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Author Topic: You Can Now Keep Your Bitcoins In A Bank  (Read 21669 times)
Toy_evil
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January 24, 2019, 02:45:13 PM
 #161

The idea is certainly interesting, not the fact that a good one. But the essence of cryptocurrency is that you yourself are a bank. That is, to keep their bitcoins with them and still pay for it? What's the point of this?  Huh
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January 24, 2019, 03:06:36 PM
 #162

Only banks in some countries accept bitcoin as storage. This is good news because, with the receipt of bitcoin in the bank, the data of the bitcoin users can be known by the government so that the tax rules and others are clear.
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January 25, 2019, 12:23:34 AM
 #163

It will be good if bitcoin can used as deposit in banks. If this happen, i am believe mass adoption already happen and people can use bitcoin in merchant. Cryptocurrency already become a good bussiness and i think banks will take this as an opportunity
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January 25, 2019, 02:22:15 AM
 #164

maybe it's still just a discourse, there hasn't been an inauguration. because the details are not complete, but this will be a good step for the crypto future.
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January 25, 2019, 03:24:29 AM
 #165

Only at country have legal bitcoin as transaction payment can keep bitcoin at the bank because my country still not allowed for using bitcoin as transaction payment, maybe more lucky with investor can save their bitcoin at bank because more safety than using exchange market.

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January 25, 2019, 04:08:01 AM
 #166

I would rather choose to hold bitcoin by myself instead of trusting it to banks which is the opposite of what bitcoins concept is. Decentralization is the reason why people use bitcoin and i think banks just want to get a piece of it.

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January 25, 2019, 04:17:06 AM
 #167

The idea is certainly interesting, not the fact that a good one. But the essence of cryptocurrency is that you yourself are a bank. That is, to keep their bitcoins with them and still pay for it? What's the point of this?  Huh

yeah its pretty odd . crypto is already a store of value but why we still need another bank ? that makes no sense , eh ?  .  this is only good if there already a physical version of bitcoins but the idea can take a few years for them to implement it  because the adoption of digital version has not yet fully achieved .

I don't think it's a problem as long as the security is guaranteed right? after all when you keep it in the bank. your coins will grow because of interest

yes theres nothing wrong with it if want more extra layer of security and you are right , you can double your interest but banks will still charge you some fees  .

I think all exchange sites are also centralized right?

no not all . some are decentralized like for example etherdelta , forkdelta , idex and others  .
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January 25, 2019, 08:58:36 AM
 #168

I would never agree to give my bitcoins to the bank. Bitcoin was conceived as an independent currency and in order to make people independent. And here they offer intermediaries in the form of a bank. No, thanks. But I'm a bank to myself.
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January 25, 2019, 09:18:08 AM
 #169

I would never agree to give my bitcoins to the bank. Bitcoin was conceived as an independent currency and in order to make people independent. And here they offer intermediaries in the form of a bank. No, thanks. But I'm a bank to myself.
when the bank accepts bitcoin, and you can store bitcoin in the bank, I think that is a very good thing for the development of bitcoin. only, I feel that storing bitcoin in the wallet, or on an exchanger is still easier to use. unless the bank can exchange the bitcoin that we have in the form of fiat in a short time it will get better.
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January 25, 2019, 09:52:24 AM
 #170

The idea is certainly interesting, not the fact that a good one. But the essence of cryptocurrency is that you yourself are a bank. That is, to keep their bitcoins with them and still pay for it? What's the point of this?  Huh
THis bank has no liabilities I guess when you store bitcoin with them. There might be a possibility that these team will be a scam. They will probably run with your bitcoins. So, a bigger problems will going to take place believing so much like them. ANyway, you can store your bitcoins in your hardware wallet and that is the safest way to store bitcoin offline.
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January 25, 2019, 11:37:34 AM
 #171

The idea is certainly interesting, not the fact that a good one. But the essence of cryptocurrency is that you yourself are a bank. That is, to keep their bitcoins with them and still pay for it? What's the point of this?  Huh
THis bank has no liabilities I guess when you store bitcoin with them. There might be a possibility that these team will be a scam. They will probably run with your bitcoins. So, a bigger problems will going to take place believing so much like them. ANyway, you can store your bitcoins in your hardware wallet and that is the safest way to store bitcoin offline.

Or they could also delay if you wanna withdraw to take profit. I say this is not a good idea. Having a wallet of your own makes you a bank itself, there ain't no need for bank which is unsafe from hackers and from this bank itself. Whats stopping someone from installing their own wallet and put their tokens there instead of the that bank?

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Naida_BR
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January 25, 2019, 11:43:39 AM
 #172

Only banks in some countries accept bitcoin as storage. This is good news because, with the receipt of bitcoin in the bank, the data of the bitcoin users can be known by the government so that the tax rules and others are clear.

It is not good news. What is the point of storing them in a bank? For letting them accumulate amounts of bitcoins and lend them, create debt and continue their vicious economic cycle?
We are against this system. Bitcoin gives you a decentralized option that lets you control your money in an efficient way without needing any bank or 3rd party to rely on them.
REYVAN
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January 25, 2019, 11:51:59 AM
 #173

BTC is stored in conventional banks, seriously? banks may use the blockchain to develop their products, but if we save bitcoin at the bank, it's not very good. isn't bitcoin created to be a solution for us to avoid banks, monthly savings book costs, administration fees, transaction fees, ATM fees, taxes and much more, this is public fooling.
geegaw
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January 25, 2019, 12:17:11 PM
 #174

I would never agree to give my bitcoins to the bank. Bitcoin was conceived as an independent currency and in order to make people independent. And here they offer intermediaries in the form of a bank. No, thanks. But I'm a bank to myself.
when the bank accepts bitcoin, and you can store bitcoin in the bank, I think that is a very good thing for the development of bitcoin. only, I feel that storing bitcoin in the wallet, or on an exchanger is still easier to use. unless the bank can exchange the bitcoin that we have in the form of fiat in a short time it will get better.
The development is good for bitcoin but it is not good for us if we store bitcoin in the bank because with government control through banks, all of our transactions are no longer anonymous, and when the government collects taxes, I believe we want to avoid this situation, which is probably impossible. In addition, although storing bitcoin in the bank is quite safe, I believe that if we want to withdraw bitcoin from the bank, it will have many troublesome steps, even hindering investment opportunities, so even if the government and the bank allow it, I still like to store bitcoin in my wallet

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January 25, 2019, 12:18:41 PM
 #175

I would never agree to give my bitcoins to the bank. Bitcoin was conceived as an independent currency and in order to make people independent. And here they offer intermediaries in the form of a bank. No, thanks. But I'm a bank to myself.

Yes, it is very good to hold them in our wallet instead of holding them in the banks. I think Bitcoin is created only we shouldn't rely on banks but again holding bitcoin on banks is not a good suggestion. So it is good to hold them in our own wallet instead of giving access to banks.
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January 25, 2019, 10:44:17 PM
 #176

I would never agree to give my bitcoins to the bank. Bitcoin was conceived as an independent currency and in order to make people independent. And here they offer intermediaries in the form of a bank. No, thanks. But I'm a bank to myself.

Yes, it is very good to hold them in our wallet instead of holding them in the banks. I think Bitcoin is created only we shouldn't rely on banks but again holding bitcoin on banks is not a good suggestion. So it is good to hold them in our own wallet instead of giving access to banks.

Yes you are correct the suggestion of holding Bitcoin will not be the correct idea to hold our Bitcoin because the thing that we are going to get the development India share of our investment when banks entered into cryptocurrency it will be reduced in little by little so holding Bitcoin in your online what will be the nice idea

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January 26, 2019, 10:48:02 AM
 #177

It must be a great news for cryptocurrency community if banks accept and recognize cryptocurrency as digital asset. Banks always oppose cryptocurrency and if citibanks accept bitcoin deposit, cryptomarket will more attrative for new investor.
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January 26, 2019, 11:58:27 AM
 #178

I am very happy with this good news, I have participated in many campaigns in the banking project.
and until now some of these projects have been successful.
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January 26, 2019, 12:49:04 PM
 #179

The idea is certainly interesting, not the fact that a good one. But the essence of cryptocurrency is that you yourself are a bank. That is, to keep their bitcoins with them and still pay for it? What's the point of this?  Huh
THis bank has no liabilities I guess when you store bitcoin with them. There might be a possibility that these team will be a scam. They will probably run with your bitcoins. So, a bigger problems will going to take place believing so much like them. ANyway, you can store your bitcoins in your hardware wallet and that is the safest way to store bitcoin offline.

Or they could also delay if you wanna withdraw to take profit. I say this is not a good idea. Having a wallet of your own makes you a bank itself, there ain't no need for bank which is unsafe from hackers and from this bank itself. Whats stopping someone from installing their own wallet and put their tokens there instead of the that bank?
It is true! Storing your bitcoins on bank is more risky than storing your bitcoin in your wallet. It is better if we are the only ones who have access to our bitcoins for us to ensure that hackers will never hacked our bitcoins.
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January 26, 2019, 01:02:06 PM
 #180

I would love to hear another good news like that because if we can see about the acceptance bitcoin in a bank, then I think it will help the mass adoption in the government and the end, the adoption will increase success to reach all people in all countries. So if that will bring some good things for bitcoin users and the bank will take the benefits too, I think the other bank will do the same so we can see slowly the government will fully accept bitcoin as an asset.

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