BITCOIN IS BETTER THAN WESTERN UNION ? - page 49.

samanas

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Quote from: knowhow on December 28, 2015, 01:48:03 PM

I had never used western union and i wont use their service as bitcoin can provide a better result .I know high fees being charged on the last years from others payment processors,and well bitcoin is a problem for the most.

If bitcoin can be used in many places, then there is no need to use Western Union. If not, Western Union can still be useful.

knowhow

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When i saw bitcoin is a problem for the most i mean those companies that charge high fees to let us buy or sell anything online.The market know about bitcoin but those who use these companies looks like wont change.

nerFohanzo

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Quote from: knowhow on December 28, 2015, 01:48:03 PM

I had never used western union and i wont use their service as bitcoin can provide a better result .I know high fees being charged on the last years from others payment processors,and well bitcoin is a problem for the most.

Bitcoin is a problem for the people who are not using it or who are not aware about the benefits of bitcoins, once they are aware about bitcoins and if they come to know the advantages associated with bitcoins I am very much sure they would never enter the door steps of WU as they are charging heavily on their customers and in fact they are cheating to their customers who are loyal with them since many years.

knowhow

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I had never used western union and i wont use their service as bitcoin can provide a better result .I know high fees being charged on the last years from others payment processors,and well bitcoin is a problem for the most.

GetClams.com

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Quote from: Blawpaw on December 24, 2015, 11:24:49 AM

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.

robelneo

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It will definitely happen when people see more atm bitcoin in every corner of the city or many store offline accept bitcoin in my opinion it will be incorporated by visa and master card we are now seeing visa and master card run atm accepting bitcoin so it will be just a matter of time

kyrios_

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so to summaries, mostly fees, faster transaction and no limits?

fox19891989

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hehehe... cool image...
i agree with you with that. and in western union.
you still need to go outside. and they will ask you everytime for
your idenitfication cards or something.
unlike in bitcoins. more faster, stressless, and so cheap.
that is why i really love using bitcoin.
even as for now transactions are taking longer than before.

Kevin77

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Quote from: knowhow on December 25, 2015, 08:50:28 AM

Bitcoins is great for big ammounts since there is no limit,and well the low cost is what is making the market start to change the processor they use to send money to family.Bitcoin has technology and a huge potencial to make wester or any other company that are present at the online market for years,loose their costumers to bitcoin,we will see bitcoin getting bigger year by year,if the others companyes dont try to offer a service to bitcoin they may close their doors ,on the next years.

Bitcoin is far more better than Western Union. When you make use of bitcoin you can deliver payments faster enough than Western Union which will take days to deliver. And when you make use of bitcoin, send and receive money almost without fees, but, with Western Union, you will pay lots of fees.

rienelber

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quote author=Blawpaw link=topic=1215911.msg13347023#msg13347023 date=1450974289]
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...

That sums it up. I just had my bank account frozen after someone hacked it, and it's a real pain to get my money back since they make a thousand demands (I must prove I didn't hack my own account LOL). So, lesser fees and no intermediary, that's what makes btc so great.

ACAB

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Seriously what kind of question is this? I checked Western Union rates today.
If you want to send 100$ you have to pay 15$ fee. If you want to send 1000$ then you have to pay 53$ fee. You have to even pay 305$ fee to send 7500$. You can send 7500$ worth of Bitcoin for just less than 1$. Yeah, Bitcoin is better than Western Union, Paypal and all other crooks.

bitcoinmar

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Quote from: ausbit on December 25, 2015, 03:23:37 PM

Quote from: Denker on October 21, 2015, 04:37:51 AM

Western union and money gram are sneaky thieves. They are low in transaction speed and the costs are higher the poorer the destination of the money is.
Of course Bitcoin is way more better and efficient than those services. But these companies exist since a long time and you can not make them disappear over night. It will happen but it will take some time.

We can't compare between Bitcoins and western money union at this time because western money union is serving in many remote areas too and they have business from long time. Where people trust it too.but at same time there are not all the people knows about Bitcoins and its benefits, its transfers speed.

You are absolutely right Western Union working for long time and have offices in many rural areas in our country peoples trust them even they are some expensive and bitcoin is still strange for them as they have not access to internet they need education and access to this system which need some good time

ausbit

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Quote from: Denker on October 21, 2015, 04:37:51 AM

Western union and money gram are sneaky thieves. They are low in transaction speed and the costs are higher the poorer the destination of the money is.
Of course Bitcoin is way more better and efficient than those services. But these companies exist since a long time and you can not make them disappear over night. It will happen but it will take some time.

We can't compare between Bitcoins and western money union at this time because western money union is serving in many remote areas too and they have business from long time. Where people trust it too.but at same time there are not all the people knows about Bitcoins and its benefits, its transfers speed.

ATguy

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Quote from: CrimBit on December 21, 2015, 07:24:05 PM

Quote from: iv4n on December 21, 2015, 11:33:14 AM

"For" better and "far" better is two very different things. I tried western union and their fees are way to big. I think WU is just better in one way , when u need to take money they have many offices in many towns. I think that is what btc needs easier way to cash out.

You can cash out your bitcoin every day everywhere , You need only Bitstamp account and bank account.
If all people in the world use bitcoin we can send money without think about "office" in each city.

Biggest point of Bitcoin is you dont need to cash out (exchange Bitcoin to fiat) because exchange between currencies cost you exchange fees and it is unnecessary middleman anyway. You may object not many shops accept Bitcoin righ now, this is true, but I see progress here.

Hellacopter

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Quote from: Blawpaw on December 24, 2015, 11:24:49 AM

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...

And also with bitcoin you don't have to submit your identification and your personal infos, as it's the way in Western Union. Really Bitcoin's better than using Western union in my opinion.

knowhow

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Bitcoins is great for big ammounts since there is no limit,and well the low cost is what is making the market start to change the processor they use to send money to family.Bitcoin has technology and a huge potencial to make wester or any other company that are present at the online market for years,loose their costumers to bitcoin,we will see bitcoin getting bigger year by year,if the others companyes dont try to offer a service to bitcoin they may close their doors ,on the next years.

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Quote from: Blawpaw on December 24, 2015, 11:24:49 AM

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...

Yes in terms on fee bitcoin is superior. But in terms of limits too.
With bitcon there are none. Paypal has monthly limits (2.5k per month), which is not a lot if you use it for many online purchases.

Blawpaw

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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...

jmintuck02

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I honestly wonder why the hell they have "SCAMWU" in Walmart. I feel sorry for the saps who go to Customer Service in Walmart for WU.

I feel terrible for people not aware of BTC and not using it like they should.

nejibens

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I think as Bitcoin can be converted into fiat easily, yes it's better than Western Union.
With western union you have to pay fee, wait several days sometimes (working ony in buisness days) and put your personal infos. With bitcoins you don't need this.

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