greghansel89
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Activity: 70
Merit: 10
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March 30, 2016, 12:31:41 PM |
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In my opinion, Western Union proves to be a more secure way of money trading and paying, However, Bitcoin is far superior due to its low transaction fees, good security and simplicity!
for some people who not know about paypal, bitcoin, and other online processor Western union is best option, because he can send money instan to other country although the fee very high. There are a lot of money transfer shop that offers low fees but none of them can compare their price to bitcoin when sending money anywhere. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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CryingMidget
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March 30, 2016, 12:37:06 PM |
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In my opinion, Western Union proves to be a more secure way of money trading and paying, However, Bitcoin is far superior due to its low transaction fees, good security and simplicity!
Nope Bitcoin is always safer thing for me. Western Union charges a huge fee for all transactions and they convert the currency and send it unlike Bitcoins which usually have no fee attached to the transactions and at times, the fee is less than $0.5 which is affordable. For my country, WU transfers are not allowed which is damn frustrating and I can only receive money via WU and not send. |
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betohell
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March 30, 2016, 12:54:08 PM |
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In my opinion, Western Union proves to be a more secure way of money trading and paying, However, Bitcoin is far superior due to its low transaction fees, good security and simplicity!
yeah possibilities for misdirected is nothing very safe to send money with western union abroad. but I think the cost is quite large because you have to pay taxes as well i think |
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MTBTT
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March 30, 2016, 01:05:45 PM |
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Bitcoin is more more better than Western Union. Without the shitload of fee from Western Union, and if you work on other country and want sent your money to your family, bitcoin is the best answer.
yes bitcoin makes it easy for everyone wherever they are, whenever he wants and at whatever is important to have an internet connection. everything can be done. very easy. anyone can do it yourself. western union from the first used to send money overseas. This is used for the guys who do not have bank accounts. but now bitcoin have a better system. without complicated and no administrative costs |
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peta4e
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March 30, 2016, 01:43:32 PM |
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Bitcoin is more more better than Western Union. Without the shitload of fee from Western Union, and if you work on other country and want sent your money to your family, bitcoin is the best answer.
yes bitcoin makes it easy for everyone wherever they are, whenever he wants and at whatever is important to have an internet connection. everything can be done. very easy. anyone can do it yourself. western union from the first used to send money overseas. This is used for the guys who do not have bank accounts. but now bitcoin have a better system. without complicated and no administrative costs Yeah and more and more people will start using bitcoins for online remittances when they will be aware about it in future and we will see decline in users of WU for sure. |
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ronaldinho_07
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March 30, 2016, 02:00:22 PM |
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Well bitcoin is taking a part of the costumers from it,but they keep being number one on their service,because they can send any ammount to any place,something that bitcoin cant ,you can send it to other but those person need to convert into fiat or withdraw those money,and atm of bitcoin arent yet everywhere.
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redsun114
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March 31, 2016, 07:01:43 AM |
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If the person sending and the person receiving bitcoin is aware about the technology then bitcoin is the best. IF you are transferring to someone who has no idea regarding bitcoin then Western Union seems to be the best.
someone who does not have knowledge will naturally choose western union for mengrim money overseas because they do not know an easier way of wu that is bitcoin True my brother lives in germany , and me in INDIA . we used to send him money through western union before which was hectic . But now its so easy . Just a matter of seconds . Definitely Bitcoin is better than western union You are sharing a real time scenario of bitcoin advantages over Western Union transactions. I am also thinking of sending bitcoin payments to my family who are in India but they do not have knowledge about bitcoin as well as they do not have exchangers to convert it back to fiats. |
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TastyChillySauce00
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Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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March 31, 2016, 07:32:59 AM |
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Well bitcoin is taking a part of the costumers from it,but they keep being number one on their service,because they can send any ammount to any place,something that bitcoin cant ,you can send it to other but those person need to convert into fiat or withdraw those money,and atm of bitcoin arent yet everywhere.
i think you're wrong, you don't need to convert it to fiat or withdraw if the person who do a transaction with you do use bitcoin, just like paypal, and if you're talking about offline transaction, both bitcoin and paypal need to be withdrawn first to cash |
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traderbit
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March 31, 2016, 07:41:24 AM |
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From my experience i have used both of them, for fast transaction i can that it is western union (and for people that do not accept bitcoin) but for small and large transactions online i prefer more bitcoin because it fit my needs it is perfect.
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hakanbalta577
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March 31, 2016, 08:06:03 AM |
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of course bitcoin is better than western union. I saw a campaign about that western union in some bank in my country and they want really really to high transfer fee and it rised on also the amount of money which you wanted to send. So why I will pay more and more for only transfer money.
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alisafidel58
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March 31, 2016, 08:21:49 AM |
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of course bitcoin is better than western union. I saw a campaign about that western union in some bank in my country and they want really really to high transfer fee and it rised on also the amount of money which you wanted to send. So why I will pay more and more for only transfer money.
The transfer fee of western union is really bad it is so high,bitcoin with so much less fee is much more easy to use than paying a high fee. |
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Bitcotalk
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March 31, 2016, 08:26:17 AM |
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Bitcoin is more more better than Western Union. Without the shitload of fee from Western Union, and if you work on other country and want sent your money to your family, bitcoin is the best answer.
yes bitcoin makes it easy for everyone wherever they are, whenever he wants and at whatever is important to have an internet connection. everything can be done. very easy. anyone can do it yourself. western union from the first used to send money overseas. This is used for the guys who do not have bank accounts. but now bitcoin have a better system. without complicated and no administrative costs Yeah and more and more people will start using bitcoins for online remittances when they will be aware about it in future and we will see decline in users of WU for sure. western union is sucking, and now the future is in the favour of bitcoin, the people who are aware with the features of bitcoin readily adopt bitcoin for their transactions. |
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lixer
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March 31, 2016, 07:28:31 PM |
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Well some user has already proof that bitcoin looses against western union,as with it you can send and receive anytime any currency,try to do this with bitcoin,exchange it to fiat isnt soo easy at some countries,i would always support bitcoin against any other way but well the reallity is that people still use the western because they make a good service.
But in my view only those people who are still not aware bitcoin and it's advantages only using Western Union for their international money transfers. But also in many countries people do not have all facility to use their bitcoins so they will be continuing to use Western Union. To use bitcoin for international payments, both sender and receiver must have some knowledge about bitcoin. If either one is not so, then people are going with Western Union kind of money transferring system. |
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Barbut
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March 31, 2016, 07:42:18 PM |
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Bitcoin is better then western union for sure. In past I send money couple times with western union and I hope I will never need to use it again. On other side bitcoin is future, now when I need to transfer some money I use bitcoins and my relatives and friends also who live abroad.
In previous post someone already mentioned positive and negative facts about btc and western so I will not bother you with that again. My voice is definitely going to BTC.
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g4vinshreds
Full Member
Offline
Activity: 223
Merit: 101
Trader
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March 31, 2016, 07:46:36 PM |
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Good chart, explains it all well.
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BitcoinPaw
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March 31, 2016, 07:55:03 PM |
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Bitcoin is better just cause you don't need to pay fee for sanding money and also it's faster i think.
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KennyR
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April 01, 2016, 03:03:38 AM |
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Well some user has already proof that uᴉoɔʇᴉq looses against western union,as with it you can send and receive anytime any currency,try to do this with uᴉoɔʇᴉq,exchange it to fiat isnt soo easy at some countries,i would always support uᴉoɔʇᴉq against any other way but well the reallity is that people still use the western because they make a good service.
But in my view only those people who are still not aware uᴉoɔʇᴉq and it's advantages only using Western Union for their international money transfers. But also in many countries people do not have all facility to use their moondollars so they will be continuing to use Western Union. To use uᴉoɔʇᴉq for international payments, both sender and receiver must have some knowledge about uᴉoɔʇᴉq. If either one is not so, then people are going with Western Union kind of money transferring system. Exactly said. If you take bitcoin and western union in relevance to technology or innovation bitcoin seems to be the best. In terms of usability even by a normal human western union takes the place. |
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DimensionZ
Sr. Member
Offline
Activity: 350
Merit: 250
Shit, did I leave the stove on?
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April 01, 2016, 04:38:10 AM |
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The Western Union fees for sending money overseas below $1000 are really bad and below $50 are just horrendous lol it's like a $8 fee for a $50 transaction where I live. Bitcoin transaction fees structure completely outperforms WU and another big plus is that you don't need to go to an office to collect your cash.
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armansolis593
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April 01, 2016, 05:17:04 AM |
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The Western Union fees for sending money overseas below $1000 are really bad and below $50 are just horrendous lol it's like a $8 fee for a $50 transaction where I live. uᴉoɔʇᴉq transaction fees structure completely outperforms WU and another big plus is that you don't need to go to an office to collect your cash.
This is why people are starting to send money via bitcoin because its gives the lowest fees and you dont need to give any additional information when you are withdrawing. |
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pocarime32
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April 01, 2016, 05:28:38 AM |
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The Western Union fees for sending money overseas below $1000 are really bad and below $50 are just horrendous lol it's like a $8 fee for a $50 transaction where I live. uᴉoɔʇᴉq transaction fees structure completely outperforms WU and another big plus is that you don't need to go to an office to collect your cash.
This is why people are starting to send money via uᴉoɔʇᴉq because its gives the lowest fees and you dont need to give any additional information when you are withdrawing. Yeah, that ridiculous fee so damn big for transfer money into other currencies. Bitcoins really help people because the fee is small, but many people still don't know about bitcoin. |
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