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Topic: Bank or Bitcoin Wallet? - page 39. (Read 230501 times)

member
Activity: 70
Merit: 10
September 09, 2016, 08:11:01 PM
Bitcoin probably will be the currency of the future , nowadays you can use bitcoin debit  card, bitcoin wallet is have  great security , cold wallet,  multisig wallet, ect.
hero member
Activity: 840
Merit: 501
Strength in Numbers
September 09, 2016, 10:24:24 AM
Most of us have both. Unfortunately we can't have only Bitcoin Wallet to serve all our needs nowadays. I know some people are having fun trying to live using a Bitcoin Wallet only and I also know that some of them succeed but if you have a family to care about that's impossible now.


It is really useful if we are going to use both because if we are just going to use bank or bitcoin wallet only then we are just going to waste the opportunity of using both.

And since we are in bitcoin industry of course we need both of it. I would recommend using both of it.
sr. member
Activity: 259
Merit: 250
September 09, 2016, 10:19:34 AM
Most of us have both. Unfortunately we can't  have only Bitcoin Wallet to serve all our needs nowadays.  I know some people are having fun trying to live using a Bitcoin Wallet only  and I also know that some of them succeed but if you  have a family to care about that's impossible now.
hero member
Activity: 952
Merit: 500
September 09, 2016, 07:46:37 AM
Much better if we have both, it will gives us great income in the future but we can earn fast in bitcoin investment than savings or investment in the bank, but i prefer to save more in bank than investing in bitcoin.
we should split between investment and saving, what percentage of the investment and partly to savings
Savings should be bigger than you investment because you only take your investment money from your savings, that is how it should be done if you do not want to suffer in the future once your investment failed, there is no assurance with investment but we need savings for future expenses.
member
Activity: 82
Merit: 10
September 08, 2016, 09:26:41 PM
Much better if we have both, it will gives us great income in the future but we can earn fast in bitcoin investment than savings or investment in the bank, but i prefer to save more in bank than investing in bitcoin.
we should split between investment and saving, what percentage of the investment and partly to savings
hero member
Activity: 882
Merit: 500
September 08, 2016, 09:21:12 PM
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.
i think you're right and your question of wheter bank accept bitcoin or not is not much complicated . in my opinion a new bank whi knows about bitcoin can accept bitcoin while the other bank will not .
here the best example of my point to accept bitcoin by bank is real . in the present time the increase in rate of bitcoin is resulr of start of one bitcoin bank who bought btc in much amount .
hero member
Activity: 714
Merit: 531
September 08, 2016, 09:05:42 PM
Much better if we have both, it will gives us great income in the future but we can earn fast in bitcoin investment than savings or investment in the bank, but i prefer to save more in bank than investing in bitcoin.
sr. member
Activity: 476
Merit: 250
September 08, 2016, 08:35:02 PM
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.

Of course we can see its improvement almost everyday because banks have nothing to prove anymore.
Banks are the foundation of our money. It has already stabilized and monopolized.
In short, cryptocurrency is a lot different from fiat.
full member
Activity: 193
Merit: 100
September 08, 2016, 08:27:21 PM
I prefer to use both, and I think it's required these these days. But I would choose btc wallet, because it is more secure, also easier to use, from my point of view. It's relevant to add the fact that you have much more control over your own funds.
I too require both as I live in a country where bitcoins are not accepted. So I wish to save the bitcoins I earn in bitcoin wallet. Once its exchanged to fiat I save that amount in my bank's savings account. Then I use the money for my expense. So I require both.
sr. member
Activity: 256
Merit: 250
September 08, 2016, 08:16:47 PM
I prefer to use both, and I think it's required these these days. But I would choose btc wallet, because it is more secure, also easier to use, from my point of view. It's relevant to add the fact that you have much more control over your own funds.
hero member
Activity: 630
Merit: 500
September 08, 2016, 08:01:09 PM
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.
Bitcoin wallet and banks are different in some way to manage and their rules of it. I agree for now and so on we need them both, for example in my country no shops or stores that accept bitcoin as payment except some online stores but limited service/goods to offer so we need to convert it, after we exchange bitcoin to fiat money we still need banks account to transfer it

For now and many more years. It will the best offer the government could make. Banks plus bitcoin, but I think there will be a little fee also when it comes to exchanging it to fiat. I dont think they would just want the bitcoin exchanged to them to be invested only. They would somehow want more and it will be taken from the transaction fee.
There are already a solution that is debit card, soo you can spend and use your bitcoins without have to exchange them. Back to the topic, banks will stand forever as people can store their passwords online safety forever, as well cant save money at home, too risky.
Bank is good for saving and investing your money for a long long period of time because it is very secured for all bad things will happen in your money, while in bitcoin it is good for investment due to fluctuation of price you can earn more that you expect but it always depend on your investment.
hero member
Activity: 729
Merit: 500
September 08, 2016, 07:25:29 PM
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.
Bitcoin wallet and banks are different in some way to manage and their rules of it. I agree for now and so on we need them both, for example in my country no shops or stores that accept bitcoin as payment except some online stores but limited service/goods to offer so we need to convert it, after we exchange bitcoin to fiat money we still need banks account to transfer it

For now and many more years. It will the best offer the government could make. Banks plus bitcoin, but I think there will be a little fee also when it comes to exchanging it to fiat. I dont think they would just want the bitcoin exchanged to them to be invested only. They would somehow want more and it will be taken from the transaction fee.
There are already a solution that is debit card, soo you can spend and use your bitcoins without have to exchange them. Back to the topic, banks will stand forever as people can store their passwords online safety forever, as well cant save money at home, too risky.
legendary
Activity: 2940
Merit: 1083
September 08, 2016, 07:16:15 PM
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.
Bitcoin wallet and banks are different in some way to manage and their rules of it. I agree for now and so on we need them both, for example in my country no shops or stores that accept bitcoin as payment except some online stores but limited service/goods to offer so we need to convert it, after we exchange bitcoin to fiat money we still need banks account to transfer it

For now and many more years. It will the best offer the government could make. Banks plus bitcoin, but I think there will be a little fee also when it comes to exchanging it to fiat. I dont think they would just want the bitcoin exchanged to them to be invested only. They would somehow want more and it will be taken from the transaction fee.
hero member
Activity: 910
Merit: 523
September 08, 2016, 07:09:48 PM
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.
Bitcoin wallet and banks are different in some way to manage and their rules of it. I agree for now and so on we need them both, for example in my country no shops or stores that accept bitcoin as payment except some online stores but limited service/goods to offer so we need to convert it, after we exchange bitcoin to fiat money we still need banks account to transfer it
hero member
Activity: 686
Merit: 500
September 08, 2016, 06:53:26 PM
Of course bank is more better than bitcoin wallet, because it's really safe and we even get interest when we save our money in the bank. In the other hand, bitcoin wallet also good, but bank is more better.
i thinks ans wallet has their own price, it is a face that we use banks for different purposes but still i we cannot ignore the importance of wallets because not a single bank is accepting bitcoin, so if you have some bitcoins then you must need a wallet.

You are right bitcoin is the need of the day and for that we should have to love wallet and as banks do not allow bitcoin and our money are in bitcoin so we do not need any bank for the time being when banks start to accept bitcoins.
sr. member
Activity: 256
Merit: 250
September 08, 2016, 06:36:17 PM
I believe that we need them both. For the present moment bank accounts can be widely used for many more things than bitcoin wallet. But I can see that the BTC walltes are gaining more ground every day.
full member
Activity: 224
Merit: 100
September 07, 2016, 02:50:34 PM
Of course bank is more better than bitcoin wallet, because it's really safe and we even get interest when we save our money in the bank. In the other hand, bitcoin wallet also good, but bank is more better.
i thinks ans wallet has their own price, it is a face that we use banks for different purposes but still i we cannot ignore the importance of wallets because not a single bank is accepting bitcoin, so if you have some bitcoins then you must need a wallet.
legendary
Activity: 1232
Merit: 1029
September 07, 2016, 01:57:13 PM
You dont need bank for nothing,you need a work,sure you must pay fees to government and they use bank,but well lets say with cash in hands you can pay anywhere.You can send money at same country to other person when the person has the same bank as yours,try to send to another bank into the same country,bitcoin as a fee that is pennies being a small or high transaction soo always bitcoin would win.
you usually need banks all the time and thats really bad as even though i use bitcoins i cannot avoid using banks too unforunately
As per the present scenario of bitcoin acceptance every bitcoiner must have to keep both bitcoin wallet and bank accounts. But the important thing here is, what you are using mostly and what is supporting you for making your life so easier. When comparing your life to some five years back, you can find how bitcoin influencing your financial life.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 07, 2016, 12:19:11 PM
You dont need bank for nothing,you need a work,sure you must pay fees to government and they use bank,but well lets say with cash in hands you can pay anywhere.You can send money at same country to other person when the person has the same bank as yours,try to send to another bank into the same country,bitcoin as a fee that is pennies being a small or high transaction soo always bitcoin would win.
you usually need banks all the time and thats really bad as even though i use bitcoins i cannot avoid using banks too unforunately
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
September 07, 2016, 03:30:43 AM
If you had to choose for the rest of your life and you want to be sure that bitcoins are safe enough dont buy bitcoin wallets because they are far from safe use banks for your money and cash the coins.
Because your bitcoin wallet is not intended for saving your money, you use banks in that matter and your bitcoin wallet is only good if you are planning to invest either in short term or long term and you should only consider putting an amount that you can afford to lose.
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