Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 46. (Read 70016 times)
I think yes, because bitcoin is easier to use, faster and cheaper
I would choose bitcoin over western union any day.
Transaction times are way faster then any other money transfer service out there.
Transaction times are way faster then any other money transfer service out there.
Bitcoin is way better than Western Union, because of low fees. It's possible to send much lower amounts without fees eating you up.
I say yes, bitcoin is better, because people will like the transaction fee from bitcoin than western union that cost much.
If the price of bitcoin will stay at a low level the transaction fees probably will be increased but i hope will not be too much. The transaction fee is about $0.1 for each transaction for bitcoin. But if you add all the exchange cost, it could be higher.
I say yes, bitcoin is better, because people will like the transaction fee from bitcoin than western union that cost much.
If the price of bitcoin will stay at a low level the transaction fees probably will be increased but i hope will not be too much. The transaction fee is about $0.1 for each transaction for bitcoin. But if you add all the exchange cost, it could be higher.
I say yes, bitcoin is better, because people will like the transaction fee from bitcoin than western union that cost much.
If the price of bitcoin will stay at a low level the transaction fees probably will be increased but i hope will not be too much. 
Bitcoin is better that Western Union in transferring small amounts abroad and with very low fees.
But with big amounts, one should choose a time that has stable prices because if the btc value declined rapidly and suddenly during the transaction and exchanging it , it will be a loss and WU would be better in this case
But with big amounts, one should choose a time that has stable prices because if the btc value declined rapidly and suddenly during the transaction and exchanging it , it will be a loss and WU would be better in this case
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..
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..
Yea.. bitcoin transaction is at low fees..
And that market user comparison,
Western Union, Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
And that market user comparison,
Western Union, Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
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.
Interesting, I had not realized that Bitcoin had surpassed Western Union already. But in hindsight I am not surprised, we have much higher expectations for bitcoin than beating western union at their own game.
The future of bitcoin after the mine ends hasnt yet a project or anything related about it,sure people are interested into the present and those future that should take some more years are not the big concern,but something must be talked about that day.
I say yes, bitcoin is better, because people will like the transaction fee from bitcoin than western union that cost much.
If the price of bitcoin will stay at a low level the transaction fees probably will be increased but i hope will not be too much. Yea.. bitcoin transaction is at low fees..
And that market user comparison,
Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
And that market user comparison,
Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
Yeah and still there are many people who are not aware that bitcoin is also used for remittance purposes so they are still using WU and paying high fees, once they are well aware about the bitcoin remittances I am sure they would switch from WU to bitcoins as the services offered by bitcoin involves minimal fees.
I don't see WU as a competitor for bitcoin.
Only CC companies hold a much larger revenue then bitcoin. So beating them in revenue and volume is our main concern.
Banks etc. are not really a competition because for the coming years we need them.
Only CC companies hold a much larger revenue then bitcoin. So beating them in revenue and volume is our main concern.
Banks etc. are not really a competition because for the coming years we need them.
If the credit cards also adopt bitcoin in its payment option, there is no need to beat the credit card company. We already have bitcoin credit cards.
bitcoin can be used for anything, that excess bitcoin than others
Yea.. bitcoin transaction is at low fees..
And that market user comparison,
Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
And that market user comparison,
Visa and other cards had years of time to grow,
And bitcoin has just started..
Wait some years...
When all people will know about bitcoin and for banks of bitcoin..
I m sure bitcoin will be in top 5 if it happens in 10 years period..
I say yes, bitcoin is better, because people will like the transaction fee from bitcoin than western union that cost much.
I don't see WU as a competitor for bitcoin.
Only CC companies hold a much larger revenue then bitcoin. So beating them in revenue and volume is our main concern.
Banks etc. are not really a competition because for the coming years we need them.
yeah WU is not a good competitor, because WU getting old and unused,Only CC companies hold a much larger revenue then bitcoin. So beating them in revenue and volume is our main concern.
Banks etc. are not really a competition because for the coming years we need them.
many people have switched from WU
now competitors bitcoin is another digital currency, or any other payment options such as PayPal
if WU discovered that someone is laundering the money or scamming this way, then WU is still possible to sue the scammer/launderer to help victims to get back the money scammed using the evidence in the WU.
ofcourse i agree
bitcoin is better than western union
but bitcoin is not possible to get traced, so scamming or laundering goes easier; though bitcoin allows underage users. bitcoin is better than western union
ofcourse i agree
bitcoin is better than western union
bitcoin is better than western union
I don't see WU as a competitor for bitcoin.
Only CC companies hold a much larger revenue then bitcoin. So beating them in revenue and volume is our main concern.
Banks etc. are not really a competition because for the coming years we need them.
yeah WU is not a good competitor, because WU getting old and unused,Only CC companies hold a much larger revenue then bitcoin. So beating them in revenue and volume is our main concern.
Banks etc. are not really a competition because for the coming years we need them.
many people have switched from WU
now competitors bitcoin is another digital currency, or any other payment options such as PayPal
Jump to: