Bitcoin Bank??? - page 10. | Bitcointalksearch.org

lol3c

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Quote from: Ewinsane on January 01, 2017, 03:14:22 PM

In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.

Agree. Bitcoiners will absolutely disapprove this idea. Do not let the government control us, Bitcoin was created for freedom, do not put your Bitcoin into those stupid banks. Wallet can adapt all the functions we need. However, we must prepare for the worst situation that the government know how to centralize us and our Bitcoin

lOvE mE forEvEr

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I think with the bitcoin bank actually provide many restrictions in the use of bitcoin. we all know that banks require official data that issued from police or the government, so that we can be sure bitcoin as fiat money.

Script3d

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Quote from: Ewinsane on January 01, 2017, 03:14:22 PM

In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.

agree with you its a bad idea having a bitcoin bank because the hot wallet can be hacked just like the trading site hacked , the bank itself can steal the bitcoins of people.

fuathan

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Aleph.im

I think there will be not unless there are solid regulations for bitcoin. However, regulations contradict with bitcoin's decentralized nature. Huh

Kasabus

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Quote from: mornabo on January 01, 2017, 07:24:53 PM

Quote from: gilangIDR on January 01, 2017, 06:49:33 PM

I think that with the bank bitcoin, bitcoin then the confidence level would be better. bitcoin bank may bring against the government's confidence bitcoin. This is a good start for the future.

maybe it could happen. because the bank bitcoin only then one choice can control the user bitcoin and along with their bitcoin. certainly the government would be interested in the bank's bitcoin

That defeats the purpose why we are adopting bitcoin, we like a decentralized system and I am pretty sure it will not happen and actually banks are planning to have their own blockchain type system because they cannot control our own bitcoin.

mornabo

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Quote from: gilangIDR on January 01, 2017, 06:49:33 PM

I think that with the bank bitcoin, bitcoin then the confidence level would be better. bitcoin bank may bring against the government's confidence bitcoin. This is a good start for the future.

maybe it could happen. because the bank bitcoin only then one choice can control the user bitcoin and along with their bitcoin. certainly the government would be interested in the bank's bitcoin

richardsNY

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Quote from: Ewinsane on January 01, 2017, 03:14:22 PM

In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.

It depends on from what perspective people look at it. Some people like the level of security that banks offer as money there is secured. I think they like the idea of having a similar experience with Bitcoin. But the main point is that you lose control over everything. That's why I would never send my coins to a third party to take care of my coins. With Bitcoin people are their own bank, that's the most important aspect. Never forget that.

gilangIDR

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I think that with the bank bitcoin, bitcoin then the confidence level would be better. bitcoin bank may bring against the government's confidence bitcoin. This is a good start for the future.

NEWGOODOUBLE

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Quote from: WhiteSkinnedFREAK on November 30, 2016, 02:11:33 AM

There's probably not going to be anything like that in the future to be quite honest. There are some ATMs set up in some locations tho

I think bitcoin ATM only be used to withdraw money from bitcoin or something (imo)
Bitcoin ATM can not to save bitcoin.
different from the bitcoin bitcoin bank that can store and give you control and security

Grdas130979

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The truth is out there

I think that banks will have to adopt bitcoin at some point at least as a commodity. I think that in the future banks will offer to store and protect bitcoins, giving safety as an exchange. To me safety is going to be the main issue that will make the difference, there can be no mass adoption if people dont feel safe owning bitcoins.

Ewinsane

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In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.

goldcoinminer

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Quote from: ethereumhunter on November 30, 2016, 02:48:50 AM

Quote from: jerowacik on November 30, 2016, 02:35:19 AM

Quote from: WhiteSkinnedFREAK on November 30, 2016, 02:11:33 AM

There's probably not going to be anything like that in the future to be quite honest. There are some ATMs set up in some locations tho

\
Coming Soon it will be occurred. The development of bitcoin Very Fast And Good. some companies already accept bitcoin as a prayer One Financial Media service them. This is a prospect in the future.

if this is really happen, then we as bitcoin user, don't have to controlled our bitcoin like before and its not god for us because i think that bank will applying some fee or some tax to us when we want to sending bitcoin which is more high than blockchain fee itself and its not good. with government involve in bitcoin, then it will many regulations that will not give benefit for the user but for government itself.

The only problem I can see is that they will centralized the decentralized thing. And I think it would not be possible looking at any angle of the implementation, bitcoin will remain decentralized and that's the nature of bitcoin we love.

Banks are centralized so we can't trust it, we do not actually have the right confidentiality they promise to us.

In this world, you can't tell who are trusted or not but one thing I am certain our information is encrypted and safe in bitcoin.

ethereumhunter

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Quote from: jerowacik on November 30, 2016, 02:35:19 AM

Quote from: WhiteSkinnedFREAK on November 30, 2016, 02:11:33 AM

There's probably not going to be anything like that in the future to be quite honest. There are some ATMs set up in some locations tho

\
Coming Soon it will be occurred. The development of bitcoin Very Fast And Good. some companies already accept bitcoin as a prayer One Financial Media service them. This is a prospect in the future.

if this is really happen, then we as bitcoin user, don't have to controlled our bitcoin like before and its not god for us because i think that bank will applying some fee or some tax to us when we want to sending bitcoin which is more high than blockchain fee itself and its not good. with government involve in bitcoin, then it will many regulations that will not give benefit for the user but for government itself.

jerowacik

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Quote from: WhiteSkinnedFREAK on November 30, 2016, 02:11:33 AM

There's probably not going to be anything like that in the future to be quite honest. There are some ATMs set up in some locations tho

\
Coming Soon it will be occurred. The development of bitcoin Very Fast And Good. some companies already accept bitcoin as a prayer One Financial Media service them. This is a prospect in the future.

TastyChillySauce00

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Quote from: botany on November 02, 2016, 06:19:16 PM

Quote from: Anemed on November 02, 2016, 02:43:19 PM

Do we really require a bank for bitcoins as we are already well secured with wallet systems. The wallet system is so comfortable and adequate. It reduces our time and energy. We do not require to reach a place or someone for any transactions. All are inbuilt in wallets.

Internet banking is as convenient as the wallets you mention.

If you use a web wallet, then banks can be considered much safer as well.

Actually, even if you're using hardware wallet or any kind of high-security wallet it's not much safer than when you're saving your money on bank. If your bank accounts were hacked then you will get the replacement fund immediately and the bank will be responsible of it while if you use some sort of bitcoin wallet and getting hacked, there's no one will be responsible for this problem but you

WhiteSkinnedFREAK

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There's probably not going to be anything like that in the future to be quite honest. There are some ATMs set up in some locations tho

ufaiz50

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Quote from: michietn94 on December 03, 2015, 10:23:42 PM

IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

I don't understand what you mean. bitcoin has no real form as like the local currency in our country, and if there is why we have to use Bank that really works like bank that provide interest for customer that available in this world ?

babyjesusftw1

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Isn't the idea of a bitcoin bank an oxymoron? The whole point of bitcoin was to have a decentralized currency. Creating a bank would just form a central institution. I feel like establishing a bank would sort of contradict what Satoshi Nakamoto wanted in the first place for bitcoin.

Blackdeath

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Quote from: michietn94 on December 03, 2015, 10:23:42 PM

IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?

I do not think there is a bitcoin bank since it was decentralized and digital currency.

Since it was online, its wallet is your bank.

It was a little bit close to the bank but secured.

I can say wallet is the bank because in that, you can do deposit, withdraw, and paying.

requester

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I don't agree with bitcoin bank because it's anonymous and let it remain anonymous why should we take risk by letting our money in other hands they might scam us again let us not give chance to them again.

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