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Author Topic: Bank or Bitcoin Wallet?  (Read 230401 times)
Imoote
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June 30, 2016, 06:42:58 AM
 #1761

first in some countries government need to accept bitcoin currency and regularize the bitcoin , once government regularizes the bitcoin  automatically bank will try to  accepting the bitcoin currency . And second thing bitcoin is not very much popular like other currency ,if people knows about the bitcoin technology,then more and more people and also bank will accept bitcoins Smiley
Yes if people know about bitcoin would be very nice, because bitcoin is very unique. Would many of those who were like bitcoin. I think the usefulness of bitcoin wallets and bank are very different and it will not collide with each other. Because both have the benefit of each. I think if people use their bitcoin will also use the bank.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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dragonusa9
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July 01, 2016, 05:58:12 PM
 #1762

first in some countries government need to accept bitcoin currency and regularize the bitcoin , once government regularizes the bitcoin  automatically bank will try to  accepting the bitcoin currency . And second thing bitcoin is not very much popular like other currency ,if people knows about the bitcoin technology,then more and more people and also bank will accept bitcoins Smiley
Yes if people know about bitcoin would be very nice, because bitcoin is very unique. Would many of those who were like bitcoin. I think the usefulness of bitcoin wallets and bank are very different and it will not collide with each other. Because both have the benefit of each. I think if people use their bitcoin will also use the bank.
because bitcoin is very unique, that lot of people still don't know about it based on my opinion
bitcoin have a ton of benefit if you can use it well, but it's depend how you use it. and still lot of people choose both of them for daily use
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July 01, 2016, 07:41:09 PM
 #1763

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.

Bitcoin itself has no certain value and it can exchanged within fiat currency.

First thing bitcoin itself a protocol. And has its security at that level.

But banks are important for local trading. As day to day expensive.

Bitcoin gives real revolution in economy and brings financial evaluation by giving Safe, secure, transparent and open source platform to world.

GreenBits
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July 01, 2016, 07:51:57 PM
 #1764

Bank, hands down, if I had to choose one. Fiat is king in this world, bitcoin is cool and innovative but is not on par with  the universal adoption fiat has. Now that I think about it, to hell with the bank; give me some cash and a safe. That way, I can assure the safety of the value at the risk of personal injury. With a shotgun.
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July 01, 2016, 07:57:46 PM
 #1765

With the upcoming BTC halving that resulted to an awesome rise of the rate of BTC...... I would say Bitcoin Wallet is the best, But I dont know until how long. Maybe in 2 , 3 ,5 or 10 years time that exactly no one knows. But as for now grab the opportunity of increasing the profitability of you BTC by keeping it and wait till the demand and supply of BTC stumbles definitely by that time a surprising increase of rate will occur....
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July 01, 2016, 08:34:13 PM
 #1766

Both are convenient, Bitcoin because of the speed and the low fees, but a bank account is mandatory these days.
My energy bills, phone bills can't be paid with bitcoin.
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July 01, 2016, 10:42:33 PM
 #1767

A simple question to answer if put in this way is that bitcoin could be temporary it may be exists but your country policy may be differ and can ban them but banks will exits and your money will be safe.

yeah bank from the government. certainly the government will not do lie much less a scam Lol
The safest course is to save money in the bank

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July 01, 2016, 11:02:44 PM
 #1768

A simple question to answer if put in this way is that bitcoin could be temporary it may be exists but your country policy may be differ and can ban them but banks will exits and your money will be safe.

yeah bank from the government. certainly the government will not do lie much less a scam Lol
The safest course is to save money in the bank

The country can not really prohibit you to use bitcoin or just having but when you still do that it will be illegal. Better you don't break your government rules.
About banks, bank is very safe and surely legal . I think this is you should choose both of them if you can.

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July 01, 2016, 11:12:21 PM
 #1769

A simple question to answer if put in this way is that bitcoin could be temporary it may be exists but your country policy may be differ and can ban them but banks will exits and your money will be safe.

yeah bank from the government. certainly the government will not do lie much less a scam Lol
The safest course is to save money in the bank

The country can not really prohibit you to use bitcoin or just having but when you still do that it will be illegal. Better you don't break your government rules.
About banks, bank is very safe and surely legal . I think this is you should choose both of them if you can.
The children also know if you using that for illegal activities government will not give you a tolerance, the bank is safe and legal but it's too easy to get an intervention from another party who they not legal institutions and only personal. people in the bank is very broken fully with lies.

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July 02, 2016, 01:35:10 AM
 #1770

If you are looking for fastest income its better to invest in bitcoin, if you do not want to take big risk in bitcoin just go invest in the bank you can not scam by bank.
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July 02, 2016, 02:26:44 AM
 #1771

for me both of them is very important at this time , i think i will still iuse both of them until "all people" in the world know bitcoin and use it.
bitcoin have big potentially to replace traditional bank system..
Ryananda
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July 02, 2016, 03:05:09 AM
 #1772

for me both of them is very important at this time , i think i will still iuse both of them until "all people" in the world know bitcoin and use it.
bitcoin have big potentially to replace traditional bank system..

No bitcoin will not be able to replace the financial system of the bank. Banks will always be updated and to keep abreast of the times, so that the bank will continue to be competitive. For me the bank and bitcoin wallet is very important at each utility.
rababo
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July 02, 2016, 03:20:44 AM
 #1773

I will choose bank for place to save money. Although bank have control on my money, but if my bank account got hacked, bank will surely help in covering my lost. While for bitcoin, if I lost my bitcoin from my bitcoin wallet, I lost everything.
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July 02, 2016, 03:25:36 AM
 #1774

for me both of them is very important at this time , i think i will still iuse both of them until "all people" in the world know bitcoin and use it.
bitcoin have big potentially to replace traditional bank system..

No bitcoin will not be able to replace the financial system of the bank. Banks will always be updated and to keep abreast of the times, so that the bank will continue to be competitive. For me the bank and bitcoin wallet is very important at each utility.

maybe bank will use bitcoin technology, someday ago i read article about new official cryptocurrency of japanbank, i forget the name, in this case i think bitcoin (technology) will replace traditional bank system
groll
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July 02, 2016, 03:32:55 AM
 #1775

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 want to have both wallet and bank account. Since at this moment of time you cannot use bitcoin to buy products in the public market I rather have both. Wallet is for stocking my bitcoins from my earnings from investment, gambling, commission etc. While my bank account is used when I convert my bitcoins to cash it is where I deposit my encashed bitcoin.
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July 02, 2016, 03:38:16 AM
 #1776

for me both of them is very important at this time , i think i will still iuse both of them until "all people" in the world know bitcoin and use it.
bitcoin have big potentially to replace traditional bank system..

No bitcoin will not be able to replace the financial system of the bank. Banks will always be updated and to keep abreast of the times, so that the bank will continue to be competitive. For me the bank and bitcoin wallet is very important at each utility.

maybe bank will use bitcoin technology, someday ago i read article about new official cryptocurrency of japanbank, i forget the name, in this case i think bitcoin (technology) will replace traditional bank system
yeah that's right,few nationality now starting to make their own cryptocurrency just like japan,they just see the advantage of using digital thing rather than medieval thing you can lose money when you're walking but no with bitcoin

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July 02, 2016, 03:52:27 AM
 #1777

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.


Hi, can my answer be both? Haha because as for now they have different use. The money in your bank account since it contains money in your currency, it is widely acceptable. But the problem with the money in our bank account is that it is not convenient to use. Sometimes it will took 3 days before the transaction can be processed . Unlike in Bitcoins, in just a few minutes our transaction is already processed. Except if the blockchain is down.
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July 02, 2016, 04:17:53 AM
 #1778

both options has their own benefits and bad features.

banks are necessary for all of us because we need to keep fiat and using it so banks are best for this.

but bitcoin is best to do it all yourself and keep it away from banks also the profit of using bitcoin is a lot.

to the moon with bitcoin...
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July 02, 2016, 07:18:31 AM
 #1779

Right now both bank and bitcoin wallet were equally important, because bitcoin have not received that high acceptance similar to banking system. Also as there is nothing sure of the future, banking is given preference by common man.
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July 02, 2016, 07:24:16 AM
 #1780

Both bank and bitcoin wallet are important. Bank for stored your money in real life and Bitcoin wallet for stored you bitcoin on online. So, i think both are good and i choose both.
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