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apsvinet
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April 20, 2014, 08:37:59 PM |
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I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank.  True. Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself?  To get some sort of interest. Altho all those interest / investment schemes are scams. |
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Dogtanian
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April 20, 2014, 08:50:18 PM |
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I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. True. Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself? To get some sort of interest. Altho all those interest / investment schemes are scams. You get next to zero interest now anyway, but banks only make their money by lending it out at extortionate rates. We shouldnt support their loan sharking. |
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lapah
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April 21, 2014, 12:06:11 AM |
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I dont think there is a btc bank..  Isnt the purpose of btc to kill the banks from printing money. (decentralized currency) |
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brandon.gur
Newbie
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Activity: 9
Merit: 0
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April 21, 2014, 08:34:30 AM |
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Bitcoin was created as an alternative to the greedy bankers. And now you want Banks which deals with BTC?
Exactly this. The great thing about bitcoin is we can be our own banks. We need to get away from our reliance on them. bank of bitcoin is for lazy people, how want have deposits from mining btc |
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apsvinet
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April 21, 2014, 12:25:09 PM |
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I'm sure there are some "banks" around. You basically send all your money and they falsely promise interest on that money, and you'll never be able to withdraw it again. No, this is not the point of bitcoins, be your own bank. True. Why send your bitcoin to someone else and ask him/her to hold it for you, instead of holding the bitcoin yourself? To get some sort of interest. Altho all those interest / investment schemes are scams. You get next to zero interest now anyway, but banks only make their money by lending it out at extortionate rates. We shouldnt support their loan sharking. No I definitely agree, that's why I like bitcoin, the thought of a decentralized currency is just great. Banks aren't made to help people, they're there to make profit. |
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Light
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April 21, 2014, 12:31:05 PM |
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Why would there be a bank... Is it really that hard to secure your wallet with a password of sufficient entropy that you can remember? Not to mention, a conventional bank would ruin the anonymity part of Bitcoin and much of the decentralization purpose.
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gagalady
Legendary
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Activity: 938
Merit: 1000
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April 21, 2014, 01:34:58 PM |
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I mean the bank giving out some interest or making some loans.
Is there only wallet in BTC world?
If so, one more question...WHY?
I think it's more appropriate to ask "why a bank?" When it comes to Bitcoin, what extra services or security could a bank offer that is not an inherent part of Bitcoin itself? Yes, i don't think that bitcoin needs bank. Some of people want to attach FIAT money, banking criterion for bitcoin...  |
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littecoinn
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Activity: 13
Merit: 0
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April 21, 2014, 06:40:45 PM |
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apsvinet
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April 21, 2014, 09:20:01 PM |
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Who would borrow bitcoins when they are available to buy everywhere? Seems like a good way to lose your money. |
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TrailingComet
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April 22, 2014, 07:03:06 AM |
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Why on earth would you want to trust a central server with your hard earned coins?
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Abel jonh
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Activity: 38
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April 24, 2014, 03:14:41 AM |
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I know one BTC bank https://bitcoinsand.comIt is created by the Li xiaolai, the NO.1 richest btc owner in china. |
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Suzuki
Newbie
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Activity: 58
Merit: 0
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April 25, 2014, 11:26:28 AM |
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In my dream there will be a real BTC bank in not far away future
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Yuki1988
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April 25, 2014, 11:32:04 AM |
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I really can't understand why people keep asking for a btc bank. |
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OhMyCoin
Member
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Activity: 117
Merit: 10
Long live Bitcoin.
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April 25, 2014, 01:36:33 PM |
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You need to control you money by yourself. we don't need banks!
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activebiz
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April 25, 2014, 01:48:50 PM |
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did u find any btcbanks
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Peter882
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April 25, 2014, 02:08:03 PM |
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You need to control you money by yourself. we don't need banks!
+1. Never store your bitcoin on exchange or "btc bank", as it can go down anytime even if it is (was) the largest one. |
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PerrythePlatypus
Member
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Activity: 109
Merit: 10
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April 26, 2014, 04:28:40 AM |
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Look what happens to online sites like Mt Gox, your best bet is to keep them yourself.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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April 26, 2014, 05:16:19 AM |
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If BTC or any cryptos take off, of course banks will accept them! Just a matter of time.
The banks dont want to loose out.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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Soappa
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April 26, 2014, 10:07:35 AM |
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If BTC or any cryptos take off, of course banks will accept them! Just a matter of time.
The banks dont want to loose out.
But we don't need to have banks in bitcoin. I don't think many people will deposit their bitcoin in a bank, especially after all these hacks and scams. |
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tammy
Newbie
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Activity: 2
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April 27, 2014, 12:14:42 PM |
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I've heard of Bitcoin hedge funds which in some way act like banks with interest on deposits.
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