ritsel02
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December 02, 2017, 03:30:42 PM |
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For me both bitcoin and banks provides better experience because I am using it both. Through banks I was able to get my salary from my work and has also given me enough opportunity to invest bigger amount of money.On the other hand investing and holding bitcoin gives me better experience as well for my earnings grow faster on it rather than saving it all in the banks.
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Siopao
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December 02, 2017, 03:57:03 PM |
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I use both bank and bitcoin, for me it's better to have both but for different purpose. I use bitcoin for investment, coz I believe that my money can grow even higher when I invest it in btc. While I use bank for savings, also when I have btc earnings I convert 50% of it and use my bank account for that transaction.
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daweiwuli
Member
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Activity: 150
Merit: 10
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December 02, 2017, 04:01:40 PM |
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Bitcoin. Because bitcoin is convenient. Bitcoin can be traded anywhere. I can convert bitcoin to money soon. Bitcoins have low fees. Investing in bitcoin increases my income. I like bitcoin very much, and I'm optimistic about the future of bitcoin.
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Fappanu
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December 02, 2017, 04:04:17 PM |
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For me, I think the banks sucks because they tend to control everything, period! The bitcoin is fast, secure, decentralized, gives total control and freedom to the people. Perhaps, you had better experience with traditional banking system way better than bitcoins. Share with us what you think? thanks My vote is for bitcoin I do not need to go directly to the bank to pass the requirements and fill up the application form. I do not need to disclose information about myself. Plus if you put your money on bitcoin it will grow relatively. Unlike banks the highest interest per year would be 3% which is really low compared to bitcoin.
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BlasterS
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December 03, 2017, 07:12:43 AM |
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Because bitcoin provides security in my investment, free from hackers and scammers they gives me assurance that my money is in a goof hand. Aside from that bitcoin gives me a huge amount of return on investment in just short period of time; which the bank cannot afford to provide.
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Rashid555
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December 03, 2017, 07:43:19 AM |
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yes i am in the favour of bitcoin because it is not a panic from the beginning because through banks a lot of documentation and the waste of time are also there instead of this bitcoin give you freedom and this is decentralised currency ever which can be used for many transaction with out any problem and it can be transferd everywhere with out any problem. the bitcoin has a good future and people are leaving banks to join this currency for future.
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di.ako.toh
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December 03, 2017, 08:45:59 AM |
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I do trust bitcoin, same with banks. Banks and bitcoins have their different roles and affects in our society, they are beneficial in our lives in different ways. We earned in banks through interest while in bitcoins, through investments hold in wallets. Putting our trust to each of them depends on us how we handle it and safekeeps in our own way.
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vergel24official
Member
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Activity: 154
Merit: 16
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December 03, 2017, 09:37:48 AM |
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Trust of being earning much more rather than investing a money in the bank.
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malika
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Activity: 73
Merit: 10
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December 03, 2017, 09:53:53 AM |
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I trust bitcoin over banks is simply because the profitability in bitcoin is very high and a lot of investors already gained lots of profit in investing in bitcoin. While in bank our money will just sleep there and will not earn as much as we earn in investing bitcoin and other crypto currencies.
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Yarsk
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December 03, 2017, 09:58:28 AM |
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Even in my next life I will still choose bitcoin over bank this is because bitcoin allows and give me the opportunity to control my transactions without any interference of a third party. This is not so with bank which subject they customers to the will of a third party, bitcoin is decentralized that is to say bitcoin transactions is not under the control of any central bank or government.
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paolo099
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December 03, 2017, 10:07:14 AM |
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in every day life you need to have a bank account, to deposit your salary, for your debit/credit card and so on. There is no way you can replace right now a bank for the daily expenses, investment offered if the banks are not a real money making investment unless you have loads of money while BTC a different form of investment managed by yourself, with tons of risks too but you have a bigger change to gain profit.
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pathapoddo
Full Member
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Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
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December 03, 2017, 10:26:42 AM |
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Bitcoin is a decentralized process other side banks are a centralized institution. So, bitcoin is available everywhere. Butcoin's traditional fee are little than banks.Bitcoin gives us opportunity to control our transaction without any third party's interference. Banks have debit/credit cards, if it become lose, we at a time can't control or ban this cards. Other side bitcoin is always in our wallet, there is a password to use the bitcoin or wallet so no one can use our bitcoin. So it is secure. So I trust bitcoin more than banks.Thank you
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michellee
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December 03, 2017, 10:33:07 AM |
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I trust bitcoin over banks is simply because the profitability in bitcoin is very high and a lot of investors already gained lots of profit in investing in bitcoin. While in bank our money will just sleep there and will not earn as much as we earn in investing bitcoin and other crypto currencies.
I also trust bitcoin because from bitcoin, I can make a profit. although the profit is not bigger, I am happy to earn bitcoin. so far, besides earning more bitcoin, I can also earn from another coin so if I exchange my bitcoin, I can take big money. I don't have good experience with the banks because, in every month, I think I need to pay the monthly fee and if I compare the fee and the profit from the banks, it still bigger the fee so I think my money is reduced slowly.
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DoublerHunter
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December 03, 2017, 10:47:31 AM |
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I love and trust bitcoin because i know that i can make more money in bitcoin rather than spending my money in the banks because the banks only have a very small rate of interest which is not a good idea to put your money for long term because if you will put your money in bitcoin instead then after a few months you are already earned a lot of money.
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jaylhynne018
Member
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Activity: 196
Merit: 10
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December 03, 2017, 11:05:13 AM |
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For me, I think the banks sucks because they tend to control everything, period! The bitcoin is fast, secure, decentralized, gives total control and freedom to the people. Perhaps, you had better experience with traditional banking system way better than bitcoins. Share with us what you think? thanks for me is bitcoin because bitcoin is no longer process to have it not like banking because some bank is corrupt and big charges compare to bitcoin thats why i almost like bitcoin than banking!
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markleal
Member
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Activity: 450
Merit: 13
HODL
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December 03, 2017, 11:22:06 AM |
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For me, I think the banks sucks because they tend to control everything, period! The bitcoin is fast, secure, decentralized, gives total control and freedom to the people. Perhaps, you had better experience with traditional banking system way better than bitcoins. Share with us what you think? thanks Hi there cybersofts! First of all I’m not anti-bank nor anti-bitcoin but weighing both advantages and disadvantages lead me to a comparison of a motorcycle and a car. There ratio of people that are killed in motorcycle is higher than in car this is due to safety features. That is the same as the cryptocurrency, many people enjoy the lightning fast of transaction speed but sometimes the bank could process more quickly. Some even say that bank can provide you an easy cash because their ATM is every but bitcoins is always in your hand through your mobile phone but there are more company that accept cash rather than bitcoin as of the moment. But a bank could make your money increase around 3% per month where bitcoin can make it 25% at an average.
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bitcoinveda
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Activity: 378
Merit: 10
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December 03, 2017, 11:32:00 AM |
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more than 5 million dollars processed in bitcoin through blockchain with no intermediary bank in between so it proves we don't banks we need decentralised blockchain
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dancingnancy
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December 03, 2017, 12:14:42 PM |
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For me, I think the banks sucks because they tend to control everything, period! The bitcoin is fast, secure, decentralized, gives total control and freedom to the people. Perhaps, you had better experience with traditional banking system way better than bitcoins. Share with us what you think? thanks Banks have been there for a very long period of time and people will still continue to deal with them. I personally prefer bitcoin as it's interst rate is much better than any bank and the profit factor from it is much better than cash in general. I use banks mainly for savings and credit card expenditure.
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cybersofts (OP)
Copper Member
Sr. Member
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Activity: 658
Merit: 284
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December 03, 2017, 12:27:29 PM |
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For me, the banks sucks because they tend to control everything, period! The bitcoin is fast, secure, decentralized, gives total control and freedom to the people. Perhaps, you had better experience with traditional banking system way better than bitcoins. Share with us what you think? thanks Yeah banks control everything on your money and have tax when you earn. Bitcoin is decentralized, secure and we have control on it. You can earn bitcoin without less tax. In bitcoin you can send and receive anywhere and anytime in the world. Regardless of the fact that the fees are lower, It's decentralized and faster? I really don't like how the banking system works, how they enslave people and put them in debt, how they create money literally out of thin air and make inflation, the ability to close your account simply by changing 1/0's in their database and not to mention that they finance wars since hundreds of years now. Banks are fraud no doubt, they are suppose to be extinct many years ago i don't know why there are still operating up to now. Perhaps, the masses still don't understand what the true meaning of word freedom means. Whenever you put your money into bank you have no privacy, no security to stop bank from touching your money, and freedom at all to use your money the way you want or even send money anywhere. In fact, even if you can send money to another country the guy receiving will not receive on time, plus huge international transfer charges by bank... what a SCAM???
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Naoko
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December 07, 2017, 06:39:27 PM |
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indeed, bitcoin reveals more and more merits, so it is loved more and more)
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