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Author Topic: Bitcoin Bank???  (Read 45582 times)
knowhow
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April 02, 2016, 02:26:06 PM
 #441

We are already our bank soo why would we just put our money into another bank?To they make a huge profits with it?We can do it by our hands ,really forget the thing about bitcoin bank is not going to work not now.
gtglener
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April 02, 2016, 02:34:28 PM
 #442

Currently banks are not adopting and accepting bitcoin, as they have not adopted any technology for the digital transactions, they are much busy with offline busines and other  financial affairs.
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April 02, 2016, 03:00:32 PM
 #443

Currently banks are not adopting and accepting bitcoin, as they have not adopted any technology for the digital transactions, they are much busy with offline busines and other  financial affairs.

That's not always true dude, because some online banks support and accept Bitcoin to deposit and withdraw as well, for example Payza and Neteller and Perfect Money, and we know this are full banking services
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April 02, 2016, 03:12:58 PM
 #444

I use Bitcoin mostly as i focus to this currency since a good amount of time
But in the same time i use banking services too
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April 02, 2016, 03:49:20 PM
 #445

And also if you have your own wallet and address, you can be your own bank.
Thats one of most important bitcoin advantages.
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April 02, 2016, 04:24:08 PM
 #446

And also if you have your own wallet and address, you can be your own bank.
Thats one of most important bitcoin advantages.
Yeah this is the one advantages of bitcoin but not all.. for now its impossible that bitcoin will be connect in any banks.. because the transaction is very slow now a days and i think they need to develop more or upgrade to speeding up miners to confirm fast..

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April 02, 2016, 04:44:14 PM
 #447

currently there are not bitcoin banks available in the world. and not even fiat banks accepting and support bitcoin. but we are not so far from that.. we have bitcoin debit cards, we have bitcoin atm machines, and we will get bitcoin banks also. 
delliaerd
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April 02, 2016, 04:52:17 PM
 #448

currently there are not bitcoin banks available in the world. and not even fiat banks accepting and support bitcoin. but we are not so far from that.. we have bitcoin debit cards, we have bitcoin atm machines, and we will get bitcoin banks also. 

Yeah bitcoin debit cards and bitcoin atm machines, it is not impossible that will be there bitcoin bank.
But I think bitcoin wallet is enough to safe our balance. Correct me if I am wrong.

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April 02, 2016, 05:10:58 PM
 #449

currently there are not bitcoin banks available in the world. and not even fiat banks accepting and support bitcoin. but we are not so far from that.. we have bitcoin debit cards, we have bitcoin atm machines, and we will get bitcoin banks also. 

Yeah bitcoin debit cards and bitcoin atm machines, it is not impossible that will be there bitcoin bank.
But I think bitcoin wallet is enough to safe our balance. Correct me if I am wrong.
im pretty sure that there might be banks though theres no need of them as you can be a bank with your bitcoin wallet yourself

as far as i know there are no banks connected with bitcoins yet but if there will be any of it i doubt that anyone will use it

 
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n0ne
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April 02, 2016, 05:52:41 PM
 #450

currently there are not bitcoin banks available in the world. and not even fiat banks accepting and support bitcoin. but we are not so far from that.. we have bitcoin debit cards, we have bitcoin atm machines, and we will get bitcoin banks also. 

Yeah, we users have got all features provided by a bank. Soon we can expect a bank, but this bank acts to be a reserve for our bitcoin. It doesn't work as our country banks.

knowhow
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April 02, 2016, 09:49:40 PM
 #451

We dont need banks we can store our coins and do anything with our money,why would we want a bank to hold our coins?Bitcoin is decentralized ,bank would kill the concept.
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April 03, 2016, 03:08:19 AM
 #452

We dont need banks we can store our coins and do anything with our money,why would we want a bank to hold our coins?Bitcoin is decentralized ,bank would kill the concept.

But only if banks come into existence, more people would know about bitcoin and continue adoption. At least for this reason bitcoin bank is needed.

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jerowacik
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April 03, 2016, 03:12:52 AM
 #453

We dont need banks we can store our coins and do anything with our money,why would we want a bank to hold our coins?Bitcoin is decentralized ,bank would kill the concept.
how banks work will not kill the concept of bitcoin. bitcoin bank will make bitcoin is more secure and reliable. with their bank bitcoin users will be increased and will be very easy to use bitcoin.
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April 03, 2016, 05:06:24 AM
 #454

We dont need banks we can store our coins and do anything with our money,why would we want a bank to hold our coins?Bitcoin is decentralized ,bank would kill the concept.
how banks work will not kill the concept of bitcoin. bitcoin bank will make bitcoin is more secure and reliable. with their bank bitcoin users will be increased and will be very easy to use bitcoin.

Really?  Roll Eyes

More secure and reliable when they run away with all the deposits, right?

But only if banks come into existence, more people would know about bitcoin and continue adoption. At least for this reason bitcoin bank is needed.

 Sad Bitcoin banks will boost adoption? How many adoptions do you see happening at investor-based games section? That is where these banks belong.

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April 05, 2016, 11:06:20 AM
 #455

We dont need banks we can store our coins and do anything with our money,why would we want a bank to hold our coins?Bitcoin is decentralized ,bank would kill the concept.
how banks work will not kill the concept of bitcoin. bitcoin bank will make bitcoin is more secure and reliable. with their bank bitcoin users will be increased and will be very easy to use bitcoin.

If the banks are regulated like the conventional banks, it will be very secure. I will deal with them.
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April 05, 2016, 11:08:48 AM
 #456

a bitcoin bank would change everything really think about all the possibility
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April 05, 2016, 11:18:49 AM
 #457

We dont need banks we can store our coins and do anything with our money,why would we want a bank to hold our coins?Bitcoin is decentralized ,bank would kill the concept.
how banks work will not kill the concept of bitcoin. bitcoin bank will make bitcoin is more secure and reliable. with their bank bitcoin users will be increased and will be very easy to use bitcoin.

If the banks are regulated like the conventional banks, it will be very secure. I will deal with them.
don't you think any online wallets are like a bank? you store the bitcoin on their website,and then you can take the money whenever you want,and the different is just about privkey,conventional banks can't import a bank account neither transfer nor merge and don't have address

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BitcoinSupremo
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April 05, 2016, 11:23:13 AM
 #458

Bitcoin is created to avoid banks in the first place. Owning your private key IS owning your own bank. In case of desktop wallets, owning the seed or wallet.dat is the same. A bank is and always will be bad to bitcoin as they ask all kind of things about you and what you do with your money. While bitcoin itself is pseudo anonymous it can be made anonymous if the user knows what to do. So yeah Bitcoin is much better and don't need any bank to operate it or whatever.
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April 05, 2016, 11:26:58 AM
 #459

a bitcoin bank would change everything really think about all the possibility
Bitcoin banks aren't that different from regular banks.

You still have a third party having control over all the coins you store there.

People hold Bitcoin because they want to have full ownership over their coins. Even a Bitcoin bank can't offer that.

BSV is not the real Bcash. Bcash is the real Bcash.
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April 05, 2016, 11:58:55 AM
 #460

a bitcoin bank would change everything really think about all the possibility
It would be terrible! The bank would start lending out more money than it has, they even managed to do that with gold. Bitcoin will turn into fiat, and bankers will get rich. Two reasons not to do it.
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