Bank experience makes me love Bitcoin more

[Hellacopter]

I believe that using Bitcoin is a lot better than using the banking services nowadays, because the banking services aren't stable right now and also it's asking high fees usually and it's centralized

[MingLee]

I believe that using Bitcoin is a lot better than using the banking services nowadays, because the banking services aren't stable right now and also it's asking high fees usually and it's centralized

Well, realistically speaking, the banking services are technically stable, but they are the main cause of things like inflation and some similar ailments when it comes down to the heart of it.

Banks are technically a neutral thing when you weigh the pros and the cons, assuming if one con is equal to one positive. If you actually weigh their affects, though, there are next to no positives in the current banking system.

[richardsNY]

I believe that using Bitcoin is a lot better than using the banking services nowadays, because the banking services aren't stable right now and also it's asking high fees usually and it's centralized

Well, realistically speaking, the banking services are technically stable, but they are the main cause of things like inflation and some similar ailments when it comes down to the heart of it.

Banks are technically a neutral thing when you weigh the pros and the cons, assuming if one con is equal to one positive. If you actually weigh their affects, though, there are next to no positives in the current banking system.

Even if you keep saying that to the average joe many times and show them proof that Bitcoin is a much better alternative, then still they will give the prefered choice to fiat and everything around it without giving Bitcoin a chance. It's a shame.

[whoreble]

Even if you keep saying that to the average joe many times and show them proof that Bitcoin is a much better alternative, then still they will give the prefered choice to fiat and everything around it without giving Bitcoin a chance. It's a shame.

If only Average Joes were half as visionary and disruptive as us

[White sugar]

Sometimes the bank also make some of your balance disappear or charge fees for services you never bought. Happened to me for few cents more than once, but for some bigger buck with other people you know, if you perceive, they return the money, if not, they just keep it. Of course 99% of people won't see a few cents disappearing, or won't bother to call and recover them.

At least with Bitcoin the money won't disappear by itself, if you don't do anything wrong.

[MTBTT]

Sometimes shit happens but i can't really see something bad in bank system, i am using bitcoin as investment so i don't really faced a problems with it.

I think there is no problem for the banking system. they have designed the bank system is very good. but his affection they have full control over your money so bitcoin better than banks

[aso118]

Sometimes the bank also make some of your balance disappear or charge fees for services you never bought. Happened to me for few cents more than once, but for some bigger buck with other people you know, if you perceive, they return the money, if not, they just keep it. Of course 99% of people won't see a few cents disappearing, or won't bother to call and recover them.

At least with Bitcoin the money won't disappear by itself, if you don't do anything wrong.

Charging fees is one thing.
They can 'freeze' your account if any government agency demands it, or if they suspect that you are doing something remotely illegal.
That is a pain.

[Boosterious]

My brother bought a second hand car a week ago, and he went into the bank to transfer the money for the car to the dealers account at another bank. The dealer already finished all paper work and

transfer of ownership and also road worthy testing and insurance etc, but cannot deliver the car to him, because the money has not been successfully transferred by the bank. They have a 48 hour

transfer period between different banks. In this day and age, we still have to wait for a minimum of 48 hours to successfully transfer money between banks. 


Everyone should stop complaining about Bitcoin transaction confirmation times, because with the correct fees, you will rarely see anything like this happen under normal {non-stress test} conditions.

You just have to love Bitcoin.  

yes its common problem when use bank for transafer money,but i have question for you,why your brother transafer went to bank office?why dont using ATM services?
we all know bank account have delay so lon if they in holiday or in weekend,that;s hurts,its will not happen when you use bitcoin.

[zodin]

is there any relation between bank and bitcoin. i dont think that there will be any relation between them. because bitcoin need no band and bank is not accepting bitcoin.

[pedrog]

is there any relation between bank and bitcoin. i dont think that there will be any relation between them. because bitcoin need no band and bank is not accepting bitcoin.

Check this out:

Created to avoid banks, bitcoin’s blockchain technology may end up helping them

http://www.imf.org/external/pubs/ft/fandd/2016/06/adriano.htm

[wuvdoll]

is there any relation between bank and bitcoin. i dont think that there will be any relation between them. because bitcoin need no band and bank is not accepting bitcoin.

Apparently, many banks are considering to adopt bitcoins. I don't exactly know if it's a bitcoin-bank relation but bitcoin offers transparency because all transactions are recorded and can be viewed by anyone wherein banks don't actually offer than. Rather, they refuse to.