Bank or Bitcoin Wallet? - page 73. | Bitcointalksearch.org

Ryananda

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Quote from: Strongkored on August 01, 2016, 07:45:34 PM

Quote from: ?? on ??

I don't think bank is going to try to accept bitcoins at all because they see it as a threat to the banking industry and to their system.
People are going to choose bitcoin rather than fiat money if they are going to know the essence of service of bitcoin. But if you are wise enough of course you are going to choose both.

I do not agree, because I think the bank will not be defeated in this competition. In any case the bank has an important role in financial terms for each country. Plus fiat will still be the belle of at any time, friend. Bitcoin can never replace fiat I guess, but it could be a second alternative after the fiat.

thanks

True bank will always evolve and always be able to keep up. Bank will create new changes and has always been a priority in the community. Although bitcoin will be on top of it just crypto and no more than a currency.

mirakal

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Quote from: Achargeturry78 on August 01, 2016, 09:09:09 PM

Quote from: oceanriver on August 01, 2016, 12:24:57 PM

of course a bitcoin wallet, i really dont like banks because of their big fees

it depends on banks you are using if you are from the philippines you have two choices where you want your card has no fees and the card has fees here in my country bitcoin wallet is the best (coins.ph) where you can withdraw your money thru banks , remitance centre and etc you can also withdraw your money via (egive cash) cardless where you don't need a card to withdraw your money from atm machine

That's good and that is part of the services of your exchange site, they have the best features and that is part of their marketing. I have check that site and they have a decent services so good for the people in the Philippines as you have that kind of exchange sites. Anyway, it is still better if you have a debit card so you can transact anytime you want and spend your money even in the malls.

Achargeturry78

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Quote from: oceanriver on August 01, 2016, 12:24:57 PM

of course a bitcoin wallet, i really dont like banks because of their big fees

it depends on banks you are using if you are from the philippines you have two choices where you want your card has no fees and the card has fees here in my country bitcoin wallet is the best (coins.ph) where you can withdraw your money thru banks , remitance centre and etc you can also withdraw your money via (egive cash) cardless where you don't need a card to withdraw your money from atm machine

Strongkored

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Quote from: ?? on ??

I don't think bank is going to try to accept bitcoins at all because they see it as a threat to the banking industry and to their system.
People are going to choose bitcoin rather than fiat money if they are going to know the essence of service of bitcoin. But if you are wise enough of course you are going to choose both.

I do not agree, because I think the bank will not be defeated in this competition. In any case the bank has an important role in financial terms for each country. Plus fiat will still be the belle of at any time, friend. Bitcoin can never replace fiat I guess, but it could be a second alternative after the fiat.

thanks

ubitcoin

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Quote from: 155UE on July 29, 2016, 02:00:25 PM

Screw the banks! They are thieves for charging so much in their services even if you don't want them. they force them upon you to use them. The fees one's pays per year is the amount you can spend on buying food for half a month. So they are literally taking food out of your and your families mouths.
Choose bitcoin wallet to keep your money i mean bitcoin in. Just don't use one that is connect to an exchange because we all know what happened with those in the past few years. Roll Eyes

Actually here banks never charge anything from us to keep the money and in fact they pay us interest to keep the money Grin

, but yeah due to the charges from gvernment and such and bitcoins being clean from any taxes, I choose bitcoins over banks.

Zoomer

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Bitcoin wallet is better way to save our money
no higher fees, full privacy

oceanriver

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of course a bitcoin wallet, i really dont like banks because of their big fees

chaser15

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Quote from: buyinbtc on August 01, 2016, 07:29:35 AM

Quote from: Akupuniard on August 01, 2016, 06:05:58 AM

Bitcoin wallet is good, but sometimes you need to use bank, it's can be anything but the most often reason is that bitcoins are illegal in your country.

yeah bitcoin wallet is the best thing possible right now though we still have to use the banks unfortunately, i hope that situation is going to be changed in the future

Are you sure about your desire? You didn't actually know what you are saying.

Can you tell us what is the effect if your desire will become true? Please support your claims.

I will wait.

sirohige

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for me bitcoin is more important than my bank, because with bitcoin i can growing my money, i can make money with holding it, the interest of bitcoin is higher than interest of bank.

TastyChillySauce00

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Quote from: Akupuniard on August 01, 2016, 06:05:58 AM

Bitcoin wallet is good, but sometimes you need to use bank, it's can be anything but the most often reason is that bitcoins are illegal in your country.

the reason of bitcoiners still use bank because they're still exchanging their bitcoin to money which need bank account to receive the money,bitcoiners can't get away from bank because it's the most simple way to receive money to be honest if you'd exchanging bitcoin

buyinbtc

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Quote from: Akupuniard on August 01, 2016, 06:05:58 AM

Bitcoin wallet is good, but sometimes you need to use bank, it's can be anything but the most often reason is that bitcoins are illegal in your country.

yeah bitcoin wallet is the best thing possible right now though we still have to use the banks unfortunately, i hope that situation is going to be changed in the future

Achargeturry78

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Quote from: madwica on July 31, 2016, 10:57:46 PM

For me i used both, i have bitcoin for my investment and sometimes i used this for paying my bills because there is a rebates in every transaction i made then i have bank account for my savings that i want to earn some interest with it and also for my future.

were same i prefered to use bitcoin wallet and banks , because i use bitcoins to grow or to trade into another coin so that i can grow my coins fast if you say 5% or 10% a month thats okay i also use bitcoin wallet to pay my monthly bills where it has no hasle because here in my country we can pay bitcoin as a payment on our montly bill i also use bank account to withdraw my bitcoin and deposit into my bank

Schuyler

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No matter how much praise we heap at bitcoin, we would always need banks. Banks still play a vital role in our everyday lives, unlike bitcoin which still has a long way to go towards being recognized by more people. I think bitcoin will find its way in banks in the future with the two co-existing in a nice way that brings a lot of benefits to the us, consumers.

Efemen

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Quote from: Akupuniard on August 01, 2016, 06:05:58 AM

Bitcoin wallet is good, but sometimes you need to use bank, it's can be anything but the most often reason is that bitcoins are illegal in your country.

Bitcoin is good for saving, but that is not good for borrowing. We still need banks that can lend us bitcoin.

techfm86

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Bitcoin wallet is a better option, despite needing improvement, because bank fees are too high. And there is the problem of centralization, which can endanger the funds of the users in some situations.

Akupuniard

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Bitcoin wallet is good, but sometimes you need to use bank, it's can be anything but the most often reason is that bitcoins are illegal in your country.

Kungfu45

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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.

In my country I must choose bitcoin and bank, I can't life if only use bitcoin, because not many merchant to support about bitcoin

JeffBrad12

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Quote from: ?? on ??

Quote from: avikz on July 31, 2016, 12:52:06 PM

If bank starts to accept bitcoin as payment method, will surely be revolutionary. It will drastically increase the acceptance of bitcoin to many people. It will increase the usage of bitcoin as well as it will help to grow the bitcoin fanbase.

However, your bitcoins will be tracked and you will be taxed for earning them.

I don't think bank is going to try to accept bitcoins at all because they see it as a threat to the banking industry and to their system.
People are going to choose bitcoin rather than fiat money if they are going to know the essence of service of bitcoin. But if you are wise enough of course you are going to choose both.

Bank it's not looking at bitcoin but the bank is looking for their system and the bank is exciting to adopt the system of bitcoin for now, and used by blockchain. they will never think about bitcoin because they have a fiat currency with balance form and like bitcoin can transaction in the digital world.

Imoote

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Quote from: ?? on ??

Quote from: avikz on July 31, 2016, 12:52:06 PM

If bank starts to accept bitcoin as payment method, will surely be revolutionary. It will drastically increase the acceptance of bitcoin to many people. It will increase the usage of bitcoin as well as it will help to grow the bitcoin fanbase.

However, your bitcoins will be tracked and you will be taxed for earning them.

I don't think bank is going to try to accept bitcoins at all because they see it as a threat to the banking industry and to their system.
People are going to choose bitcoin rather than fiat money if they are going to know the essence of service of bitcoin. But if you are wise enough of course you are going to choose both.

Not right bank will not lose with bitcoin. According to my bitcoin crypto just and good for investment. While the bank was a savings and be able to save money with a security guarantee. Both have clearly different if bitcoin wallet used to hold the money in my opinion is not appropriate because its function is only the investment.

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Quote from: madwica on July 31, 2016, 10:57:46 PM

For me i used both, i have bitcoin for my investment and sometimes i used this for paying my bills because there is a rebates in every transaction i made then i have bank account for my savings that i want to earn some interest with it and also for my future.

Bitcoins is good for investment and banks is better for savings, they have different role in our life to secure our assets, for me I have deposit my savings in different banks and those savings are for my future like emergencies and investment in real life, bitcoin on the other hand is better for investment base on the amount we can afford to risk because it has a great future.

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