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Topic: Bank or Bitcoin Wallet? - page 59. (Read 230503 times)

hero member
Activity: 854
Merit: 500
August 15, 2016, 03:09:23 PM
I think that this two services can't be compared, you can use what you like more, if you are a common guy who don't care about money, you will probably use banks i think Grin
hero member
Activity: 952
Merit: 1000
August 15, 2016, 12:56:33 PM
I am using both at a moment as only bitcoin wallet will not help me I also need banks to support my savings as bitcoin has not reached to my place yet so cannot depend only on it at this stage.
sr. member
Activity: 294
Merit: 250
August 15, 2016, 12:28:32 PM
well, I have to choose bank wallet because in my area bitcoin as payment  method doesn't support. So, for my live I need bank account to pay bill or anything. Also, if I convert my Fiat to bitcoin,  I can lose my money. because bitcoin prices is getting down. So, after all this fact I will prefer bank account rather than bitcoin wallet.
legendary
Activity: 896
Merit: 1000
August 15, 2016, 09:51:11 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.

That's a good reason man but if you look at deeper, banks has more advantage than bitcoins because it is widely recognize and govern by the government officials, they have the central bank to monitor the compliance of the banks ( private or public) to ensure that depositors money were protected.

that wat you are saying to be an advantage is for a lot people here not an advantage. they prefer to have full control over everything they own. they don't want governments and banks to be in charge. we are our own government and central bank with bitcoin. it's pure freedom for people.
legendary
Activity: 3318
Merit: 1185
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August 15, 2016, 09:07:51 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.

That's a good reason man but if you look at deeper, banks has more advantage than bitcoins because it is widely recognize and govern by the government officials, they have the central bank to monitor the compliance of the banks ( private or public) to ensure that depositors money were protected.
hero member
Activity: 672
Merit: 503
August 15, 2016, 08:07:38 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.


Yes bitcoin wallet allows us to do that, as we have total control on our money and we can access or use our money whenever and from wherever we want, in fact we have our own bank in the form of bitcoin wallet.
sr. member
Activity: 433
Merit: 250
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.
legendary
Activity: 840
Merit: 1000
August 15, 2016, 07:48:34 AM
Hmm for me it is best to use bitcoin wallet because i dont have bank account where i can save money i use bitcoin wallet because i use bitcoin currency where i use it for investment. SO that i can earn money without doing anything and the bitcoin i earn in signature campaign is not that much but still i have a bitcoin
I do not agree with you mate, yet bitcoin wallet is good for bitcoins but choosing the bank would be the more safer option that using the the wallet to store your hardly earned money.If some thing bad happens we can go to bank and ask question and meet them in person.But in bitcoin wallet we cannot do anything just can send emails to them but can do nothing if they dont solve our issue.

If you loose your money in banks with their negligence then you will get full support from banks to recover your money, but that is not possible with bitcoin, once its gone, its gone forever.
hero member
Activity: 2548
Merit: 605
August 15, 2016, 07:25:46 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
correctly . using both we can take advantage of each feature. bank and bitcoin has the advantages of each.


Well using both is going to be advantage for all of us since we are in bitcoin. It is going to be less hassle if we are going to depend to both of it.
And why you are only going to choose only one if you can enjoy to manage both of it. Just manage to use them properly because you are the one that is going to benefit it.
Its very simple, will you stop earning fiat if you are earning bitcoin and vice versa? You will prefer to earn from both as its adding value to your wealth, same goes with bank and bitcoin wallet.
Not really. You don't really stop earning cash even if you're not using banks because you can just hold or get rewarded of fiat on hand. In bitcoin however, you really can't earn them if you don't have a wallet since a wallet is your bitcoin receiver.
sr. member
Activity: 350
Merit: 250
August 15, 2016, 04:01:04 AM
Hmm for me it is best to use bitcoin wallet because i dont have bank account where i can save money i use bitcoin wallet because i use bitcoin currency where i use it for investment. SO that i can earn money without doing anything and the bitcoin i earn in signature campaign is not that much but still i have a bitcoin
I do not agree with you mate, yet bitcoin wallet is good for bitcoins but choosing the bank would be the more safer option that using the the wallet to store your hardly earned money.If some thing bad happens we can go to bank and ask question and meet them in person.But in bitcoin wallet we cannot do anything just can send emails to them but can do nothing if they dont solve our issue.
hero member
Activity: 1148
Merit: 504
August 15, 2016, 03:52:01 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
I don't understand why people are letting us choose between the two when the world is more wonder if we have different variety of payment method, I personally use both as I want to spend my money with an ease, I have bitcoins but in our country only few stores are accepting so I need to use my credit card.

My thoughts exactly. Why should we necessarily choose one or the other? Can't we use both whenever it's appropriate? Actually I am really against this "war" between Bitcoin and banks or between Bitcoin and fiat. I think that they may peacefully coexist.

I think the government will not let us live in peace either. They will try to destroy bitcoin once it affects fiat directly. they control fiat and the live in the benefits of fiat. they cannot control bitcoin. So I think there will always be war between bitcoin and fiat.
legendary
Activity: 1302
Merit: 1037
August 15, 2016, 02:38:18 AM
Hmm for me it is best to use bitcoin wallet because i dont have bank account where i can save money i use bitcoin wallet because i use bitcoin currency where i use it for investment. SO that i can earn money without doing anything and the bitcoin i earn in signature campaign is not that much but still i have a bitcoin
this is correct. banks are only banks where we can store and save our money. but bitcoin is the whole technology itself, it has features of banks also as bitcoin wallets where we can save our money and it have so many other features and benefits too. we can invest it. we can earn it for free by doing so many jobs and works, and bitcoin itself a good investment. just buy it and hold it for future.
sr. member
Activity: 714
Merit: 250
August 15, 2016, 02:33:48 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
correctly . using both we can take advantage of each feature. bank and bitcoin has the advantages of each.
yeah i think using a bank and bitcoin wallet is not an issue. besides using both okay. there is no prohibition for that. I use both and I helped with it
Okay if a lot of people in here already knows both of them is useful for everybody and why must be a problem for every time?
For me, it is hard to spend my bitcoins without the banks to support the transfer, I usually withdraw my bitcoins in my bank account or any banks that partners with my local exchanges, they should have move hand in hand for us to experience the comfort in using our bitcoins.
That's right now a lot of users who exchange bitcoin to the currency to be used. That is evidence that the banks are still used in bitcoin. And many bitcoin wallet that provides a system for currency exchange from each bank. So I think the bank and bitcoin wallet has the role of each is important to me. I keep money in the bank and invest in bitcoin.
hero member
Activity: 952
Merit: 500
August 15, 2016, 01:15:41 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
correctly . using both we can take advantage of each feature. bank and bitcoin has the advantages of each.
yeah i think using a bank and bitcoin wallet is not an issue. besides using both okay. there is no prohibition for that. I use both and I helped with it
Okay if a lot of people in here already knows both of them is useful for everybody and why must be a problem for every time?
For me, it is hard to spend my bitcoins without the banks to support the transfer, I usually withdraw my bitcoins in my bank account or any banks that partners with my local exchanges, they should have move hand in hand for us to experience the comfort in using our bitcoins.
legendary
Activity: 3276
Merit: 1029
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August 15, 2016, 01:00:43 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
correctly . using both we can take advantage of each feature. bank and bitcoin has the advantages of each.
yeah i think using a bank and bitcoin wallet is not an issue. besides using both okay. there is no prohibition for that. I use both and I helped with it
Okay if a lot of people in here already knows both of them is useful for everybody and why must be a problem for every time?
legendary
Activity: 2240
Merit: 1069
August 14, 2016, 11:27:36 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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
I don't understand why people are letting us choose between the two when the world is more wonder if we have different variety of payment method, I personally use both as I want to spend my money with an ease, I have bitcoins but in our country only few stores are accepting so I need to use my credit card.

As a payment method, it is better to have both. The more choices you have, the better you can manage your finances. But as a storage or savings, it is better to use bitcoin because bitcoin increases its value very fast. While in bank, the interest rate is very small. It cannot cover the annual inflation rate.
sr. member
Activity: 476
Merit: 250
August 14, 2016, 08:44:11 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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
correctly . using both we can take advantage of each feature. bank and bitcoin has the advantages of each.
yeah i think using a bank and bitcoin wallet is not an issue. besides using both okay. there is no prohibition for that. I use both and I helped with it
sr. member
Activity: 644
Merit: 250
August 14, 2016, 08:12:57 PM
Hmm for me it is best to use bitcoin wallet because i dont have bank account where i can save money i use bitcoin wallet because i use bitcoin currency where i use it for investment. SO that i can earn money without doing anything and the bitcoin i earn in signature campaign is not that much but still i have a bitcoin
hero member
Activity: 759
Merit: 502
August 14, 2016, 09:31:44 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
I don't understand why people are letting us choose between the two when the world is more wonder if we have different variety of payment method, I personally use both as I want to spend my money with an ease, I have bitcoins but in our country only few stores are accepting so I need to use my credit card.

My thoughts exactly. Why should we necessarily choose one or the other? Can't we use both whenever it's appropriate? Actually I am really against this "war" between Bitcoin and banks or between Bitcoin and fiat. I think that they may peacefully coexist.

That's true if we can manage to use both then why to go with a single one? Try to grab benefits attached with both of them as both holds some unique benefits from each other.
legendary
Activity: 3500
Merit: 2246
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August 14, 2016, 09:28:38 AM
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 use both, because if i want to buy something very fast from local shop i can use my bank credit card
I don't understand why people are letting us choose between the two when the world is more wonder if we have different variety of payment method, I personally use both as I want to spend my money with an ease, I have bitcoins but in our country only few stores are accepting so I need to use my credit card.

My thoughts exactly. Why should we necessarily choose one or the other? Can't we use both whenever it's appropriate? Actually I am really against this "war" between Bitcoin and banks or between Bitcoin and fiat. I think that they may peacefully coexist.
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