me too, I get that. But we aren't sick of banks for mainstream sensible banking ie deposits, loans etc we are against banking for debasement of money, fractional reserve banking, risk taking derive ratios trading ect. I'm talking about returning banks to the original meaning. Plus I'm only talking about making the FRONT SHOP of banking normal and accessible to the masses, Bitcoin would be the foundation it's built on.



You know what, I'm just thinking aloud but if a bunch of large holders got together they really could make something like this happen. The thing is people here are hoping people will accept using money that disappears if they make a mistake or are hacked. not going to happen, this gives a user friendly face to what we all believe in here.

*You wouldn't have private keys, you would just have a bank account just like any other bank. It would be the banks job to insure its wealth, have comprehensive unhackble systems and wallets, risk shared around many wallets etc. let's professionals deal with security. Otherwise one little old lady loses their Bitcoin once they won't go back to it.

the above pics? The follow on FB/Twitter? The Store?

TELLS US!!!!!!

I thought the OP was going to sit people down and start talking to them about Bitcoin if they try to sell anything to them.

It could be a great strategy for Jehovah Witnesses and Mormons. Ok great tell me about your magical Mormon man and I will tell you about Bitcoin.

Its an obvious question but is there a bank backed by Bitcoin?


Imagine a bank you walk into or online that simply took your fiat and gave you whatever the value of Bitcoin was at that point gave you a monthly statement that said how many Bitcoin you own and the fiat value alongside it. It could work exactly like a bank so it therefore took guaranteed your deposit by keeping Bitcoin safe in offline wallets etc, paid interest charged interest for loans etc like any other bank does. I don't think the average person wants to worry about Bitcoin wallets and security, let the bank worry about it. My point is have everything looking like from the front a normal bank but back the fiat up with Bitcoin. I mean banks originally owned Gold to back up deposits, so why not use Bitcoin to do the same function.


I think people need the interface of a bank but one clearly stating they are Bitcoin backed would for some actually be quite attractive. e.g Greeks right now.


Has anyone tried it?

Absolutely brilliant!

In Asia many young people espeCialy females live on their mobile devices which are definitely getting bigger. Some phones I'm seeing are as big as tablets. My point is some of these kids are having their entire media life through these things, I would never think to watch a movie or really listen to music on my phone but they do and rarely do they ever use a desktop. I think in Asia young people tend to live with parents far later and like the privacy that their mobile gives them even more than in the West. I'm seeing most banking done on them even.

so my point is a whole ecosystem is possible, there isn't really a limit, movies, music, shopping etc. Amd you never need to go to desktop.

+1 if the team can pull it off why not?

I would like to hear something about the vision for the shop as it's not really been mentioned from the beginning. Are we talking selling Gems Tshirts/ stickers etc or a fully inbuilt commerce eBay site....or somewhere in the middle?

Having something to buy that's tangible to many average users is more important than we think. It's was the first question I was asked recently when describing the app.

I heard that Kim Dotcom is working on a new internet that is 100% encrypted, sounds very interesting. He does seem like a self publicist though, not sure I like him.

its a pointless question, its both.

The mainstream meme is that the blockchain is great and ok to like BUT the Bitcoin currency is BAD BAD BAD AND FOR DRUGS!!!!

A bit like saying roads are great but cars should be banned. Bitcoin WAS created as a currency. The brilliance of Bitcoin is the blockchain but it was built to serve the Currency.

Do we still need to be able to access our koinify account to get the benefits later of being part of the crowdsale?

Seems like there was some kind of update today. Personally I'm having no joy registering the app still.

Please go into detail how one goes about 'seizing Bitcoin'



*Are people aware that there are other countries in the world than America?

One you clearly don't know the lengths governments particularly the U.S. Gov would go to control the currency.
Two you seem not to understand the human race. Of course the average American citizen would choose the Government made coin. Do you really think the mainstream is that smart?

Bullshit does the UK Treasury think Bitcoin is a good idea. it's rat poison to them..

I don't know if there is a problem or not here but I will say something. FB has for a while become a very closed system, if you click on anything in FB instead of taking you off to view it FB now tends to make you view things within FB. This MIGHT be the reason for what is happening. basically FB wants to own the Internet.

I'm still unable to open the app, error message, client verification error.

I'm fine, there is no disaster I'll wait. It might only be three but its three in the last day and they say the same thing. My hunch is its not an app issue but possibly a registration issue which testers might not confront. With new security features there could actually be a ton is issues with certain people who's phone setting etc conflict with the checks it makes, anyway no worries.

I thought yesterday its 9pm Friday night in Tel Aviv, the team are youngish males, if they are coding and not not in some bar somewhere I would be more worried. 

I'm sure they know of the issue. On google play the last handful of reviews have said the new version is looping and not opening. I don't understand how this happens when you have testers?

Not that useful as I can't download and open the app. I'll wait and see if anyone else has problems. Its the first time I did so I'm thinking it might not just be me.