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Author Topic: Do you agree with idea "Bitcoin bank" ?  (Read 142288 times)
ilyadt
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October 17, 2017, 05:08:10 PM
 #2341

Individually I would never use it! but something can make bitcoin much more popular to the mass it could be good for us as well! we want as numerous different techniques as possible to make it more trustable to every person
Hotel_Prodeo
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October 17, 2017, 05:17:27 PM
 #2342

I do not agree with bitcoin bank. because we store bitcoin in bitcoin wallet. so bitcoin bank is not needed nowadays. this is just in my opinion

Yes right, it would be like a function if we saving money in the bank, would be many rules for example to make wallet must use official identity or SIM. bitcoin is free, so there should be no limit.


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Influmezo
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October 17, 2017, 06:44:36 PM
 #2343

Very first you need to think of why individuals would use a bitcoin bank.  Standard financial institutions give us the capability to execute net transactions and we will not need to have that with bitcoin as it comes by natural means.Typical financial institutions make our income much more protected because we will not have to fret about our residence burning down with all our financial savings inside of. Bitcoins can be held in numerous spots at once as backups so we do not need to have this characteristic.IMO bitcoin lender has no explanation to exist.
rasmadisulaiman
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October 17, 2017, 07:08:26 PM
 #2344

I disagree with the idea of ​​bitcoin bank. Because it might make my privacy distracted by charging personal data filed by a bitcoin bank if in case the bitcoin bank exists. I am worried about the freedom of transactions, will be restrained by bitcoin banks.

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salihno71
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October 17, 2017, 07:12:00 PM
 #2345

Bitcoin bank would make sense if it would give you the possibility to have the regular fiat account and internal market where you could move funds from crypto to fiat and vice versa.
ManavKalyan
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October 17, 2017, 07:20:28 PM
 #2346

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.

If you mean a bitcoin bank where you can safely store your Bitcoins I see that's a good thing.
This will help individuals not worry about losing Bitcoins by getting hacked.
This transfers the risk from an individual to the Bank and if the banks can pay interest to the individuals for parking the BTCs with them then I don't see a negative.

But I do not like banks in the traditional sense. There should be no fractional reserve lending rights to the Banks or to anyone (not even miners) ..
And anonymity should be maintained. Governments these days, especially in developing countries, see taxing individuals is the way to collect their revenues while corrupt politicians stash millions away..

Decentralized is good..
DrYe5
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October 17, 2017, 08:21:10 PM
 #2347

Individually I would never use it! but something can make bitcoin much more popular to the mass it could be good for us as well! we want as numerous different techniques as possible to make it more trustable to every person


I'm not too sure about that. At least I would have waited for even greater bursts of bitcoin and then I would think of something like that. I sincerely doubt that such a thing could be checked now.
bennybeezy
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October 17, 2017, 08:59:24 PM
 #2348

I think the term 'Bitcoin bank' is an oxymoron. Bitcoin came into existence because the banking system failed us back in 2009, and so to use the term bank when referencing Bitcoin is almost an insult. Wallet or vault is definitely more appropriate because that suggests it's in your control and highly secure but I would personally never want to see those two words being used together in the same sentence  Kiss
w5pn73
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October 17, 2017, 09:05:02 PM
 #2349

I think the term 'Bitcoin bank' is an oxymoron. Bitcoin came into existence because the banking system failed us back in 2009, and so to use the term bank when referencing Bitcoin is almost an insult. Wallet or vault is definitely more appropriate because that suggests it's in your control and highly secure but I would personally never want to see those two words being used together in the same sentence  Kiss

I'm glad you said it pal.
Some people just don't understand what BTC is about and how it got started.
Shikaina
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October 17, 2017, 09:10:08 PM
 #2350

Naaaaa!! My coins are safer in my wallet. I dont need another sucker of my hard earned coins. Banks is bank, they wont survive without bank fees and interests.. without bank i will not paying those, though wallets take some amount from our coins too but only minimal.
Luthfiyaaa
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October 18, 2017, 05:01:20 AM
 #2351

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 it's a good idea to have a bitcoin bank. because we can keep our bitcoins safely. but will bitcoin banks be safe enough to store bitcoins and avoid hackers ? and will there be many members who believe in bitcoin bank? if bitcoin bank is trusted and very safe, maybe there are many members use it.
Jaydeepjani
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October 18, 2017, 05:12:26 AM
 #2352

It can be possible and I think that's a good idea . People can keep their Bitcoins safe there and I think it will be a great idea to open up Bitcoin banks
zabjerr
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October 18, 2017, 05:39:34 AM
 #2353

that's a very good idea if it's true that we have a coin deposit and can not keep it as long as the hackers, though hard to come true, is a dream.
Mazda17
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October 18, 2017, 05:46:04 AM
 #2354

This is a great idea. Of course I was very happy to hear this information. I can get the services that will make me able to save bitcoin. but there should be a institutions arranging to be able make this reliable service Bitcoin BANK.
Opinions and Ideas are very good and I totally agree with these terms all. If I really do realize that bitcoin is a bank for many people then surely I am very happy because I can get a service to save a lot of bitcoin and I will not easily wasteful to sell bitcoin again if bitcoinya can be saved or invested. But there must be an organizing agency that can take advantage of Bitcoin bank's reliable services, so that many people believe in the rules.
Ziskinberg
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October 18, 2017, 05:50:07 AM
 #2355

that's a very good idea if it's true that we have a coin deposit and can not keep it as long as the hackers, though hard to come true, is a dream.
When it's a bank it normally has insurance so when you entrust them your bitcoins you don't worry much of the hacking possibility, however the decentralized purpose of bitcoin is defeated because we have to trust them our money and they can monitor the in and out just like a regular banking system.

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October 18, 2017, 05:55:14 AM
 #2356

When Bitcoin bank get to pchysical existence, traditional banksters and all other shitty-mitty personas would love to get onboard, into management, etc.
... and, of course, banking regulations apply to such pchysical financial institution.
I am not sure, you are talking about "real brick & mortar" bank or
.... about internet based bank that could stay in a shadow, or similar scheme.

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jokowi
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October 18, 2017, 07:09:28 AM
 #2357

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 agree with the bitcoin bank idea. Actually bitcoin is growing and attracting many participants. There should also be banks for participants to save and store their money. And we can also borrow money like other banks. And save your bitcoin money.
darefreads
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October 18, 2017, 07:32:12 AM
 #2358

That is a good idea in making a bank account in Bitcoin. But not now because it is not really legal in many country like mine. It may cause trouble to the other banks
najmul33
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October 18, 2017, 09:04:21 AM
 #2359

Yes That's a very good idea if it's true that we have a coin we can Dipostit in Bitcoin bank.
And we can also borrow Bitcoin like other banks.  Grin Grin Grin
dExplorer
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October 18, 2017, 09:11:13 AM
 #2360

I quitely like this idea, because we can withdraw easily our bitcoins and save it up there, and we can do transactions easily and maybe borrow some of it. Although there are maintenance, our bitcoin value will still rise, it is better to be secure after all
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