Bitcoin Is Better Than Any Banks And Any Other Third Parties

[CraigWrightBTC]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

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[TastyChillySauce00]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

I must, unfortunately, say that it's not true that bitcoin is faster than the bank or other third parties such as PayPal in term of sending money. It's right that bitcoin is far cheaper than PayPal or even your local bank but sometimes the transaction takes more than 15 minutes whereas with third parties or bank your money will arrive at the destination as soon as you click the send button, even with the international transaction.
With bitcoin we can have full control of our funds, it might be one of the main advantages when you're using bitcoin but when you're facing the security problem such as hacking activities and so on which make your money get lost, there's no insurance to cover this.

[CraigWrightBTC]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

I must, unfortunately, say that it's not true that bitcoin is faster than the bank or other third parties such as PayPal in term of sending money. It's right that bitcoin is far cheaper than PayPal or even your local bank but sometimes the transaction takes more than 15 minutes whereas with third parties or bank your money will arrive at the destination as soon as you click the send button, even with the international transaction.
With bitcoin we can have full control of our funds, it might be one of the main advantages when you're using bitcoin but when you're facing the security problem such as hacking activities and so on which make your money get lost, there's no insurance to cover this.

Yes but use Paypal is more complecated than use bitcoin for sending money between countries,
as we know it is revisible payment the payment can be canceled.
Also Paypal needs our identity if we want use it for large amount transaction,
I have used Paypal with limited account until righ now it is still can not be used
they have bad costumers services that is my experience using third parties.

[staceyoh]

Yeah,I also think that
bitcoin is better than any
other banks because bitcoin
makes your transaction easier
and and it is a great way of income.

[requester]

every currency had institution have their own perspective and motiv and everyone have advantange and diadvantage of their services. so I would support bitcoin over traditinal banking system as it is highly secure and safe and it doesn't get hacked easily. but with banking system it is difficult to send and receive money. we have to go a long process to get our money transferred and even then we are unsure of its safety in various website. butcoin wis completely fearless for me.

[Xester]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

Sending bitcoins is very fast and with just one click of the finger you have already send an amount to any parts of the world on which banks cannot do. Aside from that you will enjoy the interest rates of your bitcoin from the price inflation in the market while the banks doesnt give you sufficient interest rates. Bitcoin gives you 10$ to 50% or more yearly while banks has only 1 to 2 % in their time deposit.

[Harlot]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

Sending bitcoins is very fast and with just one click of the finger you have already send an amount to any parts of the world on which banks cannot do. Aside from that you will enjoy the interest rates of your bitcoin from the price inflation in the market while the banks doesnt give you sufficient interest rates. Bitcoin gives you 10$ to 50% or more yearly while banks has only 1 to 2 % in their time deposit.

The fact that we can control it is a good idea because we know where to spend it and where to use it. But it also leads us to a downside which there will be no guaranteed safety that your Bitcoin/Money will be lost because with our owns I cant guarantee you it is not safe as a bank on how they secure and protect your money. Also there is a ton of features that banks can give you that Bitcoin cannot.

[maydna]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

i like your said about we can control our bitcoin and yes i am agree with you. there is more benefits from bitcoin that we can use, and we know that to send our bitcoin is cheap. we can send that amount to other people, without have any limitations, and the best thing we only wait for completing the confirming of the transaction. but unfortunately, we need to wait at least one hour to completing the transaction but i think its no problem at all.

and for me, i believe that bitcoin is helping me to earn money from doing trading bitcoin pair altcoin and exchange bitcoin to fiat when the price is high.

[doomistake]

Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

Banks have higher fees than bitcoin because it is not like bitcoin, which is decentralized. And yes, bitcoin helps many people in every way, specially those people who have problems about financial, but bitcoin solved that problem, and that is awesome and banks can't do it. Earning bitcoin is free for everyone who is willing to do bitcoin, it is not like fiat which you have to have a degree or talent to earn, because in bitcoin, the only requirement is you are willing to do it, you are dedicated to it.

And it changed me, bitcoin changed me for the better, bitcoin also helps me with my financial problem and now, I am not asking money anymore to my mother whenever I want to buy something that I want, because all I need to do is to convert a certain amount of bitcoin that I need, just simple as that.

[Frodomaga]

You will never feel freedom with banks. Bitcoin is about freedom.

[supto005]

I think it's yes to me. because it's easy to use&not need to go outside i meant not need to go bank we can withdraw in home&not take too much time.

[nicolecan13]

Exactly bitcoin is better than banks and any other parties but it really needs bank to cash it and exchanged it to fiat currency money most of the time. We must grab most of its opportunities while the price is still high and don't wait for the sudden fall because it may lowers down all your profit.

[jak3]

while choosing  a payment processor by comparing the transaction fees  yes bitcoin is the best alternate till now for the lowest transactions, anyway it still getting rising fees everyday because more and more people joining the bitcoin network and more and more new transactions are  taking place we need more miners or else the fees are going to reach the bank like situations

[carlfebz2]

while choosing  a payment processor by comparing the transaction fees  yes bitcoin is the best alternate till now for the lowest transactions, anyway it still getting rising fees everyday because more and more people joining the bitcoin network and more and more new transactions are  taking place we need more miners or else the fees are going to reach the bank like situations

Im thinking the same thing too specially on fees on each transaction on bitcoin transfer because if there are lots of users miner fee will eventually go up too for your transaction to be put up on priority and as you said it will come to the point that it will reach out same on bank fees.I hope there would be a solution on this.

[Store]

For me Bitcoin is better than banks for more than a year. In my city i can buy everything with Bitcoin.

[bncbnc]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

Sending bitcoins is very fast and with just one click of the finger you have already send an amount to any parts of the world on which banks cannot do. Aside from that you will enjoy the interest rates of your bitcoin from the price inflation in the market while the banks doesnt give you sufficient interest rates. Bitcoin gives you 10$ to 50% or more yearly while banks has only 1 to 2 % in their time deposit.

although now its also become easy to send money using banks. but i think they have more formalities and you must have have to go to banks for dong that but when you are using bitcoin then you can do that even from your house and do not need to go to anywhere.

[blackhawkeye1912]

Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

Bitcoin will always be better than any banks and any remittances, in terms of flexibility, the fees is very low and much more secured and safest way of sending money to your love ones in other countries.

[Vaskiy]

I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

Sending bitcoins is very fast and with just one click of the finger you have already send an amount to any parts of the world on which banks cannot do. Aside from that you will enjoy the interest rates of your bitcoin from the price inflation in the market while the banks doesnt give you sufficient interest rates. Bitcoin gives you 10$ to 50% or more yearly while banks has only 1 to 2 % in their time deposit.

although now its also become easy to send money using banks. but i think they have more formalities and you must have have to go to banks for dong that but when you are using bitcoin then you can do that even from your house and do not need to go to anywhere.

In reality bitcoin makes people lazy. Banks too have the access from anywhere availability same as bitcoin. Only for the deposit needs we need banks, other than that we can just sit in front of system and can make the necessary transactions with ease. Each at some point will be prioritized.

[machinek20]

Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

Bitcoin sure is suitable for a global payment, just unfortnately bitcoin is still not really famous, so if the migrants sent using bitcoin, the family still need to convert to fiat, but in the future when everything can be bought using bitcoin then bitcoin will become perfect solution for sending money globally

[qiwoman2]

Even with the higher fees we now have to pay for bitcoin to go through in a timely manner it is still much cheaper to send Bitcoin than it is to use traditional remittance methods like Western Union, that's for sure.