Topic: Build a Bank Of Bitcoin - page 10. (Read 26506 times)
Traditional remittance methods are relatively expensive due to currency exchange fees and may take up to several days. If your bank can meet the payments that operate independently of where your customers are located. Via the internet, this service is very, very fast and the fee is extremely low. I believe you will succeed
I think that is a good idea. I mean banks actually take our money and reinvest it on something else. Making our initial deposit grow. We can also loan Bitcoin and we also have to pay an amount eith interest. I guess what I'm trying to say is that, I'm really.on the fence on this. I mean we hated banks because of these things and now we want to make one.
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Decentralization - this is why we love bitcoin. You can write smart contact for it and fully automate it. 
We don't need bank, we hate high interest and slow processes. Bitcoin don't need physical bank, we store our bitcoin wherever we want with full control of transactions.
Altcoin's goal is to actually remove banks all over the world. And this idea with be contradicting to what bitcoin's goal really is.
It would be better if we will just keep our earned bitcoin on our e wallet just to make sure it is safest. When we have banks on bitcoin we are obliged to pay fees and taxes and we should anticipate negative feedbacks on it since many are still against in this cryptocurrency.
I think most would find it hard to trust in the beginning until it had been up and running for a while. Most of us don't trust leaving large amounts on exchanges and are worried of the what if scenario.
Maybe a Bank exchange for Bitcoin, were a much lower transaction fee compare to cardless ATM and a much lower tax as I exchange Bitcoin to fiat. Maybe a type of Bitcoin Bank like that would be great.
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
It seems a good idea, but pulling it off would be an entirely difficult and complicated process. Trust and
Security will always an issue, what if your bank gets hacked? Cryptocurrency resides and depends on
the connectivity of the world wide web, hackers are pretty good with their craft. A bitcoin bank sounds
like fish food for the sharks in deep waters to me, you will be targeted, a favorite even to hacks and
exploits. I think the idea is great, we all want out bitcoins safe and secured. I'm open to this and
well see.
I think it's already impractical to build a bitcoin bank where you can store your bitcoin because we already have bitcoin wallets. I can cash-out or cash-in an amount anytime of the day without going to the bank anymore.
The idea of bitcoin is pretty good. However, it is very difficult to do so.
1. bitcoin difficult to control.
2. It is difficult to identify collateral
3. Bitcoin prices are volatile, so people want to make a loan with it.
1. bitcoin difficult to control.
2. It is difficult to identify collateral
3. Bitcoin prices are volatile, so people want to make a loan with it.
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
ofcourse no one will trust you to put their crypto asset,because you have proven nothing in this forum so expect no clients lol..but kidding aside this idea is good but will surely will hard to operate since you will be needing more than a million trust for the members to entrust crypto coins towards your service
If I make a bank that operates both the traditional fiat money bank.where people can accumulate a lot of money and get interest for their savings and also people can get a loan from the bank but fiat money will change for bitcoin .the question is would you guys believe in us to save a bitcoin bank .this is what I want to build a bitcoin as well a good management system competitive interest really definitely people and believed it .
i think people now a days had so much fear for getting hacked. So I guess it's is really hard no matter how sincere and pure our thoughts and plans are in receiving bitcoins. We know there is nothing wrong about banks. It is just the same as you place your paper money on the bank. The problem with this banks that are for cryptocurrencies is the anonymity of the user and that the accounts balances can be easily transferred to an address no one knows of. I think it will be so hard for you not unless you'd be adding more security implementations like KYC, biometric withdrawal system, etc.
Hi mate have a good day, I'm just wonder why you did not promote our "DATARIUS CRYPTOBANK" of this thread, as I listen the video it is very clear that they will be using blockchain technology,and accepting service of transfer from fiat money to crypto then crypto to fiat,
and more services offer.
But maybe you'll stand by your own, even you have a DATARIUS CRYPTOBANK under your name. Perhaps it's not necessarily.
It is better that bitcoin has it's own bank it is a way to easiest transaction will do. Bitcoin has it's own capabilities. The opportunity that bitcoin has is really different from the other. Aside from that it is easy to exchange from virtual money to fiat money.
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
I can trust you, is not bitcoin using blockchain technology? that means allows all transactions recorded in the blockchain ledger. so everything will be safe and more transparent.
Bitcoin has been recognized by more and more people.
Skandiabanken, Norway's largest online bank, recently announced plans to introduce bank accounts and a network of encrypted virtual currency accounts to customers.
Although some people may think that the move is purely a traditional bank embrace BTC move, but in fact, it also heralds a new evolution - encrypted currencies will start to appear in the financial technology on the larger stage.
Skandiabanken, Norway's largest online bank, recently announced plans to introduce bank accounts and a network of encrypted virtual currency accounts to customers.
Although some people may think that the move is purely a traditional bank embrace BTC move, but in fact, it also heralds a new evolution - encrypted currencies will start to appear in the financial technology on the larger stage.
i think people now a days had so much fear for getting hacked. So I guess it's is really hard no matter how sincere and pure our thoughts and plans are in receiving bitcoins. We know there is nothing wrong about banks. It is just the same as you place your paper money on the bank. The problem with this banks that are for cryptocurrencies is the anonymity of the user and that the accounts balances can be easily transferred to an address no one knows of. I think it will be so hard for you not unless you'd be adding more security implementations like KYC, biometric withdrawal system, etc.
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
For me, having a bank for bitcoin is not necessary. We already have our own secured wallet. If we want to gain a profit, we can also still manage to do it. Having a third party for our bitcoin maybe is just a hassle in our part and on the other party also. This is just my idea. 
We not need Bank to control Bitcoin. Bitcoin was created as own bank, we can manages our financial our self without 3rd party intervention. As this similar condition, such as I will not advise to saving Bitcoin on exchanges wallet as regular wallet, exchanges wallet are for trading wallet only, your regular wallet should be better using hard wallet or computer wallet that has privates key.
Jump to: