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Re: Bank or Bitcoin Wallet?
by
edric
on 19/10/2015, 22:08:15 UTC
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.

It depends how much money we are talking about and what kind of wallet?  If it is a paper wallet locked in a secure fire safe vault guarded by an army then I'd say a wallet.  If it is a digital wallet, then a bank that is insured by the FDIC.  I think banks have a very different agenda from Bitcoin holders who are benefiting from the long term fundamentals of the currency.  Banks are direct beneficiaries of a fractional-reserve currency system.