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Topic: Bank or Bitcoin Wallet? - page 164. (Read 230501 times)

full member
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 09, 2016, 03:33:50 AM
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.


we can't choose because we need at this moment both.
yes if you are writing here you accept btc and in the same moment when go to other place like ebay,
you can't sell accept it and you need a paypal/bank account.
Then living without bank is hard, also impossible, for example in my country my job couldn't be payed in btc!

There are some "combination" that permit you to use btc without difficulties, but as far I have 3 cards in my wallet and not one.

I have to use both at moment. Bitcoin is accepted in too few places and I am paid with fiat. No choices.
hero member
Activity: 896
Merit: 521
January 08, 2016, 09:59:07 AM
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.


we can't choose because we need at this moment both.
yes if you are writing here you accept btc and in the same moment when go to other place like ebay,
you can't sell accept it and you need a paypal/bank account.
Then living without bank is hard, also impossible, for example in my country my job couldn't be payed in btc!

There are some "combination" that permit you to use btc without difficulties, but as far I have 3 cards in my wallet and not one.
hero member
Activity: 546
Merit: 500
January 08, 2016, 09:36:24 AM
If everyone use bitcoin I will for sure use Bitcoin wallet for sure, but I use fiat daily.
Example: like in the store they don't accept bitcoin. So for now I am just doing some cold wallet and just online shopping for bitcoin.
It really depends where you live and what is the rules for bitcoin in your country. I choose both.
Ya depends on the adoption of the mass. if a state legalizes bitcoin and various shops accept bitcoin. of course I would prefer to use bitcoin. but this situation is different


So true everyone in bitcointalk would like to just use bitcoin wallet, but for our personal life fiat is actually our money to use daily. Is nice to have bitcoin aside is not making a fake money, but is something that you can earn a lot with it.
sr. member
Activity: 476
Merit: 250
January 08, 2016, 09:33:14 AM
If everyone use bitcoin I will for sure use Bitcoin wallet for sure, but I use fiat daily.
Example: like in the store they don't accept bitcoin. So for now I am just doing some cold wallet and just online shopping for bitcoin.
It really depends where you live and what is the rules for bitcoin in your country. I choose both.
Ya depends on the adoption of the mass. if a state legalizes bitcoin and various shops accept bitcoin. of course I would prefer to use bitcoin. but this situation is different
hero member
Activity: 672
Merit: 500
January 08, 2016, 08:46:24 AM
bitcoin wallet, bank requires me to be at least "of age" level, while bitcoin doesn't have this restrictions. Grin
bitcoin is much more convenient to transact anywhere without worries, but for bank you will be able to get your fund back if you were scammed but your fund was sent via bank.

But nowadays we need both i think, the bank account and the bitcoin's wallet, because unluckily most part of the marketplaces online aren't using Bitcoin as payment processor till now, so we have to convert Bitcoin into fiat to make our deals there

Yes i think we need both but indeed i use Bitcoin more than fiat online, and there is some ewallets and marketplaces accepting Bitcoin as payment processor
hero member
Activity: 742
Merit: 500
January 08, 2016, 08:07:28 AM
bitcoin wallet, bank requires me to be at least "of age" level, while bitcoin doesn't have this restrictions. Grin
bitcoin is much more convenient to transact anywhere without worries, but for bank you will be able to get your fund back if you were scammed but your fund was sent via bank.

But nowadays we need both i think, the bank account and the bitcoin's wallet, because unluckily most part of the marketplaces online aren't using Bitcoin as payment processor till now, so we have to convert Bitcoin into fiat to make our deals there
member
Activity: 81
Merit: 10
January 08, 2016, 07:54:30 AM
Can I choose both? Because I use daily my bank and not bitcoin wallet.
I still preferred banks because most of my transactions are in bank and fiat system.
Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.
For now I'm going to need my bank as well I have no other options to pay bills with bitcoins yet

Guys, I don't know if you heard, but there's a service that works just as you want! Wink

It's called Cashila https://www.cashila.com/
Official thread here.

It works basically as your private online bank. You can fund your account either with a SEPA transfer or straight with bitcoins!
The funds are stored in EUR.

And the best part? You can receive funds from whomever you want – and send it to whomever you want (in bitcoins or euros).
Receiving a paycheck? No problem. Paying bills? No problemo. Sending a friend some bitcoin? Sure do!

No bank account or verification needed.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
January 08, 2016, 07:35:49 AM
bitcoin wallet, bank requires me to be at least "of age" level, while bitcoin doesn't have this restrictions. Grin
bitcoin is much more convenient to transact anywhere without worries, but for bank you will be able to get your fund back if you were scammed but your fund was sent via bank.
member
Activity: 81
Merit: 10
January 08, 2016, 07:31:46 AM
For now I'm going to need my bank as well I have no other options to pay bills with bitcoins yet
member
Activity: 114
Merit: 10
January 08, 2016, 06:35:05 AM
Can I choose both? Because I use daily my bank and not bitcoin wallet.
I use bitcoin wallet when I have enough bitcoin to purchase or sell it.
legendary
Activity: 2436
Merit: 1008
January 08, 2016, 06:32:46 AM
I still preferred banks because most of my transactions are in bank and fiat system.

Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.

What if something happens with the bank? What if it crashes?
You won't ever see that money back

It won't happen as my bank used are one of the stable banks here in our country. Forget those ancient thing about bank crashing and in general, why would you choose a bank that is not stable? That kind of thinking is really an ancient thinking. We are in year 2016 dude. Look like you are newbie in the world of banking system.
jr. member
Activity: 59
Merit: 10
January 08, 2016, 06:26:37 AM
I would have to pick bitcoin wallet. With my bitcoin wallet I'm depending on myself and myself only to keep it safe.
With a bank, I would need to be depending on the bank. With bitcoin wallet I can access my bitcoins whenever I want
sr. member
Activity: 406
Merit: 250
January 08, 2016, 06:20:59 AM
I still preferred banks because most of my transactions are in bank and fiat system.

Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.

What if something happens with the bank? What if it crashes?
You won't ever see that money back
legendary
Activity: 2436
Merit: 1008
January 08, 2016, 05:44:26 AM
I still preferred banks because most of my transactions are in bank and fiat system.

Bitcoin wallet are just my backup funds. In terms of transferring of course much better in bitcoin but all of my transactions can't cover by bitcoin. So for now, banks.
hero member
Activity: 546
Merit: 500
January 08, 2016, 05:32:44 AM
I love bitcoin, but I still worry if change all my money into bitcoin. I still believe bank
sr. member
Activity: 420
Merit: 250
January 08, 2016, 04:46:39 AM
I more prefer bitcoin wallet than bank, because we can take it automaticly since it's online thing. and it's simple to transfer and receive money. and also it's easy to make bitcoin wallet then make an account bank.
sr. member
Activity: 448
Merit: 250
January 08, 2016, 03:59:25 AM
I would have to pick for bitcoin wallet. I can move everything that I have in my wallet without too much hassle.
I'm the one who is responsible for keeping my bitcoins safe. There are a lot of options out there on how to do that.
If I keep my money in the back, it's up to them to keep it safe and you don't really know what's happening to your money when the bank closes.
full member
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 08, 2016, 03:54:28 AM
If you invest your money into a high quality cold wallet or hard drive to store your cold wallet, if definitely recommend a bitcoin wallet. The wallet is secure, and if you have a copy of your private key or a paper wallet somewhere, you can recover it if your hard drive fails.

Banks, sure they are safe, but they can close

When the banks accept the deposit of bitcoin, I will save (store) some bitcoins there to earn some interest if the banks are regulated and protect savers.
full member
Activity: 196
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 08, 2016, 03:28:01 AM
For sure I will like to choice for bitcoin wallet, but you need to see like this why bank don't really like bitcoin is because most of the employes don't know how to use it and they don't have experience. I know is easy, but what about the other people that don't use. Would bank earn more money than. They are a lot of question, but is better so how it is. I don't like storing my bitcoin in to a bank.
sr. member
Activity: 476
Merit: 250
January 08, 2016, 03:05:19 AM
If everyone use bitcoin I will for sure use Bitcoin wallet for sure, but I use fiat daily.
Example: like in the store they don't accept bitcoin. So for now I am just doing some cold wallet and just online shopping for bitcoin.
It really depends where you live and what is the rules for bitcoin in your country. I choose both.
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