Topic: Bank or Bitcoin Wallet? - page 26. (Read 230501 times)
I believe each of them have different purposes, you can see that both, bank and bitcoin wallets, are good for different things. You can keep your money at a bank keeping it safe, but also have some profit on it holding the btcs into your wallet.
bank or bitcoin wallet? I'm obviously going to memih bank. Why? because the bank is the official institution that guaranteed the security and robustness
The bank is safer but with the bitcoin wallet you can way better make profit because its the bitcoin.
Its just how you are wanting to spend your money and if you want to take some risks the bitcoin can be controlled by yourself.
I choose the bitcoin wallet above it to be honest because of the fact you can control it and with the bank it can see's everything what you are doing it.Its just how you are wanting to spend your money and if you want to take some risks the bitcoin can be controlled by yourself.
I like my privacy and with the bitcoin I can control it all by myself.
The bank is safer but with the bitcoin wallet you can way better make profit because its the bitcoin.
Its just how you are wanting to spend your money and if you want to take some risks the bitcoin can be controlled by yourself.
Its just how you are wanting to spend your money and if you want to take some risks the bitcoin can be controlled by yourself.
I prefer the bank because its in my eyes way more safe and its also that its very fun to do these days.
The bitcoin is a sort of same but it stays a investment..
The bitcoin is a sort of same but it stays a investment..
I can not deposit in banks because it takes a lot of process to have a bank account unlike bitcoin that you can setup your account easily and deposit without asking your really identity.. so i choose bitcoin instead of banks.
IMO both are different and necessary in a way you can not use your bank account where you can use your bitcoin wallet, banks have lot of limitations and rules for example with my bank I can not send more then 1000$ in 24 hours which is a pain and also I can not store to much money in bank they will ask questions. I think a wallet is sufficient to hold BTC but from profit aspect I think a bank is necessary as well.
Some bitcoin exchanges have a limits too when cashing out money since it's part of protecting their clients. The same principle goes for bank.
You will just passed the limits if you able to verify yourself for at least above third tier depends on the amount.
the easy answer is both! You need both! simply not enough institutions in the real world accept bitcoin yet, to avoid fiat currency entirly
IMO both are different and necessary in a way you can not use your bank account where you can use your bitcoin wallet, banks have lot of limitations and rules for example with my bank I can not send more then 1000$ in 24 hours which is a pain and also I can not store to much money in bank they will ask questions. I think a wallet is sufficient to hold BTC but from profit aspect I think a bank is necessary as well.
If OP have an option for pick both, i'm sure many people will pick both bank and bitcoin wallet, because many people always use bank in real life. In the other hand people also using bitcoin wallet on online.
Yeah its good to choose both because they have both good benefits for bitcoin wallet if you buy bitcoin and save it for your bitcoin wallet you can gain a profit if the price of bitcoin is increase for savings you in the banks you can save it for a long time and dont spend it to have a good dream for your future.. 
I think it depends on how you look at BTC, in concept BTC is about decentralization and therefore in concept I doubt it would fit with a bank, but in a more practical view, a bank is a must with the current world finance and for a currency there need to be banks, I think a bitcoin bank might develop sometime in the future..
The banks offer you a lot of services that may drain your money... where the fees depend on the banking service you use. These things don't happen with btc though.
Lots of services that may drain people's money?
It's not wrong to have a good practice if you will understand the term first before doing such banking things.
That is the reason government support bank, to have indirect income from people money. Bitcoin must be the hassle free banking solution, in future we might get all the functionality of bank into our bitcoin wallet itself, either by having new functionalities into bitcoin itself or by having any third party involvement.
If people missed some of them then definitey people are not reading terms completely like the guy above said. And as far as your statement is concern, "it's people responsible to know any new regulations".
I have a bank account itself and working for banking industry for years now that's why it's impossible for clients to missed some of the terms they entered with any of bank services.
It's depend on the said bank if they will suck up peoples money. So all negative images of bank here in this thread might not be taken as a whole. That is totally biased.
If OP have an option for pick both, i'm sure many people will pick both bank and bitcoin wallet, because many people always use bank in real life. In the other hand people also using bitcoin wallet on online.
In my opinion btc wallets are a safer option. In the Banks, fees are higher and there is the problem of centralization, but it's still the most practical way.
I completely disagree with you and i feel more safe in bank for putting my large some of money than in bitcoin wallets.In bitcoin wallet we cannot meat their support staff and cant see them in our locality but in my bank i can regularily have a view there,talk to managers for any problem.Even i cannot compare banks with bitcoin wallets.legendary
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The banks offer you a lot of services that may drain your money... where the fees depend on the banking service you use. These things don't happen with btc though.
it depends on the size of your savings in the bank if you have enough savings, the interest earned from deposits able to cover these costs.
I think there are so many people interested into the bitcoins that also banks will compare their money bank with a bitcoin bank but not for now maybe in the future they will come with something.
The banks offer you a lot of services that may drain your money... where the fees depend on the banking service you use. These things don't happen with btc though.
it depends on the size of your savings in the bank if you have enough savings, the interest earned from deposits able to cover these costs.
Personally, I like the Bitcoin wallet. I always be suspicious with real bank with my real money, so imagine with my bitcoin... Grin
The banks offer you a lot of services that may drain your money... where the fees depend on the banking service you use. These things don't happen with btc though.
it depends on the size of your savings in the bank if you have enough savings, the interest earned from deposits able to cover these costs. 
The banks offer you a lot of services that may drain your money... where the fees depend on the banking service you use. These things don't happen with btc though.
Lots of services that may drain people's money?
It's not wrong to have a good practice if you will understand the term first before doing such banking things.
That is the reason government support bank, to have indirect income from people money. Bitcoin must be the hassle free banking solution, in future we might get all the functionality of bank into our bitcoin wallet itself, either by having new functionalities into bitcoin itself or by having any third party involvement.
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