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Author Topic: Bank or Bitcoin Wallet?  (Read 230431 times)
kevin go
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February 01, 2016, 05:15:06 AM
 #721

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

yeah be our own bank by using btc..better take control of our money than bank do..
feel free to do anything..if bank, we got so many rules in withdraw and sending money so feel likes not free
btc wallet also anonymous so they dont know out identity..but bank must full identity..
even a child also can have a btc wallet and earn money in btc..but bank..im not sure..
CryingMidget
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February 01, 2016, 05:44:21 AM
 #722

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.


For that You can keep your money in your home itself right! Because bank is also charging fees and other things and all.
I don't how you are define bitcoin is not a safety one. According to Its safe way only according to me.
romero121
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February 01, 2016, 05:59:00 AM
 #723

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

Well said but these days banks are must needed. Somehow everyone has a bank account, it is possible to make a uneducated person understand banking facilities easily. It is much difficult to make the same believe and accept bitcoin. So there arise a conflict. To get out of it can have a bank account as well bitcoin wallet.

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ajun96
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February 01, 2016, 06:20:43 AM
 #724

i better keep my bitcoin safe in my bitcoin wallet notin a bank where it controlls my money
yeah I do not like third parties such as banks. they control the money. sometimes you can not take all your money in one day if you have a lot of money in it, any withdrawal limit per day
eeaweeaws
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February 01, 2016, 06:39:44 AM
 #725

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

yeah, now you can choose bitcoin wallet because it is made from online technology method. its wallet have many facility. bitcoin wallet from anywhere  you can withdraw your money but by bank you can't withdraw your money anywhere the reason bank is stable fix place.
beerlover
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February 01, 2016, 07:01:07 AM
 #726

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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pooya87
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February 01, 2016, 11:52:38 AM
 #727

i better keep my bitcoin safe in my bitcoin wallet notin a bank where it controlls my money
yeah I do not like third parties such as banks. they control the money. sometimes you can not take all your money in one day if you have a lot of money in it, any withdrawal limit per day

but don't forget that we are still reliant on the banks and fiat money since almost every one of our daily needs are met with paper money. although bitcoin is giving us a lot of benefits but it is not yet accepted by businesses which makes it tough to use.

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pneumatic5
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February 01, 2016, 12:09:09 PM
 #728

i better keep my bitcoin safe in my bitcoin wallet notin a bank where it controlls my money
yeah I do not like third parties such as banks. they control the money. sometimes you can not take all your money in one day if you have a lot of money in it, any withdrawal limit per day

but don't forget that we are still reliant on the banks and fiat money since almost every one of our daily needs are met with paper money. although bitcoin is giving us a lot of benefits but it is not yet accepted by businesses which makes it tough to use.

Exactly, you cannot be dependent only on bitcoins, as banks are important too, no doubt the users of bitcoins will never go with banks now, but banks pay you interest on your funds, whereas bitcoin doesn't pay you interest, you need to continuously make efforts to grow your bitcoins.

el-magnifico
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February 02, 2016, 01:20:02 PM
 #729

banks accepting an anonymous, potentially used for money laundering money form? I don't think that will happen soon, Some banks agree to open normal USD accounts for clients related to BTC like exchanges and some don't but accepting BTC directly won't happen anytime soon IMO.
harizen
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February 02, 2016, 03:20:17 PM
 #730

Don't read too much articles or news as it might lead you to an innocent person regarding believes about banks stealing money, frozen accounts, bankrupt thing etc.

Or rather I say, don't stick in the OLD believes and start exploring new knowledge about banking industry.

You don't really knows what Banks can do while at the same time we can get from using Bitcoin wallet too.

Think out of the box. It's already 2016.

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blackraven1425
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February 02, 2016, 03:33:39 PM
 #731

Bitcoin Wallet all along!

Last week my bank account was frauded, 500 dollars were stolen, and the bank gave me a hard time to give back my money. With a bitcoin wallet I would not depend on anyone to store my values.
praprata
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February 02, 2016, 04:18:53 PM
 #732

Bitcoin Wallet all along!

Last week my bank account was frauded, 500 dollars were stolen, and the bank gave me a hard time to give back my money. With a bitcoin wallet I would not depend on anyone to store my values.


Bank 100 percent. I think this fact much safer and it can not be hacked clear.
A wallet can be hacked and I do not want. When I sit I also feel safer in the bank.


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equilibriator
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February 02, 2016, 04:20:22 PM
 #733

Bitcoin wallets, I prefer holding my own money in my "hand" or computer rather than some entity holding it for me...
TTMNewsMJ
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February 03, 2016, 01:13:21 AM
 #734

I am going to choose the bitcoin wallet.
And I will keep all my bitcoins in that wallet.
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February 03, 2016, 01:26:44 AM
 #735

I am going to choose the bitcoin wallet.
And I will keep all my bitcoins in that wallet.
be careful when you save money in the wallet. look swallow truly safe can keep your bitcoin.
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February 03, 2016, 02:32:13 AM
 #736

real life = bank
online life = bitcoin wallet



Yes I agree. Both is important.
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February 03, 2016, 02:58:42 AM
 #737

Bank and bitcoin wallet is different mate. Both o it plays a different roles. Without the bank where fiat is being regulated, the bitcoin will not have any value, mainly because it is still not the main currency that people uses. So I'd say both. Smiley

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February 03, 2016, 05:01:22 AM
 #738

Bank and bitcoin wallet is different mate. Both o it plays a different roles. Without the bank where fiat is being regulated, the bitcoin will not have any value, mainly because it is still not the main currency that people uses. So I'd say both. Smiley
Absolutely bitcoin still needs other currencies to redeem the nominal and true also say that bitcoin is still dependent on other currencies. That is evidenced if you want to find or buy bitcoin bitcoin is still much to send it in advance to the bank.
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February 03, 2016, 05:09:45 AM
 #739

I am going to choose the bitcoin wallet.
And I will keep all my bitcoins in that wallet.
be careful when you save money in the wallet. look swallow truly safe can keep your bitcoin.


That's correct man. Better than online wallet, we can use offline wallet or paper wallet which can be more safer side among others.

Else check desktop wallet like electrum or multibit which can store more wallets together and very smooth in transaction as well.
It can be work in very less internet connection as well, So could have try on that.
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February 03, 2016, 05:20:14 AM
 #740

Bank and bitcoin wallet is different mate. Both o it plays a different roles. Without the bank where fiat is being regulated, the bitcoin will not have any value, mainly because it is still not the main currency that people uses. So I'd say both. Smiley

Are you thinking without value only bitcoin was get adapted by Dell, amazon and other business people.

bitcoin have its more value than fiat according to me. it will gonna change a mile stone price in world market soon.
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