Bitcoin Bank??? - page 5. | Bitcointalksearch.org

ananas99

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Quote from: bitart on May 31, 2017, 02:08:23 PM

Quote from: Russlenat on May 31, 2017, 12:55:13 AM

There is now Bitcoin Bank...

Just read this articles.
I hope this help.

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits

Link: https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/

Well, it's not a real bitcoin bank, it's an online bank that accepts bitcoin in order to top up the customers' checking account. They don't really deal with bitcoin, they just accepting it and exchanging it at the moment the bitcoins have arrived. It's a good idea, of course, to let people top up their account with bitcoin, but that's all.
If you think about a web wallet provider, it's nearly a bank too, you can open an account, they can issue a debit card to you, they keep your bitcoin, and you can send and receive bitcoin from or to your account. It's like a savings bank, the only difference is that they don't give you interest for your savings.

Of course, a lot of talk is being done about the creation of Bitcoin Bank but it would be interesting to know all the specifics of the work of this institution and whether there will be other user privileges, In addition to storing Bitcoin in this bank. There are times when you need legal support from the user and This is not the last hope for this Bitcoin Bank.

bitart

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Quote from: Russlenat on May 31, 2017, 12:55:13 AM

There is now Bitcoin Bank...

Just read this articles.
I hope this help.

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits

Link: https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/

Well, it's not a real bitcoin bank, it's an online bank that accepts bitcoin in order to top up the customers' checking account. They don't really deal with bitcoin, they just accepting it and exchanging it at the moment the bitcoins have arrived. It's a good idea, of course, to let people top up their account with bitcoin, but that's all.
If you think about a web wallet provider, it's nearly a bank too, you can open an account, they can issue a debit card to you, they keep your bitcoin, and you can send and receive bitcoin from or to your account. It's like a savings bank, the only difference is that they don't give you interest for your savings.

Sir Legend

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I think the existence of bitcoin bank make it all be limited, of course, a lot of the rules that must be followed, for example, should the existence of official identity.

Russlenat

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There is now Bitcoin Bank...

Just read this articles.
I hope this help.

Global Digital Bank WB21 Starts Accepting Bitcoin Deposits

Link: https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/

emezh10

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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 guess having a bitcoin bank will help all bitcoin user to save there bitcoin easily. If there’s a bitcoin bank all bitcoin user will have interest on that because they think there bitcoin is totally safe and secure and no one’s will try to stealth it.Bitcoin bank will help all people in the world who use bitcoin. I think in the near future there will be a bitcoin bank that you can keep your bitcoin safe. I’m so glad if there’s a bank will accept bitcoin.

Tatalk

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Quote from: YTBitcoin on April 03, 2017, 09:29:44 AM

Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

Yes that is right if banks will start working for bitcoin then there will be the fear of freezing the accounts and if any of case occurred with any person then all the other will withdraw their money and will leave their bitcoin bank account.

But that will happen to the fiat banks as well. However, for bitcoin, people will have more freedom.

YTBitcoin

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Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

Yes that is right if banks will start working for bitcoin then there will be the fear of freezing the accounts and if any of case occurred with any person then all the other will withdraw their money and will leave their bitcoin bank account.

tobacco123

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No sure if anyone mentioned before by freebitco.in offers 4.08% interest for deposit with them... However, I am not sure how trustworthy they are....

bitbunnny

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To establish Bitcoin bank, Bitcoin should be fuly regulated and under control of some central bank, government too. Many Bitcoin users wouldn't like and approve something like that although that could have some benefits also. But so far I don't think there is "danger"of any Bitcoin ore crypto bank anywhere in the world.

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Quote from: yuiyuga on April 03, 2017, 03:52:50 AM

Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

All banks set a lot of different rules. And if we break them, our account will be frozen. But this will not happen if a person simply uses his bitcoin purse. Therefore, I believe that such banks are useless

As stated banks have got several terms and conditions that needs to be followed to continue usage of their services. But with bitcoin wallet theiris no limitations in having it without a small amount into the wallet. Also it cannotaccessed if their is an internet connection but with bank for such service we need to pay regular charge of using it.

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Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

the bank will be created by government to control bitcoin and growth and i think they will have their own purpose with bitcoin as they know that bitcoin is a good investment that people can made. so they can make rules to limit the bitcoin people from using bitcoin or maybe they will need us to send our document to be approve when we want to make account in that bank.

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Quote from: yuiyuga on April 03, 2017, 03:52:50 AM

Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

All banks set a lot of different rules. And if we break them, our account will be frozen. But this will not happen if a person simply uses his bitcoin purse. Therefore, I believe that such banks are useless

You use a bank, which means you should accept all its rules and rules, bitcoin banks appear, which means that bitcoin has been put into the legal system, if you want to use Use it, you must certainly follow the rules of that bank, and of course, you will not be in violation of their rules.

Doamader

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Bitcoin doesnt need any bank behind it, sure some new investors would come into bitcoin as well crypto world, but do you wanna a third companie to have plenty acess to your money, and use and lend your coins to others, because we all know this is what banks do with our money.

bitbob82

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Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

to me i think if you want a coin successful. then you need to start all the projects and follow then road map so that the investors can trust on you. and they purchase your alt coin and then hold it for a long time.

yuiyuga

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Quote from: Bondho Kompeni on April 03, 2017, 03:02:00 AM

I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

All banks set a lot of different rules. And if we break them, our account will be frozen. But this will not happen if a person simply uses his bitcoin purse. Therefore, I believe that such banks are useless

Bondho Kompeni

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I think it is a trust, why many coins fail? because investors none the trust and will eventually choose bitcoin. the Bank will make many rules and restrictions so that make our account be frozen.

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Quote from: Nevis on April 02, 2017, 09:34:19 PM

Quote from: Mikellev on March 19, 2017, 05:24:51 AM

Quote from: Silberman on March 18, 2017, 07:19:44 PM

At the moment, I don’t know of a single bitcoin bank that promotes itself as one, however since bitcoin help us to be our own banks then any service that offers wallets to store your bitcoin are in a way a bank with the difference they are not offering interest rates for having your money stored with them.

Bitcoin bank is not possible. reason is simple it is decentralized one, we all know that price changes very often and maximum times the price goes high in this case the bank has to give the best value to its user which is very difficult to manage. just hold your money in btc wallet which will in turn give you interest much better than bank.

As he said i think also bitcoin banks will not be possible even if bitcoins will be one of the physical currency and all country adopts it.Yeah its because of bitcoin being a decentralized an unstable price condition from time to time.So I agree with this that bitcoin banks would no be possible at all

It is possible if the Bitcoin will be one of the physical currency and all countries adopt it. How means a physical currency need a storage to save your money. So in this situation, the banks will open automatically. But this is not possible now, suppose if it is possible it will take years to open Bitcoin Bank.

Nevis

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Quote from: Mikellev on March 19, 2017, 05:24:51 AM

Quote from: Silberman on March 18, 2017, 07:19:44 PM

At the moment, I don’t know of a single bitcoin bank that promotes itself as one, however since bitcoin help us to be our own banks then any service that offers wallets to store your bitcoin are in a way a bank with the difference they are not offering interest rates for having your money stored with them.

Bitcoin bank is not possible. reason is simple it is decentralized one, we all know that price changes very often and maximum times the price goes high in this case the bank has to give the best value to its user which is very difficult to manage. just hold your money in btc wallet which will in turn give you interest much better than bank.

As he said i think also bitcoin banks will not be possible even if bitcoins will be one of the physical currency and all country adopts it.Yeah its because of bitcoin being a decentralized an unstable price condition from time to time.So i agree with this that bitcoin banks would no be possible at all

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Quote from: beafheart on April 02, 2017, 12:49:15 PM

I do not understand why you need such a bank. After all, every member of the bitcoin community can independently dispose of their bitcoins. The bank is an extra mediator between users and bitcoins

We need bitcoin banks too. Who knows, they can offer service which are not present in the current exchange sites. Any new development that could improve the use of bitcoin and make it useful to function like fiat should always be welcome.

beafheart

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I do not understand why you need such a bank. After all, every member of the bitcoin community can independently dispose of their bitcoins. The bank is an extra mediator between users and bitcoins

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