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Barbut
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September 19, 2016, 05:15:47 PM |
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You are your own bank, do you wish to take interest from yourself? On this example is easy to see how banks are similar to ponzi schemes. How much interest rate would be normal for you to accept to put your bitcoons somewhere? How can you be sure in that bank, is there any law for such bank to operate?
I think bitcoin is something you keep in your cold storage and wait price to rise, I think that is safest and most secure place for your bitcoins, everything else is possible scam, people will just take your money if you believe in some kind of bitcoin bank.
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Tatalk
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October 06, 2016, 12:35:16 PM |
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You are your own bank, do you wish to take interest from yourself? On this example is easy to see how banks are similar to ponzi schemes. How much interest rate would be normal for you to accept to put your bitcoons somewhere? How can you be sure in that bank, is there any law for such bank to operate?
I think bitcoin is something you keep in your cold storage and wait price to rise, I think that is safest and most secure place for your bitcoins, everything else is possible scam, people will just take your money if you believe in some kind of bitcoin bank.
If you hold the bitcoin to yourself, there is no interest to get. But it is much safer than depoiting with others. |
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Reid
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October 06, 2016, 02:49:57 PM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Dont you want the style of bitcoin? It moves very high and low so some people see this as a profitable way to make money. You can also cparebit with interest in banks and they wont win. Bitcoin can double it in just months, banks takes years. |
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RastMan
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October 14, 2016, 07:05:52 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Dont you want the style of bitcoin? It moves very high and low so some people see this as a profitable way to make money. You can also cparebit with interest in banks and they wont win. Bitcoin can double it in just months, banks takes years. That is to use the bitcoin as a trading tool. But for it to be a good currency, the price volatility should be low. |
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kryptqnick
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October 14, 2016, 10:00:55 AM |
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I may be wrong but I think Bitcoin Crypto Bank is something OP was asking about. It is a privately owned company operating on the Bitcoin trade market. They have more than 60 000 clients from all over the world. https://bitcoincryptobank.comAs for different countries, bitcoin is considered to be illegal in most of them. Australia is among rare exceptions. |
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Visin
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October 14, 2016, 10:26:27 AM |
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The main point of Bitcoin was to stay away from banks because of the obvious fact that they are just holding your money until they runaway with it.
You could start a Bitcoin bank..just watch out for people who want to come after you because they know that doesn't last.
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xIIImaL
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October 14, 2016, 10:28:16 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Dont you want the style of bitcoin? It moves very high and low so some people see this as a profitable way to make money. You can also cparebit with interest in banks and they wont win. Bitcoin can double it in just months, banks takes years. Please can share proof that bitcoin is doubles in every month. Its a incorrect information buddy You can use the bitcoin for its future potential value. To tell about the bitcoin bank. I know already Citi bank announces information that bitcoin worth have in banking sector shows that bitcoin will adopt soon in banking. |
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uname
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October 14, 2016, 10:50:06 AM |
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I think bitcoin bank will not be used here, because there is power in the wallet purse which is in the holder itself and not on third parties
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caxandra
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October 15, 2016, 10:26:00 AM |
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The idea is great but there aren't any REAL bitcoin banks right now, The only projects offering stable interest in BTC are scams or HYIP's that will close before paying the investors.. I guess the difficulty is in giving BTC loans and getting the interest from these "like real banks".
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davis196
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October 15, 2016, 11:49:49 AM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
No.We can`t create a bitcoin bank and we don`t have to. Bitcoin is an anti-bank currency. The whole purpose of bitcoin is to liberate people from the banks. |
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hv_
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Clean Code and Scale
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October 16, 2016, 01:52:05 PM |
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Guess the OP should be reposed into
Blockchain Bank ?
Bitcoin + its solutions around is already a peer bank. So why should a bank encapsulate a small peer bank without really been able to integrate it fully?
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Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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Gasturcas
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October 16, 2016, 03:58:11 PM |
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The idea is great but there aren't any REAL bitcoin banks right now, The only projects offering stable interest in BTC are scams or HYIP's that will close before paying the investors.. I guess the difficulty is in giving BTC loans and getting the interest from these "like real banks".
If the bitcoin becomes very popular and it is used by many people in the world, there will be lots of bitcoin banks. |
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Anemed
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October 16, 2016, 04:08:27 PM |
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Should we require a bank for bitcoins? We do have secured wallets already in place which do not require a third party to interfere and especially we do not require to go anywhere. Just do A to Z from where you are. All facilities are in the wallets. We do not even have a limit to store the bitcoins in our wallets and we are not restricted to use only one wallet. We can keep as many as wallets we can. Even we are not charged for wallets as well.
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bandarfjb
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October 16, 2016, 04:10:44 PM |
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There is a China company offering wallet like you post, haobtc.com
They offer about 8% APR, don't know about the detail, just check it by yourself.
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Natlind
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October 16, 2016, 04:22:06 PM |
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There is a China company offering wallet like you post, haobtc.com
They offer about 8% APR, don't know about the detail, just check it by yourself.
Bank for bitcoins are needed indeed? Require lots of energy. Hope this can happen when BTC is accepted worldwide and we do nave a physical bitcoins as like other local currencies along with in digital format. But as of now, wallets are more than enough and we are well settled with its function and features. Really more adequate and comfortable. |
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bandarfjb
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October 16, 2016, 04:25:10 PM |
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There is a China company offering wallet like you post, haobtc.com
They offer about 8% APR, don't know about the detail, just check it by yourself.
Bank for bitcoins are needed indeed? Require lots of energy. Hope this can happen when BTC is accepted worldwide and we do nave a physical bitcoins as like other local currencies along with in digital format. But as of now, wallets are more than enough and we are well settled with its function and features. Really more adequate and comfortable. No, I don't mean bank needed for bitcoins. I'm just answering what OP want. Conventional Bank is centralized, Bitcoin is decentralized. Maybe we can define a new definition for bank that fit with Bitcoin philosophy itself. |
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BitHodler
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October 16, 2016, 04:27:36 PM |
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There is a China company offering wallet like you post, haobtc.com
They offer about 8% APR, don't know about the detail, just check it by yourself.
No matter what interest rates certain sites are offering for my coins, I will never leave my coins there just for a certain reward. The best place for my coins is in offline storage under my own control, which is exactly why I am in Bitcoin. I don't want a third party to be in control of my precious coins, and you guys should not allow that to happen either. |
BSV is not the real Bcash. Bcash is the real Bcash.
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serjent05
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Activity: 2856
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October 16, 2016, 04:29:35 PM |
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There is a China company offering wallet like you post, haobtc.com
They offer about 8% APR, don't know about the detail, just check it by yourself.
Bank for bitcoins are needed indeed? Require lots of energy. Hope this can happen when BTC is accepted worldwide and we do nave a physical bitcoins as like other local currencies along with in digital format. But as of now, wallets are more than enough and we are well settled with its function and features. Really more adequate and comfortable. No, I don't mean bank needed for bitcoins. I'm just answering what OP want. Conventional Bank is centralized, Bitcoin is decentralized. Maybe we can define a new definition for bank that fit with Bitcoin philosophy itself. Well from the definition of bank, A financial institution licensed as a receiver of deposits. Since there is a need of license and approval from government, it will automatically centralized to watch over the items stored in their storage. I don't think that bank will be decentralized, they need to protect the properties of the people who trusted the items to them, with this, they need to centralize everything. |
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Aamir1
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October 16, 2016, 04:34:49 PM |
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Not sure, and i don't think we need anything like that, because the users of bitcoins mostly like its anonymity and if there is a bank where you store your bitcoins for getting interests you wont be anonymous anymore, and the interest in bitcoin is the growth in its price which is better than anything, you keep your coins in your wallet and sleep and in the morning they are more, you got the interest. |
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bandarfjb
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October 16, 2016, 04:40:02 PM |
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There is a China company offering wallet like you post, haobtc.com
They offer about 8% APR, don't know about the detail, just check it by yourself.
Bank for bitcoins are needed indeed? Require lots of energy. Hope this can happen when BTC is accepted worldwide and we do nave a physical bitcoins as like other local currencies along with in digital format. But as of now, wallets are more than enough and we are well settled with its function and features. Really more adequate and comfortable. No, I don't mean bank needed for bitcoins. I'm just answering what OP want. Conventional Bank is centralized, Bitcoin is decentralized. Maybe we can define a new definition for bank that fit with Bitcoin philosophy itself. Well from the definition of bank, A financial institution licensed as a receiver of deposits. Since there is a need of license and approval from government, it will automatically centralized to watch over the items stored in their storage. I don't think that bank will be decentralized, they need to protect the properties of the people who trusted the items to them, with this, they need to centralize everything. Quite agree, thanks for clarified the definition of Bank. But still, I believed that Bitcoin is decentralized and best way to storage my own Bitcoin is in my offline wallet. I even don't have online wallet at this moment. Btw, I'm just answering what OP want. |
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