Bank or Bitcoin Wallet?

[windale]

still fist choose bank is saving my money
because is easy and savety my money if i want money i can is easy to liquid iam use much ATM thousand atm ready
bitcoin only trading and hunting money via online not saving

[tabas]

of course bitcoin wallet and nothing else, i think it is the best thing

Well bitcoin wallet and bank are the best thing that you are going to have. Because we can't deny it that bitcoin is now important to us.
And as well as fiat money, it is going to be important to us too and the people now are still sticking in the use of fiat money. So, banks are going to be always been needed.

[plpbtc1526]

i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess

What if the value of bitcoin does a sudden drop what will you do. So for me i choose bank. Maybe it cant increase your money, but surely your money is secured and you are confident that your money will be intact. Not like bitcoin wallet. Bitcoin wallets now can be hacked and sell it to others like in the deep web.

[rickadone]

Its a perfect couple i think if they will be partner almost all people will join in invest their money in bitcoin and wait for  the price increase before they sell their bitcoins..

if the banks and bitcoin become partners then not only we will get the benefit of security but the banks will also earn a bigger amount of bitcoin with bitcoin. so I think the banks should have to think about that.

I think even though it was a perfect match when you can buy bitcoin easily and you convert bitcoin to fiat easily. but it would be impossible for the bank to be working with bitcoin. banks will mentaat regulation of government in a country for bitcoin is still illegal then bitcoin will never cooperate with bitcoin

That's right, will impossible for the bank to working with bitcoin indirectly, but a lot of bitcoin users who having both of them is always made the bank is actually like working with bitcoin in the background.

Knowing about bitcoin's decentralized nature would only disallow the cooperation of banks with bitcoin wallets, unless banks decide to not control it at all. But would you still be able to call it a 'bank'?

[Cryptonitex]

Its a perfect couple i think if they will be partner almost all people will join in invest their money in bitcoin and wait for  the price increase before they sell their bitcoins..

if the banks and bitcoin become partners then not only we will get the benefit of security but the banks will also earn a bigger amount of bitcoin with bitcoin. so I think the banks should have to think about that.

I think even though it was a perfect match when you can buy bitcoin easily and you convert bitcoin to fiat easily. but it would be impossible for the bank to be working with bitcoin. banks will mentaat regulation of government in a country for bitcoin is still illegal then bitcoin will never cooperate with bitcoin

That's right, will impossible for the bank to working with bitcoin indirectly, but a lot of bitcoin users who having both of them is always made the bank is actually like working with bitcoin in the background.

Knowing about bitcoin's decentralized nature would only disallow the cooperation of banks with bitcoin wallets, unless banks decide to not control it at all. But would you still be able to call it a 'bank'?

There really isn't a point in having banks anymore. Some day people will realize that and be in control of their own money.

[tabas]

i would choose to use bitcoin wallet and have all my money as bitcoins though bitcoin price is really fluctuating so it would be a little bit risky i guess

What if the value of bitcoin does a sudden drop what will you do. So for me i choose bank. Maybe it cant increase your money, but surely your money is secured and you are confident that your money will be intact. Not like bitcoin wallet. Bitcoin wallets now can be hacked and sell it to others like in the deep web.

You have a point about it, but I think the price of bitcoin now is stable enough and it is becoming stronger each day that is passing by. And for me, they are both trusted, bitcoin wallet and as well as the bank. It is going to depend on how you are going to manage your monetary fund on the both parties.

[Chennai]

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

Bitcoin can provide very high levels of security if used correctly but the price of a bitcoin can unpredictably increase or decrease over a short period of time, so keeping your savings with Bank is recommended at this point. Bitcoin is seen like a high risk asset, and storing money with Bitcoin may let you to lose.

It can be done as, if you feel the price will decrease, better exchange the btc into your local currency and save them in your bank account. For me both go hand in hand. Better to leave the btc earned in btc wallet as long as it can be. Bank can be an other priority source to protect the money you earned and saved. Both are well secured. No need to worry.

[chaser15]

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

[shinratensei_]

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

[pearl11]

Personally bank but honestly, when you deal with people you start thinking that the average joe may not be cut for this as in being their own bank, they are too illiterate and will screw up and get hacked/lose their stuff by accident. I think we need better tools to store Bitcoin in secure and safe ways so this is not an issue

[sobsitesearch]

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

Here in my country we can exchange our bitcoin not only in the bank even in some remittance center we can exchange it but bank account is much better to have because our money is much secured in bank and we have a bitcoin wallet for our online investment to have earnings even we do not monitor always our wallet.

[JeffBrad12]

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

Here in my country we can exchange our bitcoin not only in the bank even in some remittance center we can exchange it but bank account is much better to have because our money is much secured in bank and we have a bitcoin wallet for our online investment to have earnings even we do not monitor always our wallet.

The same in my country there is an exchange site that is connected to a bank where you can use their service to enjoy your bitcoin by exchanging it to fiat money. So for me, they are both important and it is not a good thing to compare them both because you are going to benefit from it.

it's correct, in this time and especially in my region there are much local exchanges can making a service to connected the exchanger and the bank and we can  exchange bitcoin into the fiat money anytime we want, it's very useful.

[StarofBTC]

Personally bank but honestly, when you deal with people you start thinking that the average joe may not be cut for this as in being their own bank, they are too illiterate and will screw up and get hacked/lose their stuff by accident. I think we need better tools to store Bitcoin in secure and safe ways so this is not an issue

if you are talking about loosing hacking of bitcoin and safety of it. then I don't think bitcoin is not that much unsafe. you can safely store your bitcoin in paper wallets, in in cold wallets. and if you keep your account's private key safely your coins will be safe too.

using bitcoin give you this amazing feature that you can control your own coins and be your own bank. this is the best part of bitcoin.

[chaser15]

of course bitcoin wallet and nothing else, i think it is the best thing

That is too risky mate if you store all you money in bitcoin i think you should also have a bank account for security of your money and it less risk if you money in the bank it has included in insurance while in bitcoin there is no insurance if you money will disappear.

And I just wonder, how can he able to use his converted bitcoin without the help of bank services. No doubt that most bitcoin exchanges today uses bank services to be able to withdraw our bitcoin into cash as it is less hassle compare to other withdrawal method.

You are right with it, that's why I'm saying today that bitcoin wallet and bank are both important. They are playing important role in our lives.
Without both of them we can't use our bitcoins and fiat money. That's why it is really important to recognize both of them. And you are going to experience that they really are.

Both of them is very important who always withdrawing their bitcoin into the fiat money because it's will become a more easily with using a bank. combining the advantages of bitcoin and bank it's the best choice for me forever.

Here in my country we can exchange our bitcoin not only in the bank even in some remittance center we can exchange it but bank account is much better to have because our money is much secured in bank and we have a bitcoin wallet for our online investment to have earnings even we do not monitor always our wallet.

Yes there are method to withdraw our bitcoin even without banks but "MOST OF THE CASES", bitcoin exchanges uses bank services because it is more less hassle than any other withdrawal method.

Also, with the lots of ATM machine in our respective country, with just a one click, those bitcoin that converted into fiat can easily be withdrawn anytime anywhere.

[icecube45]

Personally bank but honestly, when you deal with people you start thinking that the average joe may not be cut for this as in being their own bank, they are too illiterate and will screw up and get hacked/lose their stuff by accident. I think we need better tools to store Bitcoin in secure and safe ways so this is not an issue

if you are talking about loosing hacking of bitcoin and safety of it. then I don't think bitcoin is not that much unsafe. you can safely store your bitcoin in paper wallets, in in cold wallets. and if you keep your account's private key safely your coins will be safe too.

using bitcoin give you this amazing feature that you can control your own coins and be your own bank. this is the best part of bitcoin.

Yes indeed if we could keep bitcoin wallet account will always be safe. And do not click at random will be able to keep our account as well. But we still have to be careful because bitcoin we store does not have security and hackers who are professionals sometimes still able to penetrate the security. So in my opinion is more secure security bank because it has a security guarantee.

[ImHash]

Bitcoin not going to give the trust of banks , and banks are not going to give the profits of bitcoin, which is better for you safety first then
Profit? then go with banks.
But if you want to have control over your own money and have way more profit than having money in bank you really should go with bitcoin.

[bravehearth0319]

We know that Bank is the first establish compare to Bitcoin, But when it comes to advantages and disadvantages there is a big difference.
Is more I still choose Bitcoin wallet, its very safe and convenient no requirements to be need  if ever I need to encash my money, while in bank there is a lots of requirements to be needed before I get my money.

[ChronoLite]

Both of them is very important.
Like you collecting some bitcoin from activities , and exchange your btc into flat.
And withdraw it to your bank account , you must prepared bank account to withdraw your bitcoin.

[Strongkored]

We know that Bank is the first establish compare to Bitcoin, But when it comes to advantages and disadvantages there is a big difference.
Is more I still choose Bitcoin wallet, its very safe and convenient no requirements to be need  if ever I need to encash my money, while in bank there is a lots of requirements to be needed before I get my money.

Yeah I think they both have advantages and disadvantages of each. I prefer to use both, because besides I love bitcoin wallet but the other hand I also have to use the bank's services to take bitcoin in the form of fiat. Because we know that not all stores accept bicoin thank you

[Chennai]

Both of them is very important.
Like you collecting some bitcoin from activities , and exchange your btc into flat.
And withdraw it to your bank account , you must prepared bank account to withdraw your bitcoin.

Current situation requires both. Where we do not have option to use the btc in a country, we should have a bank to safeguard the money we exchanged from btc. Bitcoin wallet is really required to gather the btc we are earning until exchange it to our local currency. Hence both go hand in hand for many. As both are well secured in system and meant for savings, lets better use them. But BTC does not require a third party to handle it. Well secured in its place. It is really nice to have more options for a single work right? Really interesting.