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Topic: Bank or Bitcoin Wallet? - page 185. (Read 230470 times)

hero member
Activity: 532
Merit: 500
October 18, 2015, 09:02:23 AM
#82
Well if you want to use bitcoin through bitcoin debit cards then you should use both of them.
Banks and bitcoins, i prefer more to be my own bank - bitcoin wallet.
You almost can buy anything with bitcoin just sometimes you get discount sometimes you should have to pay more fees.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 18, 2015, 08:57:39 AM
#81
Sad to say but I'm still using banks for some reasons. I can't fully rely my spendings to bitcoin uet since I can't pay for medical bills if in case some emergency happens. That's the only thing I use banks for, emergency, but other than that, I use bitcoin (sometimes with third-party payment processors) and it's actually doing well for me.

Which country do you live in? It seems you can use bitcoin for many things.

The Philippines. I have some friends who sell goods for bitcoins and I usually avail those. Also, there are some intermediary payment processors here that I use for buying things.
full member
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
October 18, 2015, 08:47:05 AM
#80
Sad to say but I'm still using banks for some reasons. I can't fully rely my spendings to bitcoin uet since I can't pay for medical bills if in case some emergency happens. That's the only thing I use banks for, emergency, but other than that, I use bitcoin (sometimes with third-party payment processors) and it's actually doing well for me.

Which country do you live in? It seems you can use bitcoin for many things.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 18, 2015, 07:38:52 AM
#79
Sad to say but I'm still using banks for some reasons. I can't fully rely my spendings to bitcoin uet since I can't pay for medical bills if in case some emergency happens. That's the only thing I use banks for, emergency, but other than that, I use bitcoin (sometimes with third-party payment processors) and it's actually doing well for me.
legendary
Activity: 2660
Merit: 1074
October 18, 2015, 07:30:20 AM
#78
At least will be harder for my bitcoin balance disappear.


But there is no way to get interests and pay most things with BTC. And banks don't accept BTC of course

It is not an wasy choice
legendary
Activity: 3374
Merit: 1824
October 18, 2015, 07:21:26 AM
#77
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.

banks accepting bitcoin is contradictory with what bitcoin is!!!

bitcoin was created to make a decentralized money system that everybody can use on his own and never depend on a banking system for using their own money.

so I would never use a bank if there were any accepting bitcoin. I prefer keeping my bitcoins on my own even if they pay interest I wouldn't do it.

Why not?
If I can pay my mortgage to the bank with my bitcoin funds, I will use this opportunity.
If they even offer interest on bitcoin funds, even better.
If bitcoin becomes mainstream, banks can accept bitcoin as any other currency, I don't see anything wrong with that.
 
hero member
Activity: 728
Merit: 500
October 18, 2015, 07:20:18 AM
#76
Both banks and Bitcoin are good and will keep continue and grow for at least 1 decade.There is not such large adoption and acceptance of Bitcoin to say banks are gone.It is too early to say but both will exists and both will use blockchain technology for more transparency and faster transactions.It will be healthy competition which will bring some benefits to customers in my opinion.
hero member
Activity: 630
Merit: 502
October 18, 2015, 07:19:16 AM
#75
The purpose of Bitcoin is to allow users to have full control over their coins without the risk of it being frozen. Having a bank would completely defeat its purpose. However, if we overlook this, it would be beneficial for us as bank can have a proof of solvency and could have a definite market cap.
full member
Activity: 140
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
October 18, 2015, 07:11:47 AM
#74
banks accepting bitcoin is contradictory with what bitcoin is!!!

bitcoin was created to make a decentralized money system that everybody can use on his own and never depend on a banking system for using their own money.

so I would never use a bank if there were any accepting bitcoin. I prefer keeping my bitcoins on my own even if they pay interest I wouldn't do it.

If bitcoin is the only currency and there is no fiat. Banks dealing with bitcoin only. Will you apply mortgage from a bank?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 18, 2015, 01:54:29 AM
#73
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.

banks accepting bitcoin is contradictory with what bitcoin is!!!

bitcoin was created to make a decentralized money system that everybody can use on his own and never depend on a banking system for using their own money.

so I would never use a bank if there were any accepting bitcoin. I prefer keeping my bitcoins on my own even if they pay interest I wouldn't do it.
legendary
Activity: 1568
Merit: 1000
October 18, 2015, 12:54:32 AM
#72
If you life on this earth, I don't think you can just use Bitcoin, you need to use both. Bitcoin is far from mainstream adoption, it may never happen. I hope Bitcoin finds a niche, be it for paying for large sums without fees instantly. But for that or something similar to happen it will need to be regulated eventually.
member
Activity: 61
Merit: 10
October 18, 2015, 12:21:21 AM
#71
I would go with both.
hero member
Activity: 742
Merit: 500
October 17, 2015, 07:50:52 PM
#70
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.

At least we need both banks and Bitcoin wallets till now, the fact that international and regional financial situations are already using bank systems, but also Bitcoin is growing up daily and so fast..
and because Bitcoin is different and smooth enough to make us prefer use it, we already support it and try to spread the word about it
legendary
Activity: 1512
Merit: 1012
October 17, 2015, 04:26:17 PM
#69
Bitcoin and fiat will coexist for many decades, if not centuries.

 Grin you don't indicate the proportion of each ... and when people realize that bitcoin don't loose money over the time, the fiat system will be decrease dramaticly.
hero member
Activity: 742
Merit: 500
October 17, 2015, 12:22:42 PM
#68
My banks charge me atm withdrawal, account maintenance fee, whatever fee they think is appropriate but at least with bitcoin there is none with no condition attached. That's good enough reason to have me choose bitcoin instead of holding to my fiat money paper. Going long on bitcoin.
me to my banks charge me atm withdrawal, even they charge me transfer to the same banks,they are full of with fees thats why i hate them, many banks charge fees for behaviors that customers don't realize are costing them money. Among them are different or same bank transaction fees, perhaps most surprisingly, fees for open the new account
Q7
sr. member
Activity: 448
Merit: 250
October 17, 2015, 11:35:43 AM
#67
My banks charge me atm withdrawal, account maintenance fee, whatever fee they think is appropriate but at least with bitcoin there is none with no condition attached. That's good enough reason to have me choose bitcoin instead of holding to my fiat money paper. Going long on bitcoin.
hero member
Activity: 742
Merit: 500
October 17, 2015, 09:15:28 AM
#66
Iam going to choose Bitcoin Wallet, since its decentralized no one can freeze or stole my money, the only reason to have money in the Bank is just for security purposes, once the Bank closes just say goodby to your money, like the scandal that happened in my country about 6 years ago, the owner of the Bank Century (one of the Bank in Indonesia) stole the bank`s money and took it abroad,and no clear record where the money went.
sr. member
Activity: 658
Merit: 250
October 17, 2015, 09:14:12 AM
#65
I prefer bank. Why ? because in my country stay, bitcoin has not received financial guarantees in the transaction.
full member
Activity: 140
Merit: 100
October 17, 2015, 08:51:24 AM
#64
I would choose both. It is better to keep money in the different places. I would say, it is more secure. Bitcoin is not so stable that you can invest only in it and bank is not secure as we may think.
member
Activity: 98
Merit: 10
Bitcoin Resale Market - CopyrightXchange.com
October 17, 2015, 08:29:49 AM
#63
Why would you choose between them when you can use both? Though it depends on your needs. If you are only choosing between them for the sake of safety or wallet, I would totally go for bitcoins as it is safer than banks on my experienced.

Bitcoins has a very limited type of market (for now), and it is not even accepted everywhere and still growing as per saying. Only a few accepts bitcoins as their payments while on the contrast banks (credit/debit cards) are widely used.
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