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Topic: Bitcoin Bank??? (Read 45582 times)

sr. member
Activity: 1484
Merit: 254
July 27, 2017, 11:56:21 PM
I think this is a backward idea, the presence of bitcoin should be the solution of a non-transparent financial and bank system. I do not approve of bank bitcoin.
hero member
Activity: 700
Merit: 500
July 27, 2017, 11:33:46 PM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.

The Bitcoin ATMS are actually for buying bitcoins into your wallet and they don't save your bitcoins for you as would be in the case of a bank and so it's totally different from a Bitcoin bank because your wallet itself is your bank with funds when it comes to Bitcoin.

Yes our wallet is Bitcoin bank, and we withdraw money from our wallet. I know the bitcoin ATM's are there in some country and people are withdrawing money from Bitcoin debit card. But I do not understand how this system will work and how the banks will consider this transaction. In bank statement this transaction what it will be named? Like this many doubts, I have in my mind.


I think what OP were trying to say is the real bitcoin bank, I mean like the bank where we are storing our fiat, but, the real question is, would there be any in the near future? I.e. Let's say yes, there will be Bitcoin bank in the future, however, I guess it is not worth storing our bitcoin there if that bitcoin bank will function like the fiat bank that we do have nowadays.
hero member
Activity: 2814
Merit: 576
July 27, 2017, 11:16:47 PM
if bitcoin is already under the government then bitcoin will need BANK, But i like the bitcoin world right now We can send money to our own ATM from digital currency to rupiah without any BANK
Bitcoin bank will always be under a government because they are like exchanges where they have to get permits and lincenses
in order to operate legally. Although bitcion is decentralized but exchanges handles a lot of deposits and withdrawals and they can
trace our identity as we need to open an account in order to avail of the services offered.
sr. member
Activity: 530
Merit: 250
July 27, 2017, 09:34:04 PM
if bitcoin is already under the government then bitcoin will need BANK, But i like the bitcoin world right now We can send money to our own ATM from digital currency to rupiah without any BANK
newbie
Activity: 6
Merit: 0
July 27, 2017, 05:03:52 AM
Ohh, such a bank would have certainly improved the world of many people and made it easier for us: D one could not worry about what awaits us if we invest in the ICO Cheesy
sr. member
Activity: 406
Merit: 255
July 27, 2017, 05:02:26 AM


I think, bitcoin was created to be decenteralized.  It has never bank. Bitcoin didn't need bank. But we need bitcoin ATM. With the help of bitcoin ATM we can changed bitcoin into cash and easily used our daily affairs.
Not only do we not need a bitcoin Bank, but the ATM is also not needed. If there are good conditions for the development of trade bitcoins for cash that will not be needed and you will have a smartphone connected to the Internet.
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
July 27, 2017, 04:55:23 AM
Is there maybe a bitcoin bank, just like an existing bank? I have not seen that yet.
If so, what will be done by bitcoin bank? Whether the same transaction with its commercial bank, eg with transactions save and transfer. What need it for bitcoin?
full member
Activity: 1708
Merit: 105
July 16, 2017, 05:21:00 PM
How does the usual work done so far by the bank changed in a new way and impressed no meeting with customers just a transaction? Whether it is possible, it could be after all can accept, because there are still many countries that have not accepted this fact.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
July 16, 2017, 02:31:18 PM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.

The Bitcoin ATMS are actually for buying bitcoins into your wallet and they don't save your bitcoins for you as would be in the case of a bank and so it's totally different from a Bitcoin bank because your wallet itself is your bank with funds when it comes to Bitcoin.

Yes our wallet is Bitcoin bank, and we withdraw money from our wallet. I know the bitcoin ATM's are there in some country and people are withdrawing money from Bitcoin debit card. But I do not understand how this system will work and how the banks will consider this transaction. In bank statement this transaction what it will be named? Like this many doubts, I have in my mind.


When using the bitcoin debit card you're actually using fiat.
No bitcoins whatsoever.

The ones that issue the card are automatically exchanging your funds.

Think of it more like having a debit card with $ while traveling in Japan.
legendary
Activity: 1092
Merit: 1000
July 16, 2017, 02:07:24 PM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.

The Bitcoin ATMS are actually for buying bitcoins into your wallet and they don't save your bitcoins for you as would be in the case of a bank and so it's totally different from a Bitcoin bank because your wallet itself is your bank with funds when it comes to Bitcoin.

Yes our wallet is Bitcoin bank, and we withdraw money from our wallet. I know the bitcoin ATM's are there in some country and people are withdrawing money from Bitcoin debit card. But I do not understand how this system will work and how the banks will consider this transaction. In bank statement this transaction what it will be named? Like this many doubts, I have in my mind.
full member
Activity: 138
Merit: 100
July 16, 2017, 01:26:05 PM
Bitcoin is becoming more and more popular every day,You can buy things online and offline, just like you can with any other currency. Many virtual and physical stores are now accepting Bitcoins and more pop up every day. You can save it in your Bitcoin wallet for safe keeping or a rainy day. Bitcoin is great for saving because there are no banks involved. You are you own bank, banker and customer. However, there is a third option, you can deposit it. Bitcoin is a currency and you can deposit it as such. Think about it, when you have spare money in the bank, what is the best thing to do with it to make it grow. Invest it! Bitcoin is no different. Bitcoin has open markets where thousands of Bitcoins are bought and sold every day. All you have to do is deposit
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
July 16, 2017, 01:18:43 PM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.

The Bitcoin ATMS are actually for buying bitcoins into your wallet and they don't save your bitcoins for you as would be in the case of a bank and so it's totally different from a Bitcoin bank because your wallet itself is your bank with funds when it comes to Bitcoin.

In short bitcoin atms are more like vending machines.
They are treating bitcoin like a product which they sell you at a price of x.
member
Activity: 140
Merit: 10
July 16, 2017, 12:36:20 PM
bitcoin bank? Isnt that poloniex? you can lend and borrow BTC there  
full member
Activity: 180
Merit: 100
July 16, 2017, 12:23:17 PM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Actually, bitcoin bank is a nice idea to all bitcoin users. However, there still no bank who totally accept bitcoin as a deposit of their client. In addition to that, if there’s a bank who accepts bitcoin I think they can’t handle it will because bitcoin doesn’t have exact value. Lastly, I believe in the near future there will be a bank allows bitcoin as a deposit of their client.
sr. member
Activity: 756
Merit: 253
July 16, 2017, 01:49:58 AM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.

The Bitcoin ATMS are actually for buying bitcoins into your wallet and they don't save your bitcoins for you as would be in the case of a bank and so it's totally different from a Bitcoin bank because your wallet itself is your bank with funds when it comes to Bitcoin.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
July 15, 2017, 05:11:15 PM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.

   Are you kidding me? Do you know what is ATM and what is bank? Not just you, there is many comments similar with yours! I am not some smart guy, and I do not wish to act like one, but you guys need to
learn basic things. And before you comment some topic do a little research if you are not familiar with topic but you wish to be, use you brain question everything.
   This is not the first "Bitcoin Bank" thread that I comment, God knows that there is countless number of threads on this topic, but still I did not hear arguments, valid ones, why we need bitcoin bank, what
can this bitcoin bank do for us? Bitcoin system can replace banks in the future, bitcoin offer to us more then a bank, and I do not see the point of bitcoin bank.
   
sr. member
Activity: 1288
Merit: 253
July 15, 2017, 04:57:24 PM
There is no official bitcoin bank because it's still problematic with the state regulations but we can meet many bitcoin atm, you can search it in google search. But unfortunately in my country the popularity of bitcoin atm is not as big as bitcoin transactions via smartphone so it only looks as display only, but unconsciously atm became the second identity mascot after exchange bitcoin market in every country bitcoin community.
sr. member
Activity: 1123
Merit: 253
July 15, 2017, 03:12:46 PM
Is there really a bitcoin atm?
Honestly I have never seen atm bitcoin in my area, and if there atm bitcoin how to take money from the bitcoin we sell?
Yes, I saw bitcoin atm but didn't try it before Sad


This good because in my country have not found atm bitcoin and how to use it in atm machine Wink

There are already many bitcoin atm in the world and you can search it in google. I haven't seen yet but soon I should try to visit one. I am not sure if there are bitcoin banks already that is duly registered and is giving interest. In Liqui you can deposit and earn 15% yearly interest if I remember correctly.
sr. member
Activity: 560
Merit: 250
July 15, 2017, 02:42:25 PM
Is there really a bitcoin atm?
Honestly I have never seen atm bitcoin in my area, and if there atm bitcoin how to take money from the bitcoin we sell?
Yes, I saw bitcoin atm but didn't try it before Sad


This good because in my country have not found atm bitcoin and how to use it in atm machine Wink
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
July 15, 2017, 02:39:26 PM
Few online bitcoin banks were available and haven't found something offline around my locality or within my country. Through articles came to know that few countries have got banks that function purely on bitcoin and has providing several services same as the traditional banks.

There no such thing as a bitcoin bank.

What you have seen is an online wallet run by some "company" in which you can put as much as zero trust.
There is a whole section of bitcoin scams and people who store their coins on those services should really read it.

https://bitcointalk.org/index.php?topic=576337.200
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