Wechat money is better than bitcoun? - page 2.

Hughes_Ryan

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Quote from: appleyard on July 06, 2018, 10:15:22 PM

Do you think wechat money is better than bitcoin this is widely use in china and other countries around china, and do you think that wechat money ia the reason why they dont need bitcoin?

I read an article that china are now closed to achieved the so called cashless country using this.

See this video. https://m.youtube.com/watcht=4s&v=cj2Fh8aX148

Wechat is only famous in China. But the demand for Bitcoin worldwide is much greater with the need to use Wechat. So Bitcoin is better than Wechat

Boldcom

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Quote from: appleyard on July 06, 2018, 10:15:22 PM

Do you think wechat money is better than bitcoin this is widely use in china and other countries around china, and do you think that wechat money ia the reason why they dont need bitcoin?

I read an article that china are now closed to achieved the so called cashless country using this.

See this video. https://m.youtube.com/watcht=4s&v=cj2Fh8aX148

https://image.ibb.co/cTZ6Ey/images_3.jpg

Every competitor always claims that they are better than the other. It’s a marketing strategy. It is part of doing business and helps in selling their product to the public. It is part of the game. They have this saying “Staying on top of your competitor's marketing tactics is key if you want to be ahead of the game”.

ahmad21

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Quote from: appleyard on July 06, 2018, 10:15:22 PM

Do you think wechat money is better than bitcoin this is widely use in china and other countries around china, and do you think that wechat money ia the reason why they dont need bitcoin?

I read an article that china are now closed to achieved the so called cashless country using this.

See this video. https://m.youtube.com/watcht=4s&v=cj2Fh8aX148

Well I smell some real foolishness on this post. How can you really compare these two things?? Wechat money is absolutely different from bitcoin. It is merely a digital wallet which acts as a median to transfer your fiat money. Its not a currency in its own but just a means of holding fiat currency obviously it will be faster because there is no real movement of money or anything. Any country can achieve cashless economy using this but they cant make economy fiatless using this as the mainstream method of payment will still the fiat of that country. And yeah just forget about payments abroad.

Rath_

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As far as I know, WeChat is widely used in big cities. I don't think that people on the countryside use it that much.

Quote from: LeGaulois on July 09, 2018, 01:30:41 PM

Edit: After searching for this service I see it's just a digital wallet, linked to a bank account or Visa/Mastercard card.

I am quite sure that WeChat doesn't work with non-Chinese credit/debit cards. That's why tourists have problems with using it. WeChat, as you mentioned, is also a messaging app which can be used for getting the latest news.

LeGaulois

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Isn't Wechat a Chinese messaging mobile app? If the company has a digital currency or a payment mean then it's centralized yes because a company wouldn't do a decentralized digital currency or a payment mean even as a second activity

Edit: After searching for this service I see it's just a digital wallet, linked to a bank account or Visa/Mastercard card. So you ca not compare with Bitcoin, the same as you can't compare an apple with an orange

Kingofbitcoin12345

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Honestly,, this is my first time knowing that wechat money exist and will try it out for sure.. I won’t take the risk on looking for it via search engine as chance of phishing link is all around.. So I’ll take time to wait for any opportunity it comes in my very face..

Nevertheless,, if it is true that it is centralized and controlled then the comparison of it to bitcoin isn’t an issue no more thence alongside that it’s not available worldwide.. Who’s the best?? It’s subjective and only a users can tell..

keycellko

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Nope, i dont think so. China is so afraid of bitcoins and cryptocurrency and they are doing everything to avoid its countrymen from using bitcoin because it is decentralized. They cannot contol it. China don't like it that they are not in control.

zakariajaki

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Quote from: appleyard on July 06, 2018, 10:15:22 PM

Do you think wechat money is better than bitcoin this is widely use in china and other countries around china, and do you think that wechat money ia the reason why they dont need bitcoin?

I read an article that china are now closed to achieved the so called cashless country using this.

See this video. https://m.youtube.com/watcht=4s&v=cj2Fh8aX148

interesting information I think all is well and when told to choose between bitcoin and wechat I will try both, the opportunity to learn and see which opportunities are more popular in the community one of them the validity of the safe and easier access it I prioritize it, I will try it seems interesting , may be useful and successful for all of us

opg777

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I do not think that wechat money will be so popular around the world, as I understand it's just a payment system (wallet) which are already many. Most likely it will be popular in China and near abroad. And bitcoin is already popular all over the world.

appleyard

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Quote from: Anti_greget on July 07, 2018, 01:24:33 AM

I disagree because I see the use of Bitcoin far wider than Wechat,

They only thinking their economy rather than thinking or developing a crypto currency that may use world wide. wechat money is so effective in terms of uses and only use in their country and nearby countries.

Anti_greget

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I disagree because I see the use of Bitcoin far wider than Wechat,

jossiel

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No. Wechat money, Alipay and other the same payment methods are centralized while bitcoin isn't.

Wechat money = China and nearby countries.

Bitcoin = world.

Quote from: appleyard on July 06, 2018, 10:15:22 PM

and do you think that wechat money ia the reason why they dont need bitcoin?

They are not yet ready to adopt it.

appleyard

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Do you think wechat money is better than bitcoin this is widely use in china and other countries around china, and do you think that wechat money ia the reason why they dont need bitcoin?

I read an article that china are now closed to achieved the so called cashless country using this.

See this video. https://m.youtube.com/watcht=4s&v=cj2Fh8aX148

Topic: Wechat money is better than bitcoun? - page 2. (Read 283 times)