yes of course bitcoin is better than western union,in some case,bitcoin have more benefit than WU.
and otherpost on this forum post infographic that bitcoin have more transaction than Western Union.
Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 52. (Read 70016 times)
I wouldn't talk about superiority of anything because everything is still the scope is a little different. Yet the sphere of the bitcoin while more speculative and investment and only a small proportion of rooms and the transactions between actors.
Sure i think those countries that has a very poor people makes no sense for them pay a high fee ,with it they could buy some food.I had never tryed wester i searched and when i saw fees i thinked hell who will i make rich with those fee?Bitcoin allows me to send money to my brother anytime and well he can convert it or hold it as he wanna,will never use wester.
In my opinion, yes, bitcoin is better than WU.
I know it from my personal experience.
I tried to send funds to my friend in Nepal but they can't open paypal and also he lives in small village very far from Western Union office.
So, on the end i asked him to open Bitcoin wallet and send him bitcoin.
They have also problems with luck of electricity and Internet sometimes but still bitcoin is the best solution for them
I know it from my personal experience.
I tried to send funds to my friend in Nepal but they can't open paypal and also he lives in small village very far from Western Union office.
So, on the end i asked him to open Bitcoin wallet and send him bitcoin.
They have also problems with luck of electricity and Internet sometimes but still bitcoin is the best solution for them
same for me used 3 times western union to send some cash to my girlfriend in Philippines
but i told her to open bank account , to have less fees
but sins i have some bitcoins income i wanna use that but problem had to change btc to eur than send to bank convert to php
did not look good
after i found this https://coins.ph , you can change btc into peso at market price and cash it out at bank terminal, that s is cool
and i notice you can pay bills directly in bitcoin with the site, load the phone, internet cable insurance ..
in belgium i think you can still do nothing with bitcoins
but i told her to open bank account , to have less fees
but sins i have some bitcoins income i wanna use that but problem had to change btc to eur than send to bank convert to php
did not look good
after i found this https://coins.ph , you can change btc into peso at market price and cash it out at bank terminal, that s is cool
and i notice you can pay bills directly in bitcoin with the site, load the phone, internet cable insurance ..
in belgium i think you can still do nothing with bitcoins
Bitcoin is really good for people who transfer money to other country.
But for people who don't use bitcoin and don't know how will western union is oke. But that is true that bitcoin is better for the low fees, but we will see it the future what will happen with the fees.
But for people who don't use bitcoin and don't know how will western union is oke. But that is true that bitcoin is better for the low fees, but we will see it the future what will happen with the fees.
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
in future im sure 1satosi is enough for fee
I do not know, I am not that confident in Bitcoin reaching the huge prices some people is expecting. And if that is not the case, I think it would be hard to keep such a low fee, if even with the 10k fee we have had delays (because of the spam attacks), imagine what would happen if it were just 1 satoshi!
The fee will rise in the future to meet the mining cost and profit. The the fee is determined by the cost in the future. Maybe 0.1 bitcoin for the whole block.
Well i didnt used wester union till today and im using bitcoin even when there is no place to spend them at all.
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
in future im sure 1satosi is enough for fee
You are right. Either bitcoin goes to higher prices and the transactions fees may come to 1 satoshi or a fraction of it also enough in future, or more number of transactions volume in a bigger blocks will make miners to race to pick the transactions even with very small mining fees.
As you were mentioned in both the cases, the fees required for bitcoin transactions will be reduced to almost one satoshi also. So bitcoin will be more better than Western Union in our near future. I believe bitcoin will completely replace Western Union in each and every country.
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
in future im sure 1satosi is enough for fee
You are right. Either bitcoin goes to higher prices and the transactions fees may come to 1 satoshi or a fraction of it also enough in future, or more number of transactions volume in a bigger blocks will make miners to race to pick the transactions even with very small mining fees.
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
in future im sure 1satosi is enough for fee
I do not know, I am not that confident in Bitcoin reaching the huge prices some people is expecting. And if that is not the case, I think it would be hard to keep such a low fee, if even with the 10k fee we have had delays (because of the spam attacks), imagine what would happen if it were just 1 satoshi!
the people running the spam attacks also run the risk of being exposed and im sure that would be pretty easy considering the amount of spam trail they are letting off
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
in future im sure 1satosi is enough for fee
I do not know, I am not that confident in Bitcoin reaching the huge prices some people is expecting. And if that is not the case, I think it would be hard to keep such a low fee, if even with the 10k fee we have had delays (because of the spam attacks), imagine what would happen if it were just 1 satoshi!
No doubt about it. bitcoin is really better than western union. as western union has so high transaction fees.. unlike bitcoin. so cheap. fast and less hassle. so i never use westeern union after i know about bitcoin.
we will wake up one day soon and these money transfer companies wont even exist
forget about a stock price fall they will just evaporate
most of the kiosk's will immediately roll out a Cryptocurrency sign but half
of them will still go belly up on the same day as the parent companies,
in Developed countries they already have automated Stations so obviously
it wont be much of a problem there
forget about a stock price fall they will just evaporate
most of the kiosk's will immediately roll out a Cryptocurrency sign but half
of them will still go belly up on the same day as the parent companies,
in Developed countries they already have automated Stations so obviously
it wont be much of a problem there
Where I live, that fee is about 1 day of work for a minimal wage person.
And I`m sure people dont like to waste 1 day of their precious lives on some banksters.
And I`m sure people dont like to waste 1 day of their precious lives on some banksters.
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
in future im sure 1satosi is enough for fee
There are two points to consider:
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
1. If we stay with small blocks, fees will eventually grow and Bitcoin will lose part of its advantage.
2. It depends on the country. If the only option you have is to buy/sell the Bitcoin at the shitty prices offered in localbitcoin, think about it once again, because you will probably end up paying more in fees than on Western Union.
If the size of blocks increases and Bitcoin reaches massive adoption, yes, it will be way better than Western Union, with no further discussion.
I was reading the two images comparing bitcoin and wester at facebook i didnt know that we couldnt express anymore our opinion,people do soo many things has someone has made with bitcoin and wester that sounds more they scared about what would those make and the market react to it.Bitcoin will replace western union as long as achieve mainstream,faster ,better and everywhere,at the moment western is alive but the question is till when?They cant compete agains bitcoin or other crypto coin stable.
B2B/B2C -world no everyone sellers accept bitcoin, they use western union 
One good thing that will make bitcoin stand the test of time is the affordability that it is bringing into the entire trading and general economy of the world. Lots of financial institutions have been enjoying the monopoly and all I can say is the time has come to roll the cheapest reliable and safest way to send money. People who are against the bitcoins are aware that it is bringing a big competition to the trading field. Team bitcoins till the end.
The big status quo of payment processors is scared as hell because Bitcoin is going to make them useless and deprecated by superior technology. All those companies that don't adapt (and by adapt I mean don't start using the Bitcoin blockchain as the skeleton of their system) are going to end up in bankruptcy in the next 10 to 20 years granted.
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