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Author Topic: Do you think there should be a Crypto Bank?  (Read 740 times)
Iyeman
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August 22, 2018, 04:40:48 AM
 #161

I think that the bank is necessary, but I'm not sure that at this moment with such a specific market, you can expect a confident growth. Rather, it is a project with a riddle to the future. I expect growth by the end of next year.
No. it's not necessary, with crypto having wallet means you become your own bank without the need of centralized organisation to save up the money for you and deducting it for fee.
Also it's against decentralized ideal we have, cryptocurrency was aimed to become a decentralized currency so there's no authorities behind it.

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jingyu27
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August 22, 2018, 05:00:14 AM
 #162

The purpose of the bank is to centralize the management mechanism. Blockchain is a decentralized open and transparent mechanism. I think that even if the bank was created as an encrypted bank, it is different from the original bank.
ungongbuotan
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August 22, 2018, 05:07:18 AM
 #163

If that ever happens we are going back to the problem we have avoided in the first place. The main reason why cryptocurrency was created was to find solution to those banks who have abused their power and we created a decentralized currency. Now if we ever have banks for cryptocurrency we will make a big mistake.
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August 22, 2018, 05:10:00 AM
 #164

Blockchain technology doesn't need a bank at all. We put our coins in the wallet and refrigerate the private key, so no one can steal our coins, so I think it is very safe, so the bank There is no role at all here.
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