yojodojo21
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October 22, 2017, 06:12:03 AM |
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Regarding to the topic, If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now. It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built. We all know that nobody owns bitcoin, (correct me if I'm wrong). Maybe it is possible that there will be a bank supported by bitcoin payments.
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Kprawn
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October 22, 2017, 06:43:58 AM |
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Bitcoin is decentralized and Banks are centralized. Bitcoin should never be centralized under one organization or a group of people that are governed by a central authority. Central authorities can be bribed, corrupted and influenced by governments or criminals. { A perfect example are most of the governments of this world } Bitcoin is supposed to be the opposite of Banks. We have to learn from the mistakes of the past and Banks/centralized financial organizations are one of our worst mistakes. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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avikz
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October 22, 2017, 06:46:31 AM |
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what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
Building a central bitcoin bank means bitcoin being centralized so it is against the basic goal of bitcoin. Bitcoin has received immense popularity around the world because it is decentralized and paved the way for cross-border transactions with a minimum fees and without the consent from the regulatory agencies. So if it happens and if a central bitcoin bank starts regulating the bitcoin, the value will start decreasing slowly. Instead of creating a bitcoin bank, it will be good for bitcoin if the governments around the world start taxing on it and legalize the businesses build on bitcoin platform. That will be a very good move towards the main stream inclusion of bitcoin which will push its price to another level.
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Passive Coin
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October 22, 2017, 06:47:45 AM |
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Bitcoin is decentralized and Banks are centralized. Bitcoin should never be centralized under one organization or a group of people that are governed by a central authority. Central authorities can be bribed, corrupted and influenced by governments or criminals. { A perfect example are most of the governments of this world } Bitcoin is supposed to be the opposite of Banks. We have to learn from the mistakes of the past and Banks/centralized financial organizations are one of our worst mistakes. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) Very true! While any currency is in hands fo politicians and/or banksters, they start thinking how to cheat people and manipulating the value. All this quantative easing, mean printing "empty" fiat is evidence of that. Better no any central bank for Bitcoin. 21M supply and cannot print/manipulate. Great! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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dectcoin
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October 22, 2017, 06:51:16 AM |
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bitcoin should build a headquarther bank,because the significance of bitcoin should belong to everyone. but not control by the Bankers
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n4poleon
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October 22, 2017, 07:11:27 AM |
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what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
It seems like you're the kind of person that doesn't think first before they speak. You obviously do not understand how bitcoin works and why it works. Building what you've just mentioned is kinda of an insult you moron. Kindly ask more sensible question.
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pixie85
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October 22, 2017, 06:42:01 PM |
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bitcoin should build a headquarther bank,because the significance of bitcoin should belong to everyone. but not control by the Bankers
And what would be the role of that bank if every Bitcoin user can keep their coins safe without asking an institution to do it? You have misunderstood the idea of a bank. It's not the central hub that spreads the knowledge about a currency. Banks are there to hold your money for you and Bitcoin doesn't need that. It was made so that there would be no more banks!
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Best Dreams
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October 23, 2017, 03:56:20 AM |
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Regarding to the topic, If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now. It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built. We all know that nobody owns bitcoin, (correct me if I'm wrong). Maybe it is possible that there will be a bank supported by bitcoin payments.
Well as for as my opinion is concern so I think if bitcoin make headquarter bank so I think bitcoin can be increase with high price investors, traders and other people can be very high as well and it will be more easy for all investors to keep their bitcoins with them which will be more secure and I think that bank can also provide them some extra services like credit or debit cards.
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stepwilli
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October 25, 2017, 06:01:21 AM |
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Regarding to the topic, If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now. It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built. We all know that nobody owns bitcoin, (correct me if I'm wrong). Maybe it is possible that there will be a bank supported by bitcoin payments.
Well as for as my opinion is concern so I think if bitcoin make headquarter bank so I think bitcoin can be increase with high price investors, traders and other people can be very high as well and it will be more easy for all investors to keep their bitcoins with them which will be more secure and I think that bank can also provide them some extra services like credit or debit cards. May be it increase, when the bank works for the benefits of people, when it provides facilities to people. If Bitcoin headquarter bank draws hard terms and conditions for people so then, what will be the difference between current banks and bitcoin headquarter bank. People like bitcoin because it totally free of hard type terms and conditions. I think bitcoin should be improved and bitcoin headquarter bank should be established if policies are not against the bitcoin holders.
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notyours
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October 25, 2017, 06:30:59 AM |
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Bitcoins were developed to be decentralized and to have financial freedom. And if there is a bank for the Bitcoins of course they will know everything we do that we should only be aware of. So it has a big impact on the price of bitcoins that would not have happened
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Jose Mourinho
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October 25, 2017, 06:33:06 AM |
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I disagree with this idea, so bitcoin will be centralized rather than decentralized, this is because the bank headquarter will be able to control the full price, I prefer bitcoin like this, no one controls and is free to use.
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_noname_
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October 25, 2017, 06:38:15 AM |
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I disagree with this idea, so bitcoin will be centralized rather than decentralized, this is because the bank headquarter will be able to control the full price, I prefer bitcoin like this, no one controls and is free to use.
according to my opinion if there is build headquarter of bitcoin anywhere then i think the value of bitcoin will be not remain as such as now because it is decentralized thats why many people are interesting in it. if it become centralized then the rate of bitcoin will be control by their headquarter and then people will lose their interest in bitcoin.
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chichigirl
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HELENA
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October 25, 2017, 06:41:17 AM |
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what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
I am not in favor of this kind of idea. What i most like about bitcoin is nobody can control the price but when a bank will be manage the BTC it will be another thing.
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ekoice
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October 25, 2017, 06:45:56 AM |
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Bitcoin is a decentralized currrency.I think its higly impossible for any person or a group of people to form a bank for bitcoin.Already,there are exchanges for buying and selling bitcoins,wallets for storing bitcoins and other than this,i don't know what difference a bitcoin bank could make.
So,with our private keys secured,we ourselves act as bank by holding bitcoins in our wallet.So,bitcoin bank would not come in to reality.
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Shenzou
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October 25, 2017, 06:55:14 AM |
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You should keep in mind that bitcoin are created for the purpose of not having any intermediaries managing your assets. Each person's account is self-managed. If the BTC intervenes, it will no longer be the BTC's original goal. In terms of creating ATM cards, I don't think it is necessary at present because there are ATMs for buying / selling directly with Bitcoin.
I agree the whole purpose of using bitcoin is that you are your own bank and to be hold by the people, by making a headquarters or a bitcoin bank defies the soul purpose of bitcoin being decentrelized and having it string in one place is a pretty risky bussines, the bitcoin being spread it out all around the worl is what made it so successful to this very day and I don't believe banking it would make any use of its nature.
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InvisibilityFP
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October 25, 2017, 07:00:27 AM |
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headquarter bank is so bad idea, bitcoin will under control bank will control bitcoin than control as a users, i dont thrust bank system
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Zenithar
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October 25, 2017, 07:15:59 AM |
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Regarding to the topic, If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now. It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built. We all know that nobody owns bitcoin, (correct me if I'm wrong). Maybe it is possible that there will be a bank supported by bitcoin payments.
Well as for as my opinion is concern so I think if bitcoin make headquarter bank so I think bitcoin can be increase with high price investors, traders and other people can be very high as well and it will be more easy for all investors to keep their bitcoins with them which will be more secure and I think that bank can also provide them some extra services like credit or debit cards. As bitcoin is a decentralized currency therefore i do not think that such an attempt may be in favour of bitcoin. Bitcoin is the best crypto currency of the world because of decentralization property. If it will become centralize then i do not think that it will continue its present status in a good way. I think it is too much important for bitcoin to continue as decentralized and anonymous currency.
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Yuhee
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October 25, 2017, 07:19:38 AM |
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Regarding to the topic, If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now. It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built. We all know that nobody owns bitcoin, (correct me if I'm wrong). Maybe it is possible that there will be a bank supported by bitcoin payments.
Well as for as my opinion is concern so I think if bitcoin make headquarter bank so I think bitcoin can be increase with high price investors, traders and other people can be very high as well and it will be more easy for all investors to keep their bitcoins with them which will be more secure and I think that bank can also provide them some extra services like credit or debit cards. As bitcoin is a decentralized currency therefore i do not think that such an attempt may be in favour of bitcoin. Bitcoin is the best crypto currency of the world because of decentralization property. If it will become centralize then i do not think that it will continue its present status in a good way. I think it is too much important for bitcoin to continue as decentralized and anonymous currency. Yap and it is very hard to store it in one place. Seeing as most has anonymity, it is also hard to track down who ever has the bitcoin. It kind of defeats the purpose if they will become a bank. I kind agree with how it has gotten today, without interventions of any government entities. Because once it is in the grasp of government many transactions would be deemed illegal and a lot of services would be apprehended.
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Bakemat
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October 25, 2017, 07:19:50 AM Last edit: October 26, 2017, 01:13:47 AM by Bakemat |
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what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
Then it was a good idea many people will believe more in Bitcoin because they can guarantee now a bank for bitcoin. Some people does not believe and trust Bitcoin because they can not guarantee the money they invest and save that it will not going to scam by others or will become wasted. So i a bright idea if they do that build a headquarter bank. It also bring a much more good reputation on Bitcoin community. Lets wish that it will happen.
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erickkyut
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October 25, 2017, 07:24:56 AM |
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Then it was a good idea many people will believe more in Bitcoin because they can guarantee now a bank for bitcoin. Some people does not believe and trust Bitcoin because they can not guarantee the money they invest and save that it will not going to scam by others or will become wasted. So i a bright idea if they do that build a headquarter bank. It also bring a much more good reputation on Bitcoin community. Lets wish that it will happen.
I doubt it! Many people believe and patronize Bitcoin now because of its unique characteritics and one of it is being decentralized. If there will be a headquarter bank, it needs to be regulated which contradicts the characteristics of Bitcoin. Also, the government will now have a reason to tax Bitcoin users.
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