Bank or Bitcoin Wallet?

[icecube45]

The most important thing for the bank is the trust, they are serving the public and they are making on doing it, without the trust and confidence of the public they will not survive so they will make all measures to protect their reputation to the public and would not allow any claim without a valid support.

That is right. I trust my bank more than the bitcoin exchanges. The MT Gox has not returned investors money.

Yes bank is much better than bitcoin. Bank security protection against our money, and the bank safest place to store money. But we need both. We need banks to save money and bitcoin wallet for investment. Both have their advantages and usefulness of each.

[tampazeus]

The most important thing for the bank is the trust, they are serving the public and they are making on doing it, without the trust and confidence of the public they will not survive so they will make all measures to protect their reputation to the public and would not allow any claim without a valid support.

That is right. I trust my bank more than the bitcoin exchanges. The MT Gox has not returned investors money.

Yes bank is much better than bitcoin. Bank security protection against our money, and the bank safest place to store money. But we need both. We need banks to save money and bitcoin wallet for investment. Both have their advantages and usefulness of each.

If we have an opportunity to use both of them then why we need to choose the single one, as both of them are unique and are benefiting people in many ways.

[GregH37]

The most important thing for the bank is the trust, they are serving the public and they are making on doing it, without the trust and confidence of the public they will not survive so they will make all measures to protect their reputation to the public and would not allow any claim without a valid support.

That is right. I trust my bank more than the bitcoin exchanges. The MT Gox has not returned investors money.

will, this is not about bitcoin exchanges. bitcoin exhcanges are really not that much trusted. you can't depend on an exchange site to keep your bitcoins and safe them. it is your own responsibility to keep your bitcoins in a safe wallet and keep the private keys somewhere safe and deeply hide.
in bitcoin you are your own bank and you need to protect your money in bitcoin.

[Achargeturry78]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

[KingdomHearts]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

i think now a large number of people are getting aware about bitcoin wallet they know about the benefits of bitcoin wallet that bitcoin wallet fees is very much lower and they can use bitcoin as investment and they can be get a big profit from bitcoin wallet .

[opossum]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

i think now a large number of people are getting aware about bitcoin wallet they know about the benefits of bitcoin wallet that bitcoin wallet fees is very much lower and they can use bitcoin as investment and they can be get a big profit from bitcoin wallet .

People who are aware about bitcoin will surely prefer to save their money in bitcoin wallet but the fact is not all are aware about bitcoins yet and that is why they are continuing with banks.

[StoreBit]

I am choosing bank
If you keep your money in bitcoin inside wallet and suddenly price hard drop like now, you will lose your money

I am not going to choose bank only but I am going to choose both. Because they are playing important role when it comes to bitcoin ecosystem.
How we are going to exchange our bitcoins if there are no banks at all and what's the purpose of bitcoin if there is no bitcoin wallet.
So, they are both important.

yes that is right decision because both have their own importance and value, we are using banks for multi purposes, for depositing and withdrawal of money for sending money for some one, and for hundred other purposes, but on other side we wallet for virtual currency to be kept in, so in present time we can not deny the importance of on and i personally both the accounts,

[Bestwishes745]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

i think now a large number of people are getting aware about bitcoin wallet they know about the benefits of bitcoin wallet that bitcoin wallet fees is very much lower and they can use bitcoin as investment and they can be get a big profit from bitcoin wallet .

Yeah, bitcoin wallet is more better and beneficial than bank account, with bank account we will have to pay huge fees and tax also while there is only a smaller fees with bitcoin wallet.

[goldcoinminer]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

i think now a large number of people are getting aware about bitcoin wallet they know about the benefits of bitcoin wallet that bitcoin wallet fees is very much lower and they can use bitcoin as investment and they can be get a big profit from bitcoin wallet .

Yeah, bitcoin wallet is more better and beneficial than bank account, with bank account we will have to pay huge fees and tax also while there is only a smaller fees with bitcoin wallet.

My deposit in my bank account does not require me to pay taxes because I just receive income from my interest, but still the amount of interest is not really that great that I can call it as investment, bank is just for safe keeping as it is more secure than bitcoin wallet due to lack of insurance unlike the bank.

[iqlimasyadiqa]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

yes basically using the bank will be much safer than using bitcoin. BANK has been guaranteed by many financial institutions.

[drwtsn32]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

yes basically using the bank will be much safer than using bitcoin. BANK has been guaranteed by many financial institutions.

And banks hold the fiat money!
There is no way that majority of the people will choose bitcoin over banks.
Even if bitcoin stood up and proved to be strong, it will never defeat the establishment the banks has made.

[mileymatmun]

For me, I would like to use bitcoin wallet because it is faster, more convenient and what I like best about it is that I can get profit from it when the price of bitcoin goes up and I think bitcoin will become more and more popular, which I think will make the bank system collapse.

[ajun96]

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

i absolutely second that

I think that's not a small risk dude. bitcoin prices could fall at any time and whenever bitcoin could die. so it is very risky if you keep all your money in bitcoin. besides that if you keep all the money in bitcoin. surely you will find it hard to shop and spending. for bitcoin has not been so accepted in offline store

[sirohige]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

don't forget about bitcoin hacked, Mt gox make perseption of bitcoin is very bad, people who want to invest his money at bitcoin will afraid to lost his money, and now bitfinex hacked ...
in this case people will feel more safety to save his money at bank.

[JITENDERPAR3]

both of them are usefull at there place .
but i think bitcoin is more usefull then bank .
becuase of its disadvantage i don't like to save my money in bank .
1) low interest in bank but we can get high profit with trading
2) tax of money transaction but in bitcoin there is only transaction charge not any tax charge.
3) our detail can expose anyone but in bitcoin our detail of identity no one can find

[gilangIDR]

bitfinex saw the incident which in hacking. then I recommend that deposit money in the BANK safer than storing in bitcoin wallet.

[yubsep]

I recommended Bitcoin Wallet.. Cuz low fees.. Fastest transfer money and controlling with your wallet 24/7...

[CoinFoxs]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

i think now a large number of people are getting aware about bitcoin wallet they know about the benefits of bitcoin wallet that bitcoin wallet fees is very much lower and they can use bitcoin as investment and they can be get a big profit from bitcoin wallet .

But don't you think that bitcoin wallet is little bit risky i mean your money would be theft or you would be scammed by someone Isn't it ?? And whom you claim if your money is theft..? Both have their own importance, banks are also good to save your money they also give you profit..

[JeffBrad12]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

in this case people will feel more safety to save his money at bank.

But the bank can give more guarantee for their funds and otherwise from the exchange site in bitcoin. anytime if we get the problem in our account the bank will help us to solve with the best way. and in this time the people is smarter.

[sirohige]

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

in this case people will feel more safety to save his money at bank.

But the bank can give more guarantee for their funds and otherwise from the exchange site in bitcoin. anytime if we get the problem in our account the bank will help us to solve with the best way. and in this time the people is smarter.

in my country we have a organitazion called "the deposit insurance agency" , If bank bankrupt or corruption our money the agency will give our money back 100%