Do you think there should be a Crypto Bank?

[raymondspeaks]

I'm totally against crypto banks. I love the idea of decentralisation and want to keep it that way. The reason Bitcoin was invented was to take the monopoly away from the banking sector. If we introduce crypto-banking then we make the same mistake all over again.

[nicolebtccrypto]

What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?

Its a nice idea but I think wallet is more useful than it because in bank, there is a possibility that your money will be scam by those creators of the bank. Unlike wallets, there is a big advantage than banks.

[ujinice]

The whole point of the crypto currency is that they absolutely do not need a banking system, all records are kept in blockchain.

[Dimon888]

I think that in the near future there will be banks for crypto currency, because you will need to protect your tokens. Now there are projects that banks are developing for crypto currency. Perhaps some of them will enter the market and will work for us. The creators of crypto banks can get a good profit, so these projects are promising.

[lositech]

I think such exchanges is about to be launched in Swiss, i read a news like that few weeks ago, they have obtained a lenience to open a crypto bank and I think this will really be a good idea

[whiteblue]

I think such exchanges is about to be launched in Swiss, i read a news like that few weeks ago, they have obtained a lenience to open a crypto bank and I think this will really be a good idea

where did you read the news? can you share the link here so i can also read the news? if the news is true it will be good news, the bank in swiss has a good reputation, if combined with blockchain technology will be more perfect!

[Galley]

Any banking system, in fact, is centralized. The meaning of the decentralization of the cryptocurrency is lost. Recently, we are moving towards this faster. But after all, everything started for the sake of it.

[Coingram]

I dont like bankers at all, this is one of the reasons why I love crypto - decentralized. There shouldn't be any "crypto bank" or other. Your crypto is your crypto, dont pass it to any "management"

[jvdp]

Any banking system, in fact, is centralized. The meaning of the decentralization of the cryptocurrency is lost. Recently, we are moving towards this faster. But after all, everything started for the sake of it.

Yeah you are correct but still centralized form of crypto currencies also there like Ripple and some other coins. These kind of projects are being top in the market without having any worth.
I still do not understand in which aspects the forum people and crypto users sharing investment on RIPPLE kind of coins.
Even with the decentralized medium we do not need banks because already crypto currency wallets really like banks then why we need that bro.

[lasttime99]

I think the crypto should be a bank.
They are applied blockchain technology
Block chain technology is safe, safe and does not take much time in operation.

[kramchers]

What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?

I dont think so, bitcoin and cryptocurrency is set to be fpr the people.
1 more thing BTC have their wallet.
the price is with the people i like the way bitcoin having now.
you control it anytime you like.

[genset88]

If we only need to exchange this currency into another currency, we have exchanges. I don't think people would like to have a guy "manage" their cryptocurrency. Crypto bank is really not necessary.

[Qulakji]

Indeed, everybody is qualified for his feeling. My view about this is we are the brokers of our banks and therefore we needn't bother with a general crypto bank. I incline toward people controlling their advantages without anyone else's input. This is a decetralized framework.

[Kersh768]

What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?

I think there's no need for crypto banks already because there are already wallet where investors and users can store their token holdings. Banks are also representing stability of the price of the currency but it happened that cryptos are not so the concepts won't complement with each other due to the market volatility. But still, given that therr are already wallets, banks won't be that much useful.

[oriontab]

It is an idea that is conceivable and even possible with an ICO, may be by way of a crypto-exchange with cold storage and insurance covered by a third party

[Flezy]

I think blockchain is capable of many innovations. Well, I think it can be possible, although there might not be gaurantee on funds protection, but yet with the right team there can a crypto bank

[oriontab]

If we only need to exchange this currency into another currency, we have exchanges. I don't think people would like to have a guy "manage" their cryptocurrency. Crypto bank is really not necessary.

Managing cryptos on behalf of clients seem like a 'Wall Street thing'.It is something inevitable if ETFs every get approved by the security and exchange commission SEC.

[silverston]

The idea may be good, I've heard about it many times, in my opinion many projects have tried to implement it, but I have not yet heard of any one that would really do it. Maybe I'm wrong!

[Fortified]

What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?

I remember with my first campaign as bounty hunter , and that is DATARIUS CRYPTOBANK under manage by tactic and is has good platform and I think it is very useful and applicable especially to those country have legislation about cryptocurrency , but until now I don't heard if it is already operational .

[Anicasalar]

It seems to me that this is the most convenient option and it is worth paying attention to it. I'm sure it will be far from cheap and so I'd better give up this option and keep the savings with little risk but for free