Bank or Bitcoin Wallet? - page 176. | Bitcointalksearch.org

lixer

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Quote from: Ninjaskills on November 21, 2015, 11:39:56 PM

Quote from: Abiky on November 21, 2015, 02:02:10 PM

It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion.

there are advantages and disadvantages of both, the best is use both
I like the bank because there is interest Grin

But I love bitcoin because there are huge returns compared to any bank interest. But still bitcoin goes to mainstream I will be forced to use both bitcoin as well as bank account. But definitely bitcoin will give more retunrs than any bank interests in long term basis.

Ninjaskills

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Quote from: Abiky on November 21, 2015, 02:02:10 PM

It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion.

there are advantages and disadvantages of both, the best is use both
I like the bank because there is interest Grin

BeGoods

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Quote from: bearex on November 21, 2015, 05:23:14 AM

I like Bitcoin wallet, because it is like some sort of a wallet in real life. All yours.

yeah no governing our wallets, in contrast to banks

ajun96

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Quote from: aso118 on November 21, 2015, 04:47:03 AM

Quote from: faridkifly on November 21, 2015, 12:17:49 AM

i prefer Bitcoin Wallet.
because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank

Online banking is accessible and simple too. You don't even have to visit the branch.

yeah use internet banking, i think similiar to bitcoin wallet, easy transaction just login and send your money

USB-S

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Quote from: Abiky on November 21, 2015, 02:02:10 PM

It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion.

Actually you'll lose money with a savings account. Inflation eats that shit raw.
Since bitcoins are not that widely accepted yet I'm forced to use a bank account, I don't like banks at all to be honest. Last time I visited a bank I wasn't really pleased with the service since all the costumer service personnel were like robots. You can't really ask genuine questions.

Abiky

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It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion.

bearex

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I like Bitcoin wallet, because it is like some sort of a wallet in real life. All yours.

aso118

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Quote from: faridkifly on November 21, 2015, 12:17:49 AM

i prefer Bitcoin Wallet.
because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank

Online banking is accessible and simple too. You don't even have to visit the branch.

faridkifly

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i prefer Bitcoin Wallet.
because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank

BeGoods

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I choose bitcoin wallet
like in tag line "Be your own bank" but I quite difficult to shopoing with bitcoin

ajun96

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Quote from: elyas772 on November 19, 2015, 06:25:40 PM

at this moment
wallet and bank something that can not be separated

if you have ~xxxxxbitcoin you will need bank to accomodate your fiat from exchanger,
and you need cast to spend it everyday

I will choose both of them

Yeah for this moment bitcoin cannot stand alone without bank, i should exchange to my currency and wd to bank to use my money

Ninjaskills

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Quote from: Amph on November 19, 2015, 03:41:35 AM

Quote from: Ninjaskills on November 18, 2015, 11:21:43 PM

Quote from: ad2041 on November 18, 2015, 11:33:31 AM

I will choose bitcoin because of its easy transactions.

if only easy transaction, bank is also easy in the transaction
perhaps the reason such as you do not have bank account Tongue

bitcoin is more easy, when you want to perform a wire transfer or sepa for example you need to fill plenty of form(name, address bic etc..) all those crap consume time even if it is little time

with bitcoin i just copy paste the address and type the amount, no comparison...

yes very complicated
when I wire transfer, i choose bitcoin
but for sending in my area I choose the bank or with atm

Supercrypt

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Quote from: elyas772 on November 19, 2015, 06:25:40 PM

at this moment
wallet and bank something that can not be separated

if you have ~xxxxxbitcoin you will need bank to accomodate your fiat from exchanger,
and you need cast to spend it everyday

I will choose both of them

Till bitcoin goes into main stream, using both bitcoin wallet and bank accounts is inevitable because till then using bitcoin without converting into fiat is not possible. But once everything is available for bitcoin we can use bitcoin directly , then there is no need of converting into fiat. At that time people may go only for bitcoin wallets.

elyas772

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at this moment
wallet and bank something that can not be separated

if you have ~xxxxxbitcoin you will need bank to accomodate your fiat from exchanger,
and you need cast to spend it everyday

I will choose both of them

Abiky

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As Bitcoin would be seen as a commodity instead of replacing fiat currency, it is still good to have both accounts until Bitcoin is turned into the world's reserve currency. Nevertheless, a Bitcoin wallet would be better if it would be accepted at major businesses such as Walmart, Sears, Target and many other big companies. I'm waiting for Bitcoin to become mainstream adopted anywhere in the world. Just my opinion. Grin

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Quote from: kostya.ash on November 18, 2015, 11:26:48 PM

Quote from: NewInCryptoCurrency on November 18, 2015, 12:11:39 PM

Yes I choose for Bitcoin Wallet, but this world I can't do just only Bitcoin Wallet so yeah :/

But I don't have a problem with the bank so it is oke.

it would be better if you use both
I also wore both, usually I use the bitcoin wallet for online transactions, and banks for transactions offline
its better

If I had, I would choose a Bitcoin wallet.
However, very good to use both. Even the Bitcoin I don't does hold in one wallet just a few. This is the safest way to store and invest money - split in several places.

Amph

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Quote from: Ninjaskills on November 18, 2015, 11:21:43 PM

Quote from: ad2041 on November 18, 2015, 11:33:31 AM

I will choose bitcoin because of its easy transactions.

if only easy transaction, bank is also easy in the transaction
perhaps the reason such as you do not have bank account Tongue

bitcoin is more easy, when you want to perform a wire transfer or sepa for example you need to fill plenty of form(name, address bic etc..) all those crap consume time even if it is little time

with bitcoin i just copy paste the address and type the amount, no comparison...

kostya.ash

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Quote from: NewInCryptoCurrency on November 18, 2015, 12:11:39 PM

Yes I choose for Bitcoin Wallet, but this world I can't do just only Bitcoin Wallet so yeah :/

But I don't have a problem with the bank so it is oke.

it would be better if you use both
I also wore both, usually I use the bitcoin wallet for online transactions, and banks for transactions offline
its better

ajun96

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Quote from: leex1528 on November 18, 2015, 11:31:10 AM

What does a Bitcoin wallet give you that banks don't? No interest rates with Bitcoin wallets, no protection from losing money. I would prefer to store my money in a bank actually at the given moment.

yeah i think in the bank we can get protect and safer then bitcoin wallet
there are advantages and disadvantages of each

Ninjaskills

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Quote from: ad2041 on November 18, 2015, 11:33:31 AM

I will choose bitcoin because of its easy transactions.

if only easy transaction, bank is also easy in the transaction
perhaps the reason such as you do not have bank account Tongue

Topic: Bank or Bitcoin Wallet? - page 176. (Read 230501 times)