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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
ultimatesky
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March 21, 2016, 09:00:44 AM
 #1201

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.

Indeed, also its much faster than any bank if you compare it and the fact is also that the bitcoin is transferable to any country.
Also you can control your own money, no one is watching you.
ranlo
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March 21, 2016, 09:11:57 AM
 #1202

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.

i will choose both of them, i know bank take "fee " ffor each transaction and store my money, bank need money to save your money, to building country, to give help to other people, that why bank take fee.

The way i do it is for online transaction i use bitcoin so that there will be no hassle in wait for the payment.
After the payment i put some the exchange and put some at the bank.

This is what I do as well. I consider Web wallets the hot wallet, local wallet the cool wallet, and the cold wallet as the cold one, Smiley. Also saves on fees using Xapo/Coinbase.

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MaritiJames3
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March 21, 2016, 10:25:14 AM
 #1203

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.

Indeed, also its much faster than any bank if you compare it and the fact is also that the bitcoin is transferable to any country.
Also you can control your own money, no one is watching you.

Yes you are right, I hate to wait on the bank to make money transactions to my bank account because its taking too long for sure.
With the wallets you can do it yourself and its also pretty fast right ?
harizen
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March 21, 2016, 11:09:19 AM
 #1204

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.

Indeed, also its much faster than any bank if you compare it and the fact is also that the bitcoin is transferable to any country.
Also you can control your own money, no one is watching you.

Hmm so you can control your own money by using bitcoin wallet? But not with the bank?

Can you elaborate this? I'd like to point out something for you. Smiley

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SquallLeonhart
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March 21, 2016, 11:15:23 AM
 #1205

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.

Indeed, also its much faster than any bank if you compare it and the fact is also that the bitcoin is transferable to any country.
Also you can control your own money, no one is watching you.

Yes you are right, I hate to wait on the bank to make money transactions to my bank account because its taking too long for sure.
With the wallets you can do it yourself and its also pretty fast right ?

Yes bitcoin transaction are very fast and with least fees and that is the reason people using bitcoin would prefer to stay away from banks.

BeGoods
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March 21, 2016, 11:21:33 AM
 #1206

I use Bitcoin wallet more than banks, but i use banking services sometimes as well
Bitcoin isn't supported everywhere as known

me too, im use bitcoin wallet everyday to spend it, pay bill etc.
but i need bank too, i doubt i can life without bank. bank make me easy tosave my money and spend it with more merchand than bitcoin.
it means you have a greater need bank than bitcoin wallet dude you have to admit it. More banks have an important role
you will not be able to rely on bitcoin wallet and live only using bitcoin wallet? is is true!
does not need to be a hypocrite. we are currently using bitcoin in full still requires banks and relies on fiat
tampazeus
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March 21, 2016, 12:05:48 PM
 #1207

I use Bitcoin wallet more than banks, but i use banking services sometimes as well
Bitcoin isn't supported everywhere as known

me too, im use bitcoin wallet everyday to spend it, pay bill etc.
but i need bank too, i doubt i can life without bank. bank make me easy tosave my money and spend it with more merchand than bitcoin.
it means you have a greater need bank than bitcoin wallet dude you have to admit it. More banks have an important role
you will not be able to rely on bitcoin wallet and live only using bitcoin wallet? is is true!
does not need to be a hypocrite. we are currently using bitcoin in full still requires banks and relies on fiat

Yes and banks will always survive in future and it will be more stronger and honestly speaking people will use banks in future too as it is required for day to day transactions.
eddyubachs
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March 21, 2016, 01:12:25 PM
 #1208

I use Bitcoin wallet more than banks, but i use banking services sometimes as well
Bitcoin isn't supported everywhere as known

me too, im use bitcoin wallet everyday to spend it, pay bill etc.
but i need bank too, i doubt i can life without bank. bank make me easy tosave my money and spend it with more merchand than bitcoin.
it means you have a greater need bank than bitcoin wallet dude you have to admit it. More banks have an important role
you will not be able to rely on bitcoin wallet and live only using bitcoin wallet? is is true!
does not need to be a hypocrite. we are currently using bitcoin in full still requires banks and relies on fiat

Yes and banks will always survive in future and it will be more stronger and honestly speaking people will use banks in future too as it is required for day to day transactions.

Banks are more stronger today and it will influence people in future too as people are used to bank services they find it more comfortable in using it.
DeDordtenaar
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March 21, 2016, 02:26:50 PM
 #1209

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate


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ronaldinho_07
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March 21, 2016, 02:38:22 PM
 #1210

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate
Not really you can convert any bitcoins besides banks,but well as he can pay all things he need with bitcoin whats the point to have fiat being able to pay all with bitcoins?I doubt if i could pay my bills with bitcoin i would keep using fiat as well.Banks has no more the full control since bitcoin appeared several people has choosed already to be at bitcoin,maybe not full as bitcoins still has a risk to fail,for some reason,but its bitcoin ,be your own bank.
harizen
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March 21, 2016, 02:51:41 PM
 #1211

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate
Not really you can convert any bitcoins besides banks,but well as he can pay all things he need with bitcoin whats the point to have fiat being able to pay all with bitcoins?I doubt if i could pay my bills with bitcoin i would keep using fiat as well.Banks has no more the full control since bitcoin appeared several people has choosed already to be at bitcoin,maybe not full as bitcoins still has a risk to fail,for some reason,but its bitcoin ,be your own bank.

In bitcoin you are not controlling your money unless it's stored in a cool, dry place lol.

If you regularly used web wallet then definitely that isn't you can called you control your money.

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jula551
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March 21, 2016, 02:53:42 PM
 #1212

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate
Not really you can convert any bitcoins besides banks,but well as he can pay all things he need with bitcoin whats the point to have fiat being able to pay all with bitcoins?I doubt if i could pay my bills with bitcoin i would keep using fiat as well.Banks has no more the full control since bitcoin appeared several people has choosed already to be at bitcoin,maybe not full as bitcoins still has a risk to fail,for some reason,but its bitcoin ,be your own bank.

On investment basis bitcoin gives much yield when safegaurded with the help of wallet. The same if we place cash in an accout we can't get much interest. If we invest gold(safegaurding locker).
richmcrich
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March 21, 2016, 03:03:40 PM
 #1213

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate
You can use bitcoin just like that, You don't necessarily need to convert it to fiat to be able to use IMO, you can use it to buy allot of things from gold to pizza just online, Also you can use p2p methods like localbitcoins without using a bank.
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March 21, 2016, 03:04:48 PM
 #1214

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate
Not really you can convert any bitcoins besides banks,but well as he can pay all things he need with bitcoin whats the point to have fiat being able to pay all with bitcoins?I doubt if i could pay my bills with bitcoin i would keep using fiat as well.Banks has no more the full control since bitcoin appeared several people has choosed already to be at bitcoin,maybe not full as bitcoins still has a risk to fail,for some reason,but its bitcoin ,be your own bank.

On investment basis bitcoin gives much yield when safegaurded with the help of wallet. The same if we place cash in an accout we can't get much interest. If we invest gold(safegaurding locker).

would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
simonloff
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March 21, 2016, 03:24:19 PM
 #1215

For now i will choose bitcoin rather than bank.cause for bitcoin is the most convinient to make transactions online. Hassle free.
it means you are using bitcoin wallet completely? I do not believe if you do not use a bank
how are you going to convert it to a fiat Lol
its need bank mate
You can avoid using a bank if you want, you already can use almost everything needed online and there are always traders offering service for BTC IMO.
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March 22, 2016, 12:28:45 PM
 #1216

I would go with bitcoin wallet because i can moove my money anytime,24hours a day without any restriction.Something that current banks wont allow you to,do .Besides that i can make my own investments and i wont have a monthly fee .
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March 22, 2016, 12:35:19 PM
 #1217

I would go with bitcoin wallet because i can moove my money anytime,24hours a day without any restriction.Something that current banks wont allow you to,do .Besides that i can make my own investments and i wont have a monthly fee .

Really? I have my bank account access right in my smartphone and can move funds 24hours a day even on holidays. Look like the bank system there is really hugging the old classic system.

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turkandjaydee
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March 22, 2016, 12:44:59 PM
 #1218

bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.
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March 22, 2016, 01:25:05 PM
 #1219

bank lives in fees of transaction, bitcoin is not.... yet.
thats why bank feels bitcoin is a threat.

Even when bank thinks bitcoin as a threat, both are mutually dependent when their growth is considered. Banking will never die and bitcoin will continue growing, So bank as well bitcoin wallet is highly needed.

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March 22, 2016, 02:02:38 PM
 #1220

Bitcoin wallet may not replace Banks, As lot of differences between fiat and crypto currencies. But we can use Bitcoin wallet in a smart way to minimize money transfer fees, instant transactions, online purchases, etc.
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