Topic: Bank or Bitcoin Wallet? - page 32. (Read 230501 times)
I am going with Bank here. It's more secure. Everyday, hackers are becoming more and more intelligent and you don't know if the wallet website that you're in is being attacked right now. Never have I seen somebody in my area that has his money in a bank got stolen. The opposite goes to the bitcoin wallet, I've seen people who got their bitcoins stolen.
I would go for the bitcoin wallet because its pretty safe and you can do a lot of things with it without any doubts.
You can access it everywhere and its also that you can pay in real life but also online.
You can access it everywhere and its also that you can pay in real life but also online.
Go to rural places especially in third world countries and access your bitcoin there and let's see how it goes.
The statement of yours should be "I can access it everywhere" as all people have different situation on the difficulty of accessing bitcoin everywhere.
Banks and bitcoin isn't 100% safe so it's not making sense to talk about choosing bitcoin because of that safe thing.
Almost all of the major banks are working on blockchain technology and sooner or later you will see a radical change in the way the paper currency is stored and moved. The future banking payment system is going to be based on blockchain technology and it could be a reality that you will have option to store your money in non bank wallets. Having said the above, the open network with its immutability, or the incorruptibility of bitcoin’s blockchain, is well-suited for money movement and will have much more trust and security level as against the private bank blockchains, which the banks are working.
They should combine the security and public consensus nature of bitcoin blockchain with that of banks experience and capability of server security.
The ideal solution could be that the banks provide high security bitcoin wallet service along with many other wallet service providers and we are able to seamlessly transact bitcoin and fiat currency using the public consensus blockchain system and that we will have the freedom to store money in bank wallets, exchange wallets, wallet service provides or in our own hard disk.
Regards,
Belfrics Manager,
Belfrics.
They should combine the security and public consensus nature of bitcoin blockchain with that of banks experience and capability of server security.
The ideal solution could be that the banks provide high security bitcoin wallet service along with many other wallet service providers and we are able to seamlessly transact bitcoin and fiat currency using the public consensus blockchain system and that we will have the freedom to store money in bank wallets, exchange wallets, wallet service provides or in our own hard disk.
Regards,
Belfrics Manager,
Belfrics.
bank / bitcoin ?. in terms of profit in my opinion is better to use bitcoin. but on the other hand bitcoin in my country has not been legalized. other than that bitcoin is also still a lot of pros and cons.
We need them both those are important ofcourse there are special to us or to those who are using bank or bitcoin wallet , for those who not using bank ofcourse you will going to choose bitcoin wallet , and for those who don't use bitcoin wallet they are using bank of course thats easy and simple logic and i love logics.
I would go for the bitcoin wallet because its pretty safe and you can do a lot of things with it without any doubts.
You can access it everywhere and its also that you can pay in real life but also online.
You can access it everywhere and its also that you can pay in real life but also online.
Yeh that is certainly true. But for now, we can't do it just by using bitcoin. Because the Foundation has not had the bitcoin strengthen existing transactions in the world, so we still need the Bank to exchange money in order to buy something that is yet to be done in the bitcoin
I would go for the bitcoin wallet because its pretty safe and you can do a lot of things with it without any doubts.
You can access it everywhere and its also that you can pay in real life but also online.
You can access it everywhere and its also that you can pay in real life but also online.
Well obviously bitcoin gives you way more freedom and privacy then when joining a bank.. But the difference is the bank kind of insures you up till a certain amount, and bitcoin doesn't.
Still I pick bitcoin over the bank I like "owning" my money.
Yeah, because once we adopt with bank bitcoin cannot implement its system because the anonymity will be gone, bitcoin is popular because it protects our privacy and we can transact with anonymity anytime we want, unlike in bank where we need to adopt with their rules and also the charges is way bigger.Still I pick bitcoin over the bank I like "owning" my money.
After thinking a bit about this question I realize that I need both. Bank is where I keep money from real work, with that money I pay bills, I buy food. I`m for some time in bitcoin world, and this become some kind of habit in my life. I stand up in the morning, check price of bitcoin and sometimes some altcoins, I check what people talk here, I open some poker tournament, or some other game.
With my bank account I can`t do what I do with bitcoins, and with bitcoins I can`t do what I can with bank card. For now I need both things, and I think situation will stay the same in next decade.
You may keep using both, but if you had to choose one or the other? I would go into bitcoin, because i like to invest and with fiat weekend and investment arent compatible, with bitcoin besides the low fee, its 24/7 all the year. With my bank account I can`t do what I do with bitcoins, and with bitcoins I can`t do what I can with bank card. For now I need both things, and I think situation will stay the same in next decade.
The bitcoin wallet no doubt about that, in my country many people do not have access to banks but with bitcoin you don’t even have to own a computer or a cellphone as long as you can access to one for a short period of time you will be fine
Isn't it risky if you are accessing your online wallet on computer or cellphone that you do not own. It can be embedded with keylogger and they will hack your account. Bitcoin is unhackable but your online wallet can be hacked. And it is your responsibility to protect and secure your coins.
After thinking a bit about this question I realize that I need both. Bank is where I keep money from real work, with that money I pay bills, I buy food. I`m for some time in bitcoin world, and this become some kind of habit in my life. I stand up in the morning, check price of bitcoin and sometimes some altcoins, I check what people talk here, I open some poker tournament, or some other game.
With my bank account I can`t do what I do with bitcoins, and with bitcoins I can`t do what I can with bank card. For now I need both things, and I think situation will stay the same in next decade.
With my bank account I can`t do what I do with bitcoins, and with bitcoins I can`t do what I can with bank card. For now I need both things, and I think situation will stay the same in next decade.
The bitcoin wallet no doubt about that, in my country many people do not have access to banks but with bitcoin you don’t even have to own a computer or a cellphone as long as you can access to one for a short period of time you will be fine
Isn't it risky if you are accessing your online wallet on computer or cellphone that you do not own. It can be embedded with keylogger and they will hack your account. Bitcoin is unhackable but your online wallet can be hacked. And it is your responsibility to protect and secure your coins.
Well obviously bitcoin gives you way more freedom and privacy then when joining a bank.. But the difference is the bank kind of insures you up till a certain amount, and bitcoin doesn't.
Still I pick bitcoin over the bank I like "owning" my money.
Yeah, because once we adopt with bank bitcoin cannot implement its system because the anonymity will be gone, bitcoin is popular because it protects our privacy and we can transact with anonymity anytime we want, unlike in bank where we need to adopt with their rules and also the charges is way bigger. Still I pick bitcoin over the bank I like "owning" my money.
Well obviously bitcoin gives you way more freedom and privacy then when joining a bank.. But the difference is the bank kind of insures you up till a certain amount, and bitcoin doesn't.
Still I pick bitcoin over the bank I like "owning" my money.
Still I pick bitcoin over the bank I like "owning" my money.
I would certainly choose bitcoin wallet, because it has proven to be more secure and it is easier to use, from my point of view. I should add the fact that, when using it, we can have much more control over the funds..
agree with your statement, having bitcoin at our wallet is like we have own bank.
so no people can touch our money. but bitcoin is not familiar for "real life", only some people who using bitcoin. at this case we need bank to faily transaction.
I would certainly choose bitcoin wallet, because it has proven to be more secure and it is easier to use, from my point of view. I should add the fact that, when using it, we can have much more control over the funds..
Control or managing it on your own. That is the main reason I picked this kind of thing. I want to see and experience on my own how it will move and how it feels when the profit is coming for just a manner of time.
I prefer my bitcoin wallet because it just feels much more secure to me than to be holding my money in the bank.
They don't actually have your money in there you know.
They don't actually have your money in there you know.
if you want your savety your money
and can use any time to buy something your must choose bank
but you want growth your capital money your must use bitcoin wallet
so bitcoin wallet you can easy and flexible trading
I prefer my bitcoin wallet because it just feels much more secure to me than to be holding my money in the bank.
They don't actually have your money in there you know.
They don't actually have your money in there you know.
if you want your savety your money
and can use any time to buy something your must choose bank
but you want growth your capital money your must use bitcoin wallet
so bitcoin wallet you can easy and flexible trading
I would certainly choose bitcoin wallet, because it has proven to be more secure and it is easier to use, from my point of view. I should add the fact that, when using it, we can have much more control over the funds..
The btc wallet is a great option, but the problem is that we depend on paper money to live today. Taking this into consideration, I would choose both to use.
A bank account vs a wallet is a easy choice. Banks allow us to pay our bills like rent and phone bills. Bitcoin not yet which makes a bank account mandatory and a wallet a hobby.
This will change but now we have to deal with the banks.
That is because you are not in the right country, but here in my country you can pay bills with the use of bitcoin. And I've using that for a lot of months already and that is why for me bitcoin wallet is going to be just like your online bank. But for me they are going to be a good tandem for your own good, banks for cash and bitcoin wallet for your bitcoinss.
Jump to: