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Topic: Bank or Bitcoin Wallet? - page 133. (Read 230520 times)

hero member
Activity: 2646
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DGbet.fun - Crypto Sportsbook
March 16, 2016, 05:53:10 AM
Both has its own security features. Only on necessity we need to choose. Now banks are needed same as bitcoin wallet. So having both keeps you comfortable.
newbie
Activity: 26
Merit: 0
March 16, 2016, 05:11:32 AM
Wallet is better IMO, you become your own bank and not just a user like in regular banks. I think it would be great if there is profit added automatically though, That would be probably the only thing I like about banks! Cheesy
member
Activity: 84
Merit: 10
March 16, 2016, 04:32:53 AM
I prefer bitcoin wallets over bank as its easy to use and no legal chik chik Tongue
newbie
Activity: 21
Merit: 0
March 16, 2016, 04:20:52 AM
if you want to stay decentralized go for bitcoin wallet, you have total control of your funds whit the private key, in this moment i think that fiat it's necessary to sustain bitcoin, wee need banks to transfer money tofrom exchanges
full member
Activity: 364
Merit: 127
March 16, 2016, 03:42:48 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank.
Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure.

Well its difficult to say the banks are also strong, I must say the bitcoin is already a step further than banks because its fully digital.
But its also the fact you have to keep in mind the bitcoin is still not stable and banks can have influence for sure, no doubts about that.

Overall I think the bitcoin can win but it will be a long journey!
The banks will disappear later in the future I think, because of Bitcoin. Because Bitcoin and the online wallets are now more used and that is very good for Bitcoin.
The normal banks are now reducing. And of course many people need their banks, so they cant disappear now.


Banks wont disappear they will just upgrade their system and adapt bitcoin system and put it in their system.
Banks will evolve to with the competition of bitcoin that is taking a way profit from them.
sr. member
Activity: 364
Merit: 250
March 16, 2016, 03:35:00 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank.
Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure.

Well its difficult to say the banks are also strong, I must say the bitcoin is already a step further than banks because its fully digital.
But its also the fact you have to keep in mind the bitcoin is still not stable and banks can have influence for sure, no doubts about that.

Overall I think the bitcoin can win but it will be a long journey!
The banks will disappear later in the future I think, because of Bitcoin. Because Bitcoin and the online wallets are now more used and that is very good for Bitcoin.
The normal banks are now reducing. And of course many people need their banks, so they cant disappear now.
hero member
Activity: 700
Merit: 501
March 15, 2016, 10:24:07 PM
Recently i have moved my saved money mostly to bitcoin, i have put 70% on bitcoin and 30% on my local bank for any emergency use, so currently i like more the bitcoin wallet, hope to get a bitcoin debit card soon which would be better.
bitcoin is better then banks because we can control fully our money. we don't need any ban's help to save our money and invest them. everyone is his own bank in bitcoin wallets. and now with debit card , using bitcoin is more reliable and easy.


but we need pysichal currency for daily usage, we can't use bitcoin every where, in some village you can't acces internet conection, you can't acces your bitcoin and bank account, so the best option is use fiat. use pysichal wallet.
legendary
Activity: 1540
Merit: 1003
March 15, 2016, 09:31:34 PM
Recently i have moved my saved money mostly to bitcoin, i have put 70% on bitcoin and 30% on my local bank for any emergency use, so currently i like more the bitcoin wallet, hope to get a bitcoin debit card soon which would be better.
bitcoin is better then banks because we can control fully our money. we don't need any ban's help to save our money and invest them. everyone is his own bank in bitcoin wallets. and now with debit card , using bitcoin is more reliable and easy.
legendary
Activity: 1526
Merit: 1001
March 15, 2016, 03:38:30 PM
Recently i have moved my saved money mostly to bitcoin, i have put 70% on bitcoin and 30% on my local bank for any emergency use, so currently i like more the bitcoin wallet, hope to get a bitcoin debit card soon which would be better.
full member
Activity: 126
Merit: 100
March 15, 2016, 11:49:58 AM
Bitcoin wallet is much better in my opinion than a bank since it's more supporting on de-centralization , a bank is unnecessary right now on bitcoin, If a site offers interest in a serious way it would be very interesting though.
hero member
Activity: 532
Merit: 500
March 15, 2016, 11:02:43 AM
bitcoin wallet for sure, when using a bitcoin wallet you actually become your own bank and can initiate your transactions personally and easily, Strongly think it is better than a typical bank even if the bank is running with bitcoin.
there are advantages and disadvantages if you choose to become a bank for yourself. Of course all of the responsibility rests on you. when you have lost passwords or identifer or priv key. no one can help you. no customer support that will help you. of course it will make you trouble, right?
legendary
Activity: 2912
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March 15, 2016, 06:13:02 AM
This are two completely different things and I don't think that BTC wallet can't replace bank account. And with efforts to establish Bitcon banks show that people obviously still need some kind of institution that probably gives them some feeling of security and order. No matter how funny this sounds.
hero member
Activity: 518
Merit: 500
March 15, 2016, 06:08:56 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank.
Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure.
You seem very confident with it. I also hope it will happen. but what about the government? certainly their laws can beat bitcoin right ?
hero member
Activity: 994
Merit: 500
March 15, 2016, 05:58:35 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank.
Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure.

Well its difficult to say the banks are also strong, I must say the bitcoin is already a step further than banks because its fully digital.
But its also the fact you have to keep in mind the bitcoin is still not stable and banks can have influence for sure, no doubts about that.

Overall I think the bitcoin can win but it will be a long journey!
full member
Activity: 368
Merit: 104
March 15, 2016, 05:54:57 AM
bitcoin wallet for sure, when using a bitcoin wallet you actually become your own bank and can initiate your transactions personally and easily, Strongly think it is better than a typical bank even if the bank is running with bitcoin.
sr. member
Activity: 364
Merit: 250
March 15, 2016, 03:25:50 AM
Both is of course very good to use. But people that use Bitcoin use only the wallets and that is pretty logic.
You can also see that more people are using Bitcoin and that the normal banks reduce.
hero member
Activity: 826
Merit: 1000
March 15, 2016, 02:20:36 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank.
Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure.
hero member
Activity: 756
Merit: 502
March 14, 2016, 09:30:50 PM
a bank as a central authority or something that interferes with bitcoin main concepts like decentralization? I don't think that will work... Also a bank does not work with something that is not linked to ID's like bitcoin so it won't work on both ways IMO.

yeahh, you are right, in australia, bank banned bitcoin company, in future i think bitcoin and other cryptocurrency can't be survive if bank not support bitcoin.
hero member
Activity: 1120
Merit: 507
March 14, 2016, 01:29:01 PM
a bank as a central authority or something that interferes with bitcoin main concepts like decentralization? I don't think that will work... Also a bank does not work with something that is not linked to ID's like bitcoin so it won't work on both ways IMO.
hero member
Activity: 518
Merit: 500
March 12, 2016, 09:42:19 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
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