BITCOIN IS BETTER THAN WESTERN UNION ?

[bearex]

Of course it is better, just not that widely used amongst people who use WU.

[HeroCat]

Western Union can work in countries, where you do not have computers etc. It is a bit outdated money transfer system 

[danherbias07]

Western Union can work in countries, where you do not have computers etc. It is a bit outdated money transfer system 

This is one more good reason and is completely right. Some western union booths can also just be found in cities though, in some countries

[techboy2]

That would be comparing apples to oranges.

[neonshium]

Bitcoin is more better than Western Union in many ways and there is no comparison between both whether it is about sending charges/cost,ease and freedom.Bitcoin will be main source of remittance in near future because of its unique features.It is already being used mostly for transfer of funds successfully.

But still many people from almost all the countries using western union just because of lack of awareness on bitcoin and it's advantages. This is means they are still rushing to the old trend even they got easiest and cheapest way. It's not fair if we still delaying on spreading word on bitcoin to them.

Simply bitcoin is better than Western Union in all departments. May be bitcoin is created to replace this kind of inter border money transfer in mind. Bitcoin will do better what Western Union so far has performed for people with very less fees.

[Eastwind]

The major advantage of bitcioin is that you can transfer the money yourself. The disadvantage is that it is not widely used.

[gentlemand]

Western Union can work in countries, where you do not have computers etc. It is a bit outdated money transfer system 

Yes. That's a rather major deal. You can send money to the most backward stone age shit hole halfway around the planet and know that it'll arrive. Bitcoin can do a few things but that's a way off yet, if ever.

[Supercrypt]

The major advantage of bitcioin is that you can transfer the money yourself. The disadvantage is that it is not widely used.

Another disadvantages is converting into fiat as in many countries local bitcoin converters ask with big price difference compared to current exchange prices. When we have easy fiat conversion or everything available for bitcoin, we can see use of bitcoin more than western union.

[Eastwind]

The major advantage of bitcioin is that you can transfer the money yourself. The disadvantage is that it is not widely used.

Another disadvantages is converting into fiat as in many countries local bitcoin converters ask with big price difference compared to current exchange prices. When we have easy fiat conversion or everything available for bitcoin, we can see use of bitcoin more than western union.

The spread between is more than 5% in localbitcoins. This is much larger than exchanges. It is better if we can be paid with bitcoin.

[jt byte]

Sending money through bitcoin is much better than Western Union.
There is no fee (or very low fee - few cents) per transaction.
You can send millions via bitcoin and there is still few cents the fee.

[funkenstein]

I prefer to be paid in Western Unions, thank you very much.  

so you prefer to lose money on stupid expensive fees? for what for a better security? because you feel more regulated and not evading something

some people feel simply dirty using bitcoin, it could be another reason why they avoid it

Sorry, I think you missed my point.  There is no such thing as a "western union" unit of account, which I said I preferred to be paid in.  As in, "please send me 100 western unions". 

Bitcoin is a unit of account.  Western union is a company providing communication/financial services. 

Do we also compare Bitcoin to Comcast?  Which is better?     

[jt byte]

I prefer to be paid in Western Unions, thank you very much.  

so you prefer to lose money on stupid expensive fees? for what for a better security? because you feel more regulated and not evading something

some people feel simply dirty using bitcoin, it could be another reason why they avoid it

Sorry, I think you missed my point.  There is no such thing as a "western union" unit of account, which I said I preferred to be paid in.  As in, "please send me 100 western unions".  

Bitcoin is a unit of account.  Western union is a company providing communication/financial services.  

Do we also compare Bitcoin to Comcast?  Which is better?      

The point of the OP is about transaction fees.
So it is much more better to use bitcoin rather than wester union.
Unless the receiver does not know about bitcoin and if can't use it.

[SwagGirl]

People are creatures of habit and not anxious to try something new. So its not a question of which is better. Tge question is what are the best ways to help people experience crypto for the 1st time. Then it snowballs from there.

[randy8777]

People are creatures of habit and not anxious to try something new. So its not a question of which is better. Tge question is what are the best ways to help people experience crypto for the 1st time. Then it snowballs from there.

the best for this to happen is to set up readings in several places and show them actual bitcoin usage in real life. that might help them to get the motivation to use bitcoin.

[Q7]

I think overall when you have more fiat to bitcoin exchangers become widely available that don't ask too much for your details that is when bitcoin will overtake wu. Right now despite having all the advantages we are still trying to catch up. It's a matter of time that it will happen.

[Luqman]

Yeah, just waiting for the people realizing that using bitcoin is very useful than WU.. Low fees it's the best feature of BTC

[lemipawa]

Bitcoin is good if only I can buy groceries and buy fuel for my car directly without exchanging to my local currency. I receive monthly remittance from my wife overseas but we still use Western Union because she is paid in USD not in BTC.

[dothebeats]

Yeah, just waiting for the people realizing that using bitcoin is very useful than WU.. Low fees it's the best feature of BTC

But apparently after receiving the bitcoin remittance from person A to person B, it has to be converted again to fiat to be useful to the receiver since bitcoin alone cannot buy general goods that people need in order to live.

[btc_enigma]

There is already discussion about this on reddit. Bascially, the cost revolves around last mile delivery https://bitcoinmagazine.com/articles/rebittance-startups-agree-bitcoin-does-not-make-remittance-cheaper-but-does-allow-for-innovation-1445528049

[Amph]

Yeah, just waiting for the people realizing that using bitcoin is very useful than WU.. Low fees it's the best feature of BTC

apparently people don't care about low fee, or they would use bitcoin only, security is what matter more for them, kwoning that this isn't true or to hard with bitcoin they prefer more convenient and well established method of payment

it can also be that we need few generation of new people to achieve massive adoption, and get rid of the old monetary system, maybe satoshi predicted that, and it is why bitcoin mining will end in 2140