Bank or Bitcoin Wallet? - page 147. | Bitcointalksearch.org

agustina2

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Quote from: srinikethan on February 19, 2016, 06:47:36 AM

i would choose btc wallet over bank...coz if our money is in bank we will be tempted to spend them all....but if its in wallet we always be thinking of earning more n more...and on the other hand our money will be safe in our wallet...so that is the best:D

Money in bank, to be able to get, you need to find some ATM machines or going directly to your bank. We can't be tempted to spend money here. In bitcoin all you need is an internet connection and smartphone and you are ready to go. Transactions is fast too. I think it's more tempting.

bitlancr

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Like them both. We need them both. But I hope later that the Bitcoin wallet will rise. And that it will be more used.
Ofcourse everyone need the normal banks. Some people dont even know what Bitcoin is so they use only normal banks.

mainpmf

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There is absolutely no point to a bitcoin bank. A bitcoin bank is a wallet that's all! Bank is the plague of the world and btc is the cure! ><

BeGoods

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Quote from: teilwalL05 on February 15, 2016, 09:17:59 AM

Quote from: pokeronlinestatus on February 15, 2016, 09:11:12 AM

If banks start accepting bitcoins and bitcoins go through it regularly, won't it be a centralized currency like any in the world? Cheesy

Anyway I doubt that will happen anytime soon, It's unlikely currently that a bank accept an anonymous currency.

I think that will not happen bank only accept transaction with bitcoin but you cannot save bitcoin currency using bank because they can not control bitcoin just like the government can't control bitcoin too,

correct.
the bank could add options bitcoin. to deposit or withdraw only this. they can not control the use of bitcoin. even anyone can not regulate bitcoin.
I agree if the bank can work with bitcoin, it will help to both

srinikethan

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i would choose btc wallet over bank...coz if our money is in bank we will be tempted to spend them all....but if its in wallet we always be thinking of earning more n more...and on the other hand our money will be safe in our wallet...so that is the best:D

sirdevil

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Well, for the time being, bank. It is far more secure IMO, as there are lots of problems with Bitcoin lately. If you hold an online wallet, all may disappear. If you hold them in your computer, it is not as hard that it is broken losing your bitcoins, etc. It all depends on you, not on a third party.

Struble

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fastdice.com The Worlds Fastest Bitcoin Dice

Quote from: diodio5 on February 19, 2016, 06:25:45 AM

Quote from: Hellacopter on February 15, 2016, 05:10:24 PM

I think nowadays we need both, simply because Bitcoin not yet supported as payment processor in many famous marketplaces online, so we need to use fiat there and then we need the banking accounts

yeah for now we should use both, we cannot just rely bitcoin as the only currency that we use, the reason is as you know, is still a bit of merchants that accept bitcoin, if one day. many who accept bitcoin, I would use a fully bitcoin

Indeed, but the bank is hating on the bitcoin, if they would work together it would be much better.
They only want the blockchain system, that's the only thing they want because they can control it.

fair_player

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I think Bitcoin without regulations make it unsafe when you compare with banking system. But 2008 - 2011 crises show us nowhere is safe. At this point I have seen more Bank failures then bitcoin. Money stored in Banks are not 100% yours to begin with. Citizens of Cyprus and Greece learned this truth the hard way.I don't want to be another victim of approaching economic crisis when my money will be grabbed to fix national economy or something. And crisis will come, sooner or later and hit harder than the last one in 2009. That is for sure.

diodio5

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Quote from: Hellacopter on February 15, 2016, 05:10:24 PM

I think nowadays we need both, simply because Bitcoin not yet supported as payment processor in many famous marketplaces online, so we need to use fiat there and then we need the banking accounts

yeah for now we should use both, we cannot just rely bitcoin as the only currency that we use, the reason is as you know, is still a bit of merchants that accept bitcoin, if one day. many who accept bitcoin, I would use a fully bitcoin

agustina2

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Quote from: 1Referee on February 19, 2016, 06:00:35 AM

Quote from: nanonymousx on February 17, 2016, 08:19:10 AM

Just as general opinion about bitcoin I think a bank is not very good fit, Bitcoin generally is about decentralization in a way and bank is centralization.

Bitcoin bank or a regular fiat bank, there is no real difference. In both cases your coins are held by a third party, which is exactly why a lot people here are against banks. That's why I will never make use of a so called Bitcoin bank. My coins are mine and no one will control them other than myself.

All people here want bitcoin to become the main currency, replace fiat and really a 100% centralized money.

You think government will allow that without bitcoin bank which control all firm globally? So better told those people here lurking in this thread, who like that to happen because they don't really know the shit that will happen if they want bitcoin to become the world main currency.

1Referee

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Quote from: nanonymousx on February 17, 2016, 08:19:10 AM

Just as general opinion about bitcoin I think a bank is not very good fit, Bitcoin generally is about decentralization in a way and bank is centralization.

Bitcoin bank or a regular fiat bank, there is no real difference. In both cases your coins are held by a third party, which is exactly why a lot people here are against banks. That's why I will never make use of a so called Bitcoin bank. My coins are mine and no one will control them other than myself.

Bitcoinbro

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Quote from: nanonymousx on February 17, 2016, 08:19:10 AM

Just as general opinion about bitcoin I think a bank is not very good fit, Bitcoin generally is about decentralization in a way and bank is centralization.

I like them both. But I use more Bitcoin wallet and it is easy to use. But many people need normal banks too.
I hope later that more people will use Bitcoin wallet. But they must first learn more about Bitcoin.

Ryananda

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Quote from: Hellacopter on February 16, 2016, 09:24:20 AM

Quote from: Imoote on February 16, 2016, 08:02:33 AM

Quote from: kpitti on February 16, 2016, 05:09:58 AM

I see no reason to have Bitcoin Bank. I like to have control on my Bitcoins and this can be done in Wallet I own Private Key on.
What can be advantage to have Bitcoin Bank?

But I still doubt the safety of bitcoin because there are many fraudsters in bitcoin because the first priority is security.
Perhaps if the enhanced security will be better again.

Bitcoin is safe method if you use the right wallet downloaded in your PC or phone and having the safest methods to secure it , and also being sure of the wallet address of the recipient before sending the bitcoins

Yes but it is still very difficult to choose a bitcoin wallet which proved to be a fraud.
If the question of security, of course I prefer bank.
But a matter of convenience I prefer bitcoin.

nanonymousx

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Just as general opinion about bitcoin I think a bank is not very good fit, Bitcoin generally is about decentralization in a way and bank is centralization.

Hellacopter

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Quote from: Imoote on February 16, 2016, 08:02:33 AM

Quote from: kpitti on February 16, 2016, 05:09:58 AM

I see no reason to have Bitcoin Bank. I like to have control on my Bitcoins and this can be done in Wallet I own Private Key on.
What can be advantage to have Bitcoin Bank?

But I still doubt the safety of bitcoin because there are many fraudsters in bitcoin because the first priority is security.
Perhaps if the enhanced security will be better again.

Bitcoin is safe method if you use the right wallet downloaded in your PC or phone and having the safest methods to secure it , and also being sure of the wallet address of the recipient before sending the bitcoins

Imoote

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Quote from: kpitti on February 16, 2016, 05:09:58 AM

I see no reason to have Bitcoin Bank. I like to have control on my Bitcoins and this can be done in Wallet I own Private Key on.
What can be advantage to have Bitcoin Bank?

But I still doubt the safety of bitcoin because there are many fraudsters in bitcoin because the first priority is security.
Perhaps if the enhanced security will be better again.

kpitti

legendary

Activity: 924

Merit: 1002

I see no reason to have Bitcoin Bank. I like to have control on my Bitcoins and this can be done in Wallet I own Private Key on.
What can be advantage to have Bitcoin Bank?

secone

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Quote from: teilwalL05 on February 16, 2016, 02:48:37 AM

Quote from: secone on February 16, 2016, 02:32:44 AM

in future we can life without Bank, if bitcoin ATM avaible in every place, or every store accept Bitcoin as main payment.. so we can buying bitcoin (deposit to ATM bitcoin ) & selling Bitcoin (withdraw bitcoin to fiat) every where Roll Eyes

and we can life full with bitcoin

I think that's not gonna happen life without bank can greatly affect economy of a country and not all people can attain bitcoin because not everybody can access internet all the time and bank has a great help in the society than you can ever imagine!

maybe you are right and maybe you are wrong..
chinese will release his officially cryptocoin , in future maybe each country have official cryptocoin and bitcoin like US dollar at this momenth, bitcoin is international cryptocurrency

(just_dream) Cheesy

sishendaoye

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The bitcoin wallet is much better, it has a lot of plus points if you compare it with an bank for sure.
At a wallet your are the one that is controlling your wallet, no one else is involved and its also much faster.

teilwalL05

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Quote from: secone on February 16, 2016, 02:32:44 AM

in future we can life without Bank, if bitcoin ATM avaible in every place, or every store accept Bitcoin as main payment.. so we can buying bitcoin (deposit to ATM bitcoin ) & selling Bitcoin (withdraw bitcoin to fiat) every where Roll Eyes

and we can life full with bitcoin

I think that's not gonna happen life without bank can greatly affect economy of a country and not all people can attain bitcoin because not everybody can access internet all the time and bank has a great help in the society than you can ever imagine!

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