Quote from: Herbert2020 on May 11, 2016, 07:03:06 AM

Quote from: MyBTT on May 11, 2016, 06:53:55 AM

Quote from: Alaki on April 26, 2016, 03:55:51 PM

Quote from: bL4nkcode on April 26, 2016, 03:51:43 PM

And bitcoin has faster transactions than the bank and more secure I guess.

Neh, you're wrong. IMO, bitcoins aren't that secured as compared to bank. Bitcoins, if ever hacked, you loose 'em forever but it isn't the case with the banks.

What are you talking about? Bitcoin is definitely more secure than a bank. If a bank gets robbed, there goes all your money. If a bank gets hacked, there goes all your money. With Bitcoin, you can get a paper wallet and be completely safe.

what? really?
maybe it is like this where you live. but here when you put your money in a bank as a deposit they should protect it on their own. so it doesn't matter what happens if the bank is robbed or burned to the ground they still have to pay you back.

That's right, it is the responsibility of bank to protect the money of their depositors and if ever hacking or robbing happened to them.
They should still give the exact amount of depositors deposit to them.