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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 141607 times)
Colt81
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October 03, 2017, 08:35:10 PM
 #2161

If a bitcoin bank is supposed to be like a fiat bank where you give your bitcoins to someone who knows everything about you as you will not be able to do that without giving your valid information, then Not at all, because then there would be no difference between fiat and bitcoin.
We all know that bitcoin is a nice idea in which you can save your bitcoin on that bank. However, there is no such bank who accept bitcoin. I think I will prefer to my bitcoin on online wallet than on bank. Lastly, I hope there will be a bank in where you can put all your bitcoins.

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October 03, 2017, 08:47:26 PM
 #2162

I don't think it's a good idea, Bitcoin is Decentralized, the fundamental and essence of Bitcoin will lose. There will be restrictions and we all know that banks will just monopolize Bitcoin, so it's a no for me.

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October 03, 2017, 09:15:12 PM
 #2163

I would argue that this idea contradicts the concept of bitcoin ,, the concept of bitcoin is decentralized, it means that bitcoin is not centered in a project or a company, but I appreciate your idea, it just needs to be customized with bitcoin ,,

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October 03, 2017, 09:19:22 PM
 #2164

No i dont agree... only if this "bank" has the real concepts of bitcoins then it would be a great idea, i mean, with a full descentralized control of the money in it, but how is supposed that people will withdraw their money if bitcoin is supposed to be 100% anonymous? i dont find a good explanation for that.. It would be impossible to realize a bitcoin bank, maybe if we have new technologies in some years, then we can develop it.

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October 03, 2017, 09:21:14 PM
 #2165

I do not agree with bitcoin bank. I believe it is against btc's philosophy behind it .anonymity.
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October 03, 2017, 09:29:43 PM
 #2166

I know that the bitcoins philosophy is decentralisation and banks are totally the opposite of the bitcoins concept yet we should bare in mind that bitcoin must have a safe storage especially now that it is very valuable. Well I think that this banks my be the safest place. Some may buy and sell but if they will implement my banks I hope that less fees, because I don't know what's the point of bitcoins in terms of no transaction fees if that would happen.

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October 03, 2017, 09:33:17 PM
 #2167

I think it's no need bank for Bitcoin. With Bank you often use to keep your cash and receive stable interest every month or year but with Bitcoin I think we no need to send it to bank. Our Bitcoin wallet, coinbase, xapo, electrum,....is our own bank and the money we have is increasing everyday when Bitcoin price increase. Beside I feel keep Bitcoin in Bank like invest my Bitcoin into some HYIP system to receive interest everyday or month so I prefer keep it by myself to use Bitcoin Bank.
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October 03, 2017, 09:37:28 PM
 #2168

As such, a bank is not required, but over time an organic regulatory system will appear that will suit everyone.

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October 03, 2017, 09:40:12 PM
 #2169

I know that the bitcoins philosophy is decentralisation and banks are totally the opposite of the bitcoins concept yet we should bare in mind that bitcoin must have a safe storage especially now that it is very valuable. Well I think that this banks my be the safest place. Some may buy and sell but if they will implement my banks I hope that less fees, because I don't know what's the point of bitcoins in terms of no transaction fees if that would happen.

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October 03, 2017, 09:43:56 PM
 #2170

As shown by the results of the poll (55%), most people will not use a Bitcoin bank.

The issue with a Bitcoin bank is the same issue with exchanges.  You will never know if a rogue employee will steal the money.  You will never know if a hacker will steal the money.

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October 03, 2017, 09:53:02 PM
 #2171

Unfortunately after 5-10 years it will be hard times for bankers and a lot of people involved in this area but they can change and create a new model of banking!  If I do not see a way out of this situation, then this does not mean that there is no way out. But for now I am totally agree with this your message . Bank have nothing special to offer to users maybe it will be in the future. Hard say.

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October 04, 2017, 02:50:46 AM
 #2172

It's not whether I agree with it or not, it's what nature thinks and right now nature thinks decentralization is coming for almost all centralized systems.

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October 04, 2017, 02:58:51 AM
 #2173

Normal banks are used in order to save traditional money,which are used as local currency but bitcoins are not used by everyone and also bitcoins are even banned in several countries so I think its worst idea but can be accessed in the future.. Roll Eyes Roll Eyes
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October 04, 2017, 03:01:46 AM
 #2174

I agree with this good idea of creating bitcoin bank to lessen the fees in withdrawing funds using third party banks. When you use third party banks your withdrawals will decrease compare to bitcoin bank i think theres no fees when you use it like the other banks.

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October 04, 2017, 03:06:10 AM
 #2175

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 have seen a lot of ads in Youtube promoting bitcoin banks, and honestly I don't agree to that idea. First of, before an individual involves himself to bitcoins, he should be technologically responsible for all his bitcoins. Second, bitcoin is supposedly about freedom, isn't it? If you can't trust your wealth to yourself then bitcoin is certainly NOT for you... don't make these mainstream wolves rich because of your irresponsibility and noobity.

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123kape123
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October 04, 2017, 03:22:14 AM
 #2176

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.

Yeah i strongly agree that idea is stupid and worst idea that i've seen in my life. With Bank you often use to keep your cash and receive stable interest every month or year but with Bitcoin I think we no need to send it to bank.
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October 04, 2017, 03:25:52 AM
 #2177

Bitcoin is truly decentralized, if there will be a bitcoin bank, then it's no longer decentralized since there will be someone whose going to control it . It will no longer be anonymous because we will be required to submit a documents that has our personal information. And I guess, most of bitcoin users don't want it to happen.

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October 04, 2017, 03:27:46 AM
 #2178

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.
In my opinion i do not agree with this bitcoin bank.. aside from virtual reality it is not reliable compared to real bank itself..

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October 04, 2017, 03:28:24 AM
 #2179

Bitcoin is truly decentralized, if there will be a bitcoin bank, then it's no longer decentralized since there will be someone whose going to control it . It will no longer be anonymous because we will be required to submit a documents that has our personal information. And I guess, most of bitcoin users don't want it to happen.

No way , this goes against what most people like about btc.
To have it yourself and no way a government can take it from you.
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October 04, 2017, 03:44:03 AM
 #2180

This may happen if the ordinary people as you explain understand the basics of bitcoin, or at least there are institutions that introduce bitcoin to the community and provide training on how to use bitcoin, the institution must also provide useful community facilities and make it easier to use bitcoin.

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