I honestly don't understand the need for a bit-bank. Electronic money don't need some extraordinary storage or something. And if you need them with you, just get a wallet.dat with you on a smartphone, flash storage, camera, laptop, netbook, whatever else.
I always judge by myself: would I keep my own money in my own wallet, or transfer them to a personal wallet of Colin Armstrong in Canada which is called "bit-bank"? My answer is that I rather keep it.
BTW, no offence, I highly respect the fact that you decided not to use anonymizers and registered the domain to your own name. I also clearly understand people will treat my new exchange project same way, but the difference is that my service will indeed have specific needed features which other don't have.
Clearly your opinion represents that of the minority, if services such as mybitcoin.com are so popular.
I would much prefer transferring bitcoins to one location rather than tediously copying a wallet.dat to everything I bring with me... Also, I have a tendency to lose things, so that's a perfect opportunity for disaster.
By all means judge by yourself - however, your opinion does not hold true for everyone.
I honestly don't understand the need for a new exchange. We already have Tradehill and Mt.Gox, why would people migrate to yours?
Also, you've prompted me to enable whoisguard on my domain, so people like you are unable to get my contact information. Thank you.
