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Author Topic: Cryptocurrency Banks: needed?  (Read 525 times)
GamingBro
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February 06, 2018, 09:17:08 PM
 #101

Cryptocurrencies was created because people was tried of banking system and you asking about banks, really? Decentralization is the purpose so think about it.

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Clement Kaliyar
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February 06, 2018, 10:15:15 PM
 #102

One thing i can tell you straight is that we really do not need crypto currency banks,what is the need for a bank,everything started out because people are tried of the centralized banking system where they control everything and they do not care about the common investor,i really do not want to see any crypto banks either,because it makes no sense.
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February 09, 2018, 08:53:19 AM
 #103

There is no such thing as a decentralized Bank.

If we accept that, then crypto should never have a Bank.

The whole purpouse of cryptocurrencies is the noncommitment to states ..
This is a fact that no bank is decentralized, each and every bank is controlled by some authority whether it is state or some private authority. I don’t think so people are going to approve a crypto bank because again there all transactions, investments and all related things would be highly monitored.

Bank can also access their wallets without their permission. Crypto currencies are the symbol of liberty and banks are opponents of bitcoin and other virtual currencies. People are enjoying liberty with crypto coins.
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March 25, 2018, 02:44:44 PM
 #104

I don't think they are needed. Because we can protect our assets on our own. With the online wallets, we have right now that we own its private key, we don't need someone else to the safekeeping of our digital assets.

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