Topic: Bank or Bitcoin Wallet? - page 5. (Read 230501 times)
I like the security of the bitcoin wallet the most and the fact I have complete control over my money.
I think wallet is safety
balancing risks. physical cash as in paper bills. physical coins, of course! some bitcoin. bank ballances located at least at two distinctively different banks, you cannot just hauwl it all over onto Lehmans and some other where Lehmans are the mother company (replace with Deutsche Bank or you local next-failing institute)
bank need human resources to operate and will be a cost for that workers
but bitcoin is just need internet to transfer betwen users
but bitcoin is just need internet to transfer betwen users
people paying internet conection too, but the cost for runing bitcoin wallet is more less than bank.
but if i calculate each transcation of bitcoin and bank, the bitcoin fee is higher than bank , in bitcoin for each transaction i must ay the mininmum fee arround 10.000sathosi, but for transaction in same bank i never pay any fee.
Personally I do not trust banks. All my savings I keep in my purse. Maybe it is not quite safe, but I feel so comfortable and relaxed
I do not and will not trust in banks. But nowhere to go. Today, many aspects of modern life can not do without banking services. A bitcoin wallet I have not yet needed.
choosing between the bank and the wallet I would choose the bank. I have trust in these institutions. It has never had any problems with the disbursement of funds by the bank
bank need human resources to operate and will be a cost for that workers
but bitcoin is just need internet to transfer betwen users
but bitcoin is just need internet to transfer betwen users
this grow my money iam chose bitcoin
thi saving my money iam choose in bank
thi saving my money iam choose in bank
I do not and will not trust in banks. But nowhere to go. Today, many aspects of modern life can not do without banking services. A bitcoin wallet I have not yet needed.
Banks will not replace bitcoin wallets, purses equivalent as not replace bank. It's just not possible. I believe that a world government would keep their offspring in control. Banks will not give fall.
this saving bank still is the bes
because bank is very high secure
because bank is very high secure
True, but you can also get very high security with Bitcoin if your use encrypted private keys, make a paper wallet offline, and other sorts of stuff. Usually, I prefer Bitcoin more than a bank, since I have more control of my money with it, but there are some times where fiat is necessary too wherever Bitcoin is not accepted. The day that Bitcoin becomes used as a mainsteam currency, it will be the day that perhaps banks won't be needed anymore, in my own opinion.
this saving bank still is the bes
because bank is very high secure
because bank is very high secure
I also think that you can not invest all your savings into one object. It should be in different, this will reduce the risks
Yes. This is more like diversifying your investments into different assets in order to minimize the risks. Let's say that you invest into Bitcoin, you can also choose to invest into different altcoins like Litecoin, Ethereum, Monero, etc in order to minimize the risks and end up loosing huge amount of money invested.
The ideal setup would be to have both a Bitcoin and bank account as you would have the convenience of fiat + Bitcoin (which provides decentralization, and serves as a deflationary currency making it even more scarce and valuable over time) Then, you could choose to sell Bitcoin towards your bank account, or even buy Bitcoin directly with it.
iam use both them
i have much accoun in bank, and iam much bitcoin wallet addres
i have much accoun in bank, and iam much bitcoin wallet addres
Don't put all your money in bitcoin.
I also think that you can not invest all your savings into one object. It should be in different, this will reduce the risks
bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
I also have the same opinion and i am surprised that many people voted for bitcoin wallet,but yes if something bad happens we can go to bank and complain but in bitcoin wallet we dont know where are the owners and they in some other country so we cant do anything rather than just sending them emails.Then set up your own wallet on your on computer. It is not that hard. If you are using online wallet, then you can say that you are.not secure because they can go offline anytime they want and you lose your bitcoin.but if store it on your own computer, you control your own wallet and you are to blame if you.lose it.
Don't put all your money in bitcoin.
bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
I also have the same opinion and i am surprised that many people voted for bitcoin wallet,but yes if something bad happens we can go to bank and complain but in bitcoin wallet we dont know where are the owners and they in some other country so we cant do anything rather than just sending them emails.Then set up your own wallet on your on computer. It is not that hard. If you are using online wallet, then you can say that you are.not secure because they can go offline anytime they want and you lose your bitcoin.but if store it on your own computer, you control your own wallet and you are to blame if you.lose it.
I think wallet is safety
to me both carry too much importance as we use banks for our fiat currency there fore we much have a bank account on other side as bitcoin is the need of the time and is the new emerging currency therefore its importance cannot be ignore also. so i will go with both as both keep too much importance in my life.
bank as I can do refund if some hacking happen because the bank is responsible for not securing my account/money for any incident regarding loss of money in my account . Bitcoin wallet is secure as long as its offline and you dont have any save password on your pc that can access thru malware or some other viruses.
if the bitcoin wallets will also be that much powerful as banks are then they will also provide a guarantee for your bitcoins and they will pay back you your bitcoins whenever they will face a hack.
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