Build a Bank Of Bitcoin

[ronics]

If I make a bank that operates both the traditional fiat money bank.where people can accumulate a lot of money and get interest for their savings and also people can get a loan from the bank but fiat money will change for bitcoin .the  question is would you guys believe in us to save a bitcoin bank .this is what I want to build a bitcoin as well a good management system competitive interest really definitely people and believed it .

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[Getcoinsite]

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 ?

ofcourse no one will trust you to put their crypto asset,because you have proven nothing in this forum so expect no clients lol..but kidding aside this idea is good but will surely will hard to operate since you will be needing more than a million trust for the members to entrust crypto coins towards your service

[really01]

The idea of bitcoin is pretty good. However, it is very difficult to do so.
1. bitcoin difficult to control.
2. It is difficult to identify collateral
3. Bitcoin prices are volatile, so people want to make a loan with it.

[nightfury]

I think it's already impractical to build a bitcoin bank where you can store your bitcoin because we already have bitcoin wallets. I can cash-out or cash-in an amount anytime of the day without going to the bank anymore.

[eelectrick]

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 ?

It seems a good idea, but pulling it off would be an entirely difficult and complicated process. Trust and
Security will always an issue, what if your bank gets hacked? Cryptocurrency resides and depends on
the connectivity of the world wide web, hackers are pretty good with their craft. A bitcoin bank sounds
like fish food for the sharks in deep waters to me, you will be targeted, a favorite even to hacks and
exploits. I think the idea is great, we all want out bitcoins safe and secured. I'm open to this and
well see.

[torch2121]

Maybe a Bank exchange for Bitcoin, were a much lower transaction fee compare to cardless ATM and a much lower tax as I exchange Bitcoin to fiat. Maybe a type of Bitcoin Bank like that would be great.

[btcprospecter]

I think most would find it hard to trust in the beginning until it had been up and running for a while. Most of us don't trust leaving large amounts on exchanges and are worried of the what if scenario.

[plaintiff77]

It would be better if we will just keep our earned bitcoin on our e wallet just to make sure it is safest. When we have banks on bitcoin we are obliged to pay fees and taxes and we should anticipate negative feedbacks on it since many are still against in this cryptocurrency.

[lesinset]

Altcoin's goal is to actually remove banks all over the world. And this idea with be contradicting to what bitcoin's goal really is.

[scrototeabaggins]

We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.

[CryptoPlowman]

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 ?

Decentralization - this is why we love bitcoin. You can write smart contact for it and fully automate it.

[spongegar]

I think that is a good idea. I mean banks actually take our money and reinvest it on something else. Making our initial deposit grow. We can also loan Bitcoin and we also have to pay an amount eith interest. I guess what I'm trying to say is that, I'm really.on the fence on this. I mean we hated banks because of these things and now we want to make one.

[Thuocbacnauvit009]

Traditional remittance methods are relatively expensive due to currency exchange fees and may take up to several days. If your bank can meet the payments that operate independently of where your customers are located. Via the internet, this service is very, very fast and the fee is extremely low. I believe you will succeed

[MetalGear]

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 ?

In my opinion, it is a good idea, however the real question is where it will be build? Since most btc users are scattered around the globe, it is hardly to choose which country it would be build. But I truly believe that with this transaction using btc will be much easier and convenient. 

[Shadon24]

Bitcoin Bank Building I think it would be great if we have a private bank for bitcoin where people can exchange the same loan or loan as a currency. we should Build a Bank Of Bitcoin

[dxl0536]

the biggest problem for you open the BTC bank from the government. The government don't promit.and don't have low to Support.

[andriw]

If the bank has a physical address and has received approval from the state that the bank has obtained a operating license, then the bank is certainly reliable and I will not hesitate to open an account at the bank.

[musharaf]

A good idea and if bitcoin bank started in our country then many of the educated community will make their investment in this currency but online exchanges are many but online bitcoin bank is not available in our country.

[Lagoons]

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 ?

The purpose of Bitcoins is to get away from banks, and not have them store your money. Also banks are allowed to lend out 7 times the amount of money that they have from the public. You cannot do that with Bitcoin. And where are you going to store the Bitcoins? In a Bitcoin wallet? People can already do that for themselves, unanimously, private from most people. While you'll be a major target.

[cezariya]

Not practical in my opinion. With so much volatility, it will be hard to give interest.