So you want to combine two concepts that are impossible to be with each other?
We all know banking is a centralized thing, someone needs to take over full control and view of a bank and bitcoin is a decentralized currency. Basically from what bitcoin is, we don't really need banks to manage funds. If we then want to push this through bitcoin will never be known as decentralized currency after that.
Topic: Bitcoin bank, Necessary? - page 5. (Read 840 times)
So, what will be the purpose of having a bitcoin then?
Yeah, let us put in a bank and then give all our information. What is the difference with having fiat in a bank?
You made so much effort into buying bitcoin and all of a sudden you just want the same thing which is happening with fiat.
The same thing which banks do. Where is the change there? It is the same traditional bullshit banks will do and we are still the losers in the end.
Yeah, let us put in a bank and then give all our information. What is the difference with having fiat in a bank?
You made so much effort into buying bitcoin and all of a sudden you just want the same thing which is happening with fiat.
The same thing which banks do. Where is the change there? It is the same traditional bullshit banks will do and we are still the losers in the end.
First and foremost, do you really understand the word decentralization? If you do, then why are you asking whether bitcoin bank is necessary. Having a bitcoin bank simply means centralization is been introduced into the bitcoin ecosystem. Banks control the amount of funds you can send at a particular point or moment in time with ridiculous transaction fees. The bitcoin wallet is all that you need..
Interesting thought. So there are already different tokens/ crypto companies that provide loans to users. Therefore you would not need a bank for loans BUT I think that a social interaction between humans is necessarry so those banks might have a chance
Having a bitcoin bank will only give us the same experience we currently have right now with our fiat. Bitcoin was created to bypass everything that restricts us from using fiat. If bitcoin bank will be created and will fall in the hands of the government or any private institution, this will only remove our freedom of using bitcoin in any terms we want.
no one also knows that this is a government project from several countries to replace banks and fiat currencies when they fall and fail, why don't they actually have planned bitcoin for a long time and invite people to make transactions anonymously and privately decentralized so that it is not centralized and controlled by any government, but there is someone who controls this for the next project, I'm still confused who bought bitcoin until now the price is high, hoping they print more fiat currencies to increase the price of bitcoin again, I'm neutral and don't talk much about bitcoin bank, lol 
Nope! Not only is it not necessary; it is even absurd. Banks will have to go in the age of Bitcoin. With Bitcoin, you are not only the bank yourself, you are also carrying with you the entire banking system.
If all holders gives them details then it will be it safe or not?
Safe in what aspect? the banks always do collect the information of their clients whether you are a depositor, a borrower, they'll get the necessary details of their customers. Having our own wallets make us the bank itself. Although, I've heard that there's already some bitcoin banks but the duly purpose of it isn't being the bank itself but probably into business like lending bitcoin to their users or something like that. I'm still confused how they'll work. 
Bitcoin can be the future bank all over the world. It might be similar value of World Bank.
Now a days there are so many big transactions are done with crypto currency. If people don’t want to tell globally about their transactions they may use crypto in big number of amount in a single transaction, and nobody else can recognize that why and what they do transfer.
If there any kind of illegal activities involved in that transaction then if there is bitcoin bank exist over there then some kind of transactions may be stop by the bank.
In that case all the government make bitcoin bank in future, they will ask for all account’s details and the person who access the account. If all holders gives them details then it will be it safe or not?
If there any kind of illegal activities involved in that transaction then if there is bitcoin bank exist over there then some kind of transactions may be stop by the bank.
Sounds like a joke. Bitcoin is a decentralized coin. If it becomes centralized then what is the point? you mean to say the coin should loss its unique property?
Bitcoin can be the future bank all over the world. It might be similar value of World Bank.
Now a days there are so many big transactions are done with crypto currency. If people don’t want to tell globally about their transactions they may use crypto in big number of amount in a single transaction, and nobody else can recognize that why and what they do transfer.
If there any kind of illegal activities involved in that transaction then if there is bitcoin bank exist over there then some kind of transactions may be stop by the bank.
In that case all the government make bitcoin bank in future, they will ask for all account’s details and the person who access the account. If all holders gives them details then it will be it safe or not?
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