Topic: Bitcoin Bank??? - page 13. (Read 45646 times)
I think bitcoin bank will not be used here, because there is power in the wallet purse which is in the holder itself and not on third parties
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Dont you want the style of bitcoin? It moves very high and low so some people see this as a profitable way to make money. You can also cparebit with interest in banks and they wont win. Bitcoin can double it in just months, banks takes years.
Please can share proof that bitcoin is doubles in every month. Its a incorrect information buddy You can use the bitcoin for its future potential value. To tell about the bitcoin bank. I know already Citi bank announces information that bitcoin worth have in banking sector shows that bitcoin will adopt soon in banking.
The main point of Bitcoin was to stay away from banks because of the obvious fact that they are just holding your money until they runaway with it.
You could start a Bitcoin bank..just watch out for people who want to come after you because they know that doesn't last.
You could start a Bitcoin bank..just watch out for people who want to come after you because they know that doesn't last.
I may be wrong but I think Bitcoin Crypto Bank is something OP was asking about. It is a privately owned company operating on the Bitcoin trade market. They have more than 60 000 clients from all over the world. https://bitcoincryptobank.com
As for different countries, bitcoin is considered to be illegal in most of them. Australia is among rare exceptions.
As for different countries, bitcoin is considered to be illegal in most of them. Australia is among rare exceptions.
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Dont you want the style of bitcoin? It moves very high and low so some people see this as a profitable way to make money. You can also cparebit with interest in banks and they wont win. Bitcoin can double it in just months, banks takes years.
That is to use the bitcoin as a trading tool. But for it to be a good currency, the price volatility should be low.
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Dont you want the style of bitcoin? It moves very high and low so some people see this as a profitable way to make money. You can also cparebit with interest in banks and they wont win. Bitcoin can double it in just months, banks takes years.
You are your own bank, do you wish to take interest from yourself? On this example is easy to see how banks are similar to ponzi schemes. How much interest rate would be normal for you to accept to put your bitcoons somewhere? How can you be sure in that bank, is there any law for such bank to operate?
I think bitcoin is something you keep in your cold storage and wait price to rise, I think that is safest and most secure place for your bitcoins, everything else is possible scam, people will just take your money if you believe in some kind of bitcoin bank.
I think bitcoin is something you keep in your cold storage and wait price to rise, I think that is safest and most secure place for your bitcoins, everything else is possible scam, people will just take your money if you believe in some kind of bitcoin bank.
If you hold the bitcoin to yourself, there is no interest to get. But it is much safer than depoiting with others.
You are your own bank, do you wish to take interest from yourself? On this example is easy to see how banks are similar to ponzi schemes. How much interest rate would be normal for you to accept to put your bitcoons somewhere? How can you be sure in that bank, is there any law for such bank to operate?
I think bitcoin is something you keep in your cold storage and wait price to rise, I think that is safest and most secure place for your bitcoins, everything else is possible scam, people will just take your money if you believe in some kind of bitcoin bank.
I think bitcoin is something you keep in your cold storage and wait price to rise, I think that is safest and most secure place for your bitcoins, everything else is possible scam, people will just take your money if you believe in some kind of bitcoin bank.
A bitcoin bank idea itself is against the idea of bitcoin's decentralized state. A bank would mean centralization and this is against the policy of the currency. What is more important is making people aware of bitcoin by these "Banks" and allowing easy exchange between fiat and crypto, so that people start to accept bitcoin in a much more wider scale.
The integration of the bitcoin by the bank will not centralise the bitcoin. You can still save the bitcoin by yourself.
i do not think that still there is any bitcoin bank which world like the physical banks, provide services to the people, but hope that when bitcoin will become more popular and when most of the people of the world will start using bitcoin then the bitcoin banks will be more effective.
There will be no bitcoin bank that can follow the way how a real bank in physical world operates. Banks are centralize and bitcoin is not, so that fact alone is a big contradicting factors that would not be possible, I do not know what would be the idea but as long as bitcoin will remain anonymous it cannot be called bank.
A bitcoin bank idea itself is against the idea of bitcoin's decentralized state. A bank would mean centralization and this is against the policy of the currency. What is more important is making people aware of bitcoin by these "Banks" and allowing easy exchange between fiat and crypto, so that people start to accept bitcoin in a much more wider scale.
You do not need the bank to store the bitcoin. That is right. But you need to borrow the bitcoin from a bank.
I guess you are assuming that the lending business is possible only by bank. Here in this forum, we are having lots of individuals who are successfully doing loans. This must be a small start towards replacing bank from the lending industry.
Never expect government or its central banks to do all the things, bitcoin has given us power to do same things with more precisely and more friendly.
Bitcoin ATM’s already scatter the globe. Having an actual bitcoin bank to walk into would be great though! I think it would make bitcoin be seen as a more physical type pf currency even though it is digital currency.
One of the main reasons for people to choose for Bitcoin is the fact that they don't need a bank to store their money. They are now the full owner of their money. So called Bitcoin banks aren't any different from normal banks beside that they deal with Bitcoin. It's basically pointless to have such a bank here when we are already our own bank.
Me either, if banks are going to adopt bitcoin for their service. I will just going to chose block chain or other online wallets to store my bitcoins. Because they are a different thing, bitcoin doesn't need bank for storing it. Banks are playing another role for bitcoin, they are the one that computes the value of bitcoin.
You do not need the bank to store the bitcoin. That is right. But you need to borrow the bitcoin from a bank.
banks with bitcoin do not make much sense, but considering how uninformed the average joe is this might happen.
a bank needs to pay the people working there, also there are cost for the building. for this to happen the bank needs to make a profit and this means fees. quite a bit of them.
You do not need the bank to store the bitcoin. That is right. But you need to borrow the bitcoin from a bank.
I guess you are assuming that the lending business is possible only by bank. Here in this forum, we are having lots of individuals who are successfully doing loans. This must be a small start towards replacing bank from the lending industry.
Never expect government or its central banks to do all the things, bitcoin has given us power to do same things with more precisely and more friendly.
Bitcoin ATM’s already scatter the globe. Having an actual bitcoin bank to walk into would be great though! I think it would make bitcoin be seen as a more physical type pf currency even though it is digital currency.
One of the main reasons for people to choose for Bitcoin is the fact that they don't need a bank to store their money. They are now the full owner of their money. So called Bitcoin banks aren't any different from normal banks beside that they deal with Bitcoin. It's basically pointless to have such a bank here when we are already our own bank.
Me either, if banks are going to adopt bitcoin for their service. I will just going to chose block chain or other online wallets to store my bitcoins. Because they are a different thing, bitcoin doesn't need bank for storing it. Banks are playing another role for bitcoin, they are the one that computes the value of bitcoin.
You do not need the bank to store the bitcoin. That is right. But you need to borrow the bitcoin from a bank.
Bitcoin ATM’s already scatter the globe. Having an actual bitcoin bank to walk into would be great though! I think it would make bitcoin be seen as a more physical type pf currency even though it is digital currency.
One of the main reasons for people to choose for Bitcoin is the fact that they don't need a bank to store their money. They are now the full owner of their money. So called Bitcoin banks aren't any different from normal banks beside that they deal with Bitcoin. It's basically pointless to have such a bank here when we are already our own bank.
Me either, if banks are going to adopt bitcoin for their service. I will just going to chose block chain or other online wallets to store my bitcoins. Because they are a different thing, bitcoin doesn't need bank for storing it. Banks are playing another role for bitcoin, they are the one that computes the value of bitcoin.
Bitcoin ATM’s already scatter the globe. Having an actual bitcoin bank to walk into would be great though! I think it would make bitcoin be seen as a more physical type pf currency even though it is digital currency.
One of the main reasons for people to choose for Bitcoin is the fact that they don't need a bank to store their money. They are now the full owner of their money. So called Bitcoin banks aren't any different from normal banks beside that they deal with Bitcoin. It's basically pointless to have such a bank here when we are already our own bank.
Bitcoin ATM’s already scatter the globe. Having an actual bitcoin bank to walk into would be great though! I think it would make bitcoin be seen as a more physical type pf currency even though it is digital currency.
One of the main reasons for people to choose for Bitcoin is the fact that they don't need a bank to store their money. They are now the full owner of their money. So called Bitcoin banks aren't any different from normal banks beside that they deal with Bitcoin. It's basically pointless to have such a bank here when we are already our own bank.
Bitcoin ATM’s already scatter the globe. Having an actual bitcoin bank to walk into would be great though! I think it would make bitcoin be seen as a more physical type pf currency even though it is digital currency.
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