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. 
Topic: Bank experience makes me love Bitcoin more (Read 2626 times)
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
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.
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?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.
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.
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.
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.
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
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.
At least with Bitcoin the money won't disappear by itself, if you don't do anything wrong.
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
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.
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.
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
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 personally haven't had any bad experiences with my bank but I love Bitcoin anyway.
Bitcoin is for everyone that likes to take things in their own hands such as being boss over your own money, which is only possible with fiat if you store your money in physical form somewhere at home.
But that is far from safe, so everyone is forced to "trust" banks with their money.
With Bitcoin I am able to store money outside the current banking system where even governments can't do anything about.
Bitcoin is for everyone that likes to take things in their own hands such as being boss over your own money, which is only possible with fiat if you store your money in physical form somewhere at home.
But that is far from safe, so everyone is forced to "trust" banks with their money.
With Bitcoin I am able to store money outside the current banking system where even governments can't do anything about.
Banks are legal thieves.
Sure they don't put a gun to your head and make you do things but they overcharge people for stupid simple shits. And that's how they make their fortune.
Thanks to bitcoin, it coming to an end.
Sure they don't put a gun to your head and make you do things but they overcharge people for stupid simple shits. And that's how they make their fortune.
Thanks to bitcoin, it coming to an end.
Instead of making things easier the banks are clamping down harder with fees and requirements.
Quite often I go into the bank and they act dismayed that I need a large amount of funds and they need warning that I am doing this. They should be set up so that every one cashing out their accounts can do so,but they always have such a small amount on hand.
Have been asked questions that I found off base like they have a right to know what I am doing with my money.
Can not wait to see banks fade to black as they do nothing for the little people. Reason we have so many cheque cashing and loan stores that screw people over even more,banks suck!
Quite often I go into the bank and they act dismayed that I need a large amount of funds and they need warning that I am doing this. They should be set up so that every one cashing out their accounts can do so,but they always have such a small amount on hand.
Have been asked questions that I found off base like they have a right to know what I am doing with my money.
Can not wait to see banks fade to black as they do nothing for the little people. Reason we have so many cheque cashing and loan stores that screw people over even more,banks suck!
Your experience is too inconvenient even for normal banks, In most of the world even most third-world countries between banks transactions take as less as few hours at max, this is just too hypocritical IMO.
This is much better of course. I really wish that bitcoin will conquer the world. Banks and its system are really old. Everything has to put on approval manually. Banking hours, even if this is actually your own money. They might begin to ask you for some identification like as if your taking others money, so frustrating..
Yes the banking hours is a problem to me, as I am online businessman so I have to pay my for my transactions on different times of the day, and for that bitcoin is best choice as banks are available for limited time. 
When I have to withdraw my money to my bank for some payment where bitcoin is not used then it takes 20 days by the bank to keep my money on hold for me. So, I wish that bitcoin become establish in my country so that I do not need to convert to fiat.
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.
nice story,inspired for telling this story to some of my friend,so they can consider use banks account and choose bitcoins for nw payment. yes we all know this is the benefit using bitcoin,it not need 48 hours (normally just 10 minutes) to pay something,and bitcoin have no vacation days just like banks,we can make transaaction everytime and everywhere as long we have internet connection. 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.
I'm also on this team! everytime i realise i wont get my payment becuse its a weekend, makes me remember why i hate banks and their stupid rules.
Yeah and believe me the people who are using bitcoins will never enter the door steps of the banks as we have a feeling that we are being cheated by the banks in terms of their high fees and some worst procedures.
At times such delay happens, as they are under a centralized system they were supposed to go through lot of procedures. This is what making the delay with increased transaction fee.
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