i don't know if i would call godaddy trusted, but i suppose it doesn't make you a scammer... but your idea of a bitcoin bank sucks as bitcoin's inherent benefits is its decentralization.
Thanks for the feedback. We do want to clarify that we are not a bank, and our customers can take their coins out when they please. There are many differences between us and a bank.
1) We don't change interest rates based on market changes or a central authority. They will remain the same, and if anything get more aggressive.
2) We are backing up our customers coins by gold. I don't know a bank that does that.
3) We will not operate on a Fractional Reserve system. Since we don't make loans your money stays where it is.
4) We don't charge annual fees, or fees to open an account.
5) We won't ask for your personal information. You will set up an account, but you can use any credentials you want.
6) We are not a cartel, we will not be breaking the law, limiting your freedoms, or lobbying for position.
Our primary goal is to get as many users into Bitcoin to drive the price up. Our target customers will be customers who have their money in banks with garbage interest rates, which in our opinion is all of them. At the same time, we want to minimize risk as much as possible to the consumer, which means no risk.
Our hope is that as users see the benefits we offer and make an informed decision.
Thanks!
