21:43 AM
 #243

I will choose bitcoin because of its easy transactions.
if only easy transaction, bank is also easy in the transaction
perhaps the reason such as you do not have bank account  Tongue
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November 19, 2015, 04:23:42 AM
 #244

What does a Bitcoin wallet give you that banks don't?  No interest rates with Bitcoin wallets, no protection from losing money.  I would prefer to store my money in a bank actually at the given moment.
yeah i think in the bank we can get protect and safer then bitcoin wallet
there are advantages and disadvantages of each
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November 19, 2015, 04:26:48 AM
 #245

Yes I choose for Bitcoin Wallet, but this world I can't do just only Bitcoin Wallet so yeah :/

But I don't have a problem with the bank so it is oke.
it would be better if you use both
I also wore both, usually I use the bitcoin wallet for online transactions, and banks for transactions offline
its better
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November 19, 2015, 08:41:35 AM
 #246

I will choose bitcoin because of its easy transactions.
if only easy transaction, bank is also easy in the transaction
perhaps the reason such as you do not have bank account  Tongue

bitcoin is more easy, when you want to perform a wire transfer or sepa for example you need to fill plenty of form(name, address bic etc..) all those crap consume time even if it is little time

with bitcoin i just copy paste the address and type the amount, no comparison...
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November 19, 2015, 04:58:42 PM
 #247

Yes I choose for Bitcoin Wallet, but this world I can't do just only Bitcoin Wallet so yeah :/

But I don't have a problem with the bank so it is oke.
it would be better if you use both
I also wore both, usually I use the bitcoin wallet for online transactions, and banks for transactions offline
its better

If I had, I would choose a Bitcoin wallet.
However, very good to use both. Even the Bitcoin I don't does hold in one wallet just a few. This is the safest way to store and invest money - split in several places.
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November 19, 2015, 11:20:11 PM
 #248

As Bitcoin would be seen as a commodity instead of replacing fiat currency, it is still good to have both accounts until Bitcoin is turned into the world's reserve currency. Nevertheless, a Bitcoin wallet would be better if it would be accepted at major businesses such as Walmart, Sears, Target and many other big companies. I'm waiting for Bitcoin to become mainstream adopted anywhere in the world. Just my opinion.  Grin

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elyas772
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November 19, 2015, 11:25:40 PM
 #249

at this moment
wallet and bank something that can not be separated

if you have ~xxxxxbitcoin you will need bank to accomodate your fiat from exchanger,
and you need cast to spend it everyday


I will choose both of them

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November 20, 2015, 05:21:34 AM
 #250

at this moment
wallet and bank something that can not be separated

if you have ~xxxxxbitcoin you will need bank to accomodate your fiat from exchanger,
and you need cast to spend it everyday


I will choose both of them

Till bitcoin goes into main stream, using both bitcoin wallet and bank accounts is inevitable because till then using bitcoin without converting into fiat is not possible. But once everything is available for bitcoin we can use bitcoin directly , then there is no need of converting into fiat. At that time people may go only for bitcoin wallets.
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November 21, 2015, 05:09:34 AM
 #251

I will choose bitcoin because of its easy transactions.
if only easy transaction, bank is also easy in the transaction
perhaps the reason such as you do not have bank account  Tongue

bitcoin is more easy, when you want to perform a wire transfer or sepa for example you need to fill plenty of form(name, address bic etc..) all those crap consume time even if it is little time

with bitcoin i just copy paste the address and type the amount, no comparison...

yes very complicated
when I wire transfer, i choose bitcoin
but for sending in my area I choose the bank or with atm
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November 21, 2015, 05:11:57 AM
 #252

at this moment
wallet and bank something that can not be separated

if you have ~xxxxxbitcoin you will need bank to accomodate your fiat from exchanger,
and you need cast to spend it everyday


I will choose both of them
Yeah for this moment bitcoin cannot stand alone without bank, i should exchange to my currency and wd to bank to use my money
BeGoods
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November 21, 2015, 05:14:16 AM
 #253

I choose bitcoin wallet
like in tag line "Be your own bank"  but I quite difficult to shopoing with bitcoin
faridkifly
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November 21, 2015, 05:17:49 AM
 #254

i prefer Bitcoin Wallet.
because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank
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November 21, 2015, 09:47:03 AM
 #255

i prefer Bitcoin Wallet.
because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank

Online banking is accessible and simple too. You don't even have to visit the branch.


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November 21, 2015, 10:23:14 AM
 #256

I like Bitcoin wallet, because it is like some sort of a wallet in real life. All yours.
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November 21, 2015, 07:02:10 PM
 #257

It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion.  Smiley

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November 21, 2015, 07:40:38 PM
 #258

It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion.  Smiley
Actually you'll lose money with a savings account. Inflation eats that shit raw.
Since bitcoins are not that widely accepted yet I'm forced to use a bank account, I don't like banks at all to be honest. Last time I visited a bank I wasn't really pleased with the service since all the costumer service personnel were like robots. You can't really ask genuine questions.


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November 22, 2015, 04:30:28 AM
 #259

i prefer Bitcoin Wallet.
because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank

Online banking is accessible and simple too. You don't even have to visit the branch.
yeah use internet banking, i think similiar to bitcoin wallet, easy transaction just login and send your money
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November 22, 2015, 04:32:40 AM
 #260

I like Bitcoin wallet, because it is like some sort of a wallet in real life. All yours.
yeah no governing our wallets, in contrast to banks
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