BITCOIN IS BETTER THAN WESTERN UNION ?

[ASHLIUSZ]

Bitcoin is always the best to choose than western union because of transaction speed also you can instantly make wallet and deposit in bitcoin unlike western it needs real identity or passport before you can send or receive the money..

Sending money using a Bitcoin-based platform is comparatively cheaper, as transmission fees in Bitcoin transactions are often very low.

We can see from the comparisons that Bitcoin remittance providers consistently charge lower fees than the regular mainstay, Western Union, while still managing to transfer the required currency in minutes up to a few hours.

[SameFaces]

But in those places where internet will be not available, I think there we will have to rely on western union as there the people of that lace will not have any access to bitcoin.

[bravehearth0319]

As we all know western union is the one has being establish rather than bitcoin, Before bitcoin was created western union has a big  community already. but after bitcoin was being created by nakamoto satoshi after a years only many people discovered that for having a bitcoins is a big advantage and convenient compare to western union and one of this is there is a low charge transaction in bitcoins.

[romero121]

For people who were aware of bitcoin as well its potential of growth and the knowledge of computer and internet shows interest on bitcoin. Others just prefer western union, as it has reached people as the partner in money transfer.

[mishra1994u]

As we all know western union is the one has being establish rather than bitcoin, Before bitcoin was created western union has a big  community already. but after bitcoin was being created by nakamoto satoshi after a years only many people discovered that for having a bitcoins is a big advantage and convenient compare to western union and one of this is there is a low charge transaction in bitcoins.

Yes western union may be well established for years in the market but still bitcoin has brought some thing new and unique when it comes in making transactions.With such a low transaction fee we can send some all over the world within few minutes and also its pretty easy to use who is new in this system.So surely i would prefer bitcoins over western union.

[clickerz]

As we all know western union is the one has being establish rather than bitcoin, Before bitcoin was created western union has a big  community already. but after bitcoin was being created by nakamoto satoshi after a years only many people discovered that for having a bitcoins is a big advantage and convenient compare to western union and one of this is there is a low charge transaction in bitcoins.

Yes, it is the low sending charge is what I like in bitcoin. It is flexible and convenient as you can send money through your phone. The anonymity features is also a plus factor and after sending, you can check on the blockchain the status. Great technology.

[ObscureBean]

Bitcoin is always the best to choose than western union because of transaction speed also you can instantly make wallet and deposit in bitcoin unlike western it needs real identity or passport before you can send or receive the money..

Yea but Bitcoin is not as convenient, you don't really need internet or a computer to receive money using Western Union and you get the money in a currency that is immediately usable everywhere. If you're abroad and you don't have your own computer/laptop, you might not be able to download and install a wallet in an internet cafe. You can receive the coins if you have an online wallet but then you would still probably need to convert it to dollars before you can use it. Converting it to PayPal wouldn't be very hard but if you need cash, you would need to trade with someone locally which could take time.

[Capradina]

For people who were aware of bitcoin as well its potential of growth and the knowledge of computer and internet shows interest on bitcoin. Others just prefer western union, as it has reached people as the partner in money transfer.

Yeah, everyone who knows about the potential of the internet and will definitely be using bitcoin bitcoin for various things. Because the bitcoin has almost the same transaction system with Western Union and I think much more of it than western union, for delivery or transactions conducted using bitcoin does not require identity and also we are only being asked to show address addres BTC will receive our delivery

[relq]

Bitcoin is far better than Western Union, because i always transfer my money to my parents to another country and western union have so damn big fee.

[avikz]

That certainly is. Bitcoin is better only when you are sending money to someone who knows the usage of bitcoin and knows how to convert it to fiat. Otherwise it is not much of a use.

On the other hand, WU is strictly regulated and will not release your money unless you provide a copy of your ID. In term of anonymity, bitcoin is better but in terms of user friendliness, WU is better. 

[serjent05]

Bitcoin is far better than Western Union, because i always transfer my money to my parents to another country and western union have so damn big fee.

I can't argue with this, there are some chart  that compare payments and transaction speed in the net.  You can see big difference between bitcoin and Western Union.  There is a big discrepancy between this two and the transaction and confirmation speed has a huge difference too gving bitcoin an edge over Western Union.

[CryingMidget]

Bitcoin is far better than Western Union, because i always transfer my money to my parents to another country and western union have so damn big fee.

Even I think the same bro. Bitcoin is much more better than all these methods which are being used for money transfers right now.The above chart shows Bitcoin has huge potential and very big market in remittance.Bitcoin will dominate this remittance market in coming years.

[Yakamoto]

Bitcoin is far better than Western Union, because i always transfer my money to my parents to another country and western union have so damn big fee.

I can't argue with this, there are some chart  that compare payments and transaction speed in the net.  You can see big difference between bitcoin and Western Union.  There is a big discrepancy between this two and the transaction and confirmation speed has a huge difference too gving bitcoin an edge over Western Union.

Not only the confirmation times are faster for international transfers, the fees incurred by Bitcoin are also far, far cheaper than what is put forth by Western Union or any other form of international transfer service. Paying only $0.09-$0.10 per transaction is incredibly cheap and beats out basically every other service provider, and it has the potential to put them completely out of business.

[HrvatskaVojska]

Yea bitcon is better than western union.It will become more popular than paypal after 1-2 year anc increase market capital more than paypal really fast.

[Maesters1-]

there is no doubt about this that bitcoin is too good than western union. bitcoin is a universal currency its transaction is very fast, but it is also fact that western union although it is a regional form any not a universal and it is restricted in some areas but still its service is also good but a complicated one.

[randy8777]

Bitcoin is far better than Western Union, because i always transfer my money to my parents to another country and western union have so damn big fee.

I can't argue with this, there are some chart  that compare payments and transaction speed in the net.  You can see big difference between bitcoin and Western Union.  There is a big discrepancy between this two and the transaction and confirmation speed has a huge difference too gving bitcoin an edge over Western Union.

Not only the confirmation times are faster for international transfers, the fees incurred by Bitcoin are also far, far cheaper than what is put forth by Western Union or any other form of international transfer service. Paying only $0.09-$0.10 per transaction is incredibly cheap and beats out basically every other service provider, and it has the potential to put them completely out of business.

i am quite sure that after 5-10 years bitcoin will be far more popular for world wide money transfers than western union has ever been. maybe that western union points will also allow people to send and receive money with bitcoin. that will be impressive if western union somehow adopt bitcoin. i only think they will do it once they see bitcoin is outperforming them. if you can't beat them, then join them.

[Strongkored]

i am quite sure that after 5-10 years bitcoin will be far more popular for world wide money transfers than western union has ever been. maybe that western union points will also allow people to send and receive money with bitcoin. that will be impressive if western union somehow adopt bitcoin. i only think they will do it once they see bitcoin is outperforming them. if you can't beat them, then join them.

Right, maybe a few years become increasingly popular bitcoin.
But I do not agree if WU adopt bitcoin. Try to think of what benefits they are using bitcoin? because I think people would be happy if managing their own bitcoin, and send their own bitcoin without the help of the services of the WU. If no one is using the services of the WU for bitcoin then I think it's useless IMO

[dunfida]

Bitcoin is better than any  money remittances i guess since its less hassle and its has  little fee on transferring  compared to those remittances but the big question is  does you relatives or friends know already bitcoin? Im thinking  that it would be a big  help especially that you too far away from your family or friends  and then you can easily transfer  funds without the hassle of going to remitances and paying fee on  sending those money.

[CrimBit]

Bitcoin is always the best to choose than western union because of transaction speed also you can instantly make wallet and deposit in bitcoin unlike western it needs real identity or passport before you can send or receive the money..

Yes I totally agree because bitcoin transaction system is very simple and can be understood even by a layman, the transaction system used is also very simple to use address wallet and barcode.

[Jasad]

Bitcoin is always the best to choose than western union because of transaction speed also you can instantly make wallet and deposit in bitcoin unlike western it needs real identity or passport before you can send or receive the money..

Yes I totally agree because bitcoin transaction system is very simple and can be understood even by a layman, the transaction system used is also very simple to use address wallet and barcode.

bitcoin is the future of financial system ,
it has a lot of advantages using bitcoin, for example yes the fastest processing to send money around the world ,
if you compare bitcoin to western union, bitcoin is far better ,
every fiat bank must watch and do research to apply bitcoin financial system ASAP .