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Topic: Bitcoin Is Better Than Any Banks And Any Other Third Parties - page 2. (Read 5001 times)

sr. member
Activity: 742
Merit: 250
Bitcoin Is Better Than Any Other Any Third Parties Banks And, I think this is quite true. Bitcoin is completely free, it was founded to serve the people. Bitcoin is traded without the control of the organization such as a bank or other financial institution. I think it's probably better that makes Bitcoin banks. Besides Bitcoin is also a pretty good economical reserves. However, at present, the cost of Bitcoin transactions are not low, it is increasing. Banks generally safer and less risky than Bitcoin because of the protection of the State. I think they should use both, Bitcoin and banks use cash because they can support each other
sr. member
Activity: 434
Merit: 250
Of course, I consider bitcoin is the best currency in the whole world. bitcoin can help me in my life. I can buy or sell easily from the internet. I don't need a credit card or banks or anything else, which it's obligate to paying taxs or doing annoying things.
It's simple to use, Send and recieve money is nice. with one click you can do that. There is other factor, for exemple bitcoin wallets are secures, personally i use two wallet: blockchain and xapo. which they are great wallet. One other thing, The transfer of bitcoin is untracked so you can enjoy this feature.
hero member
Activity: 1008
Merit: 501
bitcoin is really better compared to those 3rd parties and any other services regarding money transfer because in a few clicks we could able to transfer money without any hassle and compared to transfer times it might be slowed down if there spam in the network but if not transaction does confirm so fast.
besides faster certainly using bitcoin you would not be at intervention by any party because there is no control of anyone.
You are free to use bitcoin for anything without rules
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
For me: I can play poker online again, in America, without worrying that the Department of Justice will shut the site down, freeze my assets for three years, and make me jump through all manner of hoops to get it back. Basically, freedom from being robbed by my own government (always assuming that they're not willing to beat the password out of me, which I suppose is always possible. But things haven't gotten quite that bad yet).
hero member
Activity: 2590
Merit: 644
Bitcoin is the best payment system that i know as of now because it is fast and very cheap compare to the banks or any third parties, I believe that every people deserve to use bitcoin as their payment system because they can save a lot of money,time and also effort because they don't need to go to some places in order to do transactions because they just need internet and computer or even cellphone then they can do transactions easily.
sr. member
Activity: 756
Merit: 253
There's no doubt Bitcoin is better than western union and the others because it offers no verification before processing transactions therefore our privacy and anonymity is protected. Tge transaction fees are also less compared western union and moneygram.
sr. member
Activity: 812
Merit: 251
Certainly, Bitcoin has surpassed all those payment processors interms of low transaction fees, global money transfer without bureaucratic verifications.
full member
Activity: 126
Merit: 100
I may be better but,
You can never  predict.
Banks are always there on a safer side.
 You can always claim your cash back if any problem occurs.
In case of bitcoins if your wallet is gone,
It would be difficult to get it back.
All your hard work will go waste.
On the better side,
 transactions seem to be a bit easy in BTC.
There is very less scope of you not understanding something.
So here,
It can't say that which of the two are better,
Both are equally important.
hero member
Activity: 3010
Merit: 794
bitcoin is really better compared to those 3rd parties and any other services regarding money transfer because in a few clicks we could able to transfer money without any hassle and compared to transfer times it might be slowed down if there spam in the network but if not transaction does confirm so fast.
sr. member
Activity: 462
Merit: 250
Even with the higher fees we now have to pay for bitcoin to go through in a timely manner it is still much cheaper to send Bitcoin than it is to use traditional remittance methods like Western Union, that's for sure.

Western union, PayPal or other local exchanges will cost us too if we need to do as international transfers. Bitcoin will be the best options cross over this gap with the less and much faster to reach the concern wallet any where in the world.  Then if see any money method. Bitcoin is the only money which can act as money and money payment platform.
hero member
Activity: 1078
Merit: 514
Maybe I used wrong places, but actually my experience with transferring bitcoins into cash was costed the same 10% fees. First I payed to my bitcoin wallet to transfer bitcoins to an exchanger. Then I payed to exchanger to ecxhange bitcoins into my national money. Then I payed to exchanger again to move money to my another online wallet which works with my national money. And then I have payed to that site to transfer those money on my card. In sum it was ecxactly 10% fees. I don't like it a lot and would like to skip all of that somehow. Ideas?
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
Even with the higher fees we now have to pay for bitcoin to go through in a timely manner it is still much cheaper to send Bitcoin than it is to use traditional remittance methods like Western Union, that's for sure.
hero member
Activity: 840
Merit: 501
Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

Bitcoin sure is suitable for a global payment, just unfortnately bitcoin is still not really famous, so if the migrants sent using bitcoin, the family still need to convert to fiat, but in the future when everything can be bought using bitcoin then bitcoin will become perfect solution for sending money globally
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

Sending bitcoins is very fast and with just one click of the finger you have already send an amount to any parts of the world on which banks cannot do. Aside from that you will enjoy the interest rates of your bitcoin from the price inflation in the market while the banks doesnt give you sufficient interest rates. Bitcoin gives you 10$ to 50% or more yearly while banks has only 1 to 2 % in their time deposit.
although now its also become easy to send money using banks. but i think they have more formalities and you must have have to go to banks for dong that but when you are using bitcoin then you can do that even from your house and do not need to go to anywhere.
In reality bitcoin makes people lazy. Banks too have the access from anywhere availability same as bitcoin. Only for the deposit needs we need banks, other than that we can just sit in front of system and can make the necessary transactions with ease. Each at some point will be prioritized.
sr. member
Activity: 784
Merit: 250
Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

Bitcoin will always be better than any banks and any remittances, in terms of flexibility, the fees is very low and much more secured and safest way of sending money to your love ones in other countries.
hero member
Activity: 840
Merit: 500
I think yes, bitcoin is better than any banks because we can control our bitcoin,
many beneficial bitcoin than the banks or other third parties.
Include if we will send the money to other people with different countries,
bitcoin will be more fast, cheap than use banks and any other third parties.

Sending bitcoins is very fast and with just one click of the finger you have already send an amount to any parts of the world on which banks cannot do. Aside from that you will enjoy the interest rates of your bitcoin from the price inflation in the market while the banks doesnt give you sufficient interest rates. Bitcoin gives you 10$ to 50% or more yearly while banks has only 1 to 2 % in their time deposit.
although now its also become easy to send money using banks. but i think they have more formalities and you must have have to go to banks for dong that but when you are using bitcoin then you can do that even from your house and do not need to go to anywhere.
newbie
Activity: 22
Merit: 0
For me Bitcoin is better than banks for more than a year. In my city i can buy everything with Bitcoin.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
while choosing  a payment processor by comparing the transaction fees  yes bitcoin is the best alternate till now for the lowest transactions, anyway it still getting rising fees everyday because more and more people joining the bitcoin network and more and more new transactions are  taking place we need more miners or else the fees are going to reach the bank like situations
Im thinking the same thing too specially on fees on each transaction on bitcoin transfer because if there are lots of users miner fee will eventually go up too for your transaction to be put up on priority and as you said it will come to the point that it will reach out same on bank fees.I hope there would be a solution on this.
legendary
Activity: 1274
Merit: 1004
while choosing  a payment processor by comparing the transaction fees  yes bitcoin is the best alternate till now for the lowest transactions, anyway it still getting rising fees everyday because more and more people joining the bitcoin network and more and more new transactions are  taking place we need more miners or else the fees are going to reach the bank like situations
member
Activity: 70
Merit: 10
Exactly bitcoin is better than banks and any other parties but it really needs bank to cash it and exchanged it to fiat currency money most of the time. We must grab most of its opportunities while the price is still high and don't wait for the sudden fall because it may lowers down all your profit.
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