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Author Topic: Bank or Bitcoin Wallet?  (Read 230431 times)
tn211
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March 01, 2016, 08:23:40 AM
 #961

Bitcoin wallet all the way, there are many wallets out there but I think electrum is very easy to use, and very simple, I dont like complicated stuff.

Electrum is ok, but for daily usage i depend on my bank account.
Sure bitcoin is faster, cheaper and better but when it come to daily usage you bank account is better.

It will be this for years I think

I have to agree Sir. I know bitcoin fanatics will vouch for the bitcoin wallet but it is in no way sufficient to have only a bitcoin wallet.
You need to have either both or a bank. Else it will bring you nowhere.

Yeah, both are important, you cannot rely only on one, bitcoin wallet is good when it comes to use it digitally, but when you need physical cash, banks are always better.
Once the two are really needed. When he wants to gather us all save the bitcoin bitcoin wallet but when we need the money physically we are all transferring it to the bank. All required and everything is very important for us.
People that use Bitcoin choose ofcourse Bitcoin wallet. Because the other people doesnt know how it works and that is bad.
Bitcoin must be more popular in the future and more used. That will be also very good for Bitcoin and for the future.
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March 01, 2016, 08:45:05 AM
 #962

Bitcoin wallet all the way, there are many wallets out there but I think electrum is very easy to use, and very simple, I dont like complicated stuff.

Electrum is ok, but for daily usage i depend on my bank account.
Sure bitcoin is faster, cheaper and better but when it come to daily usage you bank account is better.

It will be this for years I think

I have to agree Sir. I know bitcoin fanatics will vouch for the bitcoin wallet but it is in no way sufficient to have only a bitcoin wallet.
You need to have either both or a bank. Else it will bring you nowhere.

I think with a bank you're entrusting someone with your cash. generally the idea of Bitcoin is to revolutionise the monetary system. I.e making it decentralised, having a bank kinda defeats the purpose
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March 01, 2016, 09:21:21 AM
 #963

I don't think banks have any advantage except the ones offering profit but it is still risky since you are risking your investment money in their lending processes and projects. I think bitcoin itself is different in concept from banks so I prefer a wallet.
devil11
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March 01, 2016, 09:25:28 AM
 #964

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 think it will never happens. Because bank have always so many currencies for transactions. The main reason is that bitcoin currency is an online trading currency, not any note or coin ! All peoples use it online in wallets.
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March 01, 2016, 09:41:26 AM
 #965

Bitcoin wallet all the way, there are many wallets out there but I think electrum is very easy to use, and very simple, I dont like complicated stuff.

Electrum is ok, but for daily usage i depend on my bank account.
Sure bitcoin is faster, cheaper and better but when it come to daily usage you bank account is better.

It will be this for years I think

I have to agree Sir. I know bitcoin fanatics will vouch for the bitcoin wallet but it is in no way sufficient to have only a bitcoin wallet.
You need to have either both or a bank. Else it will bring you nowhere.

I think with a bank you're entrusting someone with your cash. generally the idea of Bitcoin is to revolutionise the monetary system. I.e making it decentralised, having a bank kinda defeats the purpose

I think you are right, but the point is also that banks will never let it happen, because the banks hate the bitcoin they only like the system of it, I would choose of course the wallet because its more secure/faster and also the fact that you control your own money is a good thing.

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March 01, 2016, 10:16:02 AM
 #966

New users doesn't really know how banks is really important. They just know banks in an old classic belief that they are stealing money. Bitcoin is born because of banks. But it doesn't mean it has to replaced banks.

Well I understand them so as long as where you are comfortable then just go with that way.

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Hellacopter
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March 01, 2016, 03:13:31 PM
 #967

New users doesn't really know how banks is really important. They just know banks in an old classic belief that they are stealing money. Bitcoin is born because of banks. But it doesn't mean it has to replaced banks.

Well I understand them so as long as where you are comfortable then just go with that way.

That's true , but Bitcoin is having many features different of Banks that's why many people prefer that Bitcoin replace the banks .But i think that we can work with both banks and wallets and already some banks online started to support Bitcoin as funding and withdrawing option
nejibens
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March 01, 2016, 03:20:17 PM
 #968

I think the bitcoin's users already use both banks and wallet, because we need the banking services online and offline often
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March 01, 2016, 05:35:53 PM
 #969

I use already banks and bitcoin's wallet for my billing purposes and my payments online as well, and i think we need both nowadays
Exactly we do need both and I think a lot of people who need both. Definitely a lot of people who sell bitcoin and money that have those results included in the bank. I'm sure everyone is used to do that.
I think banks are important at their need like when you want to save some legal and white money. While bitcoins for me is the basic necessity of life, I can not imagine day without using bitcoins, so yeah I also need both of them.
Mitchow
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March 01, 2016, 10:15:20 PM
 #970

I think the bitcoin's users already use both banks and wallet, because we need the banking services online and offline often

Yeah, and older generation would be using banks for sure, as they are using it since a longer period of time, so its difficult to visualize that they would switch from banks to bitcoin wallet.
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March 01, 2016, 11:29:15 PM
 #971

Electrum is ok, but for daily usage i depend on my bank account.
Sure bitcoin is faster, cheaper and better but when it come to daily usage you bank account is better.

It will be this for years I think

we use bank account because people still use it, and everyone have it, im use bank too for daily usage.
if my relation interesting to accept bitcoin i will use bitcoin.
because
we still use fiat for everyday purposes. so we really need a bank to manage our money

secone
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March 02, 2016, 03:35:32 AM
 #972

New users doesn't really know how banks is really important. They just know banks in an old classic belief that they are stealing money. Bitcoin is born because of banks. But it doesn't mean it has to replaced banks.

Well I understand them so as long as where you are comfortable then just go with that way.

That's true , but Bitcoin is having many features different of Banks that's why many people prefer that Bitcoin replace the banks .But i think that we can work with both banks and wallets and already some banks online started to support Bitcoin as funding and withdrawing option

Today japan make official regulation Bitcoin as currency so i think in future we can see japan open new bank use bitcoin system like interest and etc. also we can send bitcoin to fiat with bank exchanger system like we send Local currency to dollar Roll Eyes
DeDordtenaar
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March 02, 2016, 05:55:40 AM
 #973

I think the bitcoin's users already use both banks and wallet, because we need the banking services online and offline often
yeah of course we need both bank and wallet. Nakamoto satoshi even matter. use both. I believe
because bitcoin is not conducive to stand alone


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Yakamoto
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March 02, 2016, 05:57:27 AM
 #974

New users doesn't really know how banks is really important. They just know banks in an old classic belief that they are stealing money. Bitcoin is born because of banks. But it doesn't mean it has to replaced banks.

Well I understand them so as long as where you are comfortable then just go with that way.

That's true , but Bitcoin is having many features different of Banks that's why many people prefer that Bitcoin replace the banks .But i think that we can work with both banks and wallets and already some banks online started to support Bitcoin as funding and withdrawing option

Today japan make official regulation Bitcoin as currency so i think in future we can see japan open new bank use bitcoin system like interest and etc. also we can send bitcoin to fiat with bank exchanger system like we send Local currency to dollar Roll Eyes
Japan finally made some legislation around Bitcoin? Do you have any links I can use to read about it? This seems like an interesting developement that I was not aware of.
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March 02, 2016, 06:29:47 AM
 #975

Bank can be used for having the secure storage of physical cash. A small interest can be received upon the money. In Bitcoin wallet it's not possible to save physical cash, so both are in need for users as everything has not changed to become a digitalized.

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    CRYPTO WEBNEOBANK    
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rio3233
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March 02, 2016, 06:35:57 AM
 #976

Bank can be used for having the secure storage of physical cash. A small interest can be received upon the money. In Bitcoin wallet it's not possible to save physical cash, so both are in need for users as everything has not changed to become a digitalized.

Yeah i agree with you. I choose both, one for stored my real money in bank and one stored my bitcoins on bitcoin wallet. So, why not both ? Grin
Bitcoinbro
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March 02, 2016, 09:26:54 AM
 #977

Bank can be used for having the secure storage of physical cash. A small interest can be received upon the money. In Bitcoin wallet it's not possible to save physical cash, so both are in need for users as everything has not changed to become a digitalized.

Yeah i agree with you. I choose both, one for stored my real money in bank and one stored my bitcoins on bitcoin wallet. So, why not both ? Grin
I think people that use Bitcoin like of course the Bitcoin wallet. They like it much more than the normal bank.
But that is logic. I think many people must know how good Bitcoin is and how they can use it.
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March 02, 2016, 09:42:43 AM
 #978

New users doesn't really know how banks is really important. They just know banks in an old classic belief that they are stealing money. Bitcoin is born because of banks. But it doesn't mean it has to replaced banks.

Well I understand them so as long as where you are comfortable then just go with that way.

That's true , but Bitcoin is having many features different of Banks that's why many people prefer that Bitcoin replace the banks .But i think that we can work with both banks and wallets and already some banks online started to support Bitcoin as funding and withdrawing option

Banks today has opened so many features too to give comfort to their users and clients and here in my country that is already in the system for a long time giving us the ability to make some money transfers in just 1 click. Even converting bitcoin to our fiat are jsut 1 click away with the help of banks. If banks there in your country still hugging the old way then that is a really a rare one. Im not saying here that banks has more feature than bitcoin but years by years, banks are upgrading same with the features we have in bitcoin.

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March 02, 2016, 10:50:55 AM
 #979


Banks today has opened so many features too to give comfort to their users and clients and here in my country that is already in the system for a long time giving us the ability to make some money transfers in just 1 click. Even converting bitcoin to our fiat are jsut 1 click away with the help of banks. If banks there in your country still hugging the old way then that is a really a rare one. Im not saying here that banks has more feature than bitcoin but years by years, banks are upgrading same with the features we have in bitcoin.

that's happened in my bank, i know that it's very easy , now i can send money to my friend just 1 click through android's app, but honestly they took much cost when i send  money from my bank to other bank, to much cost like monthly fee, atm transfer's and withdrawal's fee ( not same bank ),yeah i think too much fees in bank,
but with bitcoin even if you send lot of money it will cost you i think almost nothing, very easy, simple and fast that's why i love bitcoin
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March 02, 2016, 10:56:58 AM
 #980

I would prefer to go with banks as I am using it since a long period of time, and even banks are taking good care of my needs and helping in the best possible way, bitcoin wallet would always secondary option for me.
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