- page 26. | Bitcointalksearch.org

kiloiko

full member

Activity: 339

Merit: 102

Quote from: ABCbits on October 18, 2016, 10:51:47 AM

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.

I do and I do not, if there should be a bitcoin bank, though people’s coins might be safe but then there’s going to be interference into the bitcoin market and the price would not be determined by the forces of demand and supply only anymore

ged00u

hero member

Activity: 770

Merit: 500

Quote from: Hasbro27 on September 05, 2017, 04:11:11 AM

in my opinion bitcoin does not require bank as a storage place, for me bitcoin I have enough me in the wallet, bitcoin does not need a bank because bitcoin is not equal to cash

I do agree with your point. bitcoin does not need a bank or something like that to store because it does have its own wallet. Moreover, if there is a bank for bitcoin, it will absolutely against the main purposes of bitcoin because bitcoin was created to become anonymous and secure without being controlled by any individual or government. Therefore, I never accept this idea

1862

newbie

Activity: 65

Merit: 0

This was posted October 2016, and I wrote about this topic in the very same month, shame I didn't see this thread till now really Roll Eyes

"Bitcoin, the reformation of banking and the reclamation of power by the consumer"

http://backbit.co.uk/?page_id=290

Hasbro27

full member

Activity: 378

Merit: 100

in my opinion bitcoin does not require bank as a storage place, for me bitcoin I have enough me in the wallet, bitcoin does not need a bank because bitcoin is not equal to cash

CryptoClown

full member

Activity: 261

Merit: 100

Having your bitcoin in a bank completely defeats the whole idea of bitcoin in the first place. Bitcoin was to avoid keeping your money in a bank where other people have control of your money.

doujuan612

jr. member

Activity: 57

Merit: 10

Seriously I disagree with Bitcoin bank, if like this, the Bitcoin will lost its value.

Momoamzad

full member

Activity: 1022

Merit: 100

$CYBERCASH METAVERSE

I totally disagree with the discussion of "bitcoin Bank". Like seriously ? We love to hold bitcoin if bank will interfere then bitcoin will lost its assence & value.

kuyaJ

sr. member

Activity: 406

Merit: 250

If the bitcoin have bank it is also an online bank because bitcoin cannot hold nor see. There are some bank and wallet in bitcoin so no need to have bank because we have already an online bank.

xandriel

sr. member

Activity: 586

Merit: 251

Quote from: Rifat0099 on September 05, 2017, 01:40:50 AM

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.

Bitcoin is not secure for normal people. Many people dont known how to protect account. So traditional bank is still good for them. Bitcoin bank is a good idea but will need more time to develop

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: Rifat0099 on September 05, 2017, 01:40:50 AM

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.

If you look at our current banking system then I don't think I would agree that we are safe, maybe the money is because it's under insurance policy for most banks but the information which is vital is not safe. In fact, I put my deposits in different banks but I do not actually put a big amount since I'm afraid with safety in case my information will be leak, with bitcoin we can save our money and we can ensure we are the only one who can look up to it and can access.

JohnCryptonian

newbie

Activity: 21

Merit: 0

I think that's just defeats the purpose of being decentralized by Bitcoin, it made another thing like a middle man. It serves it like that and I don't agree with it because someone would hold my funds again. If I'm correct, Ripple is somewhat like that but I'm not really sure. It's awesome to think about it but what's change is that the mode of transacting.

Rifat0099

member

Activity: 112

Merit: 10

Yes I agree with this idea bitcoin bank. I think bitcoin bank serve us great service. Bitcoin bank is more secure. So I agree with bitcoin bank.

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

Quote from: Rifat403 on September 01, 2017, 12:35:15 PM

Yes i agree with this idea for bitcoin bank. I think it is good for all botcoin users. Because bank is safe for all. So it is badly needed for all bitcoin users. Bit coin bank will give good service for all bitcoin users. So i agree with this idea. Thank you.

And the award for the best shitposter goes to...(I hope you are honoured)
Just so you know,the term bank itself is cancer when you speak about it so openly when you're a bitcoin lover.Bitcoin is against anything that controls your money for you.
But anyway,you're a shitposter,there is no point further clarifying the details.

Rifat403

newbie

Activity: 28

Merit: 0

Yes i agree with this idea for bitcoin bank. I think it is good for all botcoin users. Because bank is safe for all. So it is badly needed for all bitcoin users. Bit coin bank will give good service for all bitcoin users. So i agree with this idea. Thank you.

laxinternational

full member

Activity: 124

Merit: 100

Quote from: dasana212 on September 01, 2017, 12:26:16 PM

Word 'bank' more identical to institutions or groups that manage or regulate circulation of something valuable such money and if placed on bitcoin, it eliminates original idea of bitcoin initiator that's an anonymous nature and exchange rate can be intervened or monopolized by one or more parties. Existence bitcoin will be defeated by altcoin which has and endures with anonymity.

I never can adopt the word "bank" here. The idea and concept of bitcoin should not let this happen anyways. We're not here to buy bitcoins if they will be integrate into a centralized systems such as banks and financial institutions. Bitcoin should stay decentralized.

dasana212

hero member

Activity: 784

Merit: 500

Word 'bank' more identical to institutions or groups that manage or regulate circulation of something valuable such money and if placed on bitcoin, it eliminates original idea of bitcoin initiator that's an anonymous nature and exchange rate can be intervened or monopolized by one or more parties. Existence bitcoin will be defeated by altcoin which has and endures with anonymity.

Theb

hero member

Activity: 1680

Merit: 655

Quote from: salfter on September 01, 2017, 11:33:56 AM

Quote from: pedrog on October 18, 2016, 11:00:14 AM

Quote from: ABCbits on October 18, 2016, 10:51:47 AM

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card.

Xapo, Coinbase and Circle, they are all "bitcoin banks", if someone doesn't like them, they don't have to use them...

I tend to think of Coinbase more as an exchange than as anything else. I do have a Shift card (Visa debit) tied to it that can draw from the balance, but my balance at Coinbase is currently zero. Most of my holdings are in a Trezor, with only a pocket-change equivalent spendable from Mycelium without the Trezor.

From what I know they are not "banks" but they are "wallets" in which we can store our Bitcoin. Yes they do both have the function of storing your money but the difference is a bank is a business in which it loans out your money and pays you interest in return which Bitcoin wallets don't do it as they only store Bitcoin and they can also exchange with their in-app functions but they don't give any interest whatsoever.

salfter

hero member

Activity: 651

Merit: 501

My PGP Key: 92C7689C

Quote from: pedrog on October 18, 2016, 11:00:14 AM

Quote from: ABCbits on October 18, 2016, 10:51:47 AM

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card.

Xapo, Coinbase and Circle, they are all "bitcoin banks", if someone doesn't like them, they don't have to use them...

I tend to think of Coinbase more as an exchange than as anything else. I do have a Shift card (Visa debit) tied to it that can draw from the balance, but my balance at Coinbase is currently zero. Most of my holdings are in a Trezor, with only a pocket-change equivalent spendable from Mycelium without the Trezor.

Rinder

hero member

Activity: 868

Merit: 500

The only interest at a bitcoin bank would be able to trade anytime any ammount without be worried to get funds frozen from the bank, besides that sure some are interested into what the banks can provide to let your coins there, im talking about the fee they would give, like fiat savings. But i dont like it at all, im my own bank i dont need anymore bank to control my money at all, and i can lend my bitcoins at some exchanges as well here, soo i dont see any sense to make such besides be allowed to trade without issues.

sumangs

full member

Activity: 644

Merit: 101

Isn't our bitcoin wallets are bitcoin bank? Since we store our money in terms of bitcoin. Also it has investment part that has an interest rate depending on the price increase of bitcoin. The wallet is fully controlled by its users. So why implement something such as "bitcoin bank" making it redundant.

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