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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 139401 times)
DarkSi
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October 12, 2017, 12:56:53 PM
 #2281

why not? i think it can be a bank for btc. But security of bank is risky.

Security is provided by blockchain technology. Bank just should use it properly and keep private keys strongly safe.

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DarkSi
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October 12, 2017, 12:58:29 PM
 #2282

no, we have own bank. its wallet.
no charge, more save, cheap, and many advantages than bank

Does your wallet allow to pay at the supermarket? Or exchange and transfer cryptocurrencies and fiat money? If yes, let me know the link

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October 12, 2017, 04:50:12 PM
 #2283

No.
Bitcoin/Crypto Currency is freedom. We must not go back. We must go forward!
 
Not only it will be a step backwards it could steal from us the last opportunity to change the system, after bitcoin then what can be possible invented that can be better than what we have, it is very difficult to imagine something better than bitcoin so the hegemony of banks will continue uninterrupted for a long time if we let that happen.

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October 12, 2017, 04:56:24 PM
 #2284

No.
Bitcoin/Crypto Currency is freedom. We must not go back. We must go forward!
 
Not only it will be a step backwards it could steal from us the last opportunity to change the system, after bitcoin then what can be possible invented that can be better than what we have, it is very difficult to imagine something better than bitcoin so the hegemony of banks will continue uninterrupted for a long time if we let that happen.

The opportunity to centralise and control emission of cryptocurrency is already lost for banks. I don't think a bank will seriously give a try. But banking services is not about 'centralise, control and make evil' only. It's more about the low fees and high speed of transactions, it's big infrastructure that exists already and almost ready to work with cryptocurrencies.

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sheamus10
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October 12, 2017, 05:27:42 PM
 #2285

When talking about "bitcoin bank" I think this is true, because there is one website that is used to save bitcoin that we have.
The goal is that bitcoin that we can be safe and don't happen theft.

Didle1938
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October 12, 2017, 11:23:09 PM
 #2286

Bitcoin is sign of liberty and decentralization, obtaining a bank with DB of all the clients, silly concept.
Mike | Crypterium
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October 13, 2017, 01:00:24 AM
 #2287

Bitcoin is sign of liberty and decentralization, obtaining a bank with DB of all the clients, silly concept.

When talking about cryptocurrency the meaning of the word "bank" changes. It's not like with fiat banks. Blockchain and decentralization still works
Kikeeping
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October 13, 2017, 03:43:58 AM
 #2288

Doesnt seem a good idea if bitcoins have banks. Because that means, bank can manage and monitor bitcoin traffic that occurs between the holders. So, purpose of founder isn't achieved.

Harbal
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October 13, 2017, 03:47:19 AM
 #2289

The primary edge of BTC is that it is not physical. So the thought of a BTC lender would be quite stupid. If you want to get some curiosity on your cost savings then far better to invest it somewhere risk-free rather than getting a bank. 
luigidosado
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October 13, 2017, 03:54:18 AM
 #2290

I'm not sure about this idea though but I think we don't need Bitcoin bank anymore. There are lots of wallet already on the internet that works like a bank. So creating a Bitcoin Bank I think would be useless or maybe no needed anymore. And also, banks are monitored by the government and the central bank. Idk what'd they would do if they discover the amount of money here in Bitcoin.

bitcoinsocial09
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October 13, 2017, 03:58:44 AM
 #2291

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.
Yes, I will definitely support it. With bitcoin bank, people can store and deposit their bitcoins. In that case, they don’t need to carry it around in their cellular phone. A bitcoin bank that can store cash is a great idea for me. It will also open a lot of possibilities and job opportunities for many people who wants to work in that bank.

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trk
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October 13, 2017, 04:00:11 AM
 #2292

No I dont,
What's the purpose of decentralized if it has a bank to regulate it?
Every one with btc coin can buy or sell as they wish from their own wallet

Marble777
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October 13, 2017, 04:30:12 AM
 #2293

No I dont,
What's the purpose of decentralized if it has a bank to regulate it?
Every one with btc coin can buy or sell as they wish from their own wallet

bitcoin has become an independent bank because the peer to peer system has been created to be self-managed . I think just the opposite if the reference is a global economy, meaning the bank will later adjust the bitcoin system.
all good like this, we no longer need to think about the theory of interest, taxes, and salaries of employees and directors.

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October 13, 2017, 06:08:50 AM
 #2294

No I dont,
What's the purpose of decentralized if it has a bank to regulate it?
Every one with btc coin can buy or sell as they wish from their own wallet

Usually that's what's going to happen if we would have a bitcoin bank. They will be in control of the bitcoin we deposit. Come to think of it, exchanges are almost like that, they just need a little modification so that they could move the bitcoin and utilize it and at the same time let you cash it out whenever you want.

I do agree with bitcoin bank, as long as we will benefit from it, and not just them.

danggoron
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October 13, 2017, 06:23:55 AM
 #2295

the Bitcoin network has a public record called "blockchain". This record contains all transactions ever processed, allowing the user's computer to verify the validity of each transaction. so, even without a bank, every transaction can happen.

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GuyGerald
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October 13, 2017, 10:17:45 AM
 #2296

Bitcoin is sign of liberty and decentralization, obtaining a bank with DB of all the clients, silly concept.

When talking about cryptocurrency the meaning of the word "bank" changes. It's not like with fiat banks. Blockchain and decentralization still works

Agree. This is just what I thought first when started to read this thread.
GuyGerald
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October 13, 2017, 10:30:00 AM
 #2297

Doesnt seem a good idea if bitcoins have banks. Because that means, bank can manage and monitor bitcoin traffic that occurs between the holders. So, purpose of founder isn't achieved.

Why do you think that the purpose of founder is in anonimity? I see it from decentralisation view more. Since the decentralisation is guaranteed by the nature of blockchain banks unavailable to centralise it again. So the purpose of founder is achieved already.

If I control my personal data I can share a part of them to a service which is helpful for me. Why not?
GuyGerald
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October 13, 2017, 10:36:17 AM
 #2298

the Bitcoin network has a public record called "blockchain". This record contains all transactions ever processed, allowing the user's computer to verify the validity of each transaction. so, even without a bank, every transaction can happen.

That's correct, but bank is not a transactions provider only. Banks are responsible for safety also
PalindromemordnilaP
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October 13, 2017, 10:37:05 AM
 #2299

Why do we need "Bitcoin bank" where in fact we already have bank in the forms of web based wallets that are reliable and secure for a long time? Well, not unless if all those wallets will have bad issues that would destroy their reputations to its users would then be the best reason to shift to that "Bitcoin bank" with no ounce of hesitation.

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GuyGerald
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October 13, 2017, 10:57:51 AM
 #2300

Why do we need "Bitcoin bank" where in fact we already have bank in the forms of web based wallets that are reliable and secure for a long time? Well, not unless if all those wallets will have bad issues that would destroy their reputations to its users would then be the best reason to shift to that "Bitcoin bank" with no ounce of hesitation.

Why don't we need to read at least couple of messages above?  Grin
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