Bank or Bitcoin Wallet?

[lanslans]

I'm choose bank for secure my money and transfer my salary from work. and I think the wallet is the currency bank of BTC. if bank want receive btc for them payment, btc must be secure than now. and using bitcoin for bank currency i feel very risky cause btc is anonymous. if it happens, it's may take a long time.

[mirakal]

I'm choose bank for secure my money and transfer my salary from work. and I think the wallet is the currency bank of BTC. if bank want receive btc for them payment, btc must be secure than now. and using bitcoin for bank currency i feel very risky cause btc is anonymous. if it happens, it's may take a long time.

If you have great contribution in the bitcoin community for sure you will choose bitcoin, banks are merely for savings purposes only while bitcoin has multi functions as it can be a storage for our savings and investment as well, banks does not have that kind of facilities that will benefits us but in terms or security nothing can beat banks.

[ajun96]

I m using coinbase / spectrocoin
the bank might freeze my account, and you must be 18...

it is because banks use a centralized system in which they are in control of the system and the rules, and you must abide by all the rules, unlike when you use bitcoin, bitcoin is decentralized so no one can give you control, including satoshi Nakamoto lol

[blackmachinegun]

I m using coinbase / spectrocoin
the bank might freeze my account, and you must be 18...

Of course, the bank may freeze your bank account may be the reason you're in violation of their rules. you take advantage of them of course you have to obey their rules. banks may also impose limits on cash withdrawals per day, yeah that's the rule of the bank. we can not avoid the rule that if a bank uses

[Prettygirl01315]

Bitcoin wallet I guess because you cam easily saw your money by using application and website of your wallet. You can also convert your money to bitcoin and vice versa. To trade your money from another currency to get profit or to invest your money from investment site to get profit too.

[amacar2]

I m using coinbase / spectrocoin
the bank might freeze my account, and you must be 18...

There are several scam accusations against spectrocoin you better don't use them and also coinbase wallet is more like centralized one with lots of KYC policy and restrictions. Better try electrum or blockchain.info, btc.com web wallets for using bitcoin.

[lite]

Bitcoin wallet I guess because you cam easily saw your money by using application and website of your wallet. You can also convert your money to bitcoin and vice versa. To trade your money from another currency to get profit or to invest your money from investment site to get profit too.

Yep, bitcoin wallet is way better than a bank account, with bitcoin you won't have to pay heavy fees/account maintenances charges. you can pay with bitcoin anywhere in the world without exchanging your coins to local currency.(if it's accepted)

[richardsNY]

Bitcoin wallet I guess because you cam easily saw your money by using application and website of your wallet. You can also convert your money to bitcoin and vice versa. To trade your money from another currency to get profit or to invest your money from investment site to get profit too.

Banks have apps and an internet site to do all your banking related things. You haven't mentioned a single thing of why Bitcoin is actually better than having a bank account.

[Sander_93]

What has frightened banks with the increasing adoption the bitcoin as a payment method is that the cryptocurrencies were created in the beginning to not rely on banks as intermediaries; now that they realized that, they are seeking to adopt the technology blockchain not be crushed by the wave of change generated bitcoin http://criptonoticias.com/bancos/banca-red-pagos-gpsg/

Because of this, many banks are creating a group to develop a standardized cross-border payments network based on blockchain  technology https://ripple.com/insights/announcing-ripples-global-payments-steering-group/

[Adrorecia]

I prefer the bank because it still stays a bit safer if you are asking me and it has a great future too due to that I think that the bitcoin wallet is also good but its not very good secured sometimes.

[iqlimasyadiqa]

I prefer the bank because it still stays a bit safer if you are asking me and it has a great future too due to that I think that the bitcoin wallet is also good but its not very good secured sometimes.

I agree with you . BANK more guarantees for the safety aspect. they already have the guarantor is a government institution.
bitcoin while still anonymouse so there is no institution that guarantees the existence of bitcoin.

[BitHodler]

I prefer the bank because it still stays a bit safer if you are asking me and it has a great future too due to that I think that the bitcoin wallet is also good but its not very good secured sometimes.

I agree with you . BANK more guarantees for the safety aspect. they already have the guarantor is a government institution.
bitcoin while still anonymouse so there is no institution that guarantees the existence of bitcoin.

Banks only guarantee your money till a certain amount which is different in each country, but everything you have above that amount will be gone for good if something happens with that specific banks.

Also, we don't need an institution that guarantees the existence of Bitcoin since miners already do it for us....

[greatr]

I m using coinbase / spectrocoin
the bank might freeze my account, and you must be 18...

the same for me, banks are bullshit thats why i like bitcoin wallets the most, though you dont have to be 18

[lister storm]

I would choose a  safe btc wallet, because it is more  secure and also simple to use, from  my point of view.. In addition to this,  you have more  control over your funds,  because it is decentralized.

if you choose wallet bitcoin because secure and save
your wrong, bank still is good about secure and save this compare wallet bitcoin

you are right , bank money is also encrypted like bitcoin wallet or more . the main disadvantage in bank money is only less control by us . because for banking there is probably remain some problem of adding payyee like things and also high transaction charge and tax .

thats true, holding your cash in a bank account is really safe but bitcoin allows you to make more profit over time

yes, it is one of the considerations using bitcoin or BANK. each has advantages and disadvantages. we can not state that one of them is superior.

It depends on what you are looking for, but if you want control over your finances, no chargebacks, no funds frozen, very low transaction fees then it is a no brainer, bitcoin is for you.

yeah bitcoin wallet allows you to get a complete control over your money, thats why i usually use it

[The_Dark_Knight]

I would choose a  safe btc wallet, because it is more  secure and also simple to use, from  my point of view.. In addition to this,  you have more  control over your funds,  because it is decentralized.

if you choose wallet bitcoin because secure and save
your wrong, bank still is good about secure and save this compare wallet bitcoin

you are right , bank money is also encrypted like bitcoin wallet or more . the main disadvantage in bank money is only less control by us . because for banking there is probably remain some problem of adding payyee like things and also high transaction charge and tax .

thats true, holding your cash in a bank account is really safe but bitcoin allows you to make more profit over time

yes, it is one of the considerations using bitcoin or BANK. each has advantages and disadvantages. we can not state that one of them is superior.

It depends on what you are looking for, but if you want control over your finances, no chargebacks, no funds frozen, very low transaction fees then it is a no brainer, bitcoin is for you.

thats true, but i think if you are a usual person then it would be better to use bank account as it would be easier

Right now bitcoin has not reached the level of adoption necessary for the average person to feel the need to have it, so what you state is correct, but as soon as bitcoin reaches that level of adoption, the average person is going to use bitcoin a lot.

[Piltover]

I prefer the bank because it still stays a bit safer if you are asking me and it has a great future too due to that I think that the bitcoin wallet is also good but its not very good secured sometimes.

I agree with you . BANK more guarantees for the safety aspect. they already have the guarantor is a government institution.
bitcoin while still anonymouse so there is no institution that guarantees the existence of bitcoin.

Thinking the same to be honest because its safe and does not has a lot of issues too, you can simply use the bank and I do also not care about that they control it.
I do not have to hide anything so..

[molsewid]

In my opinion btc wallets are a  safer option. In the Banks, fees are higher  and there is the problem of centralization,  but it's still the most practical way.

Dude you're wrong bitcoin wallet is not that safe enough to trust we dont know what will happen in next year ,everyday and in my opinion banks is much more safer option bcoz banks are more highly secured if someone stolen your money you can trace it.

[adi33]

In my opinion btc wallets are a  safer option. In the Banks, fees are higher  and there is the problem of centralization,  but it's still the most practical way.

Dude you're wrong bitcoin wallet is not that safe enough to trust we dont know what will happen in next year ,everyday and in my opinion banks is much more safer option bcoz banks are more highly secured if someone stolen your money you can trace it.

My friends never missed $ 400 due in showrooms bitcoin wallet and forgot to censor part identifier. so be careful

[freedomgo]

In my opinion btc wallets are a  safer option. In the Banks, fees are higher  and there is the problem of centralization,  but it's still the most practical way.

Dude you're wrong bitcoin wallet is not that safe enough to trust we dont know what will happen in next year ,everyday and in my opinion banks is much more safer option bcoz banks are more highly secured if someone stolen your money you can trace it.

My friends never missed $ 400 due in showrooms bitcoin wallet and forgot to censor part identifier. so be careful

It is only on our own fault if we lose our bitcoin in our wallet, that could be because of our negligence for failure to improve the security of our wallet, if you treat that as your investment or savings you should be responsible enough to protect it, the thing is banks are safe but if you want to invest you need to put your money in bitcoin wallet.

[mace15]

I would rather choose bank instead of bitcoin wallet. Its a safer place
to keep my money in bank rather than bitcoin wallet. Why?
Because bitcoin wallet is not safe to keep your money. We all
know that bitcoin price is volatile and you have to keep monitoring
your btc if it grows or lesses the amount.!