Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 60. (Read 70016 times)
I would choose both why? Because some thing the rate of currency is not same, sometime its better to remit in Western union than bitcoin, like yesterday I make remittances in Philippines the the rate is 1hkd=6.045 but in bitcoin is 1hkd=5.95 so I choose Western union rather than bitcoin.
Don't think anyone can deny at this point how much better BTC is than WesternUnion or Moneygram!
even though its not 0.01 cent, its still nothing compared to what you would pay for western union.
You are a blind fool. Soon transactions will cost several dollars if blocks are just 1 MB.
well the transfer fee isnt really $0.01 i currently have to pay 0.0002 per transaction which is like 8 cents but either way bitcoin is definetely better.
even though its not 0.01 cent, its still nothing compared to what you would pay for western union.The picture is a lie, with $0.01 of tx fee you wait MONTHS before the transaction gets confirmed.
Thanks Blockstream and 1 MB blocks.
thats a lie, im pretty sure bitcoin transactions get dropped after a couple days of no confirmations, even with 1cent it would take about a day for a miner to pick it up. Thanks Blockstream and 1 MB blocks.
The picture is a lie, with $0.01 of tx fee you wait MONTHS before the transaction gets confirmed.
Thanks Blockstream and 1 MB blocks.
Thanks Blockstream and 1 MB blocks.
This is not fair, you can't compare Western Union with Bitcoin.
Western Union is a service that allow us to transfering Fiat money, whilst Bitcoin sending a digital money.
Western Union is a service that allow us to transfering Fiat money, whilst Bitcoin sending a digital money.
Yeah, WU fees are quite ridiculous. Though in all fairness you could make the same argument with something like PayPal where you can send to friends and family for no fees, but obviously it falls flat in that it's very much centralized and also has quite high fees if you use it for commercial transactions. I think WU is going to get hit with a wakeup call very quickly.
but in real life people will rather choose western union, they just think its the safest way to send a money, WU will lead as a money transfer option for next 1 years probablyIt is quite optimistic to say bitcoin will lead money transfer in a year's time. I think it might be feasible in 10 year's time, depending on the wide adoption of bitcoin and its use in everyday purchase and usage in business. If bitcoin is used widely, it will also be used in remittance.
BTC needs to be introduced to those in the USA that speak spanish and send money south of the border each week.
Western union is a scam. In Argentina Bitcoin is growing daily with more and more people using it to edge against their forever depreciating national currency as well. 
Yeah, WU fees are quite ridiculous. Though in all fairness you could make the same argument with something like PayPal where you can send to friends and family for no fees, but obviously it falls flat in that it's very much centralized and also has quite high fees if you use it for commercial transactions. I think WU is going to get hit with a wakeup call very quickly.
but in real life people will rather choose western union, they just think its the safest way to send a money, WU will lead as a money transfer option for next 1 years probablyIt is quite optimistic to say bitcoin will lead money transfer in a year's time. I think it might be feasible in 10 year's time, depending on the wide adoption of bitcoin and its use in everyday purchase and usage in business. If bitcoin is used widely, it will also be used in remittance.
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Yeah, WU fees are quite ridiculous. Though in all fairness you could make the same argument with something like PayPal where you can send to friends and family for no fees, but obviously it falls flat in that it's very much centralized and also has quite high fees if you use it for commercial transactions. I think WU is going to get hit with a wakeup call very quickly.
but in real life people will rather choose western union, they just think its the safest way to send a money, WU will lead as a money transfer option for next 1 years probably 
Yeah, WU fees are quite ridiculous. Though in all fairness you could make the same argument with something like PayPal where you can send to friends and family for no fees, but obviously it falls flat in that it's very much centralized and also has quite high fees if you use it for commercial transactions. I think WU is going to get hit with a wakeup call very quickly.
Bitcoin is a cheaper way to send the money if you can convert fiat into bitcoin and convert bitcoin easily. You need local exchanges.
Right, difference between bitcoin and western union ia striking . Bitcoin is very advantage for me
Ofcourse, that Bitcoin is better than Western Union! First of all, the difference in cost is huge! Frequently we need transfer a small amount, for which WU taking around 15% commission, with larger amounts they take less - about 5% commission. Compared to the cost of transfers BTC it is robbery!
BTC needs to be introduced to those in the USA that speak spanish and send money south of the border each week.
For me bitcoin is fast than the other remitances then theres no fee to transfer or exchange it into money... unlike western union...
Bitcoin is the one of the very much potential competitor to Western Union nowadays. Bitcoin will do all the jobs of Western Union within a fraction of second and with very low fees too. There are lots of possibilities in upcoming days bitcoin will replace Western Union in all the countries.
the problem is "price"
yes this is very clear bitcoin better than western union especially the shipping cost is very low and you do not need to leave home to send to anyone 
Bitcoin is a cheaper way to send the money if you can convert fiat into bitcoin and convert bitcoin easily. You need local exchanges.
For me bitcoin is fast than the other remitances then theres no fee to transfer or exchange it into money... unlike western union...
Bitcoin is the one of the very much potential competitor to Western Union nowadays. Bitcoin will do all the jobs of Western Union within a fraction of second and with very low fees too. There are lots of possibilities in upcoming days bitcoin will replace Western Union in all the countries.
This is so great if you wanna sent money to your familly in X-mas. That is why BTC is the best.
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