Bank or Bitcoin Wallet? - page 153. | Bitcointalksearch.org

CryingMidget

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Quote from: ricardobs on January 31, 2016, 03:14:52 PM

Quote from: Thekool1s on January 31, 2016, 11:18:19 AM

Bitcoin wallet any day, Bitcoin isn't a scam, is interest free. Can't be stolen robbed.. The list goes on, what i fail to understand is why don't we act when we are offered a change! We all want change but do nothing about it.

It's not about bitcoins being a scam but if they are termed as illegal, all the bitcoin wallet websites can be shut down with immediate notice. This wouldn't be the first time that it would happen but with regards to banks, there is more security that our money would be safe.

For that You can keep your money in your home itself right! Because bank is also charging fees and other things and all.
I don't how you are define bitcoin is not a safety one. According to Its safe way only according to me.

kevin go

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Quote from: sahliano on January 31, 2016, 05:28:12 PM

i better keep my bitcoin safe in my bitcoin wallet notin a bank where it controlls my money

yeah be our own bank by using btc..better take control of our money than bank do..
feel free to do anything..if bank, we got so many rules in withdraw and sending money so feel likes not free
btc wallet also anonymous so they dont know out identity..but bank must full identity..
even a child also can have a btc wallet and earn money in btc..but bank..im not sure..

sahliano

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i better keep my bitcoin safe in my bitcoin wallet notin a bank where it controlls my money

Yakamoto

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Quote from: rekinthis on January 31, 2016, 03:55:57 PM

banks are the main method that people use right now but i think i would choose bitcoin wallet

Well banks are used because most of the don't have access, or care about, any other monetary system. They all utilize fiat, and the primary storage system for fiat money is banks. They won't be using a Bitcoin wallet if they have no Bitcoin, in the same way we won't use a bank to store our Bitcoin because we have Bitcoin wallets.

EDIT: Quote format screwed up

rekinthis

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banks are the main method that people use right now but i think i would choose bitcoin wallet

naidray

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I prefer to have a bitcoin wallet as I control the coins stored in my wallet. With offline wallets, my coins are more secure and I don't have my offline wallet stored on my primary computer to protect it from getting hacked. Banks are more strict and their taxes are too much for me as I fall in the income tax category.

Supercrypt

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Quote from: SirLancelot on January 31, 2016, 03:37:24 PM

Quote from: avw1982 on January 31, 2016, 11:10:53 AM

Quote from: RealBitcoin on January 31, 2016, 10:28:12 AM

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.

Banks are completely worst one according to me. they were equals to scammers in bitcoin transactions.
Only thing they give a good interest But they deduct everything from your in future. Btc transaction will consume very less fee when compare with bank's fees consumption.

Why banks are scammers? I know about some banks who freeze any accounts dealing with bitcoins but that is because they are strict and bitcoins are not legal. Only for paying no taxes and because of less bitcoin fee, bitcoins don't become as secure as banks.

It depends on what kind of transactions one wants to make and how. For me, I use both as I need fiat cash sometimes to pay for my daily needs while bitcoins are mainly used for online transactions. If I need to pay someone via WU, I prefer sending bitcoins to their wallet rather than fiat as it's more expensive.

SirLancelot

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Quote from: avw1982 on January 31, 2016, 11:10:53 AM

Quote from: RealBitcoin on January 31, 2016, 10:28:12 AM

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.

Banks are completely worst one according to me. they were equals to scammers in bitcoin transactions.
Only thing they give a good interest But they deduct everything from your in future. Btc transaction will consume very less fee when compare with bank's fees consumption.

Why banks are scammers? I know about some banks who freeze any accounts dealing with bitcoins but that is because they are strict and bitcoins are not legal. Only for paying no taxes and because of less bitcoin fee, bitcoins don't become as secure as banks.

ricardobs

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Quote from: Thekool1s on January 31, 2016, 11:18:19 AM

Bitcoin wallet any day, Bitcoin isn't a scam, is interest free. Can't be stolen robbed.. The list goes on, what i fail to understand is why don't we act when we are offered a change! We all want change but do nothing about it.

It's not about bitcoins being a scam but if they are termed as illegal, all the bitcoin wallet websites can be shut down with immediate notice. This wouldn't be the first time that it would happen but with regards to banks, there is more security that our money would be safe.

tbterryboy

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Quote from: MrGodMan on January 31, 2016, 02:36:34 PM

Quote from: stepwilli on January 31, 2016, 02:10:23 PM

Quote from: zeaderza on January 31, 2016, 02:01:33 PM

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.

Yes,
No freezing of funds
No maintenance fee
No penalty for non maintaining of minimum balance
Unlimited transactions
Unlimited send/receive limit

Wow.... this list must be bigger beyond my knowledge on bitcoin. I believe someone will continue it....

Really its a great work of Satoshi, where we get lots of facilities in one umbrella, and there is no need of bank. We can save our bitcoin in our digital wallet from there we can sell or buy through local bitcoins market in a very low transaction fees.

Yes bitcoin system is a must needed solution in modern digital era. Innovating an alternate to traditional banking system must be a big achievement of this century. Bitcoin will replace banks. Luckily now itself I choose bitcoin wallet.

MrGodMan

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Quote from: stepwilli on January 31, 2016, 02:10:23 PM

Quote from: zeaderza on January 31, 2016, 02:01:33 PM

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.

Yes,
No freezing of funds
No maintenance fee
No penalty for non maintaining of minimum balance
Unlimited transactions
Unlimited send/receive limit

Wow.... this list must be bigger beyond my knowledge on bitcoin. I believe someone will continue it....

Really its a great work of Satoshi, where we get lots of facilities in one umbrella, and there is no need of bank. We can save our bitcoin in our digital wallet from there we can sell or buy through local bitcoins market in a very low transaction fees.

stepwilli

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Quote from: zeaderza on January 31, 2016, 02:01:33 PM

I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.

Yes,
No freezing of funds
No maintenance fee
No penalty for non maintaining of minimum balance
Unlimited transactions
Unlimited send/receive limit

Wow.... this list must be bigger beyond my knowledge on bitcoin. I believe someone will continue it....

zeaderza

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I like bitcoin wallet because nobody can block my money.
I can use my bitcoin to buy things and keep secure with secure backup.

Dux2K

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Both keep both you never know what will come it good to have them both

busybee7

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bank is too mainstream right now, i would choose bitcoin wallet instead of it as it provides better services

Kevin77

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Quote from: delliaerd on January 30, 2016, 11:37:58 PM

Quote from: Imoote on January 29, 2016, 07:47:58 AM

Bank or bitcoin wallet in my opinion the same, the same as is used to store.
But banks have interest so great than bitcoin wallet, I would choose bitcoin wallet. But the matter of security in my opinion safer bank.

Absolutely right, from aspect security bank more excellent then bitcoin wallet... but although that if you make transactions will be cheapest bitcoin then bank fee transactions.

Bank security is also not of a great help if the bank goes in losses. However, one can get their savings back if the Government does help. In case of bitcoins, it's only if the bitcoin value turns 0, the user loses his/her money else with the help of private keys, we can never loose access to our wallet.

Kevin77

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Quote from: OrangeII on January 31, 2016, 11:13:54 AM

for me, I prefer the wallet than the bank, the bank is quite troublesome to me, because I was someone with a personality that is happy to be in the house, so I prefer to use bitcoin wallet than using bank

Home delivery/Work from home are some advantages for the people of your kind. Bitcoin would be a better choice for you people. In many countries still women/girls are not allowed to go out of home freely. For them also, bitcoin would be a better choice over bank accounts.

Thekool1s

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Change is in your hands

Bitcoin wallet any day, Bitcoin isn't a scam, is interest free. Can't be stolen robbed.. The list goes on, what i fail to understand is why don't we act when we are offered a change! We all want change but do nothing about it.

OrangeII

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for me, I prefer the wallet than the bank, the bank is quite troublesome to me, because I was someone with a personality that is happy to be in the house, so I prefer to use bitcoin wallet than using bank

avw1982

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Quote from: RealBitcoin on January 31, 2016, 10:28:12 AM

I like banks, because bail-ins are so much fun. I work all my life for my savings, then one day the banks just decide to steal half of it.

It is literally paradise.

Banks are completely worst one according to me. they were equals to scammers in bitcoin transactions.
Only thing they give a good interest But they deduct everything from your in future. Btc transaction will consume very less fee when compare with bank's fees consumption.

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