Topic: BITCOIN IS BETTER THAN WESTERN UNION ? - page 9. (Read 70016 times)
Bitcoin is much better than Western Union but it still needs lot more time to gain the trust of common man. The current number of Bitcoin users is climbing up steadily. There are large number of people who can't handle Bitcoin properly and have fear. I think old payment processors have no big immediate threat from Bitcoin though it is more cost effective and faster than those.
Western Union at best is a major ripoff.
Used them a couple of times as there was no other way to send funds quickly but since getting involved with bitcoin I've never been back to WU and doubt I ever will.
Used them a couple of times as there was no other way to send funds quickly but since getting involved with bitcoin I've never been back to WU and doubt I ever will.
nice to know it
im not have family in other country im never try use WU but im sure if more people know bitcoin,
Western Union will scared to lost
Back then when I don't even have a single idea about bitcoin my aunt used to send us money through western union or other means. With those means my aunt is opt to spend big amounts just for the money to be sent. But with the help of modern technklogy and also the invention of bitcoin it made the transaction of giving and spending money a whole lot easier. For me bitcoin is really much more easy to transact with other than WU or other means. I agree to the idea that WU are now in the situation of finding ways not be overcomed by bitcoin.
Western Union at best is a major ripoff.
Used them a couple of times as there was no other way to send funds quickly but since getting involved with bitcoin I've never been back to WU and doubt I ever will.
Used them a couple of times as there was no other way to send funds quickly but since getting involved with bitcoin I've never been back to WU and doubt I ever will.
nice to know it
im not have family in other country im never try use WU but im sure if more people know bitcoin,
Western Union will scared to lost
Back then when I don't even have a single idea about bitcoin my aunt used to send us money through western union or other means. With those means my aunt is opt to spend big amounts just for the money to be sent. But with the help of modern technklogy and also the invention of bitcoin it made the transaction of giving and spending money a whole lot easier. For me bitcoin is really much more easy to transact with other than WU or other means. I agree to the idea that WU are now in the situation of finding ways not be overcomed by bitcoin.
Sooner or later, bitcoin market capitalisation will catch onto WU and even Visa in my opinion, as more and more people realise that there is no need for a centralised banking system, and you can deal without the middlemen in your trades that are taking away a hefty cut of the sum of money you are sending to your relative overseas. There is already a good solution called bitcoin.
Once people realise that, businesses will implement bitcoin into their business model. People will send money overseas using bitcoin and saving time and money in the process. Even from third world countries where people don't have access to banks, now they have access to a fully functional banking system.
Bitcoin is the future.
Once people realise that, businesses will implement bitcoin into their business model. People will send money overseas using bitcoin and saving time and money in the process. Even from third world countries where people don't have access to banks, now they have access to a fully functional banking system.
Bitcoin is the future.
I am still wishing of a bitcoin type of world currency a peperless country/continent/worldwide. In which we all dictate our own faith to whatever we do with our money. Western union platform is very far from bitcoin and yeah i van say that bitcoin process is way much better
I think bitcoin is better than western union .Because bitcoin transaction fee is very low and easy to use . You can send / receive money where ever you are and anytime. And it is not hassle because you cannot go to the remittance center. Western Union the transaction fee is depends what amount you send and it is hassle because you can go to remittances center to send/receive payout. BITCOIN TRASACTION FEE IS THE SAME ANY AMOUNT YOU SEND .
When we compared about how much fees of both of them, sure bitcoin will win for this, no doubt about it. The fees of bitcoin transactions only less than 1 dollars ( depending amount of transactions ) my transactions usually around 20 until 150 dollars. It was a plus point to bitcoin.
maybe but there was a different between them I think that western union is a remittance center and bitcoin is a cryptocurrency. we can earn bitcoin with the help of the internet while in western union we are just sending our money to pay bills or to give money in our relatives out there.
Exactly, I don't know why people keep comparing two totaly different things like Bitcoin and Western Union and Bitcoin and PayPal. Like they don't know the difference between currency and money service.
But bitcoin provide the payment gateway too. We can send them around the world.
I think bitcoin is better than western union .Because bitcoin transaction fee is very low and easy to use . You can send / receive money where ever you are and anytime. And it is not hassle because you cannot go to the remittance center. Western Union the transaction fee is depends what amount you send and it is hassle because you can go to remittances center to send/receive payout. BITCOIN TRASACTION FEE IS THE SAME ANY AMOUNT YOU SEND .
maybe but there was a different between them I think that western union is a remittance center and bitcoin is a cryptocurrency. we can earn bitcoin with the help of the internet while in western union we are just sending our money to pay bills or to give money in our relatives out there.
Exactly, I don't know why people keep comparing two totaly different things like Bitcoin and Western Union and Bitcoin and PayPal. Like they don't know the difference between currency and money service.
But bitcoin provide the payment gateway too. We can send them around the world.
Too bad I feel sorry on saying this that western union is still better than bitcoin nowadays. Because they had a lot of customers throughout the world and those people doesn't have any knowledge when it comes to bitcoin or crypto currency. But I know one day they will be informed about bitcoin and will even try to use it for remittances.
As you said and I could conclude that western union have many customers because of many people still lack knowledge of bitcoin, but, it's have nothing to do with whether which one of bitcoin and WU is better.There's many services out there that poorly offered and have many customers meanwhile there's good services that only having low customers also exist, the amount of customers have nothing to do with the quality of the service providers.
People are comparing almost everything with bitcoin. And expect to see more comparison about bitcoin vs everything. But when it comes to service I do love both, I've got relatives that doesn't have knowledge with bitcoin and I don't have choice but to use WU when remitting and receiving money from abroad.
Yes me too. My relatives and friends that are used to send me or send them using Western Union are ok with them even though the charge are big. I already told me that the fee's are really huge and they should change the payment by using bitcoin. But I guess they don't to used bitcoin because they heard that bitcoin are used for dark webs so I don't force them anymore. The most important thing for them is that the money went to my account without hassle on their side. But from time to time, I tell them all about bitcoin and hope they chance their mind.
Remember they are a remittance center, if they will use bitcoin as a method of payment then they are just dragging themselves into the hole where they digged it alone. Lol, why are you guessing that they aren't using bitcoin, of course they don't because they are a remittance center of fiat.
maybe but there was a different between them I think that western union is a remittance center and bitcoin is a cryptocurrency. we can earn bitcoin with the help of the internet while in western union we are just sending our money to pay bills or to give money in our relatives out there.
Exactly, I don't know why people keep comparing two totaly different things like Bitcoin and Western Union and Bitcoin and PayPal. Like they don't know the difference between currency and money service. Western Union is money service that could also be used for transfering Bitcoins, the problem is that they don't support it yet.
So, you can compare Western Union with PayPal or Moneygram or Skrill but not with Bitcoins.
maybe but there was a different between them I think that western union is a remittance center and bitcoin is a cryptocurrency. we can earn bitcoin with the help of the internet while in western union we are just sending our money to pay bills or to give money in our relatives out there.
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.
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.
all will be shifted by a period, which is good and which is bad, of course, people who use the service will decide between western union or bitcoin to be in a superior right by its users
They will likely NOT be shifted after a period of time. There have been banks for hundreds of years. Bitcoin is better for sure - consider the speed of the transactions. Between banks these can happen in even 3 days and the fee is pretty high while a 3 day confirmation is probably around $0.07 in fees if you want to send a BTC transaction and get it confirmed in approximately 3 days. Bitcoin will always remain the superior one but not so many people know about it. If it gets popular, it's against the will of the governments. I guess this is why Bitcoin got rejected in the ETF poll and that's why the Chinese government is starting to investigate Bitcoin as much as they can, and to track the users and the money that's sent over BTC. Bitcoin's coverage is way smaller than WU's, so this is probably the only con.
maybe but there was a different between them I think that western union is a remittance center and bitcoin is a cryptocurrency. we can earn bitcoin with the help of the internet while in western union we are just sending our money to pay bills or to give money in our relatives out there.
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.
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.
all will be shifted by a period, which is good and which is bad, of course, people who use the service will decide between western union or bitcoin to be in a superior right by its users
Too bad I feel sorry on saying this that western union is still better than bitcoin nowadays. Because they had a lot of customers throughout the world and those people doesn't have any knowledge when it comes to bitcoin or crypto currency. But I know one day they will be informed about bitcoin and will even try to use it for remittances.
As you said and I could conclude that western union have many customers because of many people still lack knowledge of bitcoin, but, it's have nothing to do with whether which one of bitcoin and WU is better.There's many services out there that poorly offered and have many customers meanwhile there's good services that only having low customers also exist, the amount of customers have nothing to do with the quality of the service providers.
People are comparing almost everything with bitcoin. And expect to see more comparison about bitcoin vs everything. But when it comes to service I do love both, I've got relatives that doesn't have knowledge with bitcoin and I don't have choice but to use WU when remitting and receiving money from abroad.
Yes me too. My relatives and friends that are used to send me or send them using Western Union are ok with them even though the charge are big. I already told me that the fee's are really huge and they should change the payment by using bitcoin. But I guess they don't to used bitcoin because they heard that bitcoin are used for dark webs so I don't force them anymore. The most important thing for them is that the money went to my account without hassle on their side. But from time to time, I tell them all about bitcoin and hope they chance their mind.
Of course Bitcoin is any day better than western union, though this thread is really old I yet would say by now all would have understood how efficient Bitcoin is and I know at times it lags but that's fine. Overall it's very secure plus it's gives us the annoninity features which you can never have. No taxes need to be paid, and no one can ever find out if you use Bitcoins, like ever. You can send as low 10 cents and not even incur fees at times. I will choose Bitcoins over any currency anytime.
Well probably the very reason why bitcoin surpasses Western Union is because of its CONVENIENCE. Things nowadays are almost Electronic and internet based. And that's what Bitcoin is all about. Having Such busy living, we don't have time to go to places and waste time, effort and money just to send or receive payments. With bitcoin, you can send transactions easily by just clicking and you're done, no effort and time wasted.
Of course Bitcoin is any day better than western union, though this thread is really old I yet would say by now all would have understood how efficient Bitcoin is and I know at times it lags but that's fine. Overall it's very secure plus it's gives us the annoninity features which you can never have. No taxes need to be paid, and no one can ever find out if you use Bitcoins, like ever. You can send as low 10 cents and not even incur fees at times. I will choose Bitcoins over any currency anytime.
Too bad I feel sorry on saying this that western union is still better than bitcoin nowadays. Because they had a lot of customers throughout the world and those people doesn't have any knowledge when it comes to bitcoin or crypto currency. But I know one day they will be informed about bitcoin and will even try to use it for remittances.
As you said and I could conclude that western union have many customers because of many people still lack knowledge of bitcoin, but, it's have nothing to do with whether which one of bitcoin and WU is better.There's many services out there that poorly offered and have many customers meanwhile there's good services that only having low customers also exist, the amount of customers have nothing to do with the quality of the service providers.
People are comparing almost everything with bitcoin. And expect to see more comparison about bitcoin vs everything. But when it comes to service I do love both, I've got relatives that doesn't have knowledge with bitcoin and I don't have choice but to use WU when remitting and receiving money from abroad.
I think this time is not the time to send money through a third party (WU) because at this moment you can use bitcoin and send the money directly to quickly and easily
Every time is a good time to send money through WU for people. WU enjoys the advantage that you can walk into whatever WU point and make a deposit, where after that a person can pick up that money from an other WU point anywhere in the world in form of cash basically a few minutes later. It's a premium service that people are willing to pay for. Tell me, what alternative does Bitcoin offer in this case?
yes it's also easy online to sell with WU and get cash in hands, but for transaction that are sent to a stranger in the other part of the world they charge you up to $30 or more, which is crazy for me, with bitcoin i'll never pay so much even now that fee are so high
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