Build a Bank Of Bitcoin

[DPrillio]

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Everyone can build a bank into bitcoin. If I am going to build a bank too it will surely save my money and can beat the sving into high. People will surely loves saving in bitcoin because of the assurance that can give than the other.

Saving bitcoin is just like banking but is far to the definition and execution of banking system, there are exchanges that are acting like a bank by giving percentage of our deposited bitcoin, I think its good but additional risk is always there that is why I prefer to used my own wallet as my savings to reduce risk.

[Visteryy]

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Everyone can build a bank into bitcoin. If I am going to build a bank too it will surely save my money and can beat the sving into high. People will surely loves saving in bitcoin because of the assurance that can give than the other.

Only then will the market be more stable and secure. Compared to what it did earlier and more difficult. If there is a bank specializing in bitcoin is really good. To be able to more easily manage the purpose of having a solid market in the future...

[erominer]

why would you intend to build a physical bank? i think one of the purpose why someone build btc is to eliminate this banks not entirely but minimize the use of money that is based on trust.

[jack wira]

Membuat sebuah bank ide yg sangat baik Dan sangat dibutuhkan dukungan semua pihak apalagi 🏦 bitcoin yg merupakan terobosan baru di dunia perbangkan..saya setuju saja dan ingin menjadi nasabah di bang tersebut..amin semoga terlaksana.

[squog]

I dont know about that. I mean what is the use of creating a bank for Bitcoins or crypto currency when we all despise the way banks operate. Maybe we can build a bank but taking away all the things we hate about Fiat banking and just focus on making it better for everyone. I just hope people make this bank with people in mind not money.

[Aleth]

Wow! but i think one day, all banks will be cashless bank and accepts only crYptocurrencies. So, you don't need to build your own.

[Dinomoves]

That's nice for you to do that. It will be beneficial to Bitcoin holders who are near you. But i think it our banks be crypto bank in the near future.

[DAPPerD]

I think there's a need for a crypto-friendly traditional bank. I run a development business so I pay all employees in fiat, but I need to liquidate crypto to do so. I have a bank that takes USD transfers from the exchange and then I forward from there to my main bank because I have had banks in the past cancel me for getting just one incoming USD transaction from Coinbase. A licensed bank that is crypto-friendly and could evolve with the industry would be great for all concerned. Let me know when it exists!

[bajingluncat]

I think if btc is charged then what's the difference with cash? all will be troublesome, besides that there will be a lot of regulations, I agree more and are comfortable with the btc system now, having a bank means there is an institution to control, I am afraid that if it is realized then btc will be difficult to develop, although maybe in terms of security it will be more secure but I doubt it will be better or I am not sure we will get more profit

[kokobaba880]

It will be very good if the bitcoin bank is started in our country where all the bitcoin and other crypto transaction should take place and with this the crypto users will not suffer for the using of functions like other commercial banks.

[florianuhlemann]

if only you will be able to store funds with multi-signature, and the guarantee of safety is the storage of multi-signature from your wallet from customers)

[criza]

I think the reason why Bitcoin is on trend right now and the reason why it is being patronized and supported by many is because of its nature when it comes to financial matters. Meaning, Bitcoin is different from what the traditional bank and current system has to offer. And by that, I think that building a bank for Bitcoin may not become successful. People nowadays believe in the decentralized system of financial matters in which they have the control over their money and think for their money on their own. Unlike in the centralized system of bank when it comes to financial matters. One more thing, I think that it would be difficult for the Bitcoin bank to be successful by now because for a bank to be able to become extremely stable and highly trust-worthy, this bank will have to undergo very rough way and rigid manner.

[Stuart_Shook]

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Everyone can build a bank into bitcoin. If I am going to build a bank too it will surely save my money and can beat the sving into high. People will surely loves saving in bitcoin because of the assurance that can give than the other.

Saving bitcoin is just like banking but is far to the definition and execution of banking system, there are exchanges that are acting like a bank by giving percentage of our deposited bitcoin, I think its good but additional risk is always there that is why I prefer to used my own wallet as my savings to reduce risk.

That was what I was thinking too. How is this much different from what exchanges do? They technically serve as banks, allowing users to make payments and transfer from one form of crypto to another, even fiat. Would a bank give interest on the coins? If so, where would that money come from? There wouldn't be a fractional reserve system now, would there?

Banks and bitcoin don't really add up. The function of bitcoin allows it to stand on its own without needing a bank to hold onto it. The people who use it should be able to keep it safely for themselves.

[chejibadan]

I don't know if Bitcoin Bank has any effect? What is the difference between this and traditional banks? I will definitely not put my bitcoin on your bank. You are a funny scam.

[Ranly123]

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

My answer is simple. No! Not that I don't trust you or anything, but my Bitcoin is safer in my wallet than being to your bank. Also I will have the guarantee that when Bitcoin price starts to grow, I am the only one who can benefit from it.

[cryptocurrencyguru]

Binance is planning worlds first bitcoin decentralized bank which will be operated soon

[efxtrader]

Why we need bank of bitcoin if we already have bitcoin wallet. When we having bitcoin wallet, its like we having bank account and we can directly make transaction with others. I am prefer keeping my bitcoin in my own wallet because bitcoin wallet is secure

[yusupjatigumilar]

Of course I will feel comfortable if you can provide a security guarantee on bitcoin that I keep in your bank, people save fiat money in conventional banks also because they feel comfortable and safe from the guarantees provided by the bank

[kenlyresuello08]

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

A bank is not a simple institution. They are regulations involved. There is minimum capital adequacy. Depositors are protected through insurance... It isn't easy getting permission and running a bank.

I agree what if your bank get involved in trouble your the one who will blame by the people

[Abu Shadow]

if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

I don't think this will be a good idea about having a bank of bitcoin as this can be prone to DDOS attack by the hackers same what they did with the exchanges and it's very risky putting your bitcoin on the bank not unless the bank will held responsible in any losses of the deposited bitcoin and that could be a good condition.