First Ever Bitcoin Bank to be Opened in Switzerland?

[Snorek]

there isnt a need to control the wallet just need the adress to get the interest paid montly on it ,in this case they would create the wallet us just will be able to see balance ,,,soo the bank couldnt lend our btc to others without we know soo not worthy for a bank... get deposits and offer interest without being able to lend those same money between users lol

But as a Bitcoin user do we really need a bank? This is very logical question and I believe that majority of us would say a BIG NO that we don't need any bitcoin bank to keep our bitcoins safe as it is already safe and we are taking great care of its security as we take of our wife and our child lol 

I agree with your first point. As long as we know how to keep our coins safe, whatever the way you store it, there is no need for these 'banks'. They may charge larger fees for simple tasks, such as withdrawing, because how else would they survive? They'll need to make profit.

But anyways, looks like Bitcoin getting even more popular, and will grab even more people's attention, which is a good thing.

Yes and bank runs on the various charges they charge from their customers. Charges are basically the profits of the bank. If they don't charge they would need to shut down their bank. So why should we pay unwanted charges to bank if we are getting everything for least charges.

Charges and fees are not only and not the biggest part of banks revenues. Banks are taking your funds and use it for various operations, they basically invest your money and multiply them that way.
And now is my question, how exactly bitcoin ban would want to earn from that? You probably need to give that bank full control over your bitcoins, including private key and ability to use your coins as their please.
Are you really fine with that idea?

It depends if the Bitcoin bank is regulated to the same extent as regular banks. There are often mechanisms that ensure that customers of bankrupt/robbed banks get their money back up to a certain limit. Sometimes the state guarantees deposits up to a certain limit, and sometimes other mechanisms provide the same guarantee.

I would trust a Bitcoin bank with my private keys if the state guaranteed to return my Bitcoins if the Bitcoin bank went bankrupt.

Just like Banks of Cyprus guaranteed their customers that they would give all theirs money back? And eventually Banks frozen accounts of everyone and grab part of people's money to save Cyprus economy.
That is the problem with financial liquidity. It is always advertised as stable until it isn't. And you will never know. People need to be confident enough to manage their own money.

[SmartIphone]

there isnt a need to control the wallet just need the adress to get the interest paid montly on it ,in this case they would create the wallet us just will be able to see balance ,,,soo the bank couldnt lend our btc to others without we know soo not worthy for a bank... get deposits and offer interest without being able to lend those same money between users lol

But as a Bitcoin user do we really need a bank? This is very logical question and I believe that majority of us would say a BIG NO that we don't need any bitcoin bank to keep our bitcoins safe as it is already safe and we are taking great care of its security as we take of our wife and our child lol 

I agree with your first point. As long as we know how to keep our coins safe, whatever the way you store it, there is no need for these 'banks'. They may charge larger fees for simple tasks, such as withdrawing, because how else would they survive? They'll need to make profit.

But anyways, looks like Bitcoin getting even more popular, and will grab even more people's attention, which is a good thing.

Yes and bank runs on the various charges they charge from their customers. Charges are basically the profits of the bank. If they don't charge they would need to shut down their bank. So why should we pay unwanted charges to bank if we are getting everything for least charges.

Charges and fees are not only and not the biggest part of banks revenues. Banks are taking your funds and use it for various operations, they basically invest your money and multiply them that way.
And now is my question, how exactly bitcoin ban would want to earn from that? You probably need to give that bank full control over your bitcoins, including private key and ability to use your coins as their please.
Are you really fine with that idea?

It depends if the Bitcoin bank is regulated to the same extent as regular banks. There are often mechanisms that ensure that customers of bankrupt/robbed banks get their money back up to a certain limit. Sometimes the state guarantees deposits up to a certain limit, and sometimes other mechanisms provide the same guarantee.

I would trust a Bitcoin bank with my private keys if the state guaranteed to return my Bitcoins if the Bitcoin bank went bankrupt.

If bank bankrupts, maybe you will get back your money but a long time later, like bter.(exchange not a bank)

[coins101]

If they pay a decent rate of interest, then why not?

Centralization? Sure. Regulation? 100% bummer.

But on the flip side, what would a bank do with Bitcoin deposits? Lend them to people that don't have them? That would be my guess. So, let them drive adoption.

Wouldn't touch them myself; well not unless I had to get a really big loan to buy a beach hut on the other side of the planet.

[afriezalie]

If they pay a decent rate of interest, then why not?

Centralization? Sure. Regulation? 100% bummer.

But on the flip side, what would a bank do with Bitcoin deposits? Lend them to people that don't have them? That would be my guess. So, let them drive adoption.

Wouldn't touch them myself; well not unless I had to get a really big loan to buy a beach hut on the other side of the planet.

I think if bank lends the deposits to other people, it will be nice. Right now, there are many scam methods. One of them is borrow bitcoin without any valid collaterals and they never return it. Maybe bitcoin banks can solve this problem because banks have good collateral standart in credit application.

[knowhow]

banks invest sell buy coins ,custumers would be able to trace where they spend the money ,where investment is being make.... soo they couldnt anymore be the king.... soo lets say the black income they get would be more black would be very easy to tract it...they dont wanna those .... about management well like exchanges with the loans we would see our bitcoins but we should have to deposit them on some wallet ,that bank would use..... we would see just bitcoin virtual and not able to moove it instant makes no sense a bank at the moment.

[Clint]

Looks pretty legit, but I'm not surprised they have something like this already. Banks always make the most money! Remember that my friend.

[knowhow]

if the banck will act on just buy and sell of bitcoins would be good otherwise i guess no interest to deposit bitcoins into it