Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 48. (Read 70016 times)
I already am using Bitcoin for transferring of money.I was using western union and then money gram but both have their limits and disadvantages whereas Bitcoin has just advantages as low cost,freedom and fast transactions.
Bitcoin is much more better than all these methods which are being used for money transfers right now.The above chart shows Bitcoin has huge potential and very big market in remittance.Bitcoin will dominate this remittance market in coming years.
When the bitcoin becomes popular and accepted in my shops like fiat. Will Western Union open the bitcoin transfer business?
Bitcoin has many advantages than WU has. If you want fast transaction you need to pay fees on WU.
Country to country transaction is too expensive via WU.
Country to country transaction is too expensive via WU.
Yeah WU charges a ridiculous fee. I agree that bitcoin is better in terms of fee.
But there is also the fact that bitcoin is without limits.
Which makes it better too.
I've recently had to use Western Union for money sent to me from a close by country. It was $200 and the fee was around $4 or $5. I got the money in the local office, just a block away. Yes Bitcoin may be faster but if you compare the exact same service, Bitcoin would be more expensive. Bitcoin is far from being "cash in a window" like I said in many posts. That's what people need, they can't use BTC.
Bitcoin can act as a bridge in the transaction but the Western Union has to remain the same to work, you send fiat they receive fiat, that's it and that's why it will always be better unless Bitcoin can manage to provide the same but cheaper and faster. It can't.
Bitcoin can act as a bridge in the transaction but the Western Union has to remain the same to work, you send fiat they receive fiat, that's it and that's why it will always be better unless Bitcoin can manage to provide the same but cheaper and faster. It can't.
Bitcoin has many advantages than WU has. If you want fast transaction you need to pay fees on WU.
Country to country transaction is too expensive via WU.
Country to country transaction is too expensive via WU.
The change is happening already ,several people avoiding wu with their high fees,soo on the next years we will see just bitcoin growing against others,as people will recognize the worth and potencial of bitcoin,it is getting mature ,soo in the short future we will see bitcoin getting bigger and maybe one day be the top against those others.
we all know that the year 2015 be good enough for bitcoin, one achievement is a rival and even beat western union in the number of transactions, but I think bitcoin is still losing in popularity of western union.
More people use Western Union. But in the future, when bitcoin is used by more people, the user number will exceed WU.
this sounds a bit retarded if some people are waiting for other to use bitcoin, to start use it also, why they simply don't begin to use it now
the fact is that many people don't even know about bitcoin or feel unsecure to use it
we all know that the year 2015 be good enough for bitcoin, one achievement is a rival and even beat western union in the number of transactions, but I think bitcoin is still losing in popularity of western union.
More people use Western Union. But in the future, when bitcoin is used by more people, the user number will exceed WU.
we all know that the year 2015 be good enough for bitcoin, one achievement is a rival and even beat western union in the number of transactions, but I think bitcoin is still losing in popularity of western union.
That is right. Western Union is used by 10 million people or more. Bitcoin is used by fewer people. In the next 5 years, there will be more bitcoin users.
we all know that the year 2015 be good enough for bitcoin, one achievement is a rival and even beat western union in the number of transactions, but I think bitcoin is still losing in popularity of western union.
When people can learn where to get btc debit cards that are accepted in their country AND can instantly deposit iinto the card
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
We already surpassed Western Union:
We are making progress. Next victims will be Paypal. I want to see Elon crying because he didn't get on Bitcoin when he could. He is the kind of person that needs to be humbled down for not fully respecting Bitcoin.
nice image i will put it on first page
i hope this year bitcoin could rival paypal, and be number 1 paymet in online store
FINALLY, guys! I see BTC getting over on Western Union. Still, concerningly enough, Visa and Mastercard have a LOT in this right now. I wonder when BTC is going to rise to that part of the graph chart? So far, so good. Paypal is still more, just yet, but I hope Paypal shrinks more and is run off from this chart along with WU. Discover Network is so sickeningly close that they are just getting ready to be our next victim if the Paypal doesn't get pwnt first.
Neither did I either, thought something like that as well.
Quote
Wow that's a nice stat. I never thought we were so close to paypal.
Always thought paypal had a revenue of 2/3 billion.
Always thought paypal had a revenue of 2/3 billion.
Neither did I either, thought something like that as well.
Bitcoin is growing and growing, what we are seeing is people are ditching paypal, wu for bitcoin.
This is a great new trend.
This is a great new trend.
One thing is well know bitcoin is growing has has made just 7 years others companys are several years at the market and well loosing slowly their costumers to bitcoin,wu cant compete against bitcoin today thats the big fact.
When people can learn where to get btc debit cards that are accepted in their country AND can instantly deposit iinto the card
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
We already surpassed Western Union:
We are making progress. Next victims will be Paypal. I want to see Elon crying because he didn't get on Bitcoin when he could. He is the kind of person that needs to be humbled down for not fully respecting Bitcoin.
Wow that's a nice stat. I never thought we were so close to paypal.
Always thought paypal had a revenue of 2/3 billion.
When people can learn where to get btc debit cards that are accepted in their country AND can instantly deposit iinto the card
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
We already surpassed Western Union:
We are making progress. Next victims will be Paypal. I want to see Elon crying because he didn't get on Bitcoin when he could. He is the kind of person that needs to be humbled down for not fully respecting Bitcoin.
When people can learn where to get btc debit cards that are accepted in their country AND can instantly deposit iinto the card
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
from an online transaction from their address where the btc was deposited by a family or friend to, they will really love btc.
I hope this will soon knock out Western Union. I hated WU every time I saw a kiosk for it or storefront anywhere. I know it is
used by millions of scamers and so forth. The fees are also bad too.
Bitcoin is far better than Western Union, for a lot of reasons. With Bitcoin you don't need to trust a third party that will charge you about 10% to allow you to do an international transaction...
This. the fee on Western Union is disgusting and for bitcoin the fee is small and you can do it online and can stay anonymous. bitcoin is better than western union.
Bitcoin is far better than Western Union, for a lot of reasons. With Bitcoin you don't need to trust a third party that will charge you about 10% to allow you to do an international transaction...
Ii will just take time for more people to realize the facts.
REALLY???
change from australian dollar to chinese yuan costs 9-10%
i done the same for australian dollar to indian rupee
again 9%
i also done it for american dollar to indian rupee and had 6%.. all of which gave the recipient far less fiat at the end that they would have got using western union
bitcoin still isnt perfect for remittance, not until the "spread" that brokers/traders buy and sell at is brought down to 0.25% or less each side.. which will never happen.. as thats just not good profit for someone to risk handing over bitcoin or fiat to someone wanting their service
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