BITCOIN IS BETTER THAN WESTERN UNION ?

[Meuh6879]

https://bitcointalk.org/index.php?topic=1284309.0

[Hashminers]

https://bitcointalk.org/index.php?topic=1284309.0

100% this.

There is no payment gateway right now that can compete with bitcoin. Not now and I don't expect it in the future because
Bitcoin is the future...

[btcdevil]

in todays scenario BITCOIN is far much better than WESTERN UNION. Their are many resons, like, the transaction chanrges ares low against western union,

the service is fast and secure in bitcoins, you can send to anyone anywhere withining lightning speed, you dont have to give your identification details for sending or receiving bitcoins. and it is easy to convert to any fiat currency

[Epicnicity]

I would have to pick bitcoin. I've never used western union but it's commonly used for international transactions. I know people who are still using western union, every time that they tell me about it, I bring up bitcoin. They don't seem to understand how bitcoin works, they find it too complicated.

[HarryKPeters]

https://bitcointalk.org/index.php?topic=1284309.0

That's a very nice infographic thanks. I saved it. ANd will use it to convert the others into bitcoin.

These kinds of infographics should be published too on bitcoin.org.

[makingwin1]

of course it is better bitcoin is the best currency in the world and i believe that it will soon replace all the currencies of the world what will mean a big price increase

[Pk880058]

if you use western union you have to give your identification then only you can send and receive the fiat currency. Their transaction charges are also high.

But in Bitcoins you dont have to disclose you identity. You have to just create a wallet and send the bitcoins to any address. through this bitcoins you can purchase goods online or you can convert it in to your fiat currency

[nejibens]

I think as Bitcoin can be converted into fiat easily, yes it's better than Western Union.
With western union you have to pay fee, wait several days sometimes (working ony in buisness days) and put your personal infos. With bitcoins you don't need this.

[jmintuck02]

I honestly wonder why the hell they have "SCAMWU" in Walmart. I feel sorry for the saps who go to Customer Service in Walmart for WU.

I feel terrible for people not aware of BTC and not using it like they should.

[Blawpaw]

Bitcoin is far better than Western Union, for a lot of reasons. With Bitcoin you don't need to trust a third party that will charge you about 10% to allow you to do an international transaction...

[HarryKPeters]

Bitcoin is far better than Western Union, for a lot of reasons. With Bitcoin you don't need to trust a third party that will charge you about 10% to allow you to do an international transaction...

Yes in terms on fee bitcoin is superior. But in terms of limits too.
With bitcon there are none. Paypal has monthly limits (2.5k per month), which is not a lot if you use it for many online purchases.

[knowhow]

Bitcoins is great for big ammounts since there is no limit,and well the low cost is what is making the market start to change the processor they use to send money to family.Bitcoin has technology and a huge potencial to make wester or any other company that are present at the online market for years,loose their costumers to bitcoin,we will see bitcoin getting bigger year by year,if the others companyes dont try to offer a service to bitcoin they may close their doors ,on the next years.

[Hellacopter]

Bitcoin is far better than Western Union, for a lot of reasons. With Bitcoin you don't need to trust a third party that will charge you about 10% to allow you to do an international transaction...

And also with bitcoin you don't have to submit your identification and your personal infos, as it's the way in Western Union. Really Bitcoin's better than using Western union in my opinion.

[ATguy]

"For" better and "far" better is two very different things. I tried western union and their fees are way to big. I think WU is just better in one way , when u need to take money they have many offices in many towns. I think that is what btc needs easier way to cash out.

You can cash out your bitcoin every day everywhere , You need only Bitstamp account and bank account.
If all people in the world use bitcoin we can send money without think about "office" in each city.

Biggest point of Bitcoin is you dont need to cash out (exchange Bitcoin to fiat) because exchange between currencies cost you exchange fees and it is unnecessary middleman anyway. You may object not many shops accept Bitcoin righ now, this is true, but I see progress here.

[ausbit]

Western union and money gram are sneaky thieves. They are low in transaction speed and the costs are higher the poorer the destination of the money is.
Of course Bitcoin is way more better and efficient than those services. But these companies exist since a long time and you can not make them disappear over night. It will happen but it will take some time.

We can't compare between Bitcoins and western money union at this time because western money union is serving in many remote areas too and they have business from long time. Where people trust it too.but at same time there are not all the people knows about Bitcoins and its benefits, its transfers speed.

[bitcoinmar]

Western union and money gram are sneaky thieves. They are low in transaction speed and the costs are higher the poorer the destination of the money is.
Of course Bitcoin is way more better and efficient than those services. But these companies exist since a long time and you can not make them disappear over night. It will happen but it will take some time.

We can't compare between Bitcoins and western money union at this time because western money union is serving in many remote areas too and they have business from long time. Where people trust it too.but at same time there are not all the people knows about Bitcoins and its benefits, its transfers speed.

You are absolutely right Western Union working for long time and have offices in many rural areas in our country peoples trust them even they are some expensive and bitcoin is still strange for them as they have not access to internet they need education and access to this system which need some good time

[ACAB]

Seriously what kind of question is this? I checked Western Union rates today.
If you want to send 100$ you have to pay 15$ fee. If you want to send 1000$ then you have to pay 53$ fee. You have to even pay 305$ fee to send 7500$. You can send 7500$ worth of Bitcoin for just less than 1$. Yeah, Bitcoin is better than Western Union, Paypal and all other crooks.

[rienelber]

quote author=Blawpaw link=topic=1215911.msg13347023#msg13347023 date=1450974289]
Bitcoin is far better than Western Union, for a lot of reasons. With Bitcoin you don't need to trust a third party that will charge you about 10% to allow you to do an international transaction...


That sums it up. I just had my bank account frozen after someone hacked it, and it's a real pain to get my money back since they make a thousand demands (I must prove I didn't hack my own account LOL). So, lesser fees and no intermediary, that's what makes btc so great.

[Kevin77]

Bitcoins is great for big ammounts since there is no limit,and well the low cost is what is making the market start to change the processor they use to send money to family.Bitcoin has technology and a huge potencial to make wester or any other company that are present at the online market for years,loose their costumers to bitcoin,we will see bitcoin getting bigger year by year,if the others companyes dont try to offer a service to bitcoin they may close their doors ,on the next years.

Bitcoin is far more better than Western Union. When you make use of bitcoin you can deliver payments faster enough than Western Union which will take days to deliver. And when you make use of bitcoin, send and receive money almost without fees, but, with Western Union, you will pay lots of fees.

[fox19891989]

hehehe... cool image...
i agree with you with that. and in western union.
you still need to go outside. and they will ask you everytime for
your idenitfication cards or something.
unlike in bitcoins. more faster, stressless, and so cheap.
that is why i really love using bitcoin.
even as for now transactions are taking longer than before.