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Author Topic: Do you agree with idea "Bitcoin bank" ?  (Read 142288 times)
mikecgna
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November 18, 2016, 05:21:28 PM
 #421

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.
If someday bitcoin having a bitcoin bank i think this ain't gonna happen . First reason why is bitcoin is not really stable price so it means when you are going to save your bitcoin in bank like what we use to bitcoin wallet then there are chance that we can still earn bitcoin or not? And how many percentage of fee's they rip when we are withdrawing our bitcoin.
If you tell the truth, you want to be the bank has already started, which will protect the interests of its customers and users in general. So how do these banks have not satisfied anyone. Therefore bitcoin bank must demonstrate their conditions and possibilities.
richardsNY
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November 18, 2016, 05:31:19 PM
 #422

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.
If someday bitcoin having a bitcoin bank i think this ain't gonna happen . First reason why is bitcoin is not really stable price so it means when you are going to save your bitcoin in bank like what we use to bitcoin wallet then there are chance that we can still earn bitcoin or not? And how many percentage of fee's they rip when we are withdrawing our bitcoin.
If you tell the truth, you want to be the bank has already started, which will protect the interests of its customers and users in general. So how do these banks have not satisfied anyone. Therefore bitcoin bank must demonstrate their conditions and possibilities.

Bitcoin banks are nothing like a regular bank that is superviced by governments. That's why people shouldn't take the term 'Bitcoin bank' too serious. It could be an exchange, online wallet service and you name it. It won't be anything official. It will be a centralized incentive just like all other things in the world. So tell me, why would you give up the decentralized aspect of Bitcoin? For the poor interest rate? Doesn't make sense.
raven7886
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November 18, 2016, 05:58:29 PM
 #423

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.
If someday bitcoin having a bitcoin bank i think this ain't gonna happen . First reason why is bitcoin is not really stable price so it means when you are going to save your bitcoin in bank like what we use to bitcoin wallet then there are chance that we can still earn bitcoin or not? And how many percentage of fee's they rip when we are withdrawing our bitcoin.
But in my understanding and predictions, banks may start buying and selling bitcoin business for their survival.

People will be using their traditional bank for loading their bank cards, I mean to say we do not have any specialised services for bitcoin debit cards, those words will be done by our national banks itself.

Will this not possible ? Will it have any limitation due to bitcoin's price fluctuations ?
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November 18, 2016, 05:59:15 PM
 #424

     Bitcoin is the digital cryptocoin were is decentralized, easy to setup, anonymous, completely transparent, fast, very law fees in transactions (practically near zero) and most important freedom because everyone at the same time is the bank and the customer. Which of previous characteristics has a bank?   
yes no doubt all these characteristics of bitcoin are free but to me the main problem is that still not a single country accept bitcoin as legal currency, if we want bitcoin more stable and more reliable then it must be legalize by states.

You cannot expect bitcoin to be accepted as a "legal" currency. The governments will never regulate it and only try to stop it. People have associated with malware and ponzi schemes first before accepting it as a currency.

Bitcoin and Bank are two opposite things. Hence I do not agree with the idea of Bitcoin Bank.

 
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November 18, 2016, 06:29:32 PM
 #425

     Bitcoin is the digital cryptocoin were is decentralized, easy to setup, anonymous, completely transparent, fast, very law fees in transactions (practically near zero) and most important freedom because everyone at the same time is the bank and the customer. Which of previous characteristics has a bank?   
yes no doubt all these characteristics of bitcoin are free but to me the main problem is that still not a single country accept bitcoin as legal currency, if we want bitcoin more stable and more reliable then it must be legalize by states.

You cannot expect bitcoin to be accepted as a "legal" currency. The governments will never regulate it and only try to stop it. People have associated with malware and ponzi schemes first before accepting it as a currency.

Bitcoin and Bank are two opposite things. Hence I do not agree with the idea of Bitcoin Bank.
That one is called the formation of the bank that more education is also a bank, as well, and their functionality will be wearing the same identical actions. And just guess who will suffer again from their deyatelnosi.
PeRo
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November 18, 2016, 06:51:13 PM
 #426

Bitcoin is made to be everything opposite of the fiat currency system. Bitcoin banks would ruin the whole Bitcoin system. The system is great now as it is and I strongly agree that the whole idea of the Bitcoin bank is stupid and we do not need it.

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sourris01
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November 18, 2016, 08:28:01 PM
 #427

Bitcoin is made to be everything opposite of the fiat currency system. Bitcoin banks would ruin the whole Bitcoin system. The system is great now as it is and I strongly agree that the whole idea of the Bitcoin bank is stupid and we do not need it.
I also agree with you, because all of the benefits bitcoin immediately become impossible after the creation of bitcoin bank. Who would then pay the taxes and the price of bitcoin will fall "below nowhere"
krishna1
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November 18, 2016, 08:58:28 PM
 #428

i dont wanna see any more banks ever in thos clean money system. i do not care it supports bitcoin or not all it will do is slow down the network, rip off many users privacy and i do not think they can gove any more security and ifthey talk about that cold storage thing then we already have those type of features in a lot of wallets

MTBTT
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November 18, 2016, 09:52:52 PM
 #429

Bitcoin bank is good idea, I sure with bitcoin bank will increase for bitcoin users and made central bank from government accept bitcoin as legal transactions. Bitcoin bank also keep of inflation.
I think just because bitcoin bank in the world bitcoin I do not think that the government will then change his mind to make bitcoin be legal, I think there will be no relationship with bitcoin bank, but I agree with bitcoin bank
1Referee
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November 18, 2016, 10:06:21 PM
 #430

Bitcoin bank is good idea

No, it's not.

I sure with bitcoin bank will increase for bitcoin users

No, you're wrong. It will not do anything beside taking the money from noobs in return for a shitty interest reward, as that is the only thing these ignorant people are thinking about.

and made central bank from government accept bitcoin as legal transactions.

Keep dreaming. I don't know whether you just say this in order to bump your post count, or that you seriously believe in this nonsense. Governments will never accept and/or show support for Bitcoin as it works outside their reach. Would you incorporate something in your business that has the potential to disrupt the entire business structure? I don't think so. Neither will the governments.

Bitcoin bank also keep of inflation.

Uh, what exactly do you mean by this? The number of coins? Regardless of any service, bank, governments and all other parties, Bitcoin has a fixed coin cap with a known supply of daily minted coins. The inflation of coins is something you can't do anything about, neither can a so called Bitcoin bank.
uname
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November 18, 2016, 10:18:54 PM
 #431

Bitcoin bank is good idea, I sure with bitcoin bank will increase for bitcoin users and made central bank from government accept bitcoin as legal transactions. Bitcoin bank also keep of inflation.
I think it was not a good idea, many people want a privacy and bitcoin give it (anonymously) if you're using bitcoin bank certainly your identity will be exposed and where the privacy afforded bitcoin?

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November 18, 2016, 10:46:32 PM
 #432

I like bitcoin because you don't need to trust any bank or company for your money. I don't understand why some users want to keep their bitcoins on a "bank". If you keep your bitcoins on a bank you could have the same problems that users had with their fiat money on Chipre or Greece.
twinkletoes007
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November 18, 2016, 11:00:54 PM
 #433

Doesnt matter if you agree. They are coming. It will be a process. No fractional reserves..
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November 19, 2016, 09:00:11 AM
 #434

At first I liked bitcoin because you don't need to have a bank to start earning. Anyone can just create his own bitcoin wallet and not upload any document at all. I don't think mixing up the idea of bitcoin and bank is a good idea. They are two opposite things. Bitcoin is anonymous and decentralized, while bank is not anonymous and is controlled by the government. The whole point of bitcoin will be destroyed if the idea of bitcoin bank is implemented. It'll be just like fiat.

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tabas
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November 19, 2016, 11:58:22 AM
 #435

At first I liked bitcoin because you don't need to have a bank to start earning. Anyone can just create his own bitcoin wallet and not upload any document at all. I don't think mixing up the idea of bitcoin and bank is a good idea. They are two opposite things. Bitcoin is anonymous and decentralized, while bank is not anonymous and is controlled by the government. The whole point of bitcoin will be destroyed if the idea of bitcoin bank is implemented. It'll be just like fiat.

It is now going to be destroyed as some news and speculations that a central bank will adopt the usage of bitcoin and wants to make their own service as a crypto bank. So this type of idea will be just like what you are feared to happen but this is not going to be a good idea for we are using bitcoin because wanted our information to be anonymous.

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November 19, 2016, 02:42:52 PM
 #436

Doesnt matter if you agree. They are coming. It will be a process. No fractional reserves..

Alright, so I guess you are going to build the first (and last) ever bitcoin bank. Let us know of the procedures of transactions and what exactly are you trying to do with the bank?
Will it spread awareness about bitcoin to the general public? Will it ease the process of exchanging fiat to bitcoin and vice versa?

Just claiming that something is coming is not practical as long as you dont provide any concrete proof about the same.

 
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Senor.Bla
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November 19, 2016, 02:52:28 PM
 #437

Doesnt matter if you agree. They are coming. It will be a process. No fractional reserves..

Alright, so I guess you are going to build the first (and last) ever bitcoin bank. Let us know of the procedures of transactions and what exactly are you trying to do with the bank?
Will it spread awareness about bitcoin to the general public? Will it ease the process of exchanging fiat to bitcoin and vice versa?

Just claiming that something is coming is not practical as long as you dont provide any concrete proof about the same.

i also would love to here this. seems to me that people do not realise that you need money in order to run a bank. this money has to come from somewhere. the customer. so a bitcoin bank will not be for free and they will find other ways to take money from you. this does not solve the problem. and at this point we are not even talking about the technical difficulties of a bitcoin bank.

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November 19, 2016, 03:00:15 PM
 #438

Yes I agree with bitcoin bank, I sure with bitcoin bank make more popular and make new job opportunities. Maybe can help poor countries and save all products.


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November 19, 2016, 03:03:18 PM
 #439

Yes I agree with bitcoin bank, I sure with bitcoin bank make more popular and make new job opportunities. Maybe can help poor countries and save all products.

But.... What about the anonymity we're mostly looking for here? Bitcoin bank = no privacy. We already had our privacy taken by the states because they wanted to.. Now this is the only place I finally feel like home. I prefer not being known by anyone else.. A Bitcoin bank will take away the most important features Bitcoin normally has..
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November 19, 2016, 03:24:05 PM
 #440

Yes I agree with bitcoin bank, I sure with bitcoin bank make more popular and make new job opportunities. Maybe can help poor countries and save all products.

But.... What about the anonymity we're mostly looking for here? Bitcoin bank = no privacy. We already had our privacy taken by the states because they wanted to.. Now this is the only place I finally feel like home. I prefer not being known by anyone else.. A Bitcoin bank will take away the most important features Bitcoin normally has..
The Bitcoin Bank os not feasible for us citizens for any country. I know having a business especially a bank will make certain issues be raise because of the use of Bitcoin. Legalities such as privacy and taxes come to mind with that kind of business. Also Bitcoin's price appreciation is bigger than any interest rate of a bank, Bitcoin in your wallet is better off without a bank.
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