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Author Topic: Do you agree with idea "Bitcoin bank" ?  (Read 142288 times)
Ipwich
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April 21, 2017, 08:05:02 AM
 #1641

yea, i agreed bitcoin bank because btc wallet high charge. so i agreed btc bank.
So do you think it will give you a lower fee if there will be a bitcoin bank, I think it will also increase the fee just like the real
bank. As much as possible we have to retain the decentralized and banks will surely eliminate it.

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NEWGOODOUBLE
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April 21, 2017, 08:06:03 AM
 #1642

I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
Yes, I also do not agree with the idea of bitcoin bank, because it will make the bitcoin and real money is the same. In addition, the existence of bitcoin bank then applied the rules such as verification of your original data.
Saving the bitcoin yourself would be much safer than you keep it on a third party like a bank. Because they control your bitcoin along with your identity. Whenever they can be a scam.
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April 21, 2017, 08:12:23 AM
 #1643

I like the idea especially if it generates few bucks as interest. But then again if it needs to be registered it will be under heavy regulations and anonymity will be lost. Hard to imagine and trust an online decentralized bank. Let us just consider these exchanges as our banks without interest and insurance though.
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April 22, 2017, 03:25:11 AM
 #1644

Quote from: ETFbitcoin link=topic=1652815.msg16605982#msg16605982 date=
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 think is not stupid idea
bitcoin bank is good, moreover bitcoin bank is real company real bank, you can withdraw fiat money to bitcoin bank office
deposit, withdraw bitcoin only one office, real office, so bitcoin user can seasy exchange bitcoin to fiat money
Bitcoin in itself is an statement against banks and their power, so while it is possible a bitcoin bank comes to happen most of the users are against it because we understand the underhanded tactics that bankers use to get things done and we don’t want to have anything to do with that.
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April 22, 2017, 03:31:50 AM
 #1645

I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
Yes, I also do not agree with the idea of bitcoin bank, because it will make the bitcoin and real money is the same. In addition, the existence of bitcoin bank then applied the rules such as verification of your original data.
Saving the bitcoin yourself would be much safer than you keep it on a third party like a bank. Because they control your bitcoin along with your identity. Whenever they can be a scam.
Yeah, such situation might happen. The reason is that bitcoin price is continuously growing as well it is described that it reaches very high price. So by that time third party service banks will try to have control of our bitcoin holding it and not allowing to withdraw on our requirement.

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April 22, 2017, 08:33:23 AM
 #1646

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.
NO, I don't agree with this idea. I mean, as for me, this is one of the biggest advantages of bitcoin - that you don't have to use banks, you can keep them safe in your wallet, maybe even safer than in some of the banks and noone is able to control bitcoin. But on the other hand, if more people used BTC banks, then maybe it would be a step forward for more governments to accept bitcoin and make it more widespread, by allowing to make payments with it wherever you want.
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April 22, 2017, 12:04:06 PM
Last edit: April 23, 2017, 05:47:59 PM by Victorycoin
 #1647

I like the idea especially if it generates few bucks as interest.
Sounds interesting! have you ever asked yourself the reason people across the globe are uninterested in banks interest on deposits as source of income? I will tell you, they pay peanuts and turn around to make huge profits out of them.

Quote
But then again if it needs to be registered it will be under heavy regulations and anonymity will be lost. Hard to imagine and trust an online decentralized bank. Let us just consider these exchanges as our banks without interest and insurance though.
Regulation would simply mean, it seizes to be Bitcoin and anonymity of any sort would be history, because the complete data of any user would be only a click away.
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April 22, 2017, 01:47:20 PM
 #1648

Most of us will not agree on this idea but when most of the countries started to regulated and adopt bitcoin.

We don't have choice because there is a possibility that this will happen. If you are very careful on what is happening on bitcoin.

You know that this bitcoin bank is very possible in future.

The government doesn't always have a choice. Tons of illegal stuffs are happening every day and the government cannot control it. Just like how they cannot control us using bitcoins. They cannot regulate it since its decentralized. And regulating bitcoins will destroy the coin. That will make people just move to a different coin. Honestly, what's the point of using bitcoins when the government has control of it. The whole point of bitcoin and most cryptocurrencies is to remove the government from our transactions.

Bitcoin bank is truly possible although it would be pointless to most but bitcoin being regulated by the government is very unlikely.
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April 22, 2017, 02:11:46 PM
 #1649

I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.
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April 22, 2017, 02:56:08 PM
 #1650

I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.
Yes, it is true that having a bank for bitcoins is very safe but I think that's unnecessary, I never want to bring money to others hold. I feel we keep our money is still the safest, when the bank accepts bitcoin, bitcoin will have tax, it will affect my income. Banks only make bitcoin transactions fast and convenient but it will limit the development of bitcoin. I believe the government also does not accept bitcoin because they can not control bitcoin, so idea Bitcoin bank will not happen

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April 22, 2017, 02:59:07 PM
 #1651

I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.
Yes, it is true that having a bank for bitcoins is very safe but I think that's unnecessary, I never want to bring money to others hold. I feel we keep our money is still the safest, when the bank accepts bitcoin, bitcoin will have tax, it will affect my income. Banks only make bitcoin transactions fast and convenient but it will limit the development of bitcoin. I believe the government also does not accept bitcoin because they can not control bitcoin, so idea Bitcoin bank will not happen
Its really unneccessary and thinking off that we do have lots of wallets online or offline which can be used on storing bitcoin which means bitcoin banks wont really be needed at all from the very first place and as you said government wont really allow such thing that there would be a bitcoin bank since they cant really benefit at all and no bitcoin user will surely use that bank if the plan have been imposted.

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April 22, 2017, 06:39:47 PM
 #1652

yea, i agreed bitcoin bank because btc wallet high charge. so i agreed btc bank.
So do you think it will give you a lower fee if there will be a bitcoin bank, I think it will also increase the fee just like the real
bank. As much as possible we have to retain the decentralized and banks will surely eliminate it.
to me i personally do not think that they will charge a less fee than wallet, i do not like the because it is like to traditional banking system and i do not take it. i think it is best to use online wallet from anywhere and at any time, as there is restriction about the time and place to your your online wallet, therefore i will like to continue with online wallet system.

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April 22, 2017, 06:43:54 PM
 #1653

yea, i agreed bitcoin bank because btc wallet high charge. so i agreed btc bank.
So do you think it will give you a lower fee if there will be a bitcoin bank, I think it will also increase the fee just like the real
bank. As much as possible we have to retain the decentralized and banks will surely eliminate it.
to me i personally do not think that they will charge a less fee than wallet, i do not like the because it is like to traditional banking system and i do not take it. i think it is best to use online wallet from anywhere and at any time, as there is restriction about the time and place to your your online wallet, therefore i will like to continue with online wallet system.

I agree with you. I do not need a bank like that either. What is the point in this? I myself can use all the services through my wallet. It's convenient and free. The banking system charges large commissions for this
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April 22, 2017, 07:15:37 PM
 #1654

I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.

Well its possible for you to keep your bitcoin safe. You don't need bitcoin banks to do it. You can control your bitcoin by keeping the private key or the seed. At least you have total control of it. You can withdraw or deposit bitcoin in your wallet as well. So for me, having a bitcoin bank is useless. It defeat the purpose of bitcoin being de-centralized.

 
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prashanta
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April 22, 2017, 07:51:15 PM
 #1655

Sounds great, Obviously , such situation must be happened. Because is that btc price is frequently growing up as well it is described that it reaches very high price. So by that time third party service banks will try to have control of our btc holding it on our requirements.
Most probably that time is closed to door.
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April 22, 2017, 08:20:47 PM
 #1656

Quote from: ETFbitcoin link=topic=1652815.msg16605982#msg16605982 date=
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 think is not stupid idea
bitcoin bank is good, moreover bitcoin bank is real company real bank, you can withdraw fiat money to bitcoin bank office
deposit, withdraw bitcoin only one office, real office, so bitcoin user can seasy exchange bitcoin to fiat money
Bitcoin in itself is an statement against banks and their power, so while it is possible a bitcoin bank comes to happen most of the users are against it because we understand the underhanded tactics that bankers use to get things done and we don’t want to have anything to do with that

I wholeheartedly agree with this stance

But that doesn't mean that banks can't adapt. In fact, Bitcoin is not so much against commercial banks as such, as against the centralized banking system with a Central bank reigning supreme in the heart of it. But that hasn't always been the case. There had been times when banks were not ruled and controlled by an entity which we now refer to as central bank. Each bank was fully on their own back then, and I don't think that those banks would be against Bitcoin just like Bitcoin itself would be "a statement against banks and their power" in regard to such banks

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April 22, 2017, 08:23:55 PM
 #1657

I'm just going to c/p this from another member.
"I think we don't need it as bitcoin is meant to remain decentralized always and the idea of bank is to centralize bitcoin." /closed

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April 23, 2017, 06:31:14 PM
 #1658

Quote from: ETFbitcoin link=topic=1652815.msg16605982#msg16605982 date=
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 think is not stupid idea
bitcoin bank is good, moreover bitcoin bank is real company real bank, you can withdraw fiat money to bitcoin bank office
deposit, withdraw bitcoin only one office, real office, so bitcoin user can seasy exchange bitcoin to fiat money
Bitcoin in itself is an statement against banks and their power, so while it is possible a bitcoin bank comes to happen most of the users are against it because we understand the underhanded tactics that bankers use to get things done and we don’t want to have anything to do with that

I wholeheartedly agree with this stance

But that doesn't mean that banks can't adapt. In fact, Bitcoin is not so much against commercial banks as such, as against the centralized banking system with a Central bank reigning supreme in the heart of it. But that hasn't always been the case. There had been times when banks were not ruled and controlled by an entity which we now refer to as central bank. Each bank was fully on their own back then, and I don't think that those banks would be against Bitcoin just like Bitcoin itself would be "a statement against banks and their power" in regard to such banks
Each bank to itself was back in the days, but what we now have is a central bank - an agency of the government for monitoring, manipulating and dictating to the appendage banks however and whatever they deem fit. How are those ever going to fit in with what Bitcoin stands for? Bitcoin was designed to turn every user into his/her own bank anything more in that direction is simply useless.
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April 23, 2017, 07:24:43 PM
 #1659

You can't agree or not agree with a Bitcoin bank since there already is a bank. You are the bank. If you don't know these things then why re you on the forum ? Knowing you are your own bank is the basics of bitcoin. Anyone entertaining this silly notion shouldn't even be involved in bitcoins never mind be on this thread.

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April 23, 2017, 07:28:08 PM
 #1660

Quote from: ETFbitcoin link=topic=1652815.msg16605982#msg16605982 date=
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 think is not stupid idea
bitcoin bank is good, moreover bitcoin bank is real company real bank, you can withdraw fiat money to bitcoin bank office
deposit, withdraw bitcoin only one office, real office, so bitcoin user can seasy exchange bitcoin to fiat money
Bitcoin in itself is an statement against banks and their power, so while it is possible a bitcoin bank comes to happen most of the users are against it because we understand the underhanded tactics that bankers use to get things done and we don’t want to have anything to do with that
I wholeheartedly agree with this stance

But that doesn't mean that banks can't adapt. In fact, Bitcoin is not so much against commercial banks as such, as against the centralized banking system with a Central bank reigning supreme in the heart of it. But that hasn't always been the case. There had been times when banks were not ruled and controlled by an entity which we now refer to as central bank. Each bank was fully on their own back then, and I don't think that those banks would be against Bitcoin just like Bitcoin itself would be "a statement against banks and their power" in regard to such banks
Each bank to itself was back in the days, but what we now have is a central bank - an agency of the government for monitoring, manipulating and dictating to the appendage banks however and whatever they deem fit. How are those ever going to fit in with what Bitcoin stands for? Bitcoin was designed to turn every user into his/her own bank anything more in that direction is simply useless.

But you seem to have missed the real point of my post

Indeed, the banking system built around a central bank is in direct antagonism to Bitcoin (even if individual banks can embrace Bitcoin in some obscure or bizarre way), but that doesn't mean that banks, conceptually, are antagonistic to Bitcoin. If it were so, we couldn't even say that Bitcoin can turn "every user into their own bank", right? In the other words, there can be wicked banks which are the spawns of an ever evil central bank, and angel banks which are just like a typical Bitcoin user from the network perspective

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