New service. Need your feedback. The BitBank!

[jordonposey]

Hello everyone!
I am thinking of opening a new service called the BitBank!
Essentially, it is a 24/7 online "bank" for bitcoin services.
If we open, we will offer:
Physical Bitcoins in Paper "checks" or metal "coins"
Exchange from Money Order to BTC
A free lottery you can enter, where the jackpot is 1 BTC
Secure storage for your Physical bitcoins in our fireproof safes, free when you buy a physical BTC
And Some other custom services.

[Bitcoin Oz]

Cant money orders be bought with stolen cards ?

[jordonposey]

I thought you need ID to buy a money order...

[Stephen Gornick]

Physical Bitcoins in Paper "checks" or metal "coins"
Secure storage for your Physical bitcoins in our fireproof safes, free when you buy a physical BTC

So this physical bitcoin is a product you'll be producing, or will you be acquiring these from existing vendors (e.g., Casascius, and psjb.me checks)?

[jordonposey]

I made a contract with the sellers, so I sell them at market price.

[mdosi]

Hello everyone!
I am thinking of opening a new service called the BitBank!
Essentially, it is a 24/7 online "bank" for bitcoin services.
If we open, we will offer:
Physical Bitcoins in Paper "checks" or metal "coins"
Exchange from Money Order to BTC
A free lottery you can enter, where the jackpot is 1 BTC
Secure storage for your Physical bitcoins in our fireproof safes, free when you buy a physical BTC
And Some other custom services.

What "Banking" services will be offering? According to Wikipedia "A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers that have capital deficits to customers with capital surpluses" (http://en.wikipedia.org/wiki/Bank). I have no idea how traditional banking services could be offered through Bitcoins.

What fees are you thinking of charging?