Bank or Bitcoin Wallet? - page 114. | Bitcointalksearch.org

so98nn

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Quote from: addy boy on October 04, 2015, 12:05:29 PM

what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

Personally I use both, bank and btc wallet.

But actually bank is the only system that I can use "everywhere" Sad

Ryananda

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Quote from: BitcoinHodler on May 14, 2016, 11:22:38 AM

Quote from: gerXhonza on May 14, 2016, 10:08:00 AM

I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

yeah, i will also choose both of them because both are needed.

although that would have been so good if there was a chance to have a bank and still use bitcoin like investing bitcoin as a deposit in bank for profit.

Yes true both are needed. We need to accommodate bitcoin bitcoin wallet that we collect, and we need banks to make bitcoin we collect into money and can be used. We still need both.

Cybertron00

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It depends on what is your purpose using it.If you are using it for savings i prefer using bank because it is more secured than bitcoin wallet because bitcoin wallets is exposed and can be hacked.Bank is more secure for savings.But if you want your money to grow,i prefer using bitcoin because of different investment program out there.

agamasrori

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I choose bitcoin wallet becouse I was read some article's in the internet that's said it was faster and easier

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: gerXhonza on May 14, 2016, 10:08:00 AM

I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

yeah, i will also choose both of them because both are needed.

although that would have been so good if there was a chance to have a bank and still use bitcoin like investing bitcoin as a deposit in bank for profit.

gerXhonza

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I will choose both as I need both of them, as if I need loan then only bank can help me getting loan from bitcoin is not convenient for me, I will use both of them according to my needs.

Yanidas

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The swarm is headed towards us.

If the conventional banks adopts the bitcoin and pay me interest, then I will use them. I will also borrow from them.

knowhow

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Quote from: Supercrypt on May 08, 2016, 10:47:18 AM

Quote from: dragonusa9 on May 08, 2016, 07:25:52 AM

Quote from: saiha on May 07, 2016, 05:59:30 AM

If your bicoin wallet was hack you can't complain to blockchain or any wallet site. Of course, don't expect a feed back from them.
Unlike in bank, if you got a problem from your bank account you can always ask their customer service.

but i dont think that bitcoin wallet can be hacked easily, that blockchain have sign message and any other wallet have their own security too
and i think that Xapo can help you recover the thing if your wallet hacked and you use the Xapo wallet of course

Yeah. Your money is definitely secured in banks however, your identity is more likely to be safer in bitcoin wallets than with banks because they take your information (for the banks' own safety aswell) while with bitcoins wallet, you can simply sign up with whatever little detail you may provide.

I dont trust banks that way i thinked all money were safe till i listen and confirmed some government had frozen savings accounts and take a part of them out,them i see Greece accounts frozen and limited on the withdraws soo banks is where the people put their money,but isnt safe at all.With bitcoin governement wont have acess to it as they dont know who holds the coins just an adress,but they cant frozen your coins ,anyway i trust in both as im forced to use bank and i earn bitcoin but if i hade to choose for sure bitcoin.

JumperX

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Quote from: Hellacopter on May 08, 2016, 01:41:31 PM

Personally i use both because actually i need banking services in addition with Bitcoin, so i use banks but always i prefer using Bitcoin if it's available for payment or making deals and trades

Using both is the best thing to do as both holds their own advantages and it depends on an individual with whom he is more comfortable.

Hellacopter

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Personally i use both because actually i need banking services in addition with Bitcoin, so i use banks but always i prefer using Bitcoin if it's available for payment or making deals and trades

umaOuma

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I will choose both at a moment,as I need both and both are useful for me in different ways I will prefer to use bitcoin for money transfers and bank for saving some part of my salary in the form of fixed deposits.

saladin7000

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tbh I will choose bank to save my money for large sum I feel more safe if I keep money in there

BitHodler

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Quote from: Supercrypt on May 08, 2016, 10:47:18 AM

Quote from: dragonusa9 on May 08, 2016, 07:25:52 AM

Quote from: saiha on May 07, 2016, 05:59:30 AM

If your bicoin wallet was hack you can't complain to blockchain or any wallet site. Of course, don't expect a feed back from them.
Unlike in bank, if you got a problem from your bank account you can always ask their customer service.

but i dont think that bitcoin wallet can be hacked easily, that blockchain have sign message and any other wallet have their own security too
and i think that Xapo can help you recover the thing if your wallet hacked and you use the Xapo wallet of course

Yeah. Your money is definitely secured in banks however, your identity is more likely to be safer in bitcoin wallets than with banks because they take your information (for the banks' own safety aswell) while with bitcoins wallet, you can simply sign up with whatever little detail you may provide.

The good thing about Bitcoin is that there is no information about you connected to your wallet addresses which the governments can use against you.

It's pure freedom as there is no information about you needed to create new wallet addresses.

Click generate new address and you're good to go.

Supercrypt

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Quote from: dragonusa9 on May 08, 2016, 07:25:52 AM

Quote from: saiha on May 07, 2016, 05:59:30 AM

If your bicoin wallet was hack you can't complain to blockchain or any wallet site. Of course, don't expect a feed back from them.
Unlike in bank, if you got a problem from your bank account you can always ask their customer service.

but i dont think that bitcoin wallet can be hacked easily, that blockchain have sign message and any other wallet have their own security too
and i think that Xapo can help you recover the thing if your wallet hacked and you use the Xapo wallet of course

Yeah. Your money is definitely secured in banks however, your identity is more likely to be safer in bitcoin wallets than with banks because they take your information (for the banks' own safety aswell) while with bitcoins wallet, you can simply sign up with whatever little detail you may provide.

DOGE12321

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Quote from: addy boy on October 04, 2015, 12:05:29 PM

what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

I would choose to have a bitcoin wallet and hold BTC in it as much as I dare as the prices are a little volatile for comfort. Sad

sempak

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I choose a bank for safety. bank guaranteed by the government and financial institutions. bitcoin wallet while still getting the attention of the government. if anything happens to it then the bank is a very safe choice.

dragonusa9

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Quote from: saiha on May 07, 2016, 05:59:30 AM

If your bicoin wallet was hack you can't complain to blockchain or any wallet site. Of course, don't expect a feed back from them.
Unlike in bank, if you got a problem from your bank account you can always ask their customer service.

but i dont think that bitcoin wallet can be hacked easily, that blockchain have sign message and any other wallet have their own security too
and i think that Xapo can help you recover the thing if your wallet hacked and you use the Xapo wallet of course

arwin100

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Jack of all trades 💯

Quote from: dhimasnk on May 07, 2016, 06:06:29 AM

in terms of security is the best banks. but in terms of confidentiality, bitcoin is the best

In banks you can asure your money is on safe hands and it cannot stole easily for those people who want to twke it and also it is being used by most of all people while in bitcoin is less fee for each transaction you want to do and also your identity is very safe because of its anonimosity,

dhimasnk

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in terms of security is the best banks. but in terms of confidentiality, bitcoin is the best

saiha

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Strength in Numbers

If your bicoin wallet was hack you can't complain to blockchain or any wallet site. Of course, don't expect a feed back from them.
Unlike in bank, if you got a problem from your bank account you can always ask their customer service.

Topic: Bank or Bitcoin Wallet? - page 114. (Read 230520 times)