Betwrong
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October 30, 2015, 03:45:32 PM |
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Where can we find people that use western union and how can we make them aware of bitcoin?
That's a good question! ) We can start from the Wiki page https://en.wikipedia.org/wiki/Western_Unionand add some links on Bitcoin in the See also section. We also can go to a forun related to Western Union, like this one http://www.topix.com/forum/who/western-unionand spam them with Bitcoin praises. Would it be effective though? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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davinchi
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October 30, 2015, 04:05:04 PM |
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BTC is way better than Western Union because of low fees. It's possible to send much lower amounts without fees eating it up.
More over bitcoin is instant and can be used for purchasing too whereas western union is meant for only money transfer. I believe people will switch over to bitcoin completely just because the reason of very much lower fees for any distance transactions.
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cellard
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October 30, 2015, 04:26:22 PM |
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Andreas Antonopoulos has documented this on his speeches, the fact that using Western Union is a direct scam specially for the less fortunate. You are in some country with some slow salary, but the guys at Western Union simply don't give a fuck, they will ask for the same fee. With Bitcoin, you are free to send a smaller free even if it means that it will be a slower transaction. Even on the case of a smaller fee, the transaction will be faster than WU anyway.
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tiggytomb
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October 30, 2015, 04:41:34 PM |
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I like the graphic. Obviously bitcoin is the better of the two but as others have said it simply at the moment anyway has no visibility when compared to the likes of Western Union, this will change over time but I fear it will be a long process.
No id needed for BTC no opening hours, the positives are endless. If bitcoin did gain a wider audience then Western Union and all the other fee charging companies would have no choice but to close which is another reason why it will take a long long time before we can rival these companies, there is far too much money invested in these companies and banks for them to just roll over.
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danherbias07
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October 31, 2015, 01:30:37 PM |
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Andreas Antonopoulos has documented this on his speeches, the fact that using Western Union is a direct scam specially for the less fortunate. You are in some country with some slow salary, but the guys at Western Union simply don't give a fuck, they will ask for the same fee. With Bitcoin, you are free to send a smaller free even if it means that it will be a slower transaction. Even on the case of a smaller fee, the transaction will be faster than WU anyway.
This is correct. Plus bitcoin is like 24/7 not like western union here in our country. It closes early and dont have saturdays and sundays. what if you really need it by that day. or someone need it for emergency purposes. Bitcoin is still faster for me.
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HeroCat
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October 31, 2015, 02:22:32 PM |
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Of course, BTC is much more popular. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Western Union is quite popular in some countries, where computers are not popular, because of electricity, Internet connection and so on
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mtnsaa
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October 31, 2015, 07:43:22 PM |
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Again, go ahead and open a local Bitcoin exchange. You'll charge more than Western Union, I guarantee it. Do you think people in many third world countries can expend their Bitcoin or know how? That they have a bank or international credit cards? You need to provide the same service as Western Union, go to a window and get US DOLLARS or local currency. Anything other than that is not easy at all for common folks, let alone for uneducated or tech illiterate people.
If we want Bitcoin to grow or go mainstream (not sure if that's the intention) then we have to realize it may be easy for us to handle but not for everyone. That's why there is very low % of women using Bitcoin. I'm not saying that in the wrong way, the women approval factor is very important and guarantees that the "product" is easy to use on a daily basis.
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jt byte
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November 01, 2015, 12:55:35 PM |
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You still don't get it. Dollars also have zero transaction fees.
Painting bitcoin as a competitor to western union is misdirection at best.
Public coin allows you to hold a verifiable fraction of the world's supply in your hand. Fiat coin does not allow you to hold a verifiable fraction of the world's supply in your hand.
Get it?
Soon you will be using western union to send bitcoin, then perhaps you will understand.
Well cash to cash has no transaction fees. The topic is about western union, so basically sending money costs you money. So it is a huge difference between western union fees and bitcoin tx fees.
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danherbias07
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November 01, 2015, 01:02:14 PM |
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Again, go ahead and open a local Bitcoin exchange. You'll charge more than Western Union, I guarantee it. Do you think people in many third world countries can expend their Bitcoin or know how? That they have a bank or international credit cards? You need to provide the same service as Western Union, go to a window and get US DOLLARS or local currency. Anything other than that is not easy at all for common folks, let alone for uneducated or tech illiterate people.
If we want Bitcoin to grow or go mainstream (not sure if that's the intention) then we have to realize it may be easy for us to handle but not for everyone. That's why there is very low % of women using Bitcoin. I'm not saying that in the wrong way, the women approval factor is very important and guarantees that the "product" is easy to use on a daily basis.
Then it goes to women approval. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It will be to use if only it is known like a simple dollar in your online money bank. It is just being presented more and more. We have different experiences some of us feell bitcoin is better.
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crairezx20
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November 01, 2015, 02:45:55 PM |
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For me bitcoin is fast than the other remitances then theres no fee to transfer or exchange it into money... unlike western union...
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CrimBit (OP)
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November 02, 2015, 06:51:01 AM |
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For me bitcoin is fast than the other remitances then theres no fee to transfer or exchange it into money... unlike western union...
agree it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) that why i say bitcoin is better than western union
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Andrelvogue
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November 02, 2015, 10:54:15 AM |
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This is so great if you wanna sent money to your familly in X-mas. That is why BTC is the best.
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Kevin77
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November 02, 2015, 11:09:12 AM |
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For me bitcoin is fast than the other remitances then theres no fee to transfer or exchange it into money... unlike western union...
Bitcoin is the one of the very much potential competitor to Western Union nowadays. Bitcoin will do all the jobs of Western Union within a fraction of second and with very low fees too. There are lots of possibilities in upcoming days bitcoin will replace Western Union in all the countries.
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Eastwind
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November 03, 2015, 09:04:33 AM |
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Bitcoin is a cheaper way to send the money if you can convert fiat into bitcoin and convert bitcoin easily. You need local exchanges.
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safari88
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November 03, 2015, 09:33:15 AM |
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yes this is very clear bitcoin better than western union especially the shipping cost is very low and you do not need to leave home to send to anyone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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CrimBit (OP)
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November 05, 2015, 03:38:18 AM |
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For me bitcoin is fast than the other remitances then theres no fee to transfer or exchange it into money... unlike western union...
Bitcoin is the one of the very much potential competitor to Western Union nowadays. Bitcoin will do all the jobs of Western Union within a fraction of second and with very low fees too. There are lots of possibilities in upcoming days bitcoin will replace Western Union in all the countries. the problem is "price"
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BitcoinBullion
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November 05, 2015, 03:56:18 AM |
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BTC needs to be introduced to those in the USA that speak spanish and send money south of the border each week.
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Djisamsoe
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November 05, 2015, 04:14:15 AM |
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Ofcourse, that Bitcoin is better than Western Union! First of all, the difference in cost is huge! Frequently we need transfer a small amount, for which WU taking around 15% commission, with larger amounts they take less - about 5% commission. Compared to the cost of transfers BTC it is robbery!
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delliaerd
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November 08, 2015, 12:49:36 AM |
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Bitcoin is a cheaper way to send the money if you can convert fiat into bitcoin and convert bitcoin easily. You need local exchanges.
Right, difference between bitcoin and western union ia striking . Bitcoin is very advantage for me
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DiamondCardz
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November 08, 2015, 12:57:20 AM |
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Yeah, WU fees are quite ridiculous. Though in all fairness you could make the same argument with something like PayPal where you can send to friends and family for no fees, but obviously it falls flat in that it's very much centralized and also has quite high fees if you use it for commercial transactions. I think WU is going to get hit with a wakeup call very quickly.
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