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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
Ryananda
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May 22, 2016, 07:07:32 AM
 #1501

I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

yeah, i will also choose both of them because both are needed.

although that would have been so good if there was a chance to have a bank and still use bitcoin like investing bitcoin as a deposit in bank for profit.
Yes true both are needed. We need to accommodate bitcoin bitcoin wallet that we collect, and we need banks to make bitcoin we collect into money and can be used. We still need both.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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May 22, 2016, 07:36:16 AM
 #1502

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.

Personally I use both, bank and btc wallet.

But actually bank is the only system that I can use "everywhere" Sad
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May 22, 2016, 08:00:59 AM
 #1503

I would choose both for now. I would not want to risk all my money to bitcoin, although I really do believe in it. It is recommended that we take precautions with regard to investment. Smiley

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May 22, 2016, 10:21:23 AM
 #1504

Now without doubt both were needed for several reasons. Bitcoin has never been so popular as a bank. Only people who have at least little knowledge can use bitcoin wallet. Bank can be used even by common men. People would change towards bitcoin if it grow equal to the banking sector.
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May 22, 2016, 10:54:45 AM
 #1505

For me I will use both, for bitcoins of course bitcoin wallet and for fiat I'll go for bank. Even though I find them safe and secure.
But my other source of income are paid through fiat that's why I still need bank and if I'm converting my bitcoins to fiat I'm depositing it
directly to the bank.

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May 22, 2016, 12:39:09 PM
 #1506

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 would choose to have a bitcoin wallet and hold BTC in it as much as I dare as the prices are a little volatile for comfort.  Sad
actually  who says that banks are afraid of bitcoin? The statement funny. even that the owners of the bank do not necessarily know what is bitcoin? and I think it is impossible banks will accept payment methods with bitcoin. because it would be very easy for someone to abuse it such as money laundering very easily


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May 22, 2016, 03:28:46 PM
 #1507

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 would choose to have a bitcoin wallet and hold BTC in it as much as I dare as the prices are a little volatile for comfort.  Sad
actually  who says that banks are afraid of bitcoin? The statement funny. even that the owners of the bank do not necessarily know what is bitcoin? and I think it is impossible banks will accept payment methods with bitcoin. because it would be very easy for someone to abuse it such as money laundering very easily


You nailed it. Im also annoyed to some post about banks are afraid of bitcoin that's why they didn't accepting it. Can't really see the real score of that claims honestly.

And yes, banks number 1 terms is to protect their clients. How come they can protect their clients if bitcoin uses technology that identity is really anonymous (in some part).

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May 22, 2016, 04:36:42 PM
 #1508

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin

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May 22, 2016, 04:44:25 PM
 #1509

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin
It's also the advantage especially when we need urgently the money as much as possible there's a backup money like ypu do a bitcoin wallet and an atm card to use .


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May 22, 2016, 09:26:40 PM
 #1510

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin
It's also the advantage especially when we need urgently the money as much as possible there's a backup money like ypu do a bitcoin wallet and an atm card to use .

I think we should use both according to our convenience as banks will take care of us if we need loans in emergency and bitcoin will be accessible to us 24/7.
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May 23, 2016, 07:44:05 AM
 #1511

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin
if you using mastercard, i recomended you to use bit-X  debit card, it's similiar like mastercard, you can use it to buy anything like mastercard Smiley

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May 23, 2016, 07:50:07 AM
 #1512

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.
off course you would pick the bank for sure. Bitcoin wallet these days are not even secured enough to be used. So people use bank accounts it's many times saver and you can store anything that you want without any risk.
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May 23, 2016, 07:50:08 AM
 #1513

For storing your money?

Let's not fool ourselves. Banks are infinitely safer at this point in time. Sure, we can all spread FUD about how evil and insecure they are, but in a bank, our money is Federally ensured regardless of the circumstance.
Banks will always be better then bitcoin wallets. Because who is securing the wallets yes i don't think there are people who securing the wallets. So use bank accounts saver then save.
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May 23, 2016, 08:10:20 AM
 #1514

I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

yeah, i will also choose both of them because both are needed.

although that would have been so good if there was a chance to have a bank and still use bitcoin like investing bitcoin as a deposit in bank for profit.
With bitcoin investments, you could be richer. Then there is no need of getting loan.
But as per present scenario, no one can choose only bitcoin wallet. But you must go more for bitcoin saving that will help us to eliminate any need of bank in future.
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May 23, 2016, 08:14:03 AM
 #1515

I just want to use wallets because i pay so many things with bitcoins these days. There are so many stores where i can finally pay with my coins i have so many of them i don't want to hold them for ever so i'm very glad that i could use them to buy all thing in life.
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May 23, 2016, 08:14:04 AM
 #1516

if you want to know witch one is save you can use the bank if you want to know witch one is more profitable you can use the bitcoin wallets. so there are positive ways for the bank and some positive things for the bitcoin wallets use them both and you will see by your self.
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May 23, 2016, 09:23:37 AM
 #1517

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin
yeah of course you have to use both living with bitcoin can not be done at this time so should force you to use a bank for major currencies around the world are still fiat. so you have to adjust to it you must use a bank as well unless bitcoin already widely accepted throughout the world. but it has not happened
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May 23, 2016, 09:40:53 AM
 #1518

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin
yeah of course you have to use both living with bitcoin can not be done at this time so should force you to use a bank for major currencies around the world are still fiat. so you have to adjust to it you must use a bank as well unless bitcoin already widely accepted throughout the world. but it has not happened


Me to im using both because there are some things that bitcoin cannot do like buying me daily needs that why i need bank to make my bitcoin into physical cash, and they dont need to compare with because bitcoin and bank are secretly partners without them knowing because bitcoin really needs bank so it can be usefull and bank really is the most safest place were you can trust to put your money without worrying,

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May 23, 2016, 09:50:34 AM
 #1519

I am using both now, bitcoin wallet is good, but i can't use it for shoping in physical supermakets and similar places. So using mastercard Grin

Yup, I use Bitcoin for clearinghouses to friends and investment between countries. While I used the Bank for the purposes of everyday. I will use the Bitcoin in daily life in all organizations, places, and supermarkets accept Bitcoin.
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May 23, 2016, 09:56:43 AM
 #1520



Me to im using both because there are some things that bitcoin cannot do like buying me daily needs that why i need bank to make my bitcoin into physical cash, and they dont need to compare with because bitcoin and bank are secretly partners without them knowing because bitcoin really needs bank so it can be usefull and bank really is the most safest place were you can trust to put your money without worrying,

Banks is the only way to convert our bitcoin into fiats at least in most of the places. Those bitcoin exchangers that offers converting bitcoin to fiat services are using banks services like here in my country that's why we are able to exchange our bitcoin into fiat with just one click away.

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