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Author Topic: Bitcoin Bank  (Read 1503 times)
Ume
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December 29, 2014, 06:07:29 PM
 #21

well i,m 19 years old Tongue
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fearlesscat10
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December 29, 2014, 07:03:59 PM
 #22

You need to control your gambling man. Sad Give them to a trusted friend or just don't open your wallet for a while.

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January 01, 2015, 05:40:09 PM
 #23

Create a 2-of-3 paper wallet with Armory, and keep 1 in your house, 1 in your parents' house and 1 in your bank or your friend's house.
To gamble your bitcoin, you will need to first go to your parents' house or your bank or your friend's house, and hopefully you will find the process too annoying and stop your gambling addiction.

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January 01, 2015, 05:49:34 PM
 #24

Create a 2-of-3 paper wallet with Armory, and keep 1 in your house, 1 in your parents' house and 1 in your bank or your friend's house.
To gamble your bitcoin, you will need to first go to your parents' house or your bank or your friend's house, and hopefully you will find the process too annoying and stop your gambling addiction.

That's a good idea, but if his addiction would be too strong, he would do that voluntary despite the fact that he is too lazy LOL An addiction always rules Shocked
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January 01, 2015, 05:53:16 PM
 #25

Correct me if I'm wrong, but doesn't the whole concept of Bitcoin go against the concept of a traditional bank?

I'm pretty sure we're our own "bank", and control our money, and are in charge of securing and making sure it's safe.

Either that or I have to read the original white paper again... Undecided

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Domino
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January 01, 2015, 06:01:54 PM
 #26

Correct me if I'm wrong, but doesn't the whole concept of Bitcoin go against the concept of a traditional bank?

I'm pretty sure we're our own "bank", and control our money, and are in charge of securing and making sure it's safe.

Either that or I have to read the original white paper again... Undecided

You are absolutely right that Bitcoin is created to be decentralized.
But the problem here is OP can't control his own gambling addiction, and so he just don't want to be his own bank.

Bitcoin doesn't solve his problem, but a wife or girlfriend may. Grin

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January 02, 2015, 01:14:13 AM
 #27

why would you want to cenertalize something decentralized?
Realy if you have to. put it into a dice site that pays investors or loan to people.

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January 02, 2015, 04:40:27 PM
 #28

Correct me if I'm wrong, but doesn't the whole concept of Bitcoin go against the concept of a traditional bank?

I'm pretty sure we're our own "bank", and control our money, and are in charge of securing and making sure it's safe.

Either that or I have to read the original white paper again... Undecided

You are absolutely right that Bitcoin is created to be decentralized.
But the problem here is OP can't control his own gambling addiction, and so he just don't want to be his own bank.

Bitcoin doesn't solve his problem, but a wife or girlfriend may. Grin

I don't know. Banks are frowned upon because they pursue something unethical. The bank itself is not to blame for that, it's the people in the bank and the course they persist to stay. (does that make me a communist?) Much like a gun a bank is unwanted in the hands of those with malicious ambitions. It's a shame all moneymen have been deformed to profitseeking warmongerers, but what's new since Waterloo eh?

A useful function of a bank is acting as a vault, which in itself is not a bad thing. Back in the day people used banks to keep their money safe because other people would steal it from under their beds while they slept. Some still do. A bitcoin vault is not a bad thing, although imo things of value cannot remain passive to be of any importance, nice paintings aside maybe Smiley

A central vault is nothing diabolical as long as we learn from mistakes made in the past. Safekeeping, and really keeping it not taking it and buying useless mortgages, is a service that can be useful for more than 1 reason.

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January 02, 2015, 05:59:52 PM
 #29

probably U can go to btcjam and registers an account, lend all your bitcoin to trusted members for the long term loan!

Good advice.
Make an account at bitfinex (no verification needed) and loan out your bitcoin and earn interest too! Your coins are then unavailable for at most 30 days but could come back earlier.

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January 05, 2015, 02:23:57 PM
 #30

One benefit of bitcoin is the limited supply, the simple fact that you are holding it is causing bitcoin to go up in value. The more you control the less there is around which may cause the fiat value to rise.

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January 05, 2015, 02:29:24 PM
 #31

probably U can go to btcjam and registers an account, lend all your bitcoin to trusted members for the long term loan!
Your coins are then unavailable for at most 30 days but could come back earlier.


Just don't blindly lend to people.

They could still be scammers.

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