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Author Topic: Do you agree with idea "Bitcoin bank" ?  (Read 142233 times)
Golftech
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November 01, 2016, 03:45:46 PM
 #301

I do like to be my own bank and those 1% i can get doing trading, or even at sports betting, i dont see the purpose to risk my coins into a bank and get my money over control of someone else, makes no sense let the freedom to go jail once again.
I think it's up to you. it means that you prefer to decentralization for complete control over you. but of course there are some people who also like to invest and save, they do not think with third parties at risk
this is true in some of us who believes that they can control better with their btc they won't support btc bank but for those who see the possibility
of making it safe in this way they will allow to have a center bank for their btc its about assessment and beliefs.

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November 01, 2016, 05:33:01 PM
 #302

perhaps with bitcoin bank, we are so much easier to redeem bitcoin we have. I think if bitcoin bank has been there, maybe a credit card for bitcoin is also made, so that you can redeem bitcoin do you have in atm which have the logo bitcoin. Well it would be very cool
BingoDog
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November 01, 2016, 05:41:41 PM
 #303

perhaps with bitcoin bank, we are so much easier to redeem bitcoin we have. I think if bitcoin bank has been there, maybe a credit card for bitcoin is also made, so that you can redeem bitcoin do you have in atm which have the logo bitcoin. Well it would be very cool

I also think that it would be very cool to have Bitcoin credit card. Debit cards are well known and accepted by now but credit card would be realy something revolutionary.I'm sure lot of bitcoiners would love that. But without some kind institution like Bitcoin bank I don't think that is possible.

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November 01, 2016, 05:43:32 PM
 #304

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.
i think with or without Bitcoin Bank it's no important because bitcoin is still running
socks435
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November 01, 2016, 05:45:31 PM
 #305

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.
i think with or without Bitcoin Bank it's no important because bitcoin is still running
I think there is an effect if there is a bitcoin bank that can build more trust by many people because some people are not trusting online investment so banks for every country can help build trust by many people..

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croutonhexagon
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November 01, 2016, 05:47:31 PM
 #306

No because bitcoin is safe and secure with itself whenever 3rd party comes in between then only there is more chances of losing money because of scam policy. We had encountered many examples like exchange site ran away, wallet account blocked and what ever. So i think bottom bank will make the cryptocurrency more vulnerable to hacks and money laundering.
marleybobthedog
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November 01, 2016, 05:49:55 PM
 #307

I don't care with bitcoin bank and Webster service let other launch in regarding with bitcoin because i will use pinky blockchain wallet and that's enough to satisfy my needs of bitcoin world. I don't really trust anyone else in bitcoin world as i ahd list money in SCAM schemes so let me stay happy with blockchain wallets that's it
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November 01, 2016, 05:57:20 PM
 #308

I definitely don't want a central bank of bitcoin. But if my bank does my bill pay with bitcoin instead of ACH good for them.

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neurotypical
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November 01, 2016, 06:33:25 PM
 #309

We can't know if banks will disappear or not, but what we know is it will make a huge impact on them once bitcoin becomes ore mainstream, and the only way they can deal with not ending up like kodak is by accepting bitcoin and offering ways to store it for those that dont want to store it themselves.
mastica
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November 01, 2016, 06:57:55 PM
 #310

Banks wont go anyway further the place they are right now, bitcoin has no skills to make loans for a long period, neither be able to allow to earn 1-3% monthly, even knowing bitcoin its very volatil. I do understand that bitcoin bank might allow people to earn those interest, but the thing is it will put several bitcoins into one place, and hackers will try to get acess to them, they already crossed the walls from banks more then once, soo i would avoid it.
MONKEYJUNK
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November 01, 2016, 08:35:13 PM
 #311

We can't know if banks will disappear or not, but what we know is it will make a huge impact on them once bitcoin becomes ore mainstream, and the only way they can deal with not ending up like kodak is by accepting bitcoin and offering ways to store it for those that dont want to store it themselves.

Mainstream? Bitcoin is a joke right now in a lot of aspects, marketcap, usage, a lot of people trying to scam each other using the coin... Well, the truth is bitcoin users are on a bubble, it will be hard af to become mainstream.
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November 01, 2016, 08:43:14 PM
 #312

An idea to be able to deposit your bitcoins for an extended amount of time and get interest for doing so is a good idea but not if it runs for a short time like these investment programs that you see created everyday.
They run off just after they get enough bitcoins banked for themselves.
mrkevio
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November 01, 2016, 08:46:46 PM
 #313

The problem is that a Bitcoin bank would mean less anonymity which would destroy Bitcoin's real use. Banks don't work anonymously but with your personal data. Anonymity is one of the reasons for which I'm using Bitcoin right now, and that could also lower the price accordingly.

MTBTT
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November 01, 2016, 10:21:37 PM
 #314

perhaps with bitcoin bank, we are so much easier to redeem bitcoin we have. I think if bitcoin bank has been there, maybe a credit card for bitcoin is also made, so that you can redeem bitcoin do you have in atm which have the logo bitcoin. Well it would be very cool
I think it would be as easy as using an exchange. You can also easily pull into the bank in an instant? I think the function of bitcoin bank not only that ?
Qartersa
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November 02, 2016, 02:16:31 AM
 #315

The problem is that a Bitcoin bank would mean less anonymity which would destroy Bitcoin's real use. Banks don't work anonymously but with your personal data. Anonymity is one of the reasons for which I'm using Bitcoin right now, and that could also lower the price accordingly.

Good point. If there would be a bank that can be regulated by a government, then that government can have the power to compel the banks to give information about their clients. States looking into the accounts of clients would totally destroy the point of Bitcoin. Banks will kill Bitcoin.
sonnyacg
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November 02, 2016, 02:37:34 AM
 #316

I do like to be my own bank and those 1% i can get doing trading, or even at sports betting, i dont see the purpose to risk my coins into a bank and get my money over control of someone else, makes no sense let the freedom to go jail once again.
I think it's up to you. it means that you prefer to decentralization for complete control over you. but of course there are some people who also like to invest and save, they do not think with third parties at risk
this is true in some of us who believes that they can control better with their btc they won't support btc bank but for those who see the possibility
of making it safe in this way they will allow to have a center bank for their btc its about assessment and beliefs.
yes, there are always two different things in the opinion of each person. but in my opinion if there Bitcoin bank in the world, it does not matter. maybe if it happens depends on each individual, whether bitcoin he will save it in the bank or not. it depends on each one. Smiley

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November 02, 2016, 03:05:50 AM
 #317

If the bitcoin bank is another user like a pool or exchange with multiple sub-users and many addresses etc. no problem. if they say they have control of blockchain with their own miners then it's not bitcoin but bankcoin. like e-coin on Mr Robot TV show. (E-Corp controls it)
 

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November 02, 2016, 05:31:36 AM
 #318

If the bitcoin bank is another user like a pool or exchange with multiple sub-users and many addresses etc. no problem. if they say they have control of blockchain with their own miners then it's not bitcoin but bankcoin. like e-coin on Mr Robot TV show. (E-Corp controls it)
 
I would not like to see that happening, I just want the current original set up of bitcoin as it can give us independence or freedom on how to spend our money. With the intervention of bank, we will no longer be transacting anonymous anymore.

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November 02, 2016, 05:47:55 AM
 #319

If the bitcoin bank is another user like a pool or exchange with multiple sub-users and many addresses etc. no problem. if they say they have control of blockchain with their own miners then it's not bitcoin but bankcoin. like e-coin on Mr Robot TV show. (E-Corp controls it)

this is never going to happen because that would mean centralization and if it even happens slightly everybody would leave bitcoin.

a bitcoin bank is something like current existing services like coinbase which control the coins, private keys and your money and decide whether or not give it back to you.

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Qartersa
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November 02, 2016, 07:51:31 AM
 #320

If the bitcoin bank is another user like a pool or exchange with multiple sub-users and many addresses etc. no problem. if they say they have control of blockchain with their own miners then it's not bitcoin but bankcoin. like e-coin on Mr Robot TV show. (E-Corp controls it)

this is never going to happen because that would mean centralization and if it even happens slightly everybody would leave bitcoin.

a bitcoin bank is something like current existing services like coinbase which control the coins, private keys and your money and decide whether or not give it back to you.

I don't think Bitcoin banks will be a mandatory thing if ever it would happen. People will still be using their own wallets. Probably Bitcoin banks are just for security purposes or possibly giving Bitcoin more uses in society. Probably, this is what we need so that the world would be able to accept Bitcoins more.
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