Bitcoin Bank???

[mynameisdon]

firstly your bitcoin wallet is your bank.but if you are searching for those types of btc bank which gives you interest so i tell you there is no bank ever hope it will never come in future.because of its rate flexibility.so no one want to take risk.so bitcoin is limited with bitcoin trading.

[uname]

bitcoin banking is probably ponzi. simply because you are hardly earning a decent interest with the blocks halving, really man.
even with the mining, you won't gain a lot of interest in bank; again, halving.

nope. they can create a business of saving customers money, or lend to someone to make a profit

[fricircled]

bitcoin bank is quite possible. but we should be able to trust who manage it. with bitcoin bank system and we saved all there service provider (bank).

I hope all the banks will deal with bitcoin soon. If they are regulated and insured, I will save my bitcoin there.

[bitart]

bitcoin banking is probably ponzi. simply because you are hardly earning a decent interest with the blocks halving, really man.
even with the mining, you won't gain a lot of interest in bank; again, halving.

nope. they can create a business of saving customers money, or lend to someone to make a profit

Just like real banks do the same, the difference is only the currency. But what a major difference if your currency is BTC

[bitbaby]

bitcoin banking is probably ponzi. simply because you are hardly earning a decent interest with the blocks halving, really man.
even with the mining, you won't gain a lot of interest in bank; again, halving.

nope. they can create a business of saving customers money, or lend to someone to make a profit

OR they can simply pack their bags and leave when they have enough money of the noobs who don't think twice before sending money to these so called banks.

[Slark]

bitcoin bank is quite possible. but we should be able to trust who manage it. with bitcoin bank system and we saved all there service provider (bank).

I hope all the banks will deal with bitcoin soon. If they are regulated and insured, I will save my bitcoin there.

Have you seen how regulated and insured banks served people in Cyprus some time ago and more recently in Greece?
Some of peoples money were snatched, withdrawals limited and everything in the name of the greater good.
Financial liquidity is always advertised as stable until it isn't, don't be a fool and trust in everything what is 'insured'.

[Next BillGates]

i dont have faith in bitcoin bank but i have faith in blockchai  network and bitcoin wallets

[rogie07]

Bank again? Just like the regular currencies need a bank? If we need bank than why we create Bitcoin?

we need bank for bitcoins so we can regulate it..

[quentincole32]

Bank again? Just like the regular currencies need a bank? If we need bank than why we create Bitcoin?

we need bank for bitcoins so we can regulate it..

lol the thing make bitcoin special and different than any other currency , bitcoin is decentralized p2p payment means powered by its users , noone can regulate it.
it woouldn't work if you trying to regulate bitcoin by created bank for bitcoin.

[Blawpaw]

Coinbase works similar like a bank but I dont think they offer interests. However, you can loan your bitcoin on bitfinex and gain some interests

[Pattart]

bitcoin bank is quite possible. but we should be able to trust who manage it. with bitcoin bank system and we saved all there service provider (bank).

most people are greedy. when they hold more than 10k bitcoin from customers. I am not sure they stay afloat

[Herbert2020]

Coinbase works similar like a bank but I dont think they offer interests. However, you can loan your bitcoin on bitfinex and gain some interests

no they don't provide any interest. they are just an online wallet that you don't have the private keys.

and to my knowledge there is no place that is trustworthy as much as for example CoinBase that acts as bitcoin bank with interests.
there was this one exchanger called bter.com which did this and paid interest on deposits but it went under awhile back and robbed people

[Yakamoto]

Coinbase works similar like a bank but I dont think they offer interests. However, you can loan your bitcoin on bitfinex and gain some interests

no they don't provide any interest. they are just an online wallet that you don't have the private keys.

and to my knowledge there is no place that is trustworthy as much as for example CoinBase that acts as bitcoin bank with interests.
there was this one exchanger called bter.com which did this and paid interest on deposits but it went under awhile back and robbed people

Every place that acts as a bank will go under eventually in this system, there is basically no way for a Bitcoin bank to earn money and maintain the integrity of everyone's deposits at the same time. Bitcoin requires people to work or mine for their own slice of the pie, and there is basically no way to work around it.

[bitcoinboy12]

But the interest will be very low if they're going to have one which can easily be achieved if you placed your BTC elsewhere. Will the anonymity be removed, that is a no.

[MyBTT]

Bitcoin was made as a new currency and to avoid banks. Your Bitcoin wallet is pretty much your bank except you don't earn any interest from it.

[zerowing]

I'd love to cash my bc into dollars if they offer far better exchange rate. 

[crossabdd]

Coinbase works similar like a bank but I dont think they offer interests. However, you can loan your bitcoin on bitfinex and gain some interests

coinbase is just only wallet with web based, like xapo, circle, etc.
i think we never need bank for bitcoin, we are the owwner of bank, we can acces our wallet like we have bank. this is why bitcoin very special.

[blackmachinegun]

Coinbase works similar like a bank but I dont think they offer interests. However, you can loan your bitcoin on bitfinex and gain some interests

coinbase is just only wallet with web based, like xapo, circle, etc.
i think we never need bank for bitcoin, we are the owwner of bank, we can acces our wallet like we have bank. this is why bitcoin very special.

yeah seems Coinbase is a wallet. because we set the full. money we got there.
but I think. for diversity. we also need bitcoin bank. this is very interesting. we save money there and make a profit from the interest

[1Referee]

bitcoin banking is probably ponzi. simply because you are hardly earning a decent interest with the blocks halving, really man.
even with the mining, you won't gain a lot of interest in bank; again, halving.

Everything that promises you a certain interest can turn into a ponzi scheme at any time. Even if they had "good" intentions when they started. It's very simple, never let your coins be held by a third party. If that is your basic rule, then you will be just fine.

[FlyingSaucer]

I don't think there are any Bitcoin wallets currently that work not only as a payment processor but offer interest rates on top of holding your coins.