Do you agree with idea "Bitcoin bank" ?

[cryptokitty]

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 don't think so. One of the main characteristics of BTC is that it is decentralized and cannot be controlled by somebody. Bitcoin is decentralized and yet will be needing bitcoin bank to manipulate our existing BTC.

[hajar]

I agree with you . that bitcoin gives us an exceptional service. we have full access without any deletions. we are free of any embarrassing, we can get anything with bitcoin. This is a remarkable thing. bitcoin bank will make us powerful. its the futur

[BTCMILLIONAIRE]

I agree with you . that bitcoin gives us an exceptional service. we have full access without any deletions. we are free of any embarrassing, we can get anything with bitcoin. This is a remarkable thing. bitcoin bank will make us powerful. its the futur

No it's not. There's no point in having a Bitcoin bank. Please go and educate yourself on why Bitcoin was created in the first place.

Also, why would you want a Bitcoin bank? You already have a fully functional wallet.

[jhongzjhong]

I'm not sure this idea will works on, maybe its a long process with it and to become bitcoin legalized if ever have a bitcoin bank. It is also controlled by our government if ever happened. What is the used of our wallet its just like a bank easy to spend our bitcoin, safe and secure our bitcoin storage. But if bitcoin do that idea have a bitcoin bank we need to follow just for our own good and for the future of bitcoiners.

[Cimmy_revenger]

I also disagree with that crazy idea , what guarantee does the bank offer for security ? it is difficult to be realized because of the decentitization of Bitcoin.
although Bitcoin transactions are Transparent but it is still difficult to trace who owns them.

[rockyboy]

I don't get the point of having Bitcoin Bank in cryptocurrency. I am not in favor of this kind of idea.  What i most like about BTC is for being decentralized.

In my opinion, having bitcoin bank may let BTC become centralized because a new party may control our BTC.

[BTCMILLIONAIRE]

I also disagree with that crazy idea , what guarantee does the bank offer for security ? it is difficult to be realized because of the decentitization of Bitcoin.
although Bitcoin transactions are Transparent but it is still difficult to trace who owns them.

Tracing isn't so much the problem. But if the bank "loses" access to the coins there will be nobody to bail the people out and the money will be lost. So it's better to store the coins yourself.

[augmentedinvestor]

I think people have proven too stupid in some cases to handle the responsibility of handling their own private key. I think there is market demand for a person to have "peace of mind" by locking it up in multi-signature wallets in physical underground locations, for a premium of course.

[mitchr4]

I also disagree with that crazy idea , what guarantee does the bank offer for security ? it is difficult to be realized because of the decentitization of Bitcoin.
although Bitcoin transactions are Transparent but it is still difficult to trace who owns them.

Tracing isn't so much the problem. But if the bank "loses" access to the coins there will be nobody to bail the people out and the money will be lost. So it's better to store the coins yourself.

Like any other Bank they can control our money. And if Bank Bitcoin is there it means BTC also they can be controlled and store data wallet like Private key. I do not think it will be safe there.

[Canday]

Properly, if they are generating an interest that is secure, confident. I indicate, the purpose why a whole lot of people will not see bitcoin as a great investment decision is because it doesn't generate fascination, and there aren't really any regulated bitcoin banking companies.Nevertheless, if you are storing your bitcoins at a bitcoin lender without curiosity then what's the stage? Just keep on to your non-public key and you will be good.

[BTCMILLIONAIRE]

I also disagree with that crazy idea , what guarantee does the bank offer for security ? it is difficult to be realized because of the decentitization of Bitcoin.
although Bitcoin transactions are Transparent but it is still difficult to trace who owns them.

Tracing isn't so much the problem. But if the bank "loses" access to the coins there will be nobody to bail the people out and the money will be lost. So it's better to store the coins yourself.

Like any other Bank they can control our money. And if Bank Bitcoin is there it means BTC also they can be controlled and store data wallet like Private key. I do not think it will be safe there.

It's the same with exchanges though. But in either case, I don't see any merit of keeping Bitcoins in a bank. Unless it's a Trezor or Ledger that you keep in a bank safe... then maybe.

I think people have proven too stupid in some cases to handle the responsibility of handling their own private key. I think there is market demand for a person to have "peace of mind" by locking it up in multi-signature wallets in physical underground locations, for a premium of course.

True... I wonder how many coins have been permanently lost so far.

[Ranly123]

I think having bitcoin is also having a bank with a currency using bitcoin. Example of the bank i mention is your wallet, since it work like a bank that can be transacted anywhere and everywhere.

[Barbarian]

No.
Bitcoin/Crypto Currency is freedom. We must not go back. We must go forward!
 

Not only it will be a step backwards it could steal from us the last opportunity to change the system, after bitcoin then what can be possible invented that can be better than what we have, it is very difficult to imagine something better than bitcoin so the hegemony of banks will continue uninterrupted for a long time if we let that happen.

The opportunity to centralise and control emission of cryptocurrency is already lost for banks. I don't think a bank will seriously give a try. But banking services is not about 'centralise, control and make evil' only. It's more about the low fees and high speed of transactions, it's big infrastructure that exists already and almost ready to work with cryptocurrencies.

I will not underestimate them they found a way to centralize the emission of gold coins even if anyone can create gold coins, so I’m sure they are trying to find a way to play the same trick on bitcoin, maybe that will not work right now, but when most people adopt bitcoin they may succeed since the average person does not know anything about the history about money.

[Bacotan Bae]

I think having bitcoin is also having a bank with a currency using bitcoin. Example of the bank i mention is your wallet, since it work like a bank that can be transacted anywhere and everywhere.

I think it different, if we use the services of the bank then it is the same with the services of many third party rules, now the wallet is not much rules so in a matter of minutes we can open the wallet and is actively used.

[SmartMesh]

There are multiple ways people can store bitcoins offline, using either a paper wallet or hardware options from companies like Trezor, Opendime, Ledger, and Keepkey.

[pat4cryptoreal]

Bitcoin is not fiat currency that needs a physical place to store the currency. Bitcoin is a digital currency so it does not need to be operated by any bank.

[BTCMILLIONAIRE]

Bitcoin is not fiat currency that needs a physical place to store the currency. Bitcoin is a digital currency so it does not need to be operated by any bank.

Fiat currency doesn't need a physical space either. In fact, most of fiat money only exists digitally.

[Nazaneen]

I don't get the point of having Bitcoin Bank in cryptocurrency. I am not in favor of this kind of idea.  What i most like about BTC is for being decentralized.

In my opinion, having bitcoin bank may let BTC become centralized because a new party may control our BTC.

I don’t think so because in some cases it need to have ‘bitcoin bank” but in some cases it doesn’t need any bank etc because in bitcoin there are a lot of things happened everyday and also the main point is price of bitcoin which is not stable and change in every moment so that’s why I prefer that it doesn’t need to have bitcoin bank because now the speed of popularity of bitcoin is also fine and if it go like that then future of bitcoin will be good.

[sana gull]

There are multiple ways people can store bitcoins offline, using either a paper wallet or hardware options from companies like Trezor, Opendime, Ledger, and Keepkey.

You know bitcoin is a currency and a digital currency so if it is a currency then it must need a bank to securer and help people to invest in bitcoin easy but also to the popularity and spreading of bitcoin all over the world don’t need any bank etc because as we see bitcoin become more popular without having any help.

[Redanim]

It would be very nice if bitcoin made their bank, because it would be legal and would be official, no need to pay big fees, anytime you can go or call in bank to ask something, income will be increased in several times and demand also.