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Author Topic: Bank or Bitcoin Wallet?  (Read 230431 times)
nejibens
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February 11, 2016, 06:42:14 PM
 #801

Personally i use both wallet and banking account
Because nowadays we actually need to pay with fiat sometimes in addition with using Bitcoin
secone
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February 15, 2016, 03:26:11 AM
 #802

Iam use both of them
bitcoin wallet for invest in "new money", also i think bitcoin can be demand in future
and im use bank for safe local currency and use it everyday
teilwalL05
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February 15, 2016, 07:11:31 AM
 #803

Iam use both of them
bitcoin wallet for invest in "new money", also i think bitcoin can be demand in future
and im use bank for safe local currency and use it everyday

yup! both will be a good choice I quite might say as well, at first I am using just my bitcoin wallet because of it's secure features and your money is increasing in it because of bitcoin movement on the market, and now I am using bank now a bank that are connected with my bitcoin wallet so I can transact in an instant and can change my bitcoin with fiat.
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February 15, 2016, 08:05:00 AM
 #804

I would choose for the bitcoin wallet, its independent and fast, you control it by yourself.
In my opinion the bank is not always fast and for sure not independent.
correct. I love there are no rules of bitcoin, does not like banks. their lot with the rules difficult, especially banks sometimes carry out maintenance and not every day they go to the office, in contrast with bitcoin 24/7
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February 15, 2016, 08:19:33 AM
 #805

Iam use both of them
bitcoin wallet for invest in "new money", also i think bitcoin can be demand in future
and im use bank for safe local currency and use it everyday
This is how i do too, i have invested a little bit in bitcoin and i hope to get a profit in the next few years, and i use bank for everyday use.
tn211
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February 15, 2016, 08:47:27 AM
 #806

I would choose for the bank because the bank is more secure, and you also get some interest. Although a bitcoin wallet is pretty secure and you are controlling your own money(bank) so that's also pretty sweet of course.
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February 15, 2016, 09:05:25 AM
 #807

I would choose for the bank because the bank is more secure, and you also get some interest. Although a bitcoin wallet is pretty secure and you are controlling your own money(bank) so that's also pretty sweet of course.

How is a bank more secure? Banks have a limit to what amount of your money is secured. Some countries have your money secured till the amount of $50-$100K. If something happens with the bank you have stored your money in, then if you have $1 million in your bank account it will vanish since your money is only secured to $100K at most.
Laosai
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February 15, 2016, 09:32:50 AM
 #808

I would choose for the bank because the bank is more secure, and you also get some interest. Although a bitcoin wallet is pretty secure and you are controlling your own money(bank) so that's also pretty sweet of course.

No no noooooooo!

The main point of btc is to have no use at all for banks!
A wallet is perfectly secure, it can NOT be hacked!
Just be smart and use a desktop wallet not an online shitty one like xappo or blockchain

Mickeyb
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February 15, 2016, 09:34:15 AM
 #809

Just be smart and use a desktop wallet not an online shitty one like xappo or blockchain
And if you wanna go hardcore, don't keep any record of your private key and just keep it in your brain  Cool
teilwalL05
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February 15, 2016, 09:37:26 AM
 #810

I would choose for the bank because the bank is more secure, and you also get some interest. Although a bitcoin wallet is pretty secure and you are controlling your own money(bank) so that's also pretty sweet of course.

How is a bank more secure? Banks have a limit to what amount of your money is secured. Some countries have your money secured till the amount of $50-$100K. If something happens with the bank you have stored your money in, then if you have $1 million in your bank account it will vanish since your money is only secured to $100K at most.

Yup! Totally agreed!
And if your bank of choice got Rob how would you say the bank is secure that they will not be bankrupt that they will give to you your money that is rob? well I don't think so while btc wallet is your online bank that you know that are secure because their is no physical form that will be rob by anyone.
ThunderThomas
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February 15, 2016, 09:53:35 AM
 #811

The bitcoin wallet is much better is secured and also fast and easy, plus its also that the bitcoin can gain more profit than a bank account. I choosing for the bitcoin wallet for sure much better.

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February 15, 2016, 10:00:36 AM
 #812

Just keep in mind that bitcoin is made not to replaced the banking system.

In some view you are getting benefits from using bitcoin than bank but globally speaking it's not.

There are some places in the world that has no internet connection nor any possible way to access digital world so bitcoin here can't help.

Comparison is not the topic here. Lots of shit post here honestly thinking they know every sides of bitcoin and bank deeply.

If you found yourself comfortable in either one of them then go with that.

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masyari
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February 15, 2016, 10:05:39 AM
 #813

The bitcoin wallet is much better is secured and also fast and easy, plus its also that the bitcoin can gain more profit than a bank account. I choosing for the bitcoin wallet for sure much better.
with bank if you get hacked. bank will responsible your lost bro. diferent with bitcoin
Imoote
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February 15, 2016, 01:09:43 PM
 #814

The bitcoin wallet is much better is secured and also fast and easy, plus its also that the bitcoin can gain more profit than a bank account. I choosing for the bitcoin wallet for sure much better.
with bank if you get hacked. bank will responsible your lost bro. diferent with bitcoin
Yes absolutely right bank have full accountability is different from the bitcoin if lost we can only sincerely. But the bank fees greater than the bitcoin. For I think bitcoin transaction is still inferior to the bank, but for ease of bitcoin easier than banks, and that's what got me interested.
teilwalL05
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February 15, 2016, 02:05:49 PM
 #815

Just keep in mind that bitcoin is made not to replaced the banking system.

In some view you are getting benefits from using bitcoin than bank but globally speaking it's not.

There are some places in the world that has no internet connection nor any possible way to access digital world so bitcoin here can't help.

Comparison is not the topic here. Lots of shit post here honestly thinking they know every sides of bitcoin and bank deeply.

If you found yourself comfortable in either one of them then go with that.

Well this post is a key opener of all of the discussion here and this thread didn't need to have this many post because comparing two things that is totally not the same is just a waste of time bank has a very different aspect and uses while bitcoin has a field that not everyone has an access of it that is why thing comparing needs to stop end of debate!
pokeronlinestatus
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February 15, 2016, 02:11:12 PM
 #816

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy
Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.
teilwalL05
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February 15, 2016, 02:17:59 PM
 #817

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy
Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.

I think that will not happen bank only accept transaction with bitcoin but you cannot save bitcoin currency using bank because they can not control bitcoin just like the government can't control bitcoin too,
phreaky
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February 15, 2016, 03:33:43 PM
 #818

Everyone has their own choice. Some people find Bank good and some people likes Bitcoin wallet. Depends what kind of money you have.
Older people like bank. We love Bitcoin wallet, because we understand how Bitcoin works. Older people does not know how it works.
Hellacopter
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February 15, 2016, 10:10:24 PM
 #819

I think nowadays we need both, simply because Bitcoin not yet supported as payment processor in many famous marketplaces online, so we need to use fiat there and then we need the banking accounts
angryrob
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February 15, 2016, 10:29:59 PM
 #820

I think nowadays we need both, simply because Bitcoin not yet supported as payment processor in many famous marketplaces online, so we need to use fiat there and then we need the banking accounts

Yeah both are important for us at a moment, bitcoins are good when it comes to buying goods digitally, and fiat currency can take care of us for buying physical goods.
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