Topic: - page 6. (Read 142326 times)
For me, it is not a good idea to use bitcoin bank because it will become more prone to hackers. If most of the bitcoiners use this bank, many bitcoins will be collected by the bank and that bank will be the one that hackers will hack and if hackers hacked that bank, all of our bitcoin might lost.
Lots of people use Bitcoin so they don't have to rely on banks, so what's the point if you're going to use a bank anyway? Lol. But yeah, we are capable enough of protecting our own coins. There should be no need for banks.
Yeah, we can hold our Bitcoin and use it for loans through loans services or some exchanges support it. Of course, I know the risk of cryptocurrency always higher than banking system, but I do not want to put my money into any place, because it means I support Bitcoin become centralization.
Lots of people use Bitcoin so they don't have to rely on banks, so what's the point if you're going to use a bank anyway? Lol. But yeah, we are capable enough of protecting our own coins. There should be no need for banks.
Yeah, we can hold our Bitcoin and use it for loans through loans services or some exchanges support it. Of course, I know the risk of cryptocurrency always higher than banking system, but I do not want to put my money into any place, because it means I support Bitcoin become centralization.I think this is nonsense. Why is it necessary? That's the beauty of bitcoin is that even keeping it at home, you can be sure in safety and enjoy all its benefits.
Without bank we will be more secure as we do not need to give our information to the bank and entrust it to them, the reason why we are using bitcoin is because we have to achieve a complete freedom and we can keep our private information our self. When you put your bitcoin in a bank, of course that is going to be subject for the rules and you have to comply when you violated they have the right to freeze your account which is going to be our nightmare.
Threat of Cyber attacks are increasing every year. Since we are now in a digital era, the safety of our cryptocurrencies should be taken seriously. Not all of us are knowledgeable on how to safekeep their coins, but even you knew some wants that a third party may do the safekeeping. Me also, I want others that will safe keep my coins. That is why I want Bitcoin bank.
Bank is a term that implies someone else will manage your money. I think that's irrelevant in Bitcoin because each person still handles every transaction themselves. I think the concept of a bitcoin SERVICES bank will be awesome. Imagine a place where you can get a loan based on Bitcoin income in the same stop as the place where you could convert btc into other currencies, and a place you could invest in a mining pool. All in one place. While it isn't a bank, it is a similar operation minus the centralized hand of power.
you have your point i think thats right if there is a bank for bitcoin the transaction also may become not totally worst but lets just see the positive that might happenif there should be a bank for bitcoin. maybe i may agree with that this idea cant be good and not may work for a good reason.
I think this is nonsense. Why is it necessary? That's the beauty of bitcoin is that even keeping it at home, you can be sure in safety and enjoy all its benefits.
Without bank we will be more secure as we do not need to give our information to the bank and entrust it to them, the reason why we are using bitcoin is because we have to achieve a complete freedom and we can keep our private information our self. When you put your bitcoin in a bank, of course that is going to be subject for the rules and you have to comply when you violated they have the right to freeze your account which is going to be our nightmare.I think this is nonsense. Why is it necessary? That's the beauty of bitcoin is that even keeping it at home, you can be sure in safety and enjoy all its benefits.
Without bank we will be more secure as we do not need to give our information to the bank and entrust it to them, the reason why we are using bitcoin is because we have to achieve a complete freedom and we can keep our private information our self. When you put your bitcoin in a bank, of course that is going to be subject for the rules and you have to comply when you violated they have the right to freeze your account which is going to be our nightmare. 
Bank is a term that implies someone else will manage your money. I think that's irrelevant in Bitcoin because each person still handles every transaction themselves. I think the concept of a bitcoin SERVICES bank will be awesome. Imagine a place where you can get a loan based on Bitcoin income in the same stop as the place where you could convert btc into other currencies, and a place you could invest in a mining pool. All in one place. While it isn't a bank, it is a similar operation minus the centralized hand of power.
definitely here in my country have a one bitcoin bank in the famous city yes i agree bitcoin to become operate in the banking system all over the world it blessing for us bitcoin used transaction through online banking thats the evidince bitcoin are goes up to famous.
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.
Actually it defeats the purpose and the beautiful features of bitcoin which are decentralized system and anonymity. If bitcoin be out in a bank, then what separates it from other bank? Where will they get operational expenses like site maintenance and for the support people? From here, I can see that those who will pinoeer on this one will suggest that part of bitcoin deposit be part of the maintenence of the bitcoin bank. Dozens of identification will be required of the depositors. Thus, the downfall of bitcoin and the rise of other altcoins. I do nkt like and will not support this one. 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.
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 not agree with the implementation of Bitcoin Bank. Because if it happens I'm sure the transaction fee will be more expensive. 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 dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
An intermediary participation will surely increase the transaction fee, because a small amount gets charged by them as Western Union and other services. This doesn't make any difference between bitcoin from other services. Taking it into thinking bitcoin banking system will not be that effective.Transaction fees not necessary will increase. Imagine a service consolidates transactions into one big transaction and operates it. For one big transaction could be even lower than for many separate ones.
I dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
An intermediary participation will surely increase the transaction fee, because a small amount gets charged by them as Western Union and other services. This doesn't make any difference between bitcoin from other services. Taking it into thinking bitcoin banking system will not be that effective. I dont agree with this idea. One of the reason of why i like bitcoun is that provides payment directly from sender to consegnee.i think bank will be an additional link in the transactions.
Well the main reason why other people might not agree of a bitcoin bank is because it was really hard to register if it will be placed in a bank and there is so many papers to register and it was less security because hackers will target the banks.
Individually I would never use it! but something can make bitcoin much more popular to the mass it could be good for us as well! we want as numerous different techniques as possible to make it more trustable to every person
I'm not too sure about that. At least I would have waited for even greater bursts of bitcoin and then I would think of something like that. I sincerely doubt that such a thing could be checked now.
Why do you guys think that a bank means centralisation necessary?
And by the way, decentralized networks are also have a risk to be hacked.
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