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Re: Bank or Bitcoin Wallet?
by
BitSquare
on 02/10/2016, 17:32:03 UTC
bank or bitcoin wallet? I think both have their own advantages and disadvantages. for security I prefer to the bank because it is proven safe. but to be able to get more profits, bitcoin wallet is very easy for it

That is my choice too I will not just going to choose only one but rather what I am going to do is use them both with their advantages. I like the services of banks for they are proven for a long time depending on the local bank that you are going to use and if something happened to your money you have assurance that they are eligible for it. But with bitcoin, when something happened to your bitcoin, the bitcoin wallet providers are not eligible for it.

If the banks accept the bitcoin and give you interest in saving with them, it is better to save the bitcoin in the banks.