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Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 45. (Read 70016 times)

full member
Activity: 205
Merit: 100
January 29, 2016, 10:39:06 AM
of course, I prefer bitcoin than western union, I guess it was because of the use of bitcoin is easy and does not need a long time, meaning bitcoin can be received directly at home, while the western union to accept we have to go to the nearest office

Yeah and it also takes 24 to 48 hours for credits, but the bitcoin credits are instant and with less transaction fees, and bitcoin transactions are available 24/7 so if a person once tries with bitcoin, I am sure he will never prefer WU.
newbie
Activity: 7
Merit: 0
January 29, 2016, 08:38:32 AM
I had never worked with wester union ,because their fees i were an costumer of paypal ,now i belong to bitcoin,the thing is i had made my choise i can convert my bitcoins anytime with a user from here soo i dont see any interest at western at all why the hell people use it really?

All opinions about bitcoin different each people depends their necessary. But for myself i will choose bitcoin then western union because, bitcoin has multiple advantages for me
Bitcoin is far better than the western union. we can only say that the western union is transferring the money directly in cash same as bitcoins transaction but the transaction fees is very less in bitcoins and the bitcoins price always make people happy those who do trading with bitcoins.
legendary
Activity: 3346
Merit: 1618
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January 29, 2016, 07:59:33 AM
The large fees alone make WU inferior to bitcoin. Everybody says bitcoin will end PayPal once it becomes afopted more. I think WU 's existence is more threatened by bitcoin's emergence than PP.
legendary
Activity: 2758
Merit: 1004
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January 29, 2016, 07:38:36 AM
of course, I prefer bitcoin than western union, I guess it was because of the use of bitcoin is easy and does not need a long time, meaning bitcoin can be received directly at home, while the western union to accept we have to go to the nearest office
hero member
Activity: 672
Merit: 500
January 29, 2016, 07:24:33 AM
I had never worked with wester union ,because their fees i were an costumer of paypal ,now i belong to bitcoin,the thing is i had made my choise i can convert my bitcoins anytime with a user from here soo i dont see any interest at western at all why the hell people use it really?

All opinions about bitcoin different each people depends their necessary. But for myself i will choose bitcoin then western union because, bitcoin has multiple advantages for me
hero member
Activity: 560
Merit: 500
January 25, 2016, 03:18:25 PM
I had never worked with wester union ,because their fees i were an costumer of paypal ,now i belong to bitcoin,the thing is i had made my choise i can convert my bitcoins anytime with a user from here soo i dont see any interest at western at all why the hell people use it really?
hero member
Activity: 672
Merit: 500
January 25, 2016, 06:52:57 AM
western union is outdated

Yes the transaction with bitcoin is more and more better than western union, but for the facilities like western union is also required. As even in countries where illetracy persists, western union is well-known there and everyone use that. Bitcoin must also have to establish like that.



Yes bitcoin is better then the WU for sure, as bitcoin transaction involves transparency and with minimum transaction costs but the major problem with bitcoin is it is not widely spread like WU, and WU is more popular then bitcoin, and the awareness level of people regarding bitcoin is very less, that makes WU better form them then bitcoins.

Indeed, it all depends on each person. But the more people who like bitcoin transactions than transactions with western union.
hero member
Activity: 631
Merit: 500
January 23, 2016, 09:59:19 AM
western union is outdated

Yes the transaction with bitcoin is more and more better than western union, but for the facilities like western union is also required. As even in countries where illetracy persists, western union is well-known there and everyone use that. Bitcoin must also have to establish like that.



Yes bitcoin is better then the WU for sure, as bitcoin transaction involves transparency and with minimum transaction costs but the major problem with bitcoin is it is not widely spread like WU, and WU is more popular then bitcoin, and the awareness level of people regarding bitcoin is very less, that makes WU better form them then bitcoins.
legendary
Activity: 1652
Merit: 1057
January 23, 2016, 09:48:20 AM
western union is outdated

Yes the transaction with bitcoin is more and more better than western union, but for the facilities like western union is also required. As even in countries where illetracy persists, western union is well-known there and everyone use that. Bitcoin must also have to establish like that.

sr. member
Activity: 322
Merit: 250
January 21, 2016, 08:42:25 PM
If I we're to choose between fee's to pay between Western Union and sending Bitcoins, I'll go for Bitcoins since fees are so minimal, while in terms of accessibility, I'll go for Wester Union, maybe thats the reason why we are paying high fees with those remittance companies like WU
both have advantages and disadvantages of each, a lot of people who still survive and are happy to wear wu for the purposes of sending abroad, like me my family abroad, they could not use bitcoin,
member
Activity: 68
Merit: 10
January 21, 2016, 08:36:17 PM
If I we're to choose between fee's to pay between Western Union and sending Bitcoins, I'll go for Bitcoins since fees are so minimal, while in terms of accessibility, I'll go for Wester Union, maybe thats the reason why we are paying high fees with those remittance companies like WU
sr. member
Activity: 333
Merit: 256
January 21, 2016, 08:30:33 PM
western union is outdated
legendary
Activity: 1568
Merit: 1000
January 21, 2016, 07:58:19 PM
You still think it's better to send $450 one day and receive $370 the next one? What kind of company will afford to have those risk and volatility. No sane person will accept a transfer in Bitcoin, plus they won't be able to cash it anywhere, that's why Western Union is successful. I don't understand how this thread keeps going and going, there's no real research done. Go and open your own Bitcoin transfer company and see if you can keep up with 0 fees.

The only insane i see here is you,bitcoin can be converted at the same time of the transaction,the goal at bitcoin is we community buy and sell between us,that happen at exchanges,but to take it out to real world to get fiat well for me still being easy and fast i contact the person and he says how much he will pay based on the value of bitcoin on that time,soo i dont see what you see sorry.

You don't see that the thread is comparing apples to oranges. In order to provide the same service (fiat, cash in a window) a company using Bitcoin will be exposed to the same problems if not more compared to WU. That's why the service doesn't exists yet, because it's not profitable. I've received a transfer from Western Union some weeks ago, it was $200 USD, they charged the sender less than $10. I got two bills of $100 each in my hand.

Just do your math and see if the same procedure can be done via Bitcoin but cheaper. If you can find a way then you will become a millionaire and kick WU out of business.
hero member
Activity: 560
Merit: 500
January 21, 2016, 12:40:25 PM
You still think it's better to send $450 one day and receive $370 the next one? What kind of company will afford to have those risk and volatility. No sane person will accept a transfer in Bitcoin, plus they won't be able to cash it anywhere, that's why Western Union is successful. I don't understand how this thread keeps going and going, there's no real research done. Go and open your own Bitcoin transfer company and see if you can keep up with 0 fees.

The only insane i see here is you,bitcoin can be converted at the same time of the transaction,the goal at bitcoin is we community buy and sell between us,that happen at exchanges,but to take it out to real world to get fiat well for me still being easy and fast i contact the person and he says how much he will pay based on the value of bitcoin on that time,soo i dont see what you see sorry.
hero member
Activity: 994
Merit: 1000
January 21, 2016, 11:36:51 AM
Im so used to Bitcoin now that whenever I have to use some payment processor like WU I get so pissed off at the insane fees. I don't get why some people here is complaining about fees and wants a bigger block size when it's as cheap as it gets and very fast too.

Last week i sent relief fund worth of 500$ to france through western union I paid a charge nearly 15$ for that. these kind of things will not go with western union in future if bitcoin comes to all where in money transactions means I will go with that itself.
legendary
Activity: 868
Merit: 1006
January 21, 2016, 11:20:51 AM
Im so used to Bitcoin now that whenever I have to use some payment processor like WU I get so pissed off at the insane fees. I don't get why some people here is complaining about fees and wants a bigger block size when it's as cheap as it gets and very fast too.
full member
Activity: 182
Merit: 100
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January 21, 2016, 11:04:56 AM
I wouldn't use Western Union if you could throw me 100 feet away. Nope. I do not like WU. Too high of fees and you always have to go

downtown to turn in the MCTN to get money. Sure, the cash is nice to have, but you would often rather buy stuff online rather than

have the cash in hand more times than not. SOMETIMES, it might be OK to receive when you cannot get cash in any other way, but not

to send unless so urgent that there cannot be any other way out AND the per5son in question doubts or doesn't know btc.
sr. member
Activity: 476
Merit: 250
January 21, 2016, 08:17:57 AM
And western union can easily be hacked...
If you have seen, i have senn many hackers hacking western union money WU and selling them in change of btc..
Because they can't hack btc or they can't use stolen cards there..
The blockchain is too much secure than other all..
That's why they sell hacked WU transfer in change of btc..
And btc has fast transaction, lowet transaction fees, and open easy use, no government controls..

In terms of safety neither wins. If you proper secure your financial enviroment.
But the fees open character of bitcoin, makes it the best.

Yeah the fees are really cheap with bitcoin, but still not all of us can do that if you are trying to give someone money that don't use bitcoin so there is no point if doing it.

Oh well I think is at least some good things with bitcoin that is cheap and we can control our money.
sr. member
Activity: 308
Merit: 250
January 21, 2016, 08:06:30 AM
And western union can easily be hacked...
If you have seen, i have senn many hackers hacking western union money WU and selling them in change of btc..
Because they can't hack btc or they can't use stolen cards there..
The blockchain is too much secure than other all..
That's why they sell hacked WU transfer in change of btc..
And btc has fast transaction, lowet transaction fees, and open easy use, no government controls..

In terms of safety neither wins. If you proper secure your financial enviroment.
But the fees open character of bitcoin, makes it the best.
sr. member
Activity: 350
Merit: 250
January 21, 2016, 07:20:24 AM
People that are using bitcoins are so lucky, because of this the fee is low but still sometimes you need fiat because your family don't use bitcoin.
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