Bank or Bitcoin Wallet? - page 58. | Bitcointalksearch.org

shinratensei_

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Quote from: CrimBit on August 16, 2016, 07:13:36 PM

Quote from: tarzantall on August 16, 2016, 11:36:59 AM

bank and bitcoin wallet have their own importance and value. we cannot ignore the importance of both wallet and banks.

we can ignore bitcoin but we can't life without bank in this time. im bussines and i need bank everyday for buying something or paying anything, because bitcoin can't cover it.

That's right because a lot of business man is getting their first funds from lending on the bank, and the bank has become any obligation for every business man. Me too. the limitation coverage of bitcoin become their man disadvantages.

madwica

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Quote from: goinmerry on August 17, 2016, 12:01:59 AM

Quote from: John Constantine on August 16, 2016, 10:13:58 PM

Both play important roles in different situations.

You got it right. As we know a lot of people put their trust in banks and it goes on and on. If there will be a chance that they can connect to a bitcoin exchange then why not. Trust will also be put on bitcoin and might get stronger.

If all people have these both different currency it is give great profit, bitcoin is gives us profit in our investment but it is much risky than saving your money at the bank which is because of the insurance but we need to trust in our investment to gives us good income every year or time to time.

goinmerry

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Quote from: John Constantine on August 16, 2016, 10:13:58 PM

Both play important roles in different situations.

You got it right. As we know a lot of people put their trust in banks and it goes on and on. If there will be a chance that they can connect to a bitcoin exchange then why not. Trust will also be put on bitcoin and might get stronger.

John Constantine

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Both play important roles in different situations.

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Quote from: CrimBit on August 16, 2016, 07:13:36 PM

Quote from: tarzantall on August 16, 2016, 11:36:59 AM

bank and bitcoin wallet have their own importance and value. we cannot ignore the importance of both wallet and banks.

we can ignore bitcoin but we can't life without bank in this time. im bussines and i need bank everyday for buying something or paying anything, because bitcoin can't cover it.

I agree, we can't ignore banks because it is really important and the people are into banks. But if we are going to think outside the box and being a wise man. We are going to choose both, and since we are into bitcoin industry of course bitcoin wallets are going to be important too unless the banks are going to accept bitcoin too.

Banks are too embedded in our lives. Which makes it hard to live without them. No company I know of accept bitcoin payments.
So for survival: Bank; For pleasure: Bitcoin.

elyas772

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most people are not familiar with bitcoin, what, and how to use them, so they prefer to bank as a place to store money safely and grow, because the bank first in the know and it is real, unlike with bitcoin, which is not ad in the real world, so many people who think it's just a scam. because of their lack of knowledge of technology, especially the elderly.

CrimBit

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Quote from: tarzantall on August 16, 2016, 11:36:59 AM

bank and bitcoin wallet have their own importance and value. we cannot ignore the importance of both wallet and banks.

we can ignore bitcoin but we can't life without bank in this time. im bussines and i need bank everyday for buying something or paying anything, because bitcoin can't cover it.

sirohige

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Quote from: Achargeturry78 on August 05, 2016, 09:48:40 AM

lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's

Risks that must be faced is very high on the bitcoin as people are better off choosing real money. Bitcoin wallet providers and website are also very limited and we knew that we could not find the office of bitcoin wallet providers around us, may be that people are not interested in bitcoin. While banks in almost every region has always existed.

eddyubachs

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Quote from: BillyBobZorton on August 16, 2016, 10:39:09 AM

You need both. To survive in modern society, you are going to need a bank account to pay the bills since chances are you cannot be paid for your work on BTC. Maybe in the future.

You can even pay your bills with bitcoin now but that will depend on country you are living in, but yes we do need banks at a moment for our day to day transactions.

dana pani

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in present time bitcoin but in future we are going to use wallet.

tarzantall

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bank and bitcoin wallet have their own importance and value. we cannot ignore the importance of both wallet and banks.

just_Alice

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Quote from: addy boy on October 04, 2015, 12:05:29 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.

Bitcoin Wallet - this is the future, its main advantage automatically working system, so arleast you can't get robbed by your own bank, but there is always a risk of being robbed by a cracksman.)

Noctis Connor

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For me because im living in third country i am using both because i need too i use bitcoin wallet ofcourse to hold my bitcoins i also use bitcoin as currency to invest and earn money without doing anything , banks i use banks to deposit or where the manager or buyer can deposit my money

UNsTephenk

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Support Cryptocurrency.

Is their a wallet that allows instant payment from the selling of Bitcoin? Coinbase takes too long and I am to lazy to drive to an ATM. Does anyone have any suggestions for getting payment quicker?

BillyBobZorton

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You need both. To survive in modern society, you are going to need a bank account to pay the bills since chances are you cannot be paid for your work on BTC. Maybe in the future.

Yutikas_11920

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Quote from: adriaymati58 on August 16, 2016, 08:52:15 AM

Bitcoin wallet is more close to the idea of bitcoin in general, being decentralized and anonymous, while a bank generally goes against that since there is no decentralization. Of course the case would be different if there is interest "it would be tempting but still real bitcoin fans should avoid it".

Yeah, it does bitcoin was created for those who want to make transactions anonymously and will not be getting a very large pieces. In contrast to the bank, in the bank we get do something freely and guaranteed however load given will be very considerable

adriaymati58

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Bitcoin wallet is more close to the idea of bitcoin in general, being decentralized and anonymous, while a bank generally goes against that since there is no decentralization. Of course the case would be different if there is interest "it would be tempting but still real bitcoin fans should avoid it".

Doms

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Quote from: airsounds on August 15, 2016, 03:22:35 PM

Quote from: Dexter12 on August 15, 2016, 07:58:39 AM

Bank or Bitcoinwallet?! Easy! I would choose Bitcoinwallet. I really don't like and trust in banks. I like to have access to my money whenever i will and wherever i am.

the same for me, banks are really bad in our world in my opinion banks might be really fishy and they might even run away with people money

What makes you think of that? They are governed by Central Banks and insured in such a way that a chunk of your deposits can be returned in case the bank folds. Have you had experiences wherein the bank had run away with your money? I am sure there are banks that have gone on bank holiday but why trust your money in banks that have no big market cap? For me, I only trust banks that have solid reputation and serves me the way I want to be served. It has worked for me all these years and unless something replaces better comes along, I don't see myself stopping using their services.

madwica

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Quote from: airsounds on August 15, 2016, 03:22:35 PM

Quote from: Dexter12 on August 15, 2016, 07:58:39 AM

Bank or Bitcoinwallet?! Easy! I would choose Bitcoinwallet. I really don't like and trust in banks. I like to have access to my money whenever i will and wherever i am.

the same for me, banks are really bad in our world in my opinion banks might be really fishy and they might even run away with people money

How would be the bank run with our money? how they can do that? they have physical asset we can see anytime we want that is why bank is the safes wallet for our money because bank have insurance for the money they kept in the vault and also they gives us interest of our money depending of how long we store our money in the bank.

airsounds

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Quote from: Dexter12 on August 15, 2016, 07:58:39 AM

Bank or Bitcoinwallet?! Easy! I would choose Bitcoinwallet. I really don't like and trust in banks. I like to have access to my money whenever i will and wherever i am.

the same for me, banks are really bad in our world in my opinion banks might be really fishy and they might even run away with people money

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