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Topic: Bitcoin Bank??? - page 37. (Read 45646 times)

legendary
Activity: 1596
Merit: 1011
February 06, 2016, 06:21:53 AM
Isn't the fact that bitcoin is not controlled by any economical system the part that's best about it? Why would there exist a bank for it?
yes bitcoin is not regulated by any economic power. if bitcoin want governed by the bank then there should be a regulatory body for this purpose. bitcoin bank is for the benefit of all who are and know bitcoin. bitcoin will be more secure and trusted in the community at large.
legendary
Activity: 2310
Merit: 1422
February 06, 2016, 06:13:50 AM
Why do we ever need a bank if BTC tech gives us the power to be our own bank? I think the fact that I can be in a complete (almost 100%) control of my money it's the best thing I could desire. Of course I do not own my BTC I own the keys to access them but it seems to me that's absolutely awesome.
sr. member
Activity: 252
Merit: 250
February 06, 2016, 06:08:23 AM
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
so far we can't find it,bitcoin developer not yet provide bitcoin for bank,as we know we just find some company accept and become bitcoin partner,but we dont know about this year,i wish something big will appear.
sr. member
Activity: 441
Merit: 250
February 06, 2016, 05:27:48 AM
I don't see the interest of a Bitcoin Bank. It seems that you want to have some tiny interest. You can win much more here, but beware of the scams !
sr. member
Activity: 378
Merit: 250
February 06, 2016, 05:25:40 AM
Isn't the fact that bitcoin is not controlled by any economical system the part that's best about it? Why would there exist a bank for it?
member
Activity: 81
Merit: 10
February 06, 2016, 05:21:22 AM
Been following the bitcoin space and..

Cashila is the closest you can get to a bitcoin bank, imho.

It allows you to have an online account which you can fund with bitcoin and make normal payments like you would do with an ordinary bank.
You can also receive payment straight into your online account. But it doesn't provide you interest, though.
legendary
Activity: 3374
Merit: 1824
February 04, 2016, 10:40:28 AM
I also don't understand this idea about Bitcoin bank.
All idea and vision behind bitcoin is decentralization, anonymity and get rid from banks and government regulations.
If you want to create bitcoin banks you have to follow your country laws about it, government and financial regulations etc.
Also, your clients have to prove their identity and bank is already centralized, as part of national financial system.
All this is incompatible with the basic idea of Bitcoin, in my opinion.
legendary
Activity: 896
Merit: 1000
February 04, 2016, 09:48:31 AM
If there is a regulated bitcoin bank and it is safe to do business with, I will save my bitcoins there and earn some interest.

regulated or not, why would you risk your precious bitcoins for a low interest rate? you holding your bitcoins is already an investment which will see its value gain significantly throughout the years. there aren't much possibilities where you can function as your own bank without the need for third parties etc. 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. you decide what you want and to who you want to send it. ask a regular bank if it's possible to withdraw all your money in once if you have a decent amount, they will give you a very hard time. a regulated bitcoin bank won't be any different.
legendary
Activity: 3472
Merit: 10611
February 04, 2016, 09:43:15 AM
this is very strange to me!
because one of the biggest reasons for existence of bitcoin -that everybody is mentioning about when they are talking about bitcoin- is the fact that bitcoin helps you get rid of banks and not need them anymore.
now despite all of that this topic is looking for a bitcoin bank!

anyways, in this (bitcoin) world that we can not even trust an exchanger which we are paying fees to, how can you trust a bank to pay you!
sr. member
Activity: 280
Merit: 250
February 04, 2016, 09:29:19 AM
That would indeed be useful. But the only advantage is that it's easy.
But the disadvantage is that you have been hacked.
I do hope it will exist a clear but that would be good.
legendary
Activity: 1260
Merit: 1008
February 04, 2016, 07:40:59 AM
the big mining firms will merge with exchanges and then will evolve to bitcoin banks. already happened with the chinese company.

and like the chinese company, they will offer priority block inclusion and no fees if you store your bitcoin with them.

which of course means that you dont own the bitcoin because they have your private key.

which means they can launch any kind of fractional reserve they want

so we're back at square 1
full member
Activity: 238
Merit: 100
February 04, 2016, 07:35:44 AM
when dude?i cant wait for that btc bank..sounds good to me
if that happend so its mean btc is famous could be our currencie and everyone wanted to use it
full member
Activity: 188
Merit: 100
February 04, 2016, 04:46:06 AM
If there is a regulated bitcoin bank and it is safe to do business with, I will save my bitcoins there and earn some interest.
full member
Activity: 159
Merit: 102
February 02, 2016, 04:43:25 AM
It will be nice if there will be a Bitcoinbank.
The more opportunities you have for Bitcoin, the more people will use it.

Bitcoin bank is great for the adoption of bitcoin. But conventional banks will be not so interested in it for the time being.
sr. member
Activity: 476
Merit: 250
January 26, 2016, 11:46:42 AM
This is not gonna happen it will destroy bitcoin.
Bitcoins doesn't need a bank but it will increase there popularity.
But at the end it will not help bitcoin users at all.
sr. member
Activity: 420
Merit: 250
January 26, 2016, 11:43:24 AM
It will be nice if there will be a Bitcoinbank.
The more opportunities you have for Bitcoin, the more people will use it.
full member
Activity: 126
Merit: 100
January 26, 2016, 11:40:58 AM
I don't think bitcoin needs a bank. I think it's alright the way it is already
Isn't part of the reason some people joined bitcoin is to get away from all the banks?
hero member
Activity: 560
Merit: 500
January 26, 2016, 11:30:15 AM
I'm more interested to see some investments fonds..
Or maybe something like  https://cryptostocks.com/.
Banks are something that we are trying to avoid.
hero member
Activity: 1204
Merit: 505
January 25, 2016, 12:20:52 PM
Well, I would love to see banks using Bitcoins, basically because we can then invest our money into it. And then I think I would earn small interest every day on my money , I would love it really man Grin
legendary
Activity: 1288
Merit: 1087
January 24, 2016, 04:46:26 PM
Weird derivatives will take a while to arrive, but I don't doubt we might have some banking like features from third parties some day. Let's hope they're legit and audited.
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