BITCOIN IS BETTER THAN WESTERN UNION ?

[tn211]

i think bitcoin have 2 benefit than Western union,and this make bitcoin better than western union.
1. low fee,of course western union have huge fee on transaction,and bitcoin not.
2. simple to make account,western union must be register on office,but bitcoin not.

Both benefits ok but still Western Union is very easy for common man specially in developing countries because most of peoples still not know about bitcoin its still need too much time personally I like bitcoin and now using but still many places where I have to send with banks or western union

Yeah some of me friends are starting with bitcoins and they find it kinda difficult to understand.

Well maybe a year of 20 people will know it.

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[Betwrong]

Of course Bitcoin has many advantages, but the crucial disadvantage of it is that Bitcoin is known and trusted much less than WESTERN UNION. As we all know there are some reasons for this now, but I hope that in the future situation will change in favor of our beloved cryptocoin. )

[ashly]

Bitcoin is better than western cause its automqtic to pay your bills , and its easy to use

[Icathia]

Yeah Bitcoin is better for us to use if we send money, but there just a lot of people who don't know about bitcoin so yeah.

[CryptoBjorn]

We all know this that bitcoin is better if you send money.

I am trying now the get my mom in to bitcoin that she can give money to my family with very cheap fees.

[knowhow]

Well my mother sometimes send money to me by deposit she deposit at her currency and the bank convert into the fiat the country im present.I would suggest to my brother to buy bitcoin and send me but as the deposit happens its better way for me.Even when i havent made any calculations about how it would be but im pretty sure that bitcoin buy and send to me then i sell them to other person i will loose more then the rates of the banks conversion.

[CrimBit]

introduce bitcoin to your family then recomend to use bitcoin for transfer money

[HarHarHar9965]

i think bitcoin have 2 benefit than Western union,and this make bitcoin better than western union.
1. low fee,of course western union have huge fee on transaction,and bitcoin not.
2. simple to make account,western union must be register on office,but bitcoin not.

Yeah I will agree with this and Bitcoin transactions need just fraction of second to the beneficiary address. But Western union consuming to much charge as well as late transfer. If you need to flash means We have to pay extra country currency. So Bitcoin is Far better than western union as in that logo.

[Mr. Forum]

One good thing that will make bitcoin stand the test of time is the affordability that it is bringing into the entire trading and general economy of the world. Lots of financial institutions have been enjoying the monopoly and all I can say is the time has come to roll the cheapest reliable and safest way to send money. People who are against the bitcoins are aware that it is bringing a big competition to the trading field. Team bitcoins till  the end.

[pereira4]

One good thing that will make bitcoin stand the test of time is the affordability that it is bringing into the entire trading and general economy of the world. Lots of financial institutions have been enjoying the monopoly and all I can say is the time has come to roll the cheapest reliable and safest way to send money. People who are against the bitcoins are aware that it is bringing a big competition to the trading field. Team bitcoins till  the end.

The big status quo of payment processors is scared as hell because Bitcoin is going to make them useless and deprecated by superior technology. All those companies that don't adapt (and by adapt I mean don't start using the Bitcoin blockchain as the skeleton of their system) are going to end up in bankruptcy in the next 10 to 20 years granted.

[Hannu]

B2B/B2C -world no everyone sellers accept bitcoin, they use western union 

[knowhow]

I was reading the two images comparing bitcoin and wester at facebook i didnt know that we couldnt express anymore our opinion,people do soo many things has someone has made with bitcoin and wester that sounds more they scared about what would those make and the market react to it.Bitcoin will replace western union as long as achieve mainstream,faster ,better and everywhere,at the moment western is alive but the question is till when?They cant compete agains bitcoin or other crypto coin stable.

[CrimBit]

There are two points to consider:

1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.

If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.

in future im sure 1satosi is enough for fee

[RealBitcoin]

Where I live, that fee is about 1 day of work for a minimal wage person.

And I`m sure people dont like to waste 1 day of their precious lives on some banksters.

[Bitcoinpro]

we will wake up one day soon and these money transfer companies wont even exist

forget about a stock price fall they will just evaporate

most of the kiosk's will immediately roll out a Cryptocurrency sign but half

of them will still go belly up on the same day as the parent companies,

in Developed countries they already have automated Stations so obviously

it wont be much of a problem there

[momy]

No doubt about it. bitcoin is really better than western union. as western union has so high transaction fees.. unlike bitcoin. so cheap. fast and less hassle. so i never use westeern union after i know about bitcoin.

[Bitcoinpro]

There are two points to consider:

1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.

If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.

in future im sure 1satosi is enough for fee

I do not know, I am not that confident in Bitcoin reaching the huge prices some people is expecting. And if that is not the case, I think it would be hard to keep such a low fee, if even with the 10k fee we have had delays (because of the spam attacks), imagine what would happen if it were just 1 satoshi!

the people running the spam attacks also run the risk of being exposed and im sure that would be pretty easy considering the amount of spam trail they are letting off

[Supercrypt]

There are two points to consider:

1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.

If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.

in future im sure 1satosi is enough for fee

You are right. Either bitcoin goes to higher prices and the transactions fees may come to 1 satoshi or a fraction of it also enough in future, or more number of transactions volume in a bigger blocks will make miners to race to pick the transactions even with very small mining fees.

[davinchi]

There are two points to consider:

1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.

If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.

in future im sure 1satosi is enough for fee

You are right. Either bitcoin goes to higher prices and the transactions fees may come to 1 satoshi or a fraction of it also enough in future, or more number of transactions volume in a bigger blocks will make miners to race to pick the transactions even with very small mining fees.

As you were mentioned in both the cases, the fees required for bitcoin transactions will be reduced to almost one satoshi also. So bitcoin will be more better than Western Union in our near future. I believe bitcoin will completely replace Western Union in each and every country.

[knowhow]

Well i didnt used wester union till today and im using bitcoin even when there is no place to spend them at all.