if you use western union you have to give your identification then only you can send and receive the fiat currency. Their transaction charges are also high.
But in Bitcoins you dont have to disclose you identity. You have to just create a wallet and send the bitcoins to any address. through this bitcoins you can purchase goods online or you can convert it in to your fiat currency
Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 50. (Read 70016 times)
of course it is better bitcoin is the best currency in the world and i believe that it will soon replace all the currencies of the world what will mean a big price increase
That's a very nice infographic thanks. I saved it. ANd will use it to convert the others into bitcoin.
These kinds of infographics should be published too on bitcoin.org.
I would have to pick bitcoin. I've never used western union but it's commonly used for international transactions. I know people who are still using western union, every time that they tell me about it, I bring up bitcoin. They don't seem to understand how bitcoin works, they find it too complicated.
in todays scenario BITCOIN is far much better than WESTERN UNION. Their are many resons, like, the transaction chanrges ares low against western union,
the service is fast and secure in bitcoins, you can send to anyone anywhere withining lightning speed, you dont have to give your identification details for sending or receiving bitcoins. and it is easy to convert to any fiat currency
the service is fast and secure in bitcoins, you can send to anyone anywhere withining lightning speed, you dont have to give your identification details for sending or receiving bitcoins. and it is easy to convert to any fiat currency
100% this.
There is no payment gateway right now that can compete with bitcoin. Not now and I don't expect it in the future because
Bitcoin is the future...
Well western union transfers are almost instant comparing to bitcoin tx which can take from 10 min up to 3 days to be confirmed, but the low fee of bitcoin makes it better.
Are you kidding me bro? Western Union transfers are not instant bro it takes 24 to 48 hours for the credits whereas bitcoins transfers only takes fractions of minutes and the most important thing is the transaction costs which WU charges heavily on their customers and bitcoins fees are the lowest as far as I know and the credits are instant, ofcourse faster then WU so I think bitcoins is always a better option for online transfers as compared to WU.
Well western union transfers are almost instant comparing to bitcoin tx which can take from 10 min up to 3 days to be confirmed, but the low fee of bitcoin makes it better.
Western union acted at facebook to remove those images,i dont remember when but that is recent,wester is loosing some costumers to bitcoin,if those who left arent enought to they realize they need to change something well on the next years as bitcoins becomes mainstream we wont see wester union doing nothing besides cry.
Definitely... With BTC you don't need any ID documents as well, which you require for Western Union transfers... Also the recipient has to physically pick up the cash, while with BTC it's completely automatic and virtual.
The transaction fee of BTC can be lower than 0.0001 as well(can be zero too)... It's just that you bear the risk of a long confirmation time
Exactly. This is one of the reasons I love Bitcoin. The low fees and high payout amounts makes Bitcoin great for anyone.
Definitely... With BTC you don't need any ID documents as well, which you require for Western Union transfers... Also the recipient has to physically pick up the cash, while with BTC it's completely automatic and virtual.
The transaction fee of BTC can be lower than 0.0001 as well(can be zero too)... It's just that you bear the risk of a long confirmation time
Yes.
It is better than Western Union.
Bitcoin is the best among them all.
It is better than Western Union.
Bitcoin is the best among them all.
"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.
Yes bitcoin is way better than western union.
I would pick bitcoin over any service that there exists.
I would pick bitcoin over any service that there exists.
"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.
Yeah like having ATM for bitcoin so that you can just cash out your money otherwise is not that good if you can't cash out.
Well I hope that in the future will happen that there will be just ATM for bitcoin. They are, but not that much.
"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.
Bitcoin is better than western because you can here your bills,
joke explicito. lol
western union is a restaurant, unlike bitcoin; it cannot directly carry the stuff.
western union is a restaurant, unlike bitcoin; it cannot directly carry the stuff.
I'd definitely like to weigh in on this.
I work in an institution where we have clients living there for about a month or so, and often times they get Western Union transfers from their family for various expenses. Cigarettes and toiletries, things like that. They're not allowed to go out in the community themselves. WU is such a pain in the ass that I usually recommend that family members send cash through the mail rather than deal with WU. They need ID, a passphrase, and they take their fee of course. And the amounts that get sent to our folks are fairly small, like $20, and it's crazy to pay fees for that.
Bitcoin would be so much cheaper and faster and has such an advantage over WU, except...once the funds are transferred, now what? They have bitcoin on their cell phone and our local gas station doesn't accept it. The grocery store doesn't take it. What is my client supposed to do with it? There isn't a way that I know of to convert bitcoin to fiat quickly. And my point is that bitcoin has a great advantage over old school methods--it just needs to be adopted.
I work in an institution where we have clients living there for about a month or so, and often times they get Western Union transfers from their family for various expenses. Cigarettes and toiletries, things like that. They're not allowed to go out in the community themselves. WU is such a pain in the ass that I usually recommend that family members send cash through the mail rather than deal with WU. They need ID, a passphrase, and they take their fee of course. And the amounts that get sent to our folks are fairly small, like $20, and it's crazy to pay fees for that.
Bitcoin would be so much cheaper and faster and has such an advantage over WU, except...once the funds are transferred, now what? They have bitcoin on their cell phone and our local gas station doesn't accept it. The grocery store doesn't take it. What is my client supposed to do with it? There isn't a way that I know of to convert bitcoin to fiat quickly. And my point is that bitcoin has a great advantage over old school methods--it just needs to be adopted.
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