culexevilman
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Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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April 27, 2014, 03:05:59 PM |
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It would mean a lot of risk, Look at inputs.io
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nzminer
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Activity: 1918
Merit: 1001
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April 28, 2014, 10:27:50 AM |
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Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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Honeybooboo
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April 28, 2014, 10:33:01 AM |
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Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol
I'm sure banks would appear eventually. |
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silvestar
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Activity: 1134
Merit: 1002
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April 28, 2014, 10:45:44 AM |
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It would mean a lot of risk, Look at inputs.io
And that was even run by a "trustworthy" (before the "so-called hack") person. |
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hilariousandco
Global Moderator
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Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
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April 28, 2014, 11:16:31 AM |
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Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol
Isn't it already a valuable currency, or do you mean valid? Wouldnt banks naturally trade with BTC if it becomes a valuable currency?
You cant gain interest with BTC either unless you consider its inflation as interest! lol
I'm sure banks would appear eventually. I'm sure they will spring up in some form at onepoint, but I don't see why we would need them. |
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durrrr
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April 29, 2014, 04:08:47 AM |
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there isnt really a bitcoin bank because that is your wallet. but there is something now called xapo that is a debit card with a bank and savings account for bitcoin tat when u go to store u swipe debit card and u spend your bitcoins but its traded to usd instantly at current price.
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hellojolin
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Activity: 12
Merit: 0
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April 29, 2014, 01:21:15 PM |
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I belive there will be lost of Bitcoin banks. It's the money of future.
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Domino
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April 29, 2014, 02:23:23 PM |
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I belive there will be lost of Bitcoin banks. It's the money of future.
I guess you meant there will lots of bitcoin banks.  Unlike fiat, we can manage our bitcoin and make international transfers ourselves easily. So, there is no incentive to put bitcoin in such "banks". |
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cp1
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April 29, 2014, 08:41:53 PM |
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I belive there will be lost of Bitcoin banks. It's the money of future.
I guess you meant there will lots of bitcoin banks. Unlike fiat, we can manage our bitcoin and make international transfers ourselves easily. So, there is no incentive to put bitcoin in such "banks". When bitcoin banks are involved, lost is more correct. |
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NDW467
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Activity: 36
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April 30, 2014, 11:48:49 AM |
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I'm in the "BTC was designed to bypass banks" boat. Seems odd to go looking for one now.
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r1973
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April 30, 2014, 11:51:29 AM |
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Banks have NO IDEA over the value of the coin (they can only guess), unlike FIAT money, for which they use guns and laws.
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gondel
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Activity: 1960
Merit: 1005
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April 30, 2014, 12:11:41 PM |
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I know the islamic bank of bitcoin, they are giving loans for no fee.
BR,
Gondel
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bitsmichel
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May 04, 2014, 05:44:24 PM |
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I can be BTC bank. Do you want I maintain your money? |
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Schumacher
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Activity: 74
Merit: 0
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May 04, 2014, 05:56:19 PM |
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There is no market for a bitcoin bank because there is no real demand for contracted loans in the current bitcoin environment.
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cyberlink
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Activity: 24
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May 05, 2014, 10:41:12 AM |
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Nope, there is no BTC bank now.
I remember there was a pilot version of BTC bank or a usual bank that make some operations with BTC , but it has a fiasco
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