Topic: Bitcoin cryptocurrency banks needed. - page 2. (Read 1014 times)
The survey shows the interest of some people, though the number of people that applied for the survey is low at 27 compare with number of post in the thread. The idea of the cryptocurrency especially bitcoin shouldn't use banks but I think other idea of blockchain payment could be attached to banks for payment in relevant fiat or other means.
it will be hard to realize it because we know that the bitcoin created decentralized it means we dont have any bitcoin center in the world, but if ou makes bitcoin banks it means it will be the bitcoin center and it will break the decentralized features on bitcoin
I think if banks will adopt bitcoin then they will follow the rules of this currency. I know that no one can get control on it and no one can make it a centralized currency. They can only provide ways of storing and trading etc. I think if banks will provide that service for all of us then it will give strength to it just like we all want ETF on bigger exchanges. 
Bitcoin cyptocurrency banks need in high street because it needs to support the demand of every bitcoiner that have an daily transactions. It can help bitcoin banker or investor to help them to transact more easy and less hassle and also as a security issue it is more safer to store your bitcoin in bitcoin bank rather than our digital wallets.
ATM bitcoin devices are becoming increasingly popular as many countries have installed Bitcoin ATMs in public areas with large numbers of adults. This makes it easy for people to access and use Bitcoin easily without going through any trader, minimizing risk in transactions, helping you be safe from scammers. 
Bitcoin cyptocurrency banks need in high street because it needs to support the demand of every bitcoiner that have an daily transactions. It can help bitcoin banker or investor to help them to transact more easy and less hassle and also as a security issue it is more safer to store your bitcoin in bitcoin bank rather than our digital wallets.
I am one of them that support cryptocurrency banks.
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
I agree with the op, in fact whatever form of property we are obliged to find the best storage place and with guaranteed security for the assets that we have especially digital assets where there is no storage institution that dares to guarantee the security of our digital assets. Broadly speaking, relying solely on storage capabilities on computer devices is not enough to guarantee the security of digital assets, other than due to factors such as damage to hardware and software, the danger of hackers and cyber criminals needs to be watched out more. Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
I am one of them that support cryptocurrency banks.
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
if you don't know how to use bitcoin it is your fault.and safety of your coins depend on how you take safety measure.it is not like that all people need to know how to use bitcoin as it is not the substitution of bank money.so who are interested in bitcoin must know it's using.when a bitcoin holder die bitcoin will not loss if he share his password to his loving on or whom he wanted to give his property.creating bitcoin banking will impose regulation . Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
it will be hard to realize it because we know that the bitcoin created decentralized it means we dont have any bitcoin center in the world, but if ou makes bitcoin banks it means it will be the bitcoin center and it will break the decentralized features on bitcoin
How it supposed to have that banks knowing that we can stored Bitcoin in our wallets either it be online or offline wallets. There is no need to have that cause in the first place it is not necessary, maybe it could used for fiat currency rather than to be with virtual currencies.
first of all, if a bitcoin user does not know about crypto wallets then they do not deserve to get any security, and what is your point on if they do not have wallets lets give them banks. just inform them about the crypto wallets that's it. and secondly bitcoin wallets are well designed to be recoverable and if you do not decide that you don't want any recoverable options after you die or any bad incident then it's your fault. I see not a single valid reason why cryptocurrency needs banks.
I am one of them that support cryptocurrency banks.
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
It seems like your statement is wrong, bitcoin was created not for banks but bitcoin was created for freedom from banks, people are free to trade their own money without worrying about bank rules. In fact, bitcoin is made with a decentralized system and where banks are made with a centralized system, so both have very different differences and cannot be shared.
I prefer to hold my own money without the monopoly from the bank, bitcoin is the answer.
Bank is not really needed. I have already given my opinion about it. Even up to now my answer is still the same. Having a bank is redundant already with the hardware and cold wallet already present. You can do transaction any time you want if there is any for there are many exchanges now and you can choose the good one like binance.
Anyway if it will make an increase over a period of time then that is possible. Just like banks when you open a savings. There are interest rate increase of the savings but just minimal.
Anyway if it will make an increase over a period of time then that is possible. Just like banks when you open a savings. There are interest rate increase of the savings but just minimal.
You raised a VAIid question and in my opinion I think it's very possible to achieve.
The cryptocurrency bank might not necessarily be a conventional bank for Fiat.
If it's strictly a bank for cryptocurrency where one can walk in and is given an address to transfer ones digital assets for storage purposes.
The cryptocurrency bank might not necessarily be a conventional bank for Fiat.
If it's strictly a bank for cryptocurrency where one can walk in and is given an address to transfer ones digital assets for storage purposes.
They would have to be insured but the entire point was that it was a system where there was no trust needed. You don't need to trust a bank to keep it safe.
Exactly. Here in this cryptocurrency world, banks are useless as we ourselves has the full control of our funds by just using online or hardware wallets. I don't support cryptocurrency banks they are just some sort of a joke in this industry. We don't need something like cryptocurrency banks as this kind of asset is in a decentralized form which we don't need entities or middleman or whoever that has to take care of our funds.In general discussion bitcoin is opposing central banks, not commercial ones.
They would have to be insured but the entire point was that it was a system where there was no trust needed. You don't need to trust a bank to keep it safe.
Exactly. Here in this cryptocurrency world, banks are useless as we ourselves has the full control of our funds by just using online or hardware wallets. I don't support cryptocurrency banks they are just some sort of a joke in this industry. We don't need something like cryptocurrency banks as this kind of asset is in a decentralized form which we don't need entities or middleman or whoever that has to take care of our funds. 
I am one of them that support cryptocurrency banks.
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
of course the bank will be needed someday. Banks must be able to guarantee that the digital currency we have is safe. even if it can be fully applied and eliminate the fiat system, the bank is a must !! later digital currency banks will have the same role as conventional banks, digital currency banks can provide loans and credit installments. this is the bank's main function and I am sure that over time this can all be realized. Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
I have made a quick poll to see what members say. Please leave a reply if you have any idea how this will work.
Thank you for reading
And that is why you need back ups.
We also want to change the banking system since it is operated only for their purpose and not for the public.
If you could see names at mutual funds and equities you will find out that mostly they are banks and corporations only.
They get richer from our money and they even take more when we are using loans.
Is that fair?
Then just .01 percent annually will go back to you once you keep your money to them.
Yes you are safe but for what expense?
To make the poor dead with starvation?
We also want to change the banking system since it is operated only for their purpose and not for the public.
If you could see names at mutual funds and equities you will find out that mostly they are banks and corporations only.
They get richer from our money and they even take more when we are using loans.
Is that fair?
Then just .01 percent annually will go back to you once you keep your money to them.
Yes you are safe but for what expense?
To make the poor dead with starvation?
Voting has ended.
Thank you for adding your replys
Thank you for adding your replys
While it is rather difficult to say whether we need a cryptocurrency bank or not. Everything will ultimately determine demand. We must first see what services and how these banks will provide. Such banks should begin their work and prove the necessity and convenience of the services provided. If services are in demand, then such banks will exist, and if not, they will go bankrupt. These are the laws of business and market.
I don't care about crypto currencies banks
Bitcoin appear to be banks alternative
However i very much support idea of Fintech services
I want minimum possible KYC .easy low cost both way crypto/fiat exchange ,cards and my personal data protected by blockchain
Bitcoin appear to be banks alternative
However i very much support idea of Fintech services
I want minimum possible KYC .easy low cost both way crypto/fiat exchange ,cards and my personal data protected by blockchain
Makes no sense. One of the factors that motivated Satoshi was the idea of creating a currency that can be kept outside the control of the banks. And the advantage with BTC is that you can store the currency on your own. You don't need a bank account for that purpose. And for trading, you have thousands of crypto-exchanges out there, both regulated and unregulated.
I am one of them that support cryptocurrency banks.
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Why I supposed is because not all cryptocurrency uses can store there cryptocurrency safely and need support.
Most people don’t know about cryptocurrency wallets or have never used cryptocurrency but want to know more.
Most people who doesn't know about wallet cryptocurrency are ordinary people who are new to cryptocurrency and they haven't interested yet to buy it, but if they have understood about cryptocurrency and they intend to buy cryptocurrency then I believe wallet is one important factor they should know. Like you have money but you don't know about a pocket book, it is really strange for me.
Most important factor here is if you have a lot of cryptocurrency and store on a ledge or pc what would happen if something goes wrong. Like the Canadian cryptocurrency exchange where the owner dead and investors lost there crypto because he was the only one with access to the legal.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
If this was stored in a bank and was in control of cryptocurrency bank manager then this would have been avoided.
Something goes wrong will also come to bank without you knowing it. Is there any guarantee from the banks that makes me sure the assets that I have are safe? I guess not, they have a gap also for things that are not desirable. Cryptocurrency has taught me to be myself, as much as possible I try hard to dodge some parties to manage my asset.
Jump to: