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Topic: Bitcoin wallet in bank? - page 6. (Read 6916 times)

legendary
Activity: 1134
Merit: 1598
September 25, 2016, 12:46:52 PM
#92
No, banks never liked anonymity so Bitcoin is like their enemy. Bitcoin cannot be taxed, Bitcoin is very very hard to be tracked. Maybe there will be an Bitcoin institution one day, like a bank just for Bitcoin where you can open your own wallet, and have ATMs everywhere around you. That'd be nice.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
September 25, 2016, 12:40:51 PM
#91
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.

If this give benefit to both bitcoin wallet and bank, why not ? I'm sure bitcoin wallet in bank is really good idea, many people will use it for sure, because it's more safe to place your bitcoins at the bank.

It is not going to happen either that banks are going to make service for bitcoins. because they are seeing it already as a threat to their business. But if they are going to have good and knowledgeable manager for sure they are going to suggest this to their investors and as well as at the same time you are going to earn higher too.
I think here in my country they are already business partner bitcoin and banks.. they are perfect couple because you can anytime withdraw your earnings into bitcoin unlike before that we need a buyer or exchange site to sell our bitcoins before you can send the payment to western it takes a long time before you can get unlike instant..
hero member
Activity: 1008
Merit: 540
September 25, 2016, 07:45:10 AM
#90
There are allot of ways to store your bitcoins but i dont think banks where you store your money dont want to accept the bitcoin also because the have nothing to do with bitcoins and they are not really popular by the authorities.
banks are easy to use like bitcoin wallet does and it has more future than bitcoin , you can loan item or installement item using bank accounts but bitcoin does not i think banks are more reliable than bitcoin and has more potential to grow than bitcoin if bitcoin will accepted on market or we could use it to pay online then i will choose bitcoin
hero member
Activity: 658
Merit: 500
September 25, 2016, 07:40:10 AM
#89
in present time i think there is not a sing bank where they accept bitcoin and have wallet for bitcoin but i am hopeful that a time will come when we will be really use banks for bitcoins withdrawal or bitcoin deposits.
although I wanted that to happen but I think it would have sounded impossible to occur. when you can use bitcoin bank and simultaneously because of the existence of a relationship, there may be no exchange sites anymore, because you can easily withdraw to the bank.
sr. member
Activity: 2030
Merit: 323
September 25, 2016, 07:00:45 AM
#88
Bitcoin wallet is already a lot better than banking account, you can hold your coins and making your deals without having to pay monthly or yearly taxes and fees.

Most bank accounts have low/ no fees. And they also pay interest.
Plus they are insured (to a certain extent) against losses.  Wink
The interest rates that banks are paying world wide is almost nothing when comparing against the returns we could get from bitcoin investments. Moreover in some countries, banks are having negative interest rate.

Even banks are having insurance for our savings/investment, bitcoin is more safer than banks as it is highly protected against robbery/hacking if we follow proper measurements.
sr. member
Activity: 420
Merit: 250
September 24, 2016, 08:37:06 PM
#87
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.

If this give benefit to both bitcoin wallet and bank, why not ? I'm sure bitcoin wallet in bank is really good idea, many people will use it for sure, because it's more safe to place your bitcoins at the bank.
legendary
Activity: 1246
Merit: 1000
September 24, 2016, 08:30:34 PM
#86
Bitcoin wallet is already a lot better than banking account, you can hold your coins and making your deals without having to pay monthly or yearly taxes and fees.

Most bank accounts have low/ no fees. And they also pay interest.
Plus they are insured (to a certain extent) against losses.  Wink
hero member
Activity: 672
Merit: 500
September 24, 2016, 06:53:46 PM
#85
Bitcoin wallet is already a lot better than banking account, you can hold your coins and making your deals without having to pay monthly or yearly taxes and fees.
sr. member
Activity: 266
Merit: 250
September 24, 2016, 06:31:42 PM
#84
Bitcoin wallet and keys in a private vault in the bank - absolutely possible. But whenever I need to sell my coins, I need to go to the bank's vault, go through security checks, scan the keys, do the transaction, then put the keys back into the vault again.

Unless I have 1000 BTCs, I won't do that.
hero member
Activity: 756
Merit: 501
September 24, 2016, 06:30:04 PM
#83
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.

I think it is because of the scams that are happening. We tend to go back to those industries that serves for protecting your money and those are banks. With its history of being a good storage place, some thinks it will be better there. Problem is there is no physical thing is seen with bitcoon.

The banks has a limit protection to your account as well, as i know and there are already several wallets providers that allow each of us to save and protect the coins. I really dont see why i should trust my bitcoin into the bank and became dependent from rules of banks and countries again. And scams will steal your coins only if you dont care about the security of your coins.
hero member
Activity: 742
Merit: 500
September 24, 2016, 06:29:48 PM
#82
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.
thats true, it is really cool that we dont need banks when using bitcoins, i think that bitcoin wallet is the best

Bitcoin is already decentralized currency, so basically we don't need banking accounts when we use it, unless if you need to convert your bitcoins into fiat .
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 24, 2016, 06:24:44 PM
#81
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.
thats true, it is really cool that we dont need banks when using bitcoins, i think that bitcoin wallet is the best
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
September 24, 2016, 03:43:41 PM
#80
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.

I think it is because of the scams that are happening. We tend to go back to those industries that serves for protecting your money and those are banks. With its history of being a good storage place, some thinks it will be better there. Problem is there is no physical thing is seen with bitcoon.
full member
Activity: 136
Merit: 100
September 24, 2016, 01:34:56 PM
#79
Why you need to complicate things alot and what is the need to do that.Bitcoin wallet doesnt need a bank because because are not like paper money or they are not physical currency.Bitcoin wallet is itself like a bank of bitcoin and i dont see that ever happen.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 24, 2016, 01:27:25 PM
#78
Two weeks ago a Dutch bank posted on their website that it was going to release it's own bitcoin wallet, running within the normal client banking environment.
They quickly took down the page, claiming it was an experimental idea from a few years earlier.

Personally, I don't want it. The whole point of bitcoin is being in control. I'd love to have more financial services without banks, stocks for example.
I've been thinking about "stockchain" for a while. Wouldn't it be great if a company sells stocks, but instead of buying them through banks/brokers, you buy them on a blockchain. Just keep the wallet or your private key long term, or you can sell them, give them away, pay with them, or even gamble with stocks directly.
A blockchain ETF with very low cost could have amazing possibilities. I should create a topic for this Smiley
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
September 24, 2016, 01:17:08 PM
#77
Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

I think it unlikely that banks accept deposit bitcoin someday.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
September 23, 2016, 10:47:00 PM
#76
Bank might have idea to do that in future, but i think it'll be massive failure.
Only few people who would use centralized wallet these days, so i doubt there'll even less people who would use bitcoin wallet in bank.

I think they only can offer instant bitcoin sell/buy and use blockchain technology.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
September 24, 2016, 01:29:51 AM
#76
Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

according to threads and post I read on this forum, banks will not support bitcoin because bitcoin system is far different from bank system. so people just say that probably banks will create their own coins, but I didn't see what their efforts to create coins yet. imo
hero member
Activity: 1092
Merit: 500
September 23, 2016, 10:35:44 PM
#75
We don't need bank from bitcoin, as long as the decentralization of bitcoin is existing. Because once bitcoin is being at-touch with the bank it is no longer a good idea at all. The meaning of bitcoin will be change at once.
hero member
Activity: 966
Merit: 506
September 23, 2016, 10:10:23 PM
#74
Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

I really don’t believe in this story. The decentralization of crypto currency is a strong opposition to the current banking system.
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