What happen if bitcoin build a headquarter bank

[chip211]

what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??

If this happens it will be a good news for all investors. I always look for such a bank in my country but I think it will not.

[CryptotradeGMO]

if Bitcoin do that i believe it will lose its value slowly,
many people used it due to 'freedom in their financial' and something like that.
what will happen if they do that ? of course it will lose its charateristic and absolutely sure its demand will be decreased a lot.
but it will not happen,at least right now i never hear about something like that.
and i hope they will not doing something like that,because it'll ruin our cryptoland.
why would they choose Bitcoin if they can use their own Fiat to do that ? it's not a new thing.

yes exact what i say

[gyu22]

It is against the essence of bitcoin to build a physical and central bank. The result will be a currency like any other fiat currency. Maybe some people will use that bank, but I don't think they will be the same people who use current bitcoin and wants decentralization, a store of value, freedom, peer-to-peer financial relationships, etc.
Governments are concerned about the grow of bitcoin use and try to make crypto currencies and, obviously, tax customers. Thus we might see central banks of an hybrid of crypto and fiat currencies, but users of bitcoin as it is currently developed will not be the customers of these kind of banks.

[salihno71]

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 don't really see the purpose of such bank. The point of the whole thing is to be decentralized and this idea defies exactly this point. Only relation between the bank and bitcoin that makes sense (at least in this moment) is if the bank would enable you to directly change your crypto to fiat and vice versa - basically to act as a exchange.

[HarleyQuinn9876]

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 do not think this is a good thing. Everybody uses bitcoin because of its usability. No one knows how many bitcoins you have. If you have a bitcoin bank, your income will surely be controlled. bitcoin will lose the convenience.

[audrey12]

If a bank for bitcoin will be opened the control over bitcoin and crypto currencies will be established I'm sure the government will take the step on having this kind of headquarter this will only means that they will established a world bank since bitcoin is consider to be a global currency. People will lose their privacy with regards to bitcoin ownership so I think this will have a negative effect.

[Portia12]

what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??

if bitcoin do that kind idea bitcoin become more popular to all people who dont believe. when time comes lot all investor will contribute to make bitcoin our 1st currency all over the world. it also helps all people to work with bitcoin and lot of company will make more ico.

[MostHigh]

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 will totally defeat the purpose us a decentralized coin

[mark laurence tanig]

If something happen that will happen i think it can cause by demand of bitcoin because innocent people think on how the headquarter do works so they curious and it can effect by too much demand of bitcoin that can cause too much high of the value of it.

[whitemacna]

Surely there will be regulations that suppress the existence of this bitcoin. Many other dal taxes. Bitcoin would become centralized, fiat currency. We could call it the Dollar? The bitcoin's goal will be futile if they will come to an agreement to held a central bank for the bitcoin as some people will try to manipulate and manage it losing the interest and investment of the people who love its potential and good traits.