Bank or Bitcoin Wallet?

[randy8777]

Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems.

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.

I have few problems in bank either, when I try to withdraw my money with their atm. Sometimes the atm doesn't enough fund for withdrawing, I don't know if everytime it happens it is exact to me or that is just happening in coincidence. But for their service in over-the-counter transactions I'm having no problem at all.

It is not you that has that kind of experience, sometimes ATM goes offline and that is so annoying when we need our money urgently. But the suggestions here that you should not is that you have to open a bank accounts on different banks so it will be convenient to you.

not sure from which countries you guys are coming, but here in the netherlands i don't have any problems with atm's at all. the only error i once have seen in the news, was that atm's were giving out much more money than people were initially withdrawing.

[madwica]

Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems.

But everyone know that with banks we are facing a lot of problems there are much more limitations with the usage of banks while with bitcoin there are no or much less limitations so I will want to go for only bitcoins.

Can you explain what problems you are facing when using your bank? I honestly don't experience any problems. I am not paying any transaction fees, I can withdraw my money at any time, my bank card with NFC offers me a way to complete transactions very quickly. It's not at all bad.

I have few problems in bank either, when I try to withdraw my money with their atm. Sometimes the atm doesn't enough fund for withdrawing, I don't know if everytime it happens it is exact to me or that is just happening in coincidence. But for their service in over-the-counter transactions I'm having no problem at all.

It is not you that has that kind of experience, sometimes ATM goes offline and that is so annoying when we need our money urgently. But the suggestions here that you should not is that you have to open a bank accounts on different banks so it will be convenient to you.

not sure from which countries you guys are coming, but here in the netherlands i don't have any problems with atm's at all. the only error i once have seen in the news, was that atm's were giving out much more money than people were initially withdrawing.

I do not ever try bitcoin atm since here in our country there are few atm outlet with different places, that is why we prefer bank's atm right now that we can withdraw money anytime we need money.

[bitcoluck]

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 will choose bank to save my money for safety purposes and I use bitcoin wallet for online shop like buying and paying something online.

[Noctis Connor]

Two of them for me because I use bitcoin for trading and here in the forum. The bank also is for my salary to my work. So good storage bank when large amounts to put on it. Bitcoin and also for the small amount they may earn double the money here at BTC and more.

Yes the two are really important because we use our banks to save money profit from bitcoin and bitcoin can be trading and you can earn money by investment there and you can take the profit and you gonna save it thru banks and you can earn bitcoin from this forum by joining signature campaign

[Friladon]

What if the bank also going to interested into the bitcoin than you have a bank that you have right now plus an bitcoin bank at the same adress as you know what i mean i dont think that
would happen but i think that makes some things with the bitcoin many times better and i think also secured many times better dont you think so ?

[Hallseplex]

Each and every person will have to decide do they trust more a bank or a Bitcoin and how much. If you trust 100% Bitcoin then I guess you have already converted all your Fiat into the BTC. I warn you though, don't close your bank account yet, because you still can't live without one, at least for now.

Why are banks afraid? Banks love control and to hide things sometimes. On the other side Bitcoin is all about giving this control to every user out there and also to have full transparency, not to hide anything.

I am not using them both becuase i like to earn my money in black money dont want to pay the tax off course lol. when you dont have banks and bitcoin wallets
you feel many times free than you do right now believe me you have to make black money.

[Doamader]

What if the bank also going to interested into the bitcoin than you have a bank that you have right now plus an bitcoin bank at the same adress as you know what i mean i dont think that
would happen but i think that makes some things with the bitcoin many times better and i think also secured many times better dont you think so ?

This will means that bank will get once again acess to your money and control it with the regulamentations of each country, soo i dont need banks i do what i wanna with my coins anytime, something banks cant provide with fiat, they ask me why i do wanna do anything, and the money its mine, something is wrong here or no?

[Eroanwan]

If you want to make sure your money is safe i should use the bank because banks are getting your money in a safe way and i dont think your bitcoins are safe on
a bitcojn wallet because lots of people can hack bitcoin wallets.

[sishendaoye]

I like the bitcoin wallet more than the bank because with bitcoin wallet you will have more control and power than with a bank.
Also with bitcoin wallet you have way more privacy over your transactions than with a bank with a bank they check everything.

[dhimasnk]

Bank or bitcoin wallet? hemmm, I think I prefer the Bank if must save money because Bank is institutions official certainly very safe. but for the purposes of bertransaksk I prefer to use bitcoin wallet for cheaper

[rektDude]

when it comes to security, of course banks have tighter security than the wallet bitcoin, because the bank is a native of artificial government, experts mobilized to design the security systems of banks, but the reply about the transaction faster, I prefer wallet bitcoin

[bamboylee]

Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems.

Both has its won benefits for each. I use the bank for saving my fiats exchanged from bitcoins. I use bitcoin wallets for bitcoins earnings and savings. Both are well secured in systems. Though both differ in few scenarios, they focus on user's money safety. Bank charges fees but bitcoins wallets do not.

If you are just using banks for money storage, then there is no difference. There is no fees for banks just to keep safe your money. As far as I know, you only get fees if you transfer money to other banks, which is also the same with bitcoin. You can use both without any problems.

[crairezx20]

Bank and bitcoin have advantages and disadvantages of its own. to save money cash me, I prefer to Bank because guaranteed very safe to invest I prefer bitcoin because bitcoin very promising to be used to invest

you know what the best thing of this all is? there is absolutely no need to choose between these two options since you can use both at the same time without any problems.

Both has its won benefits for each. I use the bank for saving my fiats exchanged from bitcoins. I use bitcoin wallets for bitcoins earnings and savings. Both are well secured in systems. Though both differ in few scenarios, they focus on user's money safety. Bank charges fees but bitcoins wallets do not.

If you are just using banks for money storage, then there is no difference. There is no fees for banks just to keep safe your money. As far as I know, you only get fees if you transfer money to other banks, which is also the same with bitcoin. You can use both without any problems.

They both in that concept but if you compare them bitcoin has unstable value unlike your money that you save in banks that it will never change the value.. if bitcoin will not successful someday in the future.. our saving bitcoins will decrease the value so its risky..

[BitHodler]

when it comes to security, of course banks have tighter security than the wallet bitcoin, because the bank is a native of artificial government, experts mobilized to design the security systems of banks, but the reply about the transaction faster, I prefer wallet bitcoin

It's not only about faster transaction times and high security.

Bitcoin gives you the opportunity to be the full owner of your money, which is exactly why a lot people store a part of their money into Bitcoin.

It's amazing to have a digital solution to store money outside the current banking system. What else can you wish for?

[tabas]

when it comes to security, of course banks have tighter security than the wallet bitcoin, because the bank is a native of artificial government, experts mobilized to design the security systems of banks, but the reply about the transaction faster, I prefer wallet bitcoin

It's not only about faster transaction times and high security.

Bitcoin gives you the opportunity to be the full owner of your money, which is exactly why a lot people store a part of their money into Bitcoin.

It's amazing to have a digital solution to store money outside the current banking system. What else can you wish for?

For me banks are good and with high security and it is being controlled by the government even though bitcoin has good security too but it is not controlled by the government. So for me what is good to do is rely on them both. Your fiat money into the banks and your bitcoins is good to be invested and keep with bitcoin wallet.

[lootz]

There is absolutely no point to a bitcoin bank. A bitcoin bank is a wallet that's all! Bank is the plague of the world and btc is the cure!

[Tyrantt]

There is absolutely no point to a bitcoin bank. A bitcoin bank is a wallet that's all! Bank is the plague of the world and btc is the cure!

But maybe if you have interest? Placing your bitcoins in a bank and every month you get, let's say, about 2% of the total sum. Wouldyou use the bitcoin bank then?

[PokemonFun]

i will choose bank because bank is more safety from hackers than an bitcoin online wallet

[richardsNY]

i will choose bank because bank is more safety from hackers than an bitcoin online wallet

You can't compare online wallets to normal wallets when it comes to security. Online wallets are a complete no go for me. I at all times want to be in control of my own coins. With online wallet services you are depending on what the service in question is doing with them. Only that thought is already very scary.

[BitHodler]

when it comes to security, of course banks have tighter security than the wallet bitcoin, because the bank is a native of artificial government, experts mobilized to design the security systems of banks, but the reply about the transaction faster, I prefer wallet bitcoin

It's not only about faster transaction times and high security.

Bitcoin gives you the opportunity to be the full owner of your money, which is exactly why a lot people store a part of their money into Bitcoin.

It's amazing to have a digital solution to store money outside the current banking system. What else can you wish for?

For me banks are good and with high security and it is being controlled by the government even though bitcoin has good security too but it is not controlled by the government. So for me what is good to do is rely on them both. Your fiat money into the banks and your bitcoins is good to be invested and keep with bitcoin wallet.

I am glad Bitcoin isn't controlled by the government, otherwise I wouldn't put a single penny into Bitcoin as long term investment.

I think many people that realize this, would most likely also skip Bitcoin for that exact same reason.

Bitcoin being decentralized is what attracts people to use it as store of value tool. That's something we should be happy with.

The decentralized aspect of Bitcoin isn't getting the respect and appreciation that it deserves.