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Author Topic: Do you agree with idea "Bitcoin bank" ?  (Read 142233 times)
mace15
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September 12, 2017, 09:54:24 PM
 #2081

I think bitcoin bank is not a good idea, because what is the purpose of having a lot of wallet ? And If we put our bitcoin in the banks we cannot manage easily to it, and storing your bitcoin in banks its not safe.
Exactly, what is the use of online wallet that we could save btc. Bitcoin bank will create complications as this is controlled by a company. I prefer an online wallet where as I can only monitor the account which Im the only one who holds my personal data, private keys and a lot more.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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September 12, 2017, 10:20:51 PM
 #2082

I totally do not agree to it.
If there is any...there will too much holding and too much rules and regulation. It won't be a fair balance. So for me, no bitcoin bank
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September 12, 2017, 10:47:21 PM
 #2083

Its good to start a Bitcoin Bank as their will be more profits to the Bitcoin company, but I think they wont start of now since they need legal documents and so on.

to me i personally not in favour of bitcoin banks because i think it will be the same traditional way of banking system therefore i will only prefer the online wallet system which is best to use and get your bitcoin, in fact using your wallet you can get a very access to your wallet from anywhere and at any time, you do not need to wait for a long time.
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September 12, 2017, 11:44:24 PM
 #2084

I do not agree to the presence of bitcoin bank, if this happens of course we are very dependent bank and can damage the decentralization system.


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BitcoinMuscle
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September 12, 2017, 11:59:02 PM
 #2085

Definitely dont agree the idea of a bitcoin bank. If that happens governments will take control of them, we will have to pay extra taxes and will appear other complications that will affect bitcoin price a lot
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September 13, 2017, 12:20:40 AM
 #2086

Yes, i agree at using bitcoins banks, i think there must ba a bank that is only exclusive of bitcoins and for bitcoin member and users. Due to the increase of its value and population, many people are beginning to invest and even earn a lot of money using their wallet that can be hacked. I guess it's about time to have a real security using the bank just like other banks. Also, we could convent bitcoins to real money just by going to bitcoin banks without or with less tax to pay.
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September 13, 2017, 12:51:06 AM
 #2087

No. I don't agree with it. There are lot of things that we need to take into consideration first before we do Bitcoin Banks. First, who will be the regulating bodies? Bitcoin is not yet fully accepted worldwide. Second, we all know that Bitcoin is decentralized and can be used with anonimosity. If we will have Bitcoin banks, we will need to reveal our identities. And lastly, once we have Bitcoin banks, for sure we will be tax by the government. Much better to keep it by yourself.
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September 13, 2017, 01:22:17 AM
 #2088

Thought Blockchain is already our Bitcoin bank. If what you mean is the traditional bank then I think not necessary. Such bank are why Bitcoin existed in the first place
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September 13, 2017, 02:09:59 AM
 #2089

I'm not sure about setting up a bitcoin-based bank, because in the bank there are many regulatory rules that are detrimental to the customer rather than the customer's profit, such as interest, imagine if the bank also manages bitcoin, what percentage of interest will be promised and even then maybe just a promise. I never agree there is a bank in this world, because the system uses a system of usury that many detrimental to its customers.

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September 13, 2017, 03:23:20 AM
 #2090

I agree.
it would be easier of course if there is a place to do bitcoin transactions directly.

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September 13, 2017, 03:26:57 AM
 #2091

I disagree with this idea "bitcoin bank" because first of all bitcoin is decentralized currency already. If you put bitcoin in a bank means there is a certain person or group that is holding our bitcoins and its centralized already. I like to put my bitcoins to microwallets for me rather than a bitcoin bank. Thats my opinion

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September 13, 2017, 03:27:48 AM
 #2092

I disagree because if there is a bitcoin bank then the nature of bitcoin will be like a fiat, and later there will be a misuse of this, the bank is just making bad bitcoin  Angry

iamMhew
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September 13, 2017, 03:31:55 AM
 #2093

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.

for me it is a good idea that to have us bitcoin bank. but in the other side it is have a big risk to have one. why? because most of use are anonymous in this bitcoin world. how could we say that this bitcoin bank is totally legit and we all have in a good hand for those future clients who wants these services, let say it is a good idea to have but not totally recommended because of high anonimity.
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September 13, 2017, 03:43:59 AM
 #2094

Bitcoin bank? Ever heard of Blockchain? Or private keys?

By owning Bitcoin, we become our own bank. You control your keys, you secure your money, you are your own bank.
Wong Gendheng
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September 13, 2017, 03:59:10 AM
 #2095

yes I agree, I think banks and bitcoin can work together to make transactions easier and simpler. of course bitcoin and bank will strengthen each other so I think this is a very good idea.
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September 13, 2017, 04:26:41 AM
 #2096

yes I agree, I think banks and bitcoin can work together to make transactions easier and simpler. of course bitcoin and bank will strengthen each other so I think this is a very good idea.
We still need bank to do transactions with bitcoin especially for cashing out. I think btc bank can be a great help for us to make it more convenient.


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September 13, 2017, 04:39:38 AM
 #2097

i dont agree.. it will be easy manipulated and control by a person if bitcoin bank exist.. totally disagree.. more advantage to the owner rather to ourself.. what happen this bank rob our money. what will happen.. that also will attract many hacker to attack this bank. what will happen if hacker manage to steal our money in this bank.. who wil be blamed? i dont think this will be a good idea.

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September 13, 2017, 04:39:58 AM
 #2098

yes I agree, I think banks and bitcoin can work together to make transactions easier and simpler. of course bitcoin and bank will strengthen each other so I think this is a very good idea.
Bank will accept and that is fun but we should not limit only for bitcoin bank as we know how strict they will be if it will based on the current banking system law. We can still rely on exchanges and to see more options would make it good to use bitcoin, I don't trust bank in terms of protecting our personal information as they are just humans, they collect to much information from us that might be expose.

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September 13, 2017, 05:11:20 AM
 #2099

I agree with a DECENTRALIZED Bitcoin bank which is run by the nodes, and has no central authority. This is what we truly need to keep people safe. Although, technically it could be said that is exactly what the blockchain is.
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September 13, 2017, 05:25:13 AM
 #2100

yes I agree, I think banks and bitcoin can work together to make transactions easier and simpler. of course bitcoin and bank will strengthen each other so I think this is a very good idea.
We still need bank to do transactions with bitcoin especially for cashing out. I think btc bank can be a great help for us to make it more convenient.

I don't think so as here in my country we can convert fiat without the need of bank. We have a lot of options where to cash out and it's working fine.
If bank and bitcoin will work together this will be a total chaos to all users, the pseudonym will be loss and the hackers will have a full access. Banks aren't safe that even their employees are suspected of glitches that are happening. We are now doing fine without banks so just be it.

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