Topic: Bitcoin bank, Necessary? (Read 876 times)

Assuming banks always creates a image in our mind about the traditional methods of banking. Banking systems are been changing and getting more advanced. Banking sector is one of the most important sector in any country as the economic and financial situation of the country might wholly depend on the banks of the country.

Moreover, the circulation of money is been carried from each respective banks and banks are responsible for the developments faced by the country as each development needs finance which is been provided by the banks. Introducing blockchain into the banking sector can change a lot of things which we cannot even imagine. Banking would entirely change it's roots if ever blockchain enters the mainstream.

Precisely and it is a silly topic I think. Not having to rely on banks is the whole point of bitcoin and crypto and it is a main reason why I use it. Being paid is easy and you don't have to worry about someone reversing the payment or defrauding you. Once you are paid you are paid end of the story. If you need the ability to send payments back for a market or online store then you can use a payment processor and people can get a refund. YTo solves the issue of someone being paid and no item being sent you simply use escrow and the person who received the item can take a picture of it and then the escrow is released. It's brilliant and trustless.

As the centralized nature of Bitcoin is not accepted by us, it is not accepted by Bitcoin itself. Changing it into centralized will snatch the security and safety of Bitcoin, this would change the nature of it. The qualities that make Bitcoin attractive will be lost and there will be no value in it. That is why there is no need of Banking for crypto, it was developed in self-governing way and would remain the same.

Banking industry will never be decentralized, it will remain centralize and still win cater the people who are using fiat,  and of course fiat will never be lost in  circulation as it would still dominate since we have the government.

Bitcoin bank is just likely the exchanges that we are using now, and maybe there are banks that will start accepting bitcoin but that is going to be subject to the law of the government, if you want to be anonymous and you don't want to declare your assets, you don't use bitcoin bank.

Actually, creating bitcoin banks means centralizing bitcoins. This would never be something expected by us. We do not really want bitcoins to be centralized or by governed by any of the governments which actually you wanted to say. All those illegal transactions would only be stopped if even someone sits 24 hours in front of the screen monitoring each and every transaction.

This would not even make us feel secure and I am sure that the governments from all over the nations would get busy in blocking the wallets with excess amount of bitcoins. Bitcoins would never be meant to be safe again if this even happens so I am happy with what bitcoins are now and I am not really expecting bitcoin banks to be announced.

Community is composed of many sectors that coordinate as one for the country to develop. Banks financtial institution is one of the sectors that perform one of the vital roles which circulates currency for daily living. Incorporating bitcoin banks is one of the ideas they have which is for me, a way to continue their job but not completely a creation of banks intended for bitcoin. Here's why: for me, having banks intended for bitcoin is a waste of money, establishments doesn't need to be created because bitcoin is running over the metwork. In such a case that what we need is jist internet connection, a hardware wallet or other secured wallet to safely store our funds.

One of the things banks could consider to to is to just incorporate bitcoin to existing branches they have, and have a very secured node or  computer to store cryptocurrency and to process crypto for people. Though, the main function I can just see is when people tends to buy bitcoin, they could easily transfer their funds from that particular bank and accumulate bitcoin directly. In addition, banks might as well consider having huge bitcoin pool, incase people's deman increases.

As you can notice, I am just incorporating banks because I believe banks is one of the necessary sectors of our community, in fact, bitcoin alone with its nodes could survive, and provide better service at all.

On last idea I have about this is that,

Banks could possibly run bitcoin ATM, where people could cash out and cash in their funds, to make accumulation of bitcoins allot easier. But remember, with all these things, we could lose one thing, and that is our anonymity.

I do not like the idea of ​​introducing bitcoins into the banking system. Otherwise, this is not decentralization, but a bank, which will simply deal with cryptocurrencies instead of current currencies.

In my opinion, the idea is not very thought out.

You are right, if we refer to the fundamental reasons for the creation of Bitcoin then we will know that it is completely unnecessary, whereas cryptocurrency is for decentralization. So if you go back to the Bank system, it means that there is no change. And the expected privacy and anonymity will disappear. So let us maximize the existing order, whether there is legality or not, as long as it is not prohibited then we are free to express ourselves, right? so use this opportunity as best you can.

It is not neccessary at all to have that bank because if we will be having it, I am expecting that goverment will regulate us , a lot of files are needed to be done and to be pass , every move that we will be doing will need their approval, there are some atm machines, I think it is enough  , a private company without government rule is good.

Such talk is heresy.


Bitcoin already is a bank all over the work -_- That person is kind of an idiot. Lol they talking about things that bitcoin can't do. That would make it a whole other coin. It would not be bitcoin anymore if you could just reverse payments and things like that. lol then they talk about collecting everyone's personal details to use bitcoin? Such nonsense, that person should really learn the basics of bitcoin. Having everyones personal details one one large global network is the worse idea I have ever heard for a while.

I think bitcoin banks will not be effective in the world of cryptocurrency because what will be it's used ? If we can store all of our bitcoin and altcoins in our own crypto wallets because it will be much safer and secured. Even they will put a small interest in storing our bitcoins in bitcoin banks no one would entrust it.

Such banks who would allow people to store their bitcoins would only serve as a large scale cold storage. Bank actually means that they would entirely start regulating the transactions which would never keep bitcoin transactions secure. Bitcoins are meant to be decentralized so why do we even want them to enter the mainstream?

I personally hate the banking systems. Bitcoin serves us way better than the banking systems so why do we ever want to co-related them? I would personally oppose this because if banks are trying to start regulating bitcoins than they might even start implying taxes over each and every transaction excluding the transaction fees. This would soon turn out to be ridiculous.

bitcoin is not a centralized tool and decentralization is inherent in bitcoin.
if there is a bitcoin bank, it means you equate it like FIAT, and that won't be possible.

No, we don't always transfer to a bank account! There are gift cards and options to exchange for cash like ATMs.
If your local exchange cannot find a bank, go to a different exchange.

You want to keep your bitcoins in a bank because it will be easier to cash out? Bitcoin was made so you don't have to risk it and leave your money in the hands of other people!
How can you be a crypto enthusiast with that attitude?

The concept of the bitcoin bank is self-contradictory to the mechanism to the bitcoin. It is popular because of its decentralized nature, no one has the superpower to control it, this builds the trust among the people to use bitcoin. By making a bitcoin bank it will no longer different from the all traditional currencies.

And another thing is that, is there no illegal activities involved in case of the traditional government-backed coins? The bitcoin came into existence less than 20 years ago but the illegal activities are happening for years. So why to blame bitcoin for that and why it needed to be centralized, when the main cause is completely different?

There are who voted for the need when in fact we are our own wallet and Bitcoin was created to go against the policy of the bank we don't need Bitcoin bank, because we can take care of ourselves when securing our coins, we just need to educate yourselves on how to do it and if there's a bank who will run and where it will comply, will it acts like an exchange with KYC, which is a big no-no to majority of us here.

Bitcoin was born as a currency to control itself instead of banks.  Bitcoin cannot replace services like loans or deposits like banks but Bitcoin has better control over banks.  I think it is not necessary to create a centralized environment like Bitcoin bank.  There is now Binance that allows investors to mortgage other altcoins to lend their bitcoins to other investors.

A world BTC bank that no country will support? Bitcoin is decentralized and if a Bitcoin bank is created it must be controlled by someone to avoid fraud, so how you think someone will trust such a financial institute?

I don't see a big reason as to why people would need to create a bitcoin bank aside from the fact that they might want to pass the blame on to others when time comes and everything went bonkers. Bitcoins are decentralized cryptocurrencies, putting them on na bank defeats the whole purpose of being "decentralised". Aside of that, as you have mentioned, bitcoin promotes a user-based network where it's the users who do the work for themselves, no huge corporation needed. If anything, I see this bitcoin banks as big targets for cryptocurrency theft if ever they will be established.

Maybe he is pointing out regulation. But in the first place, cryptos are sometimes used in illegal transactions due to the anonymity blockchain technology is having. Decentralization is in nature of Bitcoin which contradicts the concept of banks , therefore it is quite impossible. Also, there are cryptowallets wherein a user may store his investments and holdings which is already secured. To sum it up, there's no need for a Bitcoin Bank.

ING bank is working on a custodial service for its customers. I've spoken to several people having their ING bank accounts frozen due to suspicious behaviour (which all turned out to be false/unfounded). Nothing is stopping them from freezing your bitcoins.

Bitcoin bank totally ruins the fundamentals on which Bitcoin is based. Bringing in a third party is absolutely not required. Bitcoin is itself a bank. We don't need someone else to look after the identities and keeping the transaction log. That won't make sense.
I am completely against the idea of having Bitcoin bank.
This is like jeopardizing the basic idea of bitcoin.

     I don't think the government will set up a Bitcoin bank to monitor its users. Btc being decentralized, so it must remain. I don't think anyone can change that. I see that all sorts of things are trying to get the government involved in the crypto market. In my country, starting this year, the government wants to tax the profits from the BTC. I think this is impossible, just using a decentralized system.

Bitcoin is probably a system that is created to have secured funds and transactions that don't need any third parties as stated in the white paper. But the decision is still upon us, because we could rely on third parties to have wallets where don't really have the private keys on us. But taking the banks seriously by holding our bitcoins is like having fiat currencies that is transitioned to be digital. It isn't healthy at all and might just expose our funds to risk.  In bitcoin, we are our own bank.

If you earn cash and are able to pay with cash you don't ever need a bank. When you get a lot of money just buy a safe.

Bitcoin works this way by being your cash but easier to store than real acash and immune to damage like fire/water. You don't need banks for something like that.

You are the bank with bitcoin. You and everyone else that makes up the network and keeps it secure. There is no need for a bank. A bank just means someone else has control of your funds. What would the advantage of a bank be? To stop you from making mistakes? It cannot be undone not even with a bank can undo a transactions come to the address. It's better to use gold as a bank and store of value. That way you won't have to worry about inflation either.

Decentralized nature is the beauty and attraction of this market. A tax free, control free system that would work on our wish without the third party involvement. It would progress more in the way it is. It do not need any authority, banks, taxes, nothing. Crypto users do not want to change its nature and they want to enjoy the status of freedom the crypto offers them.

then it may be called BankCoin and not BitCoin anymore?that is a total Joke because banks will only adopt in Block chain technology but wont accept Bitcoin as  primary currency.
what/can you elaborate the thoughts here?

We know that Bitcoin is a decentralized coin. If we use Bitcoin under bank then it will be a centralized coin. At this stage, government is not able to get tax from it. Government is unable to handle it because of it's decentralization. Then why we will use Bitcoin under bank? If it happens, then Bitcoin will lose it's independence quickly.

I don't literally use bank now, I think even there will be some bitcoin bank I will not use it too. There's no need for physical bank as there already online crypto banks that can be use, as well our wallet can act as our bank already.

We dont need bitcoin bank because we can save our bitcoins or any other altcoins in our on virtual wallet. The idea having a bank is just for formality and also if you are going to store coins that can be seen and can be touch in order to protect these from bad people but here in crypto world those coins cannot be stolen unless the bad guys hack your account.

they still have to test the system they will use, cannot clearly analyze whether it will function safely or not. However, users will also have other usage options outside their system, so there is no problem, they just want to take precautionary measures from things that trigger large losses, and it is certain that there are always tax interests for that.

There are already Bitcoin banks - Xapo, Coinbase, big exchanges, payment middlemen - they all offer to store your Bitcoins and provide additional services like fast conversion between fiat and Bitcoin, Bitcoin payment cards and so on. And they do have KYC and can freeze your accounts if the state tells them to. The reason why they exist is because a lot of people are into Bitcoin only for investment, so they don't care about its values and gladly trade their control for some perceived convenience of having a third party manage your coins. It's an open question how Bitcoin ecosystem will look in the future - whether people will start opening their eyes and using their own wallets, or more newbies will be joining and using such "banks".

Your poll answers your question correctly. There is no point in your argument and logic unless you are a hacker and wants to hack more than what a normal person holds. We are the community who wants our money to be decentralized and want to have our money in our pockets and freedom to spend them anywhere in the world.

Bitcoin is againest traditional banking system and there is no need for bitcoin bank. In crypto community everyone has full control over his funds or you may say everyone has complete bank at his disposal.

As we see how the bank performs now, and now that we were able to do it thru our own hands, why we should let it take away by having bitcoin bank. As much as possible I wanted bitcoin to be this way in use, no more regulation and restrictions, it's enough for some KYC but not anymore regulations as much as possible. Though some prefers it for adoption.

Actually the purpose of banking is to protect the people's money savings and also to gain profit in traditional banking's lending business. The people's savings on their bank will be the money that we can lend on the bank and then if we pay they will also give them an interest and that will serve as the profit.

I agree there has been an increase in crypto related crimes. But we don't need a bank to stop that. Bitcoin has emerged as a currency which gives you complete anonymity and control over your money and frees you from the third party. I don't understand the need of incorporating a third party again. You are responsible for your own money, take decision wisely. You don't need a third party To do that.

In bitcoin you could be your own bank. For what you will need another one? Self custody is a future

No need because that's what Bitcoin was made for, to not use banks anymore for the storage of one's wealth/money, and OP there's no need for centralization of Bitcoin. It's already okay to where it is currently at. Probably banks will need one's personal identity before they can even hodl a certain amount of Bitcoin or do some transactions with it. I already saw and experience these through online crypto wallets, so no I ain't buying that.

It will surely not be accepted by many countries who not legalised or care too much in crypto. But people who are not aware in crypto or bitcoin maybe needs some bitcoin ba ko or atleast ATM for some proof or assurance that they think they will see if there is a physical building they can go to. However, it's still impossible to happen so the mass adoption that is needed in crypto.

I also think that way, over time hopefully Bitcoin will be made specifically to have its own bank to be able to save it, and certainly safer, and there will be more in other countries that will make it, so that even though more bitcoin we can buy and have as much we can buy, but of course it will be safer and easier to use it as a transaction and others.

Cryptocurrency greatly limits the need for banks. Banks may still have a role in a post-fiat society, by offering full reserve loans backed by law enforcement should a person default, so their assets can be repo'd, but beyond that, banks would be pretty antiquated in a world that has competing price-stable, decentralized cryptos.

Bitcoin is a decentralized monetary system, while a bank is a centralized institution. The concept of Bitcoin contradicts the concept of banks. But since we live in a capitalist society, I think that there will be attempts to create banks for storing bitcoins. Already, some banks in some countries provide similar services.

very unlikely, because basically bitcoin uses peer to peer networks to operate without authority and bitcoin is a source of decentralization that cannot be controlled by the central organization, and even if the government makes a bitcoin bank in the future in my opinion this will be very complicated for bitcoin users because they will definitely ask us to do KYC or AML so they can limit our bitcoin and collect taxes with our bitcoin.

That is not in line with the principle of bitcoin. Bitcoin is decentralized then you advise the Bank to ask for each user's ID so that it can be monitored for every transaction.
Bitcoin already has its own bank, Blockchain. Security on the blockchain is very good, including the security of your account which is protected by private key, 2FA, and others.

I think bitcoin bank is not really necessary in which I am being neutral to the both parties if having a main bank for bitcoin or not. At the first place, people are using bitcoin or other cryptocurrencies to make larger transaction without even noticing the world banks or even the country banks nor don't need any legal papers to transact high amount of business and etc. This is just one on the many reason why people are making transaction using bitcoin, besides it is more convenient it is also more faster than the usual transaction, that's why I think bitcoin bank is not necessary because if there will be a bitcoin bank then we need to submit initial papers to that bitcoin bank in order to make or start a larger transaction.

bitcoin bank is not necessary. When we are all talking of bitcoin is decentralized. having a bitcoin bank that holds crypto-asset means it is under control of some sort of authority that is equivalent to being centralized. However, I do not think we can have a decentralized crypto bank because the bank is a bank and it will always be subjected to some sort of centralization and in the world today where many people are afraid of putting their crypto on the private wallet, exchange platform, etc. It is obvious using a crypto bank will involve a whole lot of risk especially during this period when many crypto projects are disappearing with the fund of investors. In fact, up till this present moment, I have not seen any project about crypto bank that became successful. It is either they end-up with another product or turn to scam. The Denaro project scam is still fresh in my memory.

basically we have to look at the origins of banking, when before forming it into a bank, for what and its purpose ..!
Not as easy as we imagine in the body shape called the Bitcoin Bank.

There is a difference between banks and Bitcoin.

I mean, a type bank in the form of a business entity, meaning to collect all money from the public which is called savings or credit for the prosperity of the wider community.

While Bitcoin is in the form of exchanges and the like, to make money for the people.
For example, gold in exchange will be money, that's physical.
Bitcoin is not physical, it cannot be touched by the public, which is called digital money (electronic).

So, it is quite impossible if Bitcoin Bank was formed for now, many countries have not recognized Bitcoin as legitimate money that is traded publicly.
Only as a digital tool in the form of exchange, to make legitimate money, from each country.

Bitcoin Bank not at all necessary as bitcoin is a decentralized cryptocurrency. Government will never accept bitcoin as it is decentralized. It is not legalized in most of the countries. Wallets are safer as it is peer to peer transaction. As bitcoin is volatile banks will never accept bitcoin in banks.

I think the Bank is not feasible for this purpose because Bitcoin is a decentralized currency so how could you link up with this cryptocurrency in Bank, people usually involved in this system only for this reason that no one control over this platform, not only that but also Bitcoin banking idea is not much suited. but If you think about the reserve aspect then the matter is different, I think Bank would be used for the security purpose, At first, we have to focus on the secure wallet system, for me, It's enough to make Bitcoin safe and sound. so from my perception, the Bitcoin bank is not important anymore.

I don't know why the need when we are a bank of our own and besides we all want decentralization here and anonymity, so why push for this kind of program, it's a direct conflict from our interest, I don't think it will be supported if there are plans to set up one, and if you look at the poll many are against it. 

I think, to use bitcoin we don't need a bank, because that will make it even more complicated. a flowering system and a complicated alr will make us think twice about saving in the bank.

Bitcoin was created to eliminate third parties. Having your funds on Coinbase is basically doing exactly what Bitcoin was made to combat. Coinbase is some kind of modern banking system, it's a centralized wallet. The point in using Bitcoin is being your own bank.. as it's always said, not owning your private keys/seeds = not owning your Bitcoin. With that being said, if you don't eliminate third parties, you're not going to support what Bitcoin was made for. In fact, you're just moving from the actual banking system to the modern one.

bank is not necessary, there are centralized services that acts just like bank, for example coinbase that hold so many bitcoins from it users I think that could be considered as bank equivalent at this point and honestly having bank for crypto sounds stupid. the point of crypto is to get away from bank and this idea is simply like trying to go against that ideal.

Bitcoin can be the future bank of the world? The existence of it is that so we can manage for our own so we don't need a bank. I don't know why would we even have a bitcoin bank if its existence is to cancel each other. It is not necessary, you take care of your wallet, I will take care of mine, it is that easy.

I chose neutral because I wasn't sure the bank would be able to create a system that could control coins that were able to move in decentralization, there would be many loopholes of problems they would face. not really needed because of these complicated things, fluctuations in bitcoin prices will also confuse the system, because so far they have facilitated the system with a currency / asset that has a measured value.

I do not think so. And it is the main point of cooperation with everybody.

There is no point in storing bitcoin in banks as I know, bitcoin is decentralized and I don't know why we should hold them in banks instead on our personal wallets, We're not talking here about physical money, It's just virtual money, which it's can be able to hold of yourself online, so bitcoin banks are really unnecessary as people who use bitcoin wants to be anonym and not sharing personal stuffs.

In my opinion, a bitcoin bank as an organizational add-on is absolutely not needed. A decentralized cryptocurrency does not need centralized management. This contradicts the very nature of bitcoin.
Bitcoin can only cooperate with the existing banking system for the convenience of its use by people. Banks can provide services for exchanging bitcoin and other cryptocurrencies for ordinary currency, as well as provide for various combinations of its practical use with their bank payment cards.

I am not sure about this. Bitcoin does not need a bank, because Bitcoin is what shows that the bank is unnecessary. In a way, Bitcoin is the bank. Moreover, Bitcoin stands again centralization, so making it centralized via organizing a single bank responsible for stuff is betrayal. At the same time, I believe that some banks will start to allow people to keep their Bitcoins there and perhaps even open Bitcoin bank accounts. I am also pretty sure that some people would even do that because it gives someone to blame in case something happens, the feeling of safety and other benefits like when you have to prove you have money for visa/credit or something else, you can make a Bitcoin bank statement.

Bitcoin can not be controlled by anybody so the bank is not Necessary, Bitcoin can do it all by itself it is a decentralized technology that need not anybody, Apparantly Bitcoin will be the future it can also become a great currency of the future but restraining it in a form of a centralized bank it not a guaranteed shot to happen, Maybe it can be processed by banks but it can not be controlled or be taken by banks as a tool for themselves. 

Either you're a troll or you have no clue about how Bitcion works and what it was created for. The funniest thing about your thread is a nickname though   

Not about safe or not, Bitcoin is invented to give people a full of freedom where they can control their own money, create their own transaction and hide themselves.

In case there is a bitcoin bank, there must be an entity that control our activity and it must be no longer decentralized.

I Just don't get it why do people have to use Bank? I mean why do people think that bank should be integrated with bitcoin while Satoshi created bitcoin in the first place to eliminate the 3rd party in this case is Bank. Using bitcoin meaning that you are controlling your money not another party, well basically you are the bank, your responsibility is to make sure that you're keeping your private key safe, that's all.

Owning a bitcoin probably need the private key required to access your bitcoin in a secure wallet. Now, if there is a bank of bitcoin, do you think your private key is safe anymore? That's the difference of a centralized and decentralized cryptocurrency. Don't trust any banks be your own bank.

whats the point of cryptos  ? but cryptos did say that they are bank  ? i heard cryptos was formaly introduced as a currency or a payment method  but people push and say that it can be also good to use as a bank , idk why  . bank because it gives interest or returns simillar to banks  ?  but not all times and it also risky because the money you put can go down as well  but anyways  if there are bank for gold and fiat then why not for bitcoin and cryptos   ?

I don't think we need banks to store our bitcoins to keep it safe and secured because we can store our bitcoins in our bitcoin wallets, which it is also safe and secured, so what is the point of storing our bitcoins in banks if it is more easy to store all of our bitcoins to ourselves.

And that is the reason why we don't need a bitcoin bank. We can already manage our own bitcoin without the help of third party. And others are right, there's no point of this bitcoin creation if there will be a centralized bitcoin bank. And by the way, do bitcoin users or owners really want to have one? I guess not.

in terms of storing our bitcoin, I don't think we need a bank
because our own wallet is already like a bank

No, we don't need another banking system. Otherwise, what's the point?

I do not think bitcoin banks are necessary. Bitcoins are a digital currency so how would banks help us in storing bitcoins. They would need large cold storages in order to store bitcoins of the peoples but it is not really necessary.
We peoples can use and store bitcoins so why do we need to rely on banks?

It sounds like a useless idea. Cryptocurrency is free from banks and other regulations.

There are already banking going around bitcoin. It has been used both as a currency and collateral. People are getting paid interest in bitcoin or being made pay in bitcoin for loans. As well bitcoin are used as collateral for USD or other loans. There are insurance of and in bitcoin. There are hedges that use bitcoin. Though we still need more banking options in bitcoin to increase its adoption.

Even now people go to banks for withdrawal and deposits without using the deposit machines or the ATMs. This is all because of the lack of knowledge about banking process. Likewise there will be people around the world, when a bitcoin bank is started it'll benefit such people who wish to use and benefit out of bitcoin. This also serves as a promotion to the bitcoin, because it doesn't have any promotion particularly.

Do you have any knowledge about bitcoin? How bank will stop transactions?  Bank cannot do anything.Bitcoin is decentralised and open source. If you don’t have any idea then search what is decentralised and centralized.if after sending your bitcoin you can't do anything.               

when steam engine was invented the stables (for horses) became obsolete and there wasn't any need for it. you can still build one and hold horses there but they won't be used for transportation.

with bitcoin, the need for banks no longer exists. you can create a bitcoin bank and get some fools in (like what Coinbase is doing) but it is only limited to those fools and has no other usages.

A government Bitcoin bank would defeat the purpose of Bitcoin because the intent of it is to allow us to use and store our money without relying on any government or business.

However I could see a regular bank providing cryptocurrency services to customers as a way to make it more accessible to people that aren’t computer savvy.

It will be difficult for us if there are bitcoin banks because most banks are managed directly by the government and that there is oversight, so the purpose of p2p bitcoin again in there is a bitcoin bank.
Many people will have a hard time if this really happens I hope bitcoin will continue to be recognized in various countries not controlled by the government it will be difficult in my opinion.

I don't think it is necessary however the fact that mainstream zio-banks are not trying to persuade people in to crypto-services with them, is quite mysterious and in fact, suspicious to say the least. I think it could work reasonably good, definitely in favour of the clients, without doubt embracing banks with additional safety features. This must be the exact reason why they retain themself from going "full" crypto, they don't care about clients, their safety and convenience, all they need is to fracture the sh#t out of reserves they don't have and take unrightful control over as much real wealth, goods and land as possible.
Bitcoin prevents fracture reserve systems from emerging, it is incompatible although usury friendly even with it's limited cap.
There's just one problem, people would notice very fast, how usury is fraudulent in nature and banking position of power could be changed forever.

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.

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.

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.

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.

Do you really know what is the purpose why bitcoin was created and what is its function? If the government will build a bitcoin bank to control its users, then it will be useless to use bitcoin at all. It is decentralized and it gives freedom to its users. Bitcoin bank is unnecessary. It's just a waste having that in bitcoin.

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?