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Topic: Bitcoin Bank??? - page 26. (Read 45646 times)

hero member
Activity: 560
Merit: 500
March 28, 2016, 08:55:52 AM
Well that fees lookse to be little with just one transaction now imagine it happens 100 times,its a waste of money that paypal takes to them,soo banks arent good for any transaction they may do ,bitcoin its independet sure it would be good to see some revenue without any work but with bitcoin you can do that alone.
hero member
Activity: 2310
Merit: 532
DGbet.fun - Crypto Sportsbook
March 28, 2016, 06:39:17 AM
Recently some quoted that, he saw a physical bitcoin bank in his country. But most didn't accept that to be a bank. That might be a bitcoin exchange which might have named with bitcoin so to attract more users.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
March 28, 2016, 04:43:47 AM
With BTC you are your own bank. And believe me, your BTC will be safer with you than with any centralized bank.

bitcoin is not regulated. that's why people love bitcoin so much. they don't need to ask for approval to send or withdraw an x amount of coins.
That's not the only reason why we love bitcoin.There are many others one among them is low fee.Today I received $1000 from one of my clients via paypal.PayPal deducted hoping $50 fee for this transaction.If I had received this amount in btc, I would have lost very little amount to fee even if I sender had deducted it from said amount. Unfortunately my client was not aware of bitcoin and preferred PayPal
newbie
Activity: 42
Merit: 0
March 27, 2016, 01:49:29 PM
With BTC you are your own bank. And believe me, your BTC will be safer with you than with any centralized bank.

bitcoin is not regulated. that's why people love bitcoin so much. they don't need to ask for approval to send or withdraw an x amount of coins.
full member
Activity: 225
Merit: 100
March 27, 2016, 11:57:24 AM
With BTC you are your own bank. And believe me, your BTC will be safer with you than with any centralized bank.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
March 27, 2016, 11:23:51 AM
Bitcoin wallets are enough than any other bitcoin bank. Now using wallet is very easy. This may lead to complications if bitcoin bank come into existence.
legendary
Activity: 1358
Merit: 1014
March 27, 2016, 11:15:16 AM
There will always be banks, because there will always be people that are too scared and intimidated at being self-responsible, so they enjoy the feel of putting charge of their own wealth's safety to a party party, so if something happens they can blame them and not yourself.
Unless there is a big cultural global change, there will always be some bank business going. For the rest of us that want to take care of their own finances, Bitcoin is a dream come true.
full member
Activity: 210
Merit: 100
March 27, 2016, 11:07:36 AM
I think such Bitcoin bank would be Xapo. You can safely store BTC on your Xapo wallet with bank level security. They store BTC on cold storage plus your Bitcoins are insured, so in case something happens you could claim back your BTC.  Grin

Its a digital money We no need to manage any other organization. We can manage our wallet and Its better than bank You can see the transparent more than bank.
sr. member
Activity: 793
Merit: 250
March 27, 2016, 10:39:39 AM
Having a bank will just ruin the decentrilized feel to it. Its better to have bitcoins controlled by yourself other than a whole bank.
hero member
Activity: 762
Merit: 500
March 27, 2016, 10:37:52 AM
There are some websites that provide daily interest (around 0.02% / day) to users who deposit bitcoins and they invest the coins somewhere else to generate income.
sr. member
Activity: 420
Merit: 250
March 27, 2016, 10:22:53 AM
Is bitcoin bank same as bitcoin wallet ? If not, i think it's a good idea to have bitcoin bank, but i want bitcoin bank in real life, like fiat bank. Not online bitcoin bank.
sr. member
Activity: 243
Merit: 250
March 27, 2016, 09:58:55 AM
I have never seen any bitcoin and I have not even heard of any bitcoin bank.
And I don't like the idea of bitcoin bank.
I mean when you have your bitcoin wallet and can be your own bank then why would you need any other bank.
sr. member
Activity: 350
Merit: 250
March 27, 2016, 09:53:12 AM
I do not want this at all, I even think it would be bad for the future of the bitcoin because its self controllable.
If there comes a bank for the bitcoin, it will be less more controllable and untraceable in my opinion.

you are right frined, i think we must never think to make "bitcoin bank" m satoshi has created bitcoin for freedom, use decentralization, and make bitcoin impressed by the unique.
It will be nice if there will be a Bitcoin bank, than more people will also find out what Bitcoin is and that is very good for Bitcoin.
If they will found out than they are also maybe are going to use it and that is very good if Bitcoin will be more used and more popular.
hero member
Activity: 658
Merit: 500
March 27, 2016, 05:42:27 AM
Bitcoin can be expected soon in the future when the usage of bitcoin increases. This increase will definitely make some good development in the banking sectors too.

yes, the bankers in order to remain working and successful their business will formulate some procedures where they will adopt bitcoin and will start working with bitcoin the same way as they are doing with other currencies.
sr. member
Activity: 280
Merit: 250
March 27, 2016, 05:22:06 AM
I don't really understand what you're getting at and the advantage of a bitcoin bank. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank so there is no need for a bank.

One or many bitcoin banks will not destroy the decentralisation of the bitcoin. The more banks, the more decentralisation.

Yes true, we do not need bitcoins banks. If we needed banks then why would we be promoting bitcoins.
We could have used the fiat banks which are already available for many centuries.. We want bitcoins without the banks.
full member
Activity: 159
Merit: 102
March 27, 2016, 01:48:47 AM
I don't really understand what you're getting at and the advantage of a bitcoin bank. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank so there is no need for a bank.

One or many bitcoin banks will not destroy the decentralisation of the bitcoin. The more banks, the more decentralisation.
full member
Activity: 126
Merit: 100
March 19, 2016, 05:35:38 AM
I don't really understand what you're getting at and the advantage of a bitcoin bank. People that use bitcoin probably wouldn't want a bitcoin bank because it destroys the decentralized nature of bitcoin. And also if you have your own wallet and address, you can be your own bank so there is no need for a bank.
sr. member
Activity: 476
Merit: 250
March 17, 2016, 03:23:47 PM
I believe the most wanna a bank of bitcoin just to get interest letting the banks to make the investments ,soo you wouldnt be trading and loosing ,it would be always profitable to work with them

It would indeed, but it also has a lot of downsides if you ask me, just the fact its already bad because the tractability would be much more.
And its also the question if this is good because you are not controlling it by yourself in my opinion.
hero member
Activity: 560
Merit: 500
March 17, 2016, 03:07:27 PM
I believe the most wanna a bank of bitcoin just to get interest letting the banks to make the investments ,soo you wouldnt be trading and loosing ,it would be always profitable to work with them
sr. member
Activity: 242
Merit: 250
March 17, 2016, 11:53:01 AM
The concept of decentralization will not exist if there will be banks for storage of bitcoins IMO. the system of bitcoin is against that itself in my opinion.
So its good not to have any bitcoin banks.
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