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Author Topic: BITCOIN IS BETTER THAN WESTERN UNION ?  (Read 70154 times)
Daniel91
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June 07, 2016, 01:18:24 PM
 #881

Of course that Bitcoin is better than Western Union.
Did you ever tried to send money with WU?
First, at least in my country, I have to go to the post office, fill up WU form, wait in the line 30 min. or more, send transaction, wait for confirmation code etc.
With Bitcoin you don't need to wait in the waiting line, send confirmation code etc.
Also, WU have very big fees, and they also use to much in exchange of currency.
You also have to show your ID card, write your name, address etc.
With Bitcoin you don't need to show your ID card, show or write your name and fees are not high as with WU. 
 

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bitcoinhopper
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June 07, 2016, 02:00:08 PM
 #882

As you can see now you see that Bitcoin is getting more popular and more used and even more popular so that is really nice for the currency itself and people that is already using it.
But you can indeed see also that the value is rising slowly and it becomes also more acceptable so we can use it more and that is perfect.

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June 07, 2016, 04:21:33 PM
 #883

You also have to show your ID card, write your name, address etc.
With Bitcoin you don't need to show your ID card, show or write your name and fees are not high as with WU.  

It is your government (through Western Union) which is asking for all those details.
Even if a company uses Bitcoin (in the back end) to process remittances, they will still ask for all those details.


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June 08, 2016, 09:11:19 AM
 #884

You also have to show your ID card, write your name, address etc.
With Bitcoin you don't need to show your ID card, show or write your name and fees are not high as with WU.  

It is your government (through Western Union) which is asking for all those details.
Even if a company uses Bitcoin (in the back end) to process remittances, they will still ask for all those details.

now U.S. use bitlicensi, for buying bitcoin you must add ID card, passport etc.
iam afraid in future each exchange will add this requipment too.
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June 08, 2016, 09:48:21 AM
 #885

You also have to show your ID card, write your name, address etc.
With Bitcoin you don't need to show your ID card, show or write your name and fees are not high as with WU.  

It is your government (through Western Union) which is asking for all those details.
Even if a company uses Bitcoin (in the back end) to process remittances, they will still ask for all those details.

now U.S. use bitlicensi, for buying bitcoin you must add ID card, passport etc.
iam afraid in future each exchange will add this requipment too.

Nowadays there aren't many decent Bitcoin exchanges left where you can deposit, trade and cash out without verifying yourself. I use Btc-e to do some occasional trading, and so far they didn't force me to verify myself (which of course is great for me).
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June 08, 2016, 11:10:26 AM
 #886

You also have to show your ID card, write your name, address etc.
With Bitcoin you don't need to show your ID card, show or write your name and fees are not high as with WU.  

It is your government (through Western Union) which is asking for all those details.
Even if a company uses Bitcoin (in the back end) to process remittances, they will still ask for all those details.

now U.S. use bitlicensi, for buying bitcoin you must add ID card, passport etc.
iam afraid in future each exchange will add this requipment too.

Nowadays there aren't many decent Bitcoin exchanges left where you can deposit, trade and cash out without verifying yourself. I use Btc-e to do some occasional trading, and so far they didn't force me to verify myself (which of course is great for me).
Maybe that's part of becoming more popular? They do want to be more secure. It's not impossible that as days pass by all means in transacting bitcoin will require identity verification just like others. However for now, I also think that bitcoin is far better than WU in terms of convenience in transacting and not that time consuming.
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June 15, 2016, 07:53:38 PM
 #887

well as a matter of fact, it is obviously that Bitcoins is really better than western union.
Why? due to you dont need to go outside and go for the branch near to you, unlike if you have a bitcoins and loptop with
internet connection so easy to transact,faster and low charge of fee and very convenient also Wink
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June 15, 2016, 08:28:59 PM
 #888

yes ofcourse bitcoin is too much better than western union. because bitcoin is universal. whereas western union is regional. bitcoin is accepting everwhere in the world.
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June 15, 2016, 09:40:01 PM
 #889

i think not in present time. because everyone know about Western unione. but most of the people do not know about  the bitcoin. so i think it will take a little more time in its popularity.
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June 15, 2016, 09:52:36 PM
 #890

i think not in present time. because everyone know about Western unione. but most of the people do not know about  the bitcoin. so i think it will take a little more time in its popularity.
exactly, the popularity it just a matter of time, if people know about bitcoin trust me they will move on from western union to bitcoin as their option, the fee's make bitcoin better than western union, i saw so many people out there keep using western union for their transaction, too much money they spent only for fees, while bitcoin it took almost nothing
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June 15, 2016, 09:58:48 PM
 #891

i think not in present time. because everyone know about Western unione. but most of the people do not know about  the bitcoin. so I think it will take a little more time in its popularity.
I think bitcoin has the same popularity with the Western Union for now because a few times ago I've seen someone make a topic about bitcoin statistic is surpass the Western Union in here.

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June 22, 2016, 01:16:37 PM
 #892

It's not concern here if Bitcoin is better than Western union, actually there both helpful to the people.
but if individuals are practical and once they discover what Bitcoins can do to people well, practically they will choose BITCOINS. Smiley
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June 22, 2016, 01:22:34 PM
 #893

i think not in present time. because everyone know about Western unione. but most of the people do not know about  the bitcoin. so i think it will take a little more time in its popularity.

Yup, maybe in the now is not the time for Bitcoin replacing WU (Western Union), as it is still very early to introduce or provide recommendations towards bitcoin. You know that bitcoin is indeed superior to WU and better, because the given system is very efficient and effective
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June 22, 2016, 07:26:37 PM
 #894

i think not in present time. because everyone know about Western unione. but most of the people do not know about  the bitcoin. so i think it will take a little more time in its popularity.

Yup, maybe in the now is not the time for Bitcoin replacing WU (Western Union), as it is still very early to introduce or provide recommendations towards bitcoin. You know that bitcoin is indeed superior to WU and better, because the given system is very efficient and effective
In terms of popularity, then of course western union is far better than bitcoin because it is world renowned but in terms of convenience fees and time, I think bitcoin is a little superior since it would only take a matter of minutes for someone to actually receive the money with bitcoins.

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June 22, 2016, 11:46:46 PM
 #895

Bitcoin is better known than western union and i personally think that bitcoin is a better cryptocurrency and pays much better
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June 22, 2016, 11:49:39 PM
 #896




I know. Western Union isn't even that good. I think soon word about Bitcoin would spread and more people will become part of the Bitcoin community. But I think Bitcoin still needs to improve some things.  Smiley Smiley Smiley
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June 23, 2016, 12:23:20 AM
 #897



from the statistic above I can see that bitcoin can't beat any form of VISA and MasterCard because of bitcoin debit card

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June 23, 2016, 12:29:43 AM
 #898

At the right time this Western Union will fall. I am one person who stopped using their services and just let my relatives from far away to get an ATM account where I can send my bitcoin which is changed to fiat. Better and no hassle, no need to fill up anything, just send right away, low transaction fees.
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June 23, 2016, 12:32:27 AM
 #899

Bitcoin is much much better than western union, you can look the fee for the transaction. It's really big on western union, in the other hand, bitcoin only have small fee.
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June 23, 2016, 01:09:12 AM
 #900

Bitcoin is better than western union, but it haven't reached most users. Only a limited number of people who have knowledge in computer have adopted it. Most common man prefer western union for their transaction needs.
Hey.... bitcoin is surpassed the Western Union for now and yes that's true in some countries still have some people in not have more knowledge or lack of knowledge about computer.

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