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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 139397 times)
laxinternational
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September 01, 2017, 05:30:27 PM
 #1981

Word 'bank' more identical to institutions or groups that manage or regulate circulation of something valuable such money and if placed on bitcoin, it eliminates original idea of bitcoin initiator that's an anonymous nature and exchange rate can be intervened or monopolized by one or more parties. Existence bitcoin will be defeated by altcoin which has and endures with anonymity.

I never can adopt the word "bank" here. The idea and concept of bitcoin should not let this happen anyways. We're not here to buy bitcoins if they will be integrate into a centralized systems such as banks and financial institutions. Bitcoin should stay decentralized.
There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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Rifat403
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September 01, 2017, 05:35:15 PM
 #1982

Yes i agree with this idea for bitcoin bank. I think it is good for all botcoin users. Because bank is safe for all. So it is badly needed for all bitcoin users. Bit coin bank will give good service for all bitcoin users. So i agree with this idea. Thank you.
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September 01, 2017, 07:04:58 PM
 #1983

Yes i agree with this idea for bitcoin bank. I think it is good for all botcoin users. Because bank is safe for all. So it is badly needed for all bitcoin users. Bit coin bank will give good service for all bitcoin users. So i agree with this idea. Thank you.
And the award for the best shitposter goes to...(I hope you are honoured)
Just so you know,the term bank itself is cancer when you speak about it so openly when you're a bitcoin lover.Bitcoin is against anything that controls your money for you.
But anyway,you're a shitposter,there is no point further clarifying the details.


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Rifat0099
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September 05, 2017, 06:40:50 AM
 #1984

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.

JohnCryptonian
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September 05, 2017, 06:43:44 AM
 #1985

I think that's just defeats the purpose of being decentralized by Bitcoin, it made another thing like a middle man. It serves it like that and I don't agree with it because someone would hold my funds again. If I'm correct, Ripple is somewhat like that but I'm not really sure. It's awesome to think about it but what's change is that the mode of transacting.

Ziskinberg
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September 05, 2017, 07:04:25 AM
 #1986

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.
If you look at our current banking system then I don't think I would agree that we are safe, maybe the money is because it's under insurance policy for most banks but the information which is vital is not safe. In fact, I put my deposits in different banks but I do not actually put a big amount since I'm afraid with safety in case my information will be leak, with bitcoin we can save our money and we can ensure we are the only one who can look up to it and can access.

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xandriel
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September 05, 2017, 07:37:05 AM
 #1987

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.
Bitcoin is not secure for normal people. Many people dont known how to protect account. So traditional bank is still good for them. Bitcoin bank is a good idea but will need more time to develop

kuyaJ
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September 05, 2017, 08:23:50 AM
 #1988

If the bitcoin have bank it is also an online bank because bitcoin cannot hold nor see. There are some bank and wallet in bitcoin so no need to have bank because we have already an online bank.

Momoamzad
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September 05, 2017, 08:32:57 AM
 #1989

I totally disagree  with the discussion of "bitcoin Bank". Like seriously ? We love to hold bitcoin if bank will interfere then bitcoin will lost its assence & value.

doujuan612
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September 05, 2017, 09:01:18 AM
 #1990

Seriously I disagree with Bitcoin bank, if like this, the Bitcoin will lost its value.
CryptoClown
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September 05, 2017, 09:09:03 AM
 #1991

Having your bitcoin in a bank completely defeats the whole idea of bitcoin in the first place.  Bitcoin was to avoid keeping your money in a bank where other people have control of your money.

Hasbro27
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September 05, 2017, 09:11:11 AM
 #1992

in my opinion bitcoin does not require bank as a storage place, for me bitcoin I have enough me in the wallet, bitcoin does not need a bank because bitcoin is not equal to cash

1862
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September 05, 2017, 09:28:16 AM
 #1993

This was posted October 2016, and I wrote about this topic in the very same month, shame I didn't see this thread till now really Roll Eyes


"Bitcoin, the reformation of banking and the reclamation of power by the consumer"

http://backbit.co.uk/?page_id=290

ged00u
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September 06, 2017, 05:59:23 AM
 #1994

in my opinion bitcoin does not require bank as a storage place, for me bitcoin I have enough me in the wallet, bitcoin does not need a bank because bitcoin is not equal to cash
I do agree with your point. bitcoin does not need a bank or something like that to store because it does have its own wallet. Moreover, if there is a bank for bitcoin, it will absolutely against the main purposes of bitcoin because bitcoin was created to become anonymous and secure without being controlled by any individual or government. Therefore, I never accept this idea

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kiloiko
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September 06, 2017, 10:27:29 AM
 #1995

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.
I do and I do not, if there should be a bitcoin bank, though people’s coins might be safe but then there’s going to be interference into the bitcoin market and the price would not be determined by the forces of demand and supply only anymore

qwertyup23
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September 06, 2017, 10:34:27 AM
 #1996

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.

Why do we need bitcoin banks if we can invest bitcoin by just retaining it on our wallets? This totally defeats the purpose of bitcoin, which is superior compared to bank investments. Plus, most banks are being controlled by a single person or the government, thus regulation and tax imposition may be possible with this current idea. If bitcoin banks were to exist, I doubt that people would put their coins in that bank and it only makes things complicated to us in terms of redeeming or withdrawing it. Lastly, banks are created to earn profit through time investments and a fee would most probably exist (which makes things more expensive).

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September 06, 2017, 10:35:27 AM
 #1997

For C sake, what purpose will that serve. The purpose is to promote decentralization and the mention of a back is taking as aback.  Undecided Undecided

mrBTCman
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September 06, 2017, 12:35:31 PM
 #1998

Bitcoin doesn’t need banks. So, I don’t see any sense in this idea. Maybe we’ll see some local consulting agencies that will help people to get into bitcoin, buy some and other stuff. But it can hardly be called a Bitcoin Bank.
DainSLane
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September 06, 2017, 12:43:25 PM
 #1999

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.
I don't think it will happen for now because the government controls banks they won't permit this virtual currency to go in their banks and it's not accepted by the whole world and this bitcoin bank is not good because we can secure our coins and it's the most safest method to hold your own coins.

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September 06, 2017, 12:44:16 PM
 #2000

For C sake, what purpose will that serve. The purpose is to promote decentralization and the mention of a back is taking as aback.  Undecided Undecided

Well, it will be good for the sheep that need a lion.
People who are incapable of storing their money. Incapable of scanning a qr code.
Incapable of sending a transaction.

For those who are afraid their computer might burst into flame and their backup might also burst the same time as well as their third back-up.

Or for those that see BTC as a way to get rich and that's all.Forget the principles, BTC price must go up no matter how.
F satoshi and his paper!!!!!!

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