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Question: Do you agree with idea "Bitcoin bank" ?
Yes
No
I don't know/I'm not sure yet
I don't care

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Author Topic: Do you agree with idea "Bitcoin bank" ?  (Read 139019 times)
ibuddy122505
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May 23, 2017, 03:37:36 PM
 #1741

I don't agree with bitcoin bank because it is like destroying the bitcoin because bitcoin is not for storage, it is for usage and people like to use bitcoin as a currency and not an asset only that need to be stored for safety. Bitcoin bank is such a bad idea and we should be not developing like this because it is all against the real essence of bitcoin.
Yes that is correct. Bitcoin bank is totally against the meaning of Bitcoin. BItcoin was created for the anonymity and the security and the decentralized system. Therefore, do not ever put your bitcoin in some kind of Bitcoin banks
I agree that ask about bitcoin bank completely reverse meaning actually what bitcoin deserve. It against Bitcoin freedom and decentralized system and so on. Moreover, bitcoin is kind of the opposite of the bank. So, no chance agrees this idea.
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TheGodFather
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May 23, 2017, 03:42:17 PM
 #1742

I don't agree with bitcoin bank because it is like destroying the bitcoin because bitcoin is not for storage, it is for usage and people like to use bitcoin as a currency and not an asset only that need to be stored for safety. Bitcoin bank is such a bad idea and we should be not developing like this because it is all against the real essence of bitcoin.
Yes that is correct. Bitcoin bank is totally against the meaning of Bitcoin. BItcoin was created for the anonymity and the security and the decentralized system. Therefore, do not ever put your bitcoin in some kind of Bitcoin banks
yes you are right, i dont agree too, if bitcoin bank will be established, government will know this and they will limit the people who earn it. they will make a law regarding to this and they will put taxes on us. it is not good , we love bitcoin because we can earn it anonymously therefore, for me it is not good to have a bitcoin bank.


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Rifat989
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June 13, 2017, 04:13:44 PM
 #1743

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
no i do not agree with idea bitcoin bank
BitHodler
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June 13, 2017, 05:22:58 PM
 #1744

Why does everyone here take the term Bitcoin bank so seriously, that they think it's against Bitcoin?

Exchanges and wallet services can be seen as Bitcoin banks already, and they aren't against Bitcoin at all. On top of that, no one is forcing people to make use of whatever service ~ it's all optional.

If people here really worry about Bitcoin banks being against decentralization, they should also stop using exchanges, online wallet services, gambling sites, and the list goes on. Otherwise that claim holds zero value.

achillez
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June 13, 2017, 07:10:15 PM
 #1745

Why does everyone here take the term Bitcoin bank so seriously, that they think it's against Bitcoin?

Exchanges and wallet services can be seen as Bitcoin banks already, and they aren't against Bitcoin at all. On top of that, no one is forcing people to make use of whatever service ~ it's all optional.

If people here really worry about Bitcoin banks being against decentralization, they should also stop using exchanges, online wallet services, gambling sites, and the list goes on. Otherwise that claim holds zero value.

I have the same thought. Tbh, I think folks that dislike the bank idea are the same types of people that keep their $ under a mattress because they don't trust banks with their cash. This is their decision, but it doesn't mean that the rest of us don't want some extra level of security. When I keep money in the bank I "know" it's highly unlikely to be stolen. When I keep bitcoins I "know" it's highly likely to be stolen unless I'm ultra careful as to how I exchange coins on the internet. It's the double-edge sword with bitcoin. It's ultra easy to trade using your keys, but it's easy to lose as well. I personally would be thrilled to use a bank where you could secure your assets, and maybe get a low % interest rate.
whizter
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June 13, 2017, 08:43:32 PM
 #1746

Why does everyone here take the term Bitcoin bank so seriously, that they think it's against Bitcoin?

Exchanges and wallet services can be seen as Bitcoin banks already, and they aren't against Bitcoin at all. On top of that, no one is forcing people to make use of whatever service ~ it's all optional.

If people here really worry about Bitcoin banks being against decentralization, they should also stop using exchanges, online wallet services, gambling sites, and the list goes on. Otherwise that claim holds zero value.
in fact we are all again the traditional banks, where you have to visit and deposit your bitcoin. and secondly who will give the suriety about the security of bitcoin banks, as we have already so many cases about exchanges hacking so what about the  bitcoin banks. may be it will more easy for the hacker to hack the banks and take the  money away, and we will have no way to claim for our bitcoin. therefore to me i am ok with my online wallets that i consider more safer than bitcoin banks.

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choppork
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June 14, 2017, 01:47:21 PM
 #1747

Why does everyone here take the term Bitcoin bank so seriously, that they think it's against Bitcoin?

Exchanges and wallet services can be seen as Bitcoin banks already, and they aren't against Bitcoin at all. On top of that, no one is forcing people to make use of whatever service ~ it's all optional.

If people here really worry about Bitcoin banks being against decentralization, they should also stop using exchanges, online wallet services, gambling sites, and the list goes on. Otherwise that claim holds zero value.

Apparently, very amount of people realize that they are being ironic by saying that they hate centralization when meanwhile they are using exchanges and web wallets. Grin

In any economy, there would always be some sort of centralization. There would always be a group of people trusting a third party. For example, there's a wide range of users that actually hold a lot of money in a web wallet. Most of them hate studying the technical part of bitcoins and most of them want to stick with what's the easiest way.
douglock
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June 14, 2017, 02:22:31 PM
 #1748

Why does everyone here take the term Bitcoin bank so seriously, that they think it's against Bitcoin?

Exchanges and wallet services can be seen as Bitcoin banks already, and they aren't against Bitcoin at all. On top of that, no one is forcing people to make use of whatever service ~ it's all optional.

If people here really worry about Bitcoin banks being against decentralization, they should also stop using exchanges, online wallet services, gambling sites, and the list goes on. Otherwise that claim holds zero value.

Apparently, very amount of people realize that they are being ironic by saying that they hate centralization when meanwhile they are using exchanges and web wallets. Grin

In any economy, there would always be some sort of centralization. There would always be a group of people trusting a third party. For example, there's a wide range of users that actually hold a lot of money in a web wallet. Most of them hate studying the technical part of bitcoins and most of them want to stick with what's the easiest way.
Haha that is true bro. They are using webwallets and exchange every day and they keep saying that they hate the centralized system. Well, at least they do not have to work with the government ROFL. Hope that they will soon understand how bad web wallets can be

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June 14, 2017, 02:27:58 PM
 #1749

I know that many people disagree but I wouldn't.mind if there was a bitcoin bank. That could enhance some services related to bitcoin and give the users different optimist. Afterall we are all using wallets and exchangers, isn't that some form or bank too? Maybe we should try with some experimental bank.

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June 14, 2017, 03:39:58 PM
 #1750

I know that many people disagree but I wouldn't.mind if there was a bitcoin bank. That could enhance some services related to bitcoin and give the users different optimist. Afterall we are all using wallets and exchangers, isn't that some form or bank too? Maybe we should try with some experimental bank.

A purse is not a bank. Money in my purse is controlled only by me. And I know for sure that no one will block them and that I have no obligations to a third party.
I do not understand why you need a bitcoin bank. This is a useless service
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June 15, 2017, 01:56:17 AM
 #1751

for me online bitcoin wallets serves me as bitcoin bank already and I used it for a long time.



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June 15, 2017, 02:32:59 AM
 #1752

for me online bitcoin wallets serves me as bitcoin bank already and I used it for a long time.
Definitely, that's why we do not need a bank anymore, otherwise it will defeat the purpose of bitcoin to go decentralized.

i hate blockchain. high fee. low transaction.
It's normal dude, you can play high fees to get your transaction faster but fees are really getting high nowadays.

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June 15, 2017, 02:54:38 AM
 #1753

I do not agree with bitcoin bank, bitcoin already has a secure system for us to store bitcoin, lots of online wallet that we can use, so no more bank, bank will only add cost for us to save bitcoin
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June 15, 2017, 02:58:47 AM
 #1754

I do not agree with bitcoin bank, bitcoin already has a secure system for us to store bitcoin, lots of online wallet that we can use, so no more bank, bank will only add cost for us to save bitcoin
bank will jut gave you problem like freezing your account because you cannot justify your funds, no way to bank.
It is only good for saving fiat money and bitcoin is a different system so we should not integrate bank with this.



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June 15, 2017, 03:13:02 AM
 #1755

I do not agree with bitcoin bank, bitcoin already has a secure system for us to store bitcoin, lots of online wallet that we can use, so no more bank, bank will only add cost for us to save bitcoin
Online wallet is such as bank for me, if bitcoin bank is operate like fiat bank it will just make some people use our bitcoin that gathered. Of course it is not good.
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June 15, 2017, 03:18:34 AM
 #1756

I do not agree with bitcoin bank, bitcoin already has a secure system for us to store bitcoin, lots of online wallet that we can use, so no more bank, bank will only add cost for us to save bitcoin
Online wallet is such as bank for me, if bitcoin bank is operate like fiat bank it will just make some people use our bitcoin that gathered. Of course it is not good.

Many of us around the forum, says the words you said from the past years but nowdays you may noticed in bitcoin news sites such as coindesk or merkle. International banks are trying to initialize their own altcoin belongs to them. Therefore, they are passing a financial bill to their Government. Even Swiss banks are also started.

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RudyCenJia
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June 15, 2017, 03:26:59 AM
 #1757

Yes!!

I agree with bitcoin bank, so to simplify buy and sell transactions easily, and on the other hand also to promote bitcoin to everyone to understand what bitcoin, bitcoin use, and the benefits of bitcoin itself.
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June 15, 2017, 03:51:23 AM
 #1758

Yes!!

I agree with bitcoin bank, so to simplify buy and sell transactions easily, and on the other hand also to promote bitcoin to everyone to understand what bitcoin, bitcoin use, and the benefits of bitcoin itself.
Bitcoin bank will change the system, they will require you documents like when you are opening a real bank account.
This is not helpful to all and bitcoin might loss its supporters, the current set up is just good so I don't think there is a need to
change anything.



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stompix
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June 15, 2017, 04:02:23 AM
 #1759

Why does everyone here take the term Bitcoin bank so seriously, that they think it's against Bitcoin?

Exchanges and wallet services can be seen as Bitcoin banks already, and they aren't against Bitcoin at all. On top of that, no one is forcing people to make use of whatever service ~ it's all optional.

If people here really worry about Bitcoin banks being against decentralization, they should also stop using exchanges, online wallet services, gambling sites, and the list goes on. Otherwise that claim holds zero value.

I have the same thought. Tbh, I think folks that dislike the bank idea are the same types of people that keep their $ under a mattress because they don't trust banks with their cash. This is their decision, but it doesn't mean that the rest of us don't want some extra level of security. When I keep money in the bank I "know" it's highly unlikely to be stolen. When I keep bitcoins I "know" it's highly likely to be stolen unless I'm ultra careful as to how I exchange coins on the internet. It's the double-edge sword with bitcoin. It's ultra easy to trade using your keys, but it's easy to lose as well. I personally would be thrilled to use a bank where you could secure your assets, and maybe get a low % interest rate.

Yeah, Ubitex,gbl,b7,Bitcoinica,mt gox,inputs,mintpal,cryptorush

All these places where full of people who were extra careful, a lot of them quite experienced users.
In the end it didn't matter.

You're forgetting why bitcoin made the news during the Cyprus crisis.
It was because nobody can take away your bitcoins if they are in your wallet unlike funds in a bank which can can be both frozen and taken away while you sleep with a simple signature of the government or authority.

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June 15, 2017, 06:05:41 AM
 #1760

Yes I agree with the idea to have a bitcoin bank.so that every bitcoiner have to save bitcoin so that it is easy to withdraw when you want to make it cash.And I think its easy to incash if theres a bitcoin bank and this is better to every bitcoiner because you can save and earn fast when the price of bitcoin is increase.Saving bitcoin is different from saving money bitcoin bank has a multiple profit than cash is just a percentage of savings.

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