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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 141602 times)
Fortress12345
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September 08, 2017, 01:43:46 PM
 #2041

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 don’t agree with it, because if bitcoin bank exist what is it’s difference on another banks that use on paper money? We don’t really need it. It is already fine that we store our bitcoin into a wallet that is secure. And just in case if people accepted it, what it can benefits to the people and is it different on bank that stores paper money? But on the other hand, they suggested it so I think that they know that it will be very beneficial to others but the other features will make opposites to what bitcoin really is.

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September 08, 2017, 01:49:42 PM
 #2042

I don't think you can do that because that is what makes bitcoin very special that it is not on a bank but at home safe in your wallet but on the other side it will be safe from hackers if its in a bank.
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September 08, 2017, 03:05:38 PM
 #2043

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.

I could say the same, having this web wallets, and hardware wallets is enough for us where we could store our bitcoin, having this bitcoin bank is a little bit risky I think, and for sure, the transaction fee there would be much more high than the transaction fee in the wallet.

So, I'm sure that in case this bitcoin bank will be implemented in the near future, only few people will use it because they still prefer using web wallets and hardware wallets.
Agree I think it would be quite risky if you keep save your bitcoin in bitcoin bank because they are third party whenever can do scam or adverse policy. it's better to use a wallet because you can do your own maintain without the hassles, controls, and interventions from third parties. after all what is the advantage of bitcoin bank ? only interest right ? I think it would be better if you invested if you only want to get interest from bitcoin bank

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September 08, 2017, 03:13:21 PM
 #2044

Ofcourse not. Bitcoin is beautiful because of its decentralized nature. That it cannot be controlled and cannot be traced. Opening a bank would mean a regulated medium of exchange which would give it a trait of a Fiat currency. I dont really think this would be feasible
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September 08, 2017, 03:23:51 PM
 #2045

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.

Bitcoin bank? it seems unusual but i think it will work and it will be accepted by different countries.
It is helpful for all the people who uses bitcoin a lot, they will have a safe storage for their bitcoins.
We all know that bitcoin has a great value so it needs to be placed in a safe place and safe account.

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September 08, 2017, 07:59:15 PM
 #2046

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 don’t agree with it, because if bitcoin bank exist what is it’s difference on another banks that use on paper money? We don’t really need it. It is already fine that we store our bitcoin into a wallet that is secure. And just in case if people accepted it, what it can benefits to the people and is it different on bank that stores paper money? But on the other hand, they suggested it so I think that they know that it will be very beneficial to others but the other features will make opposites to what bitcoin really is.
that is what i am also thinking about it. i think that it is not a good idea. because we already too much tired from the formal way of using banks for depositing and withdrawal of money  from our local banks, i think the online wallet system is too good to be use as for using btcoin which we can easily access from anywhere and at any time without any resistance and difficulty.


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virasog
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September 09, 2017, 05:45:34 AM
 #2047

What banking services did you want it to provide. There are several things that a bank does. I assume that the first and fore most that you are looking for is the interest payments. There are a few exchanges type sites that pay interest on the BTC balance that you have and maintain, so that is covered. Credit? Well, that is a whole new ball game.

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September 09, 2017, 05:48:52 AM
 #2048

What banking services did you want it to provide. There are several things that a bank does. I assume that the first and fore most that you are looking for is the interest payments. There are a few exchanges type sites that pay interest on the BTC balance that you have and maintain, so that is covered. Credit? Well, that is a whole new ball game.

It is hard to give credit and keep people anonymous at the same time. There are sites that give loans. So it depends on what you are looking for. We dont need all functions of banks. Maybe a few will do.

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September 09, 2017, 07:16:34 AM
 #2049

not agree this amazing reason for me to use bitcoin is because it is away central bank control
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September 11, 2017, 07:20:51 AM
 #2050

yes, I really agree with the idea of bitcoin bank, why? because with the existence of bitcoin bank we do not need to be confused if we will save or take bitcoin if we need and some are responsible for the bitcoin deposits

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September 11, 2017, 08:12:19 AM
 #2051

I think the bank for bitcoin is less useful. because the transaction and exchange can be directly done via gadget. but if it should be there I think it could jafi some kind of call center for complaints and bitcoin related reports.

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September 11, 2017, 08:18:46 AM
 #2052

I don't agree with that because that is special about bitcoin it is not a bank it is controlled by yourself you are your own bank your money is save by yourself and that is not what a normal bank can do a normal bank can use your money but bitcoin cannot do that it is your choice if you want to use it or not.

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September 11, 2017, 08:18:53 AM
 #2053

I think that bitcoin was developed exactly to avoid the banks.
Everything a bitcoin bank would accomplish is to import all the problems people have with their banks into the bitcoin system.
Bitcoin has been doing fine without a bank now for several years.
We need exchanges, we need wallets, we don't need banks.

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September 11, 2017, 11:12:06 AM
 #2054

Online wallets is enough for storing our bitcoins. Banking our coins takes time because it requires to file your documents and process it. But in e-wallets, so easy to access, manage and monitor because it is handy and we carry it we ever we go. We can make huge profits if we have only the full control to our btc through buy and sell.

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September 11, 2017, 11:23:45 AM
 #2055

If there is a bitcoin  bank, there will be bitcoin  money in real life. Everyone will buy and sell bitcoin in real life. do not know how will.
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September 11, 2017, 12:08:41 PM
 #2056

Sometimes the Bank implements rules that are a bit detrimental to customers, I'm not sure many people will approve Bitcoin Bank because there may be rules that are also detrimental to bitcoin lovers. I think Bitcoin bank will even bother customers. I'm here disagree tends to not care, I mean I do not agree but do not really care.


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September 11, 2017, 12:17:31 PM
 #2057

Online wallets is enough for storing our bitcoins. Banking our coins takes time because it requires to file your documents and process it. But in e-wallets, so easy to access, manage and monitor because it is handy and we carry it we ever we go. We can make huge profits if we have only the full control to our btc through buy and sell.
I strongly agree online is enough than to have a third party like storing your coins in a bank cause in our time it is ok or much profitable the online aspect like look at our time now all is decentralized for some online so online wallet that we have to store are coins is enough.

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September 11, 2017, 12:26:31 PM
 #2058

I strongly disagree to this as far as I know with fiat currency is a centralize unit. But as for bitcoin / btc it is not and I would be glad it will remain the same as decentralize currency.

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September 11, 2017, 12:42:15 PM
 #2059

I guess using a bitcoin and bitcoin banks are very much different things
Because banks handles our account and know every single information about us or our source of income
And earning a bitcoin which is a considerably external topic . There are some banks for bitcoin like xapo, coinbase etc .
So by my point of view i dont lowkey support the idea of bitcoin bank..
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September 11, 2017, 12:49:57 PM
 #2060

It's kinda werid to put a Bank that you can store Bitcoin on.

Well actually that's why satoshi created bitcoin at the first place just to get away from what you call "centralized" you are your own bank here just make a paper wallet then store it in a hidden place. That's why satoshi made bitcoin peer to peer because of banks making high fees.

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