Yes! You are right! Creation of Bitcoin Bank means a regulation on Bitcoin, paying taxes on your Bitcoin, showing them in Balance Sheet of concern, diluting the concept of anonymity and decentralization, giving Government and Banks control over your bitcoins.
This is not for what Bitcoin was invented! Isn't it?
LOL yeah i agree. It contradicts everything that btc stands for. And im not really sure how they plan to do it if ever there are any. Or how the procedure or terms would be. This is a freaking illusion i think which is a bit far from reality
Disagree all you want but there would be legit bitcoin banks. Those banks would be the very same banks that we have right now. They would only add bitcoin on their currency. You're asking why would they do that? To adopt the situation. It would be too hard for the government to ban bitcoins so they would just accept it instead once it goes mainstream.
A bitcoin bank would be the same thing as a fiat bank. Only difference is that the currency would be in bitcoin form. I don't know why are you guys trying to make a bitcoin bank so different from a fiat bank.
It might disagree with the purpose of bitcoin but whatever, there would still be people using bitcoin banks just to feel much more secure about their bitcoins.