Crypto bank - page 2. | Bitcointalksearch.org

Labumi

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Quote from: TastyChillySauce00 on January 01, 2017, 04:40:35 AM

Quote from: equator on January 01, 2017, 04:23:20 AM

Quote from: davis196 on January 01, 2017, 03:08:51 AM

Quote from: Fabricus on December 27, 2016, 11:40:51 AM

Hi everyone,

I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time Wink

I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance Wink

).

I actually have two questions:

Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?

Many thanks in advance for any enlighted answer you may provide Tongue

Those questions are asked many times here and i can`t seem to find any good answers too.

I don`t know anything about "bitcoin friendly" banks.

Bitcoin is an anti-bank currency.

Bitcoin was created to get rid of Banking system, in bitcoin the users are the bank and the wallet are bank accounts, Bitcoins give freedom from heavy transaction charges, fast service and high security.

And yet people are still asking about the crypto bank or whatever which is really against the purpose of why bitcoin was created. The bank itself is centralised and against decentralised thing which bitcoin having
Actually, if the crypto bank is really going to exist then the things might work just like an exchanger where you're always trading. Your funds have the chance to be stolen

Hmm, that's a big problem if indeed what you say is true. Because we use the bitcoin not only want to earn profits, but also want to get a better security and be in control. But if indeed crypto bank had worse things than a Bank which already happens now then it will not I use and I would prefer to use the bitcoin Wallet. But I think it also depends on the theft they do a security.Hopefully it's not something that happens in the future. Because I wanted the best thing in the bitcoin

TastyChillySauce00

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Leading Crypto Sports Betting & Casino Platform

Quote from: equator on January 01, 2017, 04:23:20 AM

Quote from: davis196 on January 01, 2017, 03:08:51 AM

Quote from: Fabricus on December 27, 2016, 11:40:51 AM

Hi everyone,

I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time Wink

I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance Wink

).

I actually have two questions:

Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?

Many thanks in advance for any enlighted answer you may provide Tongue

Those questions are asked many times here and i can`t seem to find any good answers too.

I don`t know anything about "bitcoin friendly" banks.

Bitcoin is an anti-bank currency.

Bitcoin was created to get rid of Banking system, in bitcoin the users are the bank and the wallet are bank accounts, Bitcoins give freedom from heavy transaction charges, fast service and high security.

And yet people are still asking about the crypto bank or whatever which is really against the purpose of why bitcoin was created. The bank itself is centralised and against decentralised thing which bitcoin having
Actually, if the crypto bank is really going to exist then the things might work just like an exchanger where you're always trading. Your funds have the chance to be stolen

RoommateAgreement

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Activity: 770

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Bazinga!

Quote from: equator on January 01, 2017, 04:23:20 AM

Quote from: davis196 on January 01, 2017, 03:08:51 AM

-snip-

Bitcoin was created to get rid of Banking system, in bitcoin the users are the bank and the wallet are bank accounts, Bitcoins give freedom from heavy transaction charges, fast service and high security.

banks are not all bad, i am not pro banking system but when you think about it there are lots of usages that we are getting from using banks. the most famous one these days (at least in my country) is the loans.

also the fact that you keep your money in a place that is safe and gives you profit on what you keep there.

all i am saying is that in the future, a bank that offers these and some more services with bitcoin can be useful.

Elismon

newbie

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I think crypto bank must been used in near future but They need more time to build crypto rules to set up the crypto bank.
The youth generation is a big motivation to force them to change their mind for crypto bank soon.

equator

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Quote from: davis196 on January 01, 2017, 03:08:51 AM

Quote from: Fabricus on December 27, 2016, 11:40:51 AM

Hi everyone,

I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time Wink

I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance Wink

).

I actually have two questions:

Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?

Many thanks in advance for any enlighted answer you may provide Tongue

Those questions are asked many times here and i can`t seem to find any good answers too.

I don`t know anything about "bitcoin friendly" banks.

Bitcoin is an anti-bank currency.

Bitcoin was created to get rid of Banking system, in bitcoin the users are the bank and the wallet are bank accounts, Bitcoins give freedom from heavy transaction charges, fast service and high security.

Fabricus

member

Activity: 98

Merit: 16

The way is see a "crypto bank" is actually like an exchange... a centralised hub to do things in relation with the centralised system (direct debit, debit card, etc.) based on the most beautiful decentralised system / currency ;-)

judeafante

sr. member

Activity: 2254

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I'm against on any Bitcoin bank,in the first place Bitoin is for decentralization and bitcoin is not for that,they are both a contradictions but I'm interesting how will this be possible for our future use.

davis196

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Quote from: Fabricus on December 27, 2016, 11:40:51 AM

Hi everyone,

I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time Wink

I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance Wink

).

I actually have two questions:

Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?

Many thanks in advance for any enlighted answer you may provide Tongue

Those questions are asked many times here and i can`t seem to find any good answers too.

I don`t know anything about "bitcoin friendly" banks.

Bitcoin is an anti-bank currency.

Fabricus

member

Activity: 98

Merit: 16

+1 ;-)

Actually we are talking with some third party providers (banking api) and a small team of devs to digg deeper on that idea... Personally I'm doing it for me first as I'd like to get rid of banks for good but cannot right now because of mandatory insurances (car, house and mortgage) / national taxes / electricity bills / cellphone / etc. and of course the bank fees themselves...

I'm open to any suggestions / leads / ideas of course Wink

CryptoVzla

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www.thegeomadao.com

Quote from: Fabricus on December 31, 2016, 12:35:56 PM

Quote from: CryptoVzla on December 31, 2016, 12:23:34 PM

What's the point of Bitcoin Banking? Saving? Interests? Loans? Remittances? Cards? ATMs? I think all of that is now possible with Bitcoin, we just have to wait and spread the word for more bitcoin adoption..

Ultimately there is no point indeed... but right now only one thing is missing in the BTC ecosystem and it's the direct debit to pay official stuff like insurances, national taxes, etc.

I think it's matter of time, more sooner than later.. Actually that's ideas for business Grin

Fabricus

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Activity: 98

Merit: 16

Quote from: CryptoVzla on December 31, 2016, 12:23:34 PM

What's the point of Bitcoin Banking? Saving? Interests? Loans? Remittances? Cards? ATMs? I think all of that is now possible with Bitcoin, we just have to wait and spread the word for more bitcoin adoption..

Ultimately there is no point indeed... but right now only one thing is missing in the BTC ecosystem and it's the direct debit to pay official stuff like insurances, national taxes, etc.

iamTom123

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Quote from: Ayers on December 27, 2016, 12:15:28 PM

Quote from: mr.bitcoinerf11 on December 27, 2016, 12:06:47 PM

always i ask my self can banks accept bitcoin if so that will be so easy to transfer money tho

it's already very easy to transfer bitcoin you don't need a bank for that, and you also have one already which can be called an online bank for bitcoin like coinbase, the functionality is very similar, but the issue here is your personal data and your privacy

You are correct. The functions and services of a bank can now be found in online sites offering almost the same what a traditional bank does. Of course, there will always be limitations and variations but the idea is the same. I think no Bitcoin-dealing site will use the word "bank" because it is associated with the usual regulated and centralized system cryptocurrency is avoiding in the first place.

CryptoVzla

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Activity: 560

Merit: 290

www.thegeomadao.com

What's the point of Bitcoin Banking? Saving? Interests? Loans? Remittances? Cards? ATMs? I think all of that is now possible with Bitcoin, we just have to wait and spread the word for more bitcoin adoption..

Fabricus

member

Activity: 98

Merit: 16

Quote from: Xester on December 30, 2016, 11:27:38 PM

There are thousands of banks in the whole world and possibly one of them are accepting bitcoins though I am not really sure about it.

In my country there are no banks accepting bitcoin so instead we use escrow services to bridge the bank and bitçoin.

They are right in saying that crypto and bank should not go together since their transactions and coverage are not the same.

Hi Xester, when you say you are using escrow you refer to services like localbitcoin?

dihari

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Activity: 910

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Quote from: aso118 on December 31, 2016, 06:01:47 AM

Quote from: Fabricus on December 27, 2016, 11:40:51 AM

Hi everyone,

I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time Wink

I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance Wink

).

I actually have two questions:

Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?

Many thanks in advance for any enlighted answer you may provide Tongue

A lot of people in the Bitcoin space are looking for banks which are Bitcoin friendly.
A dated list and discussion on the same can be found here.
https://bitcointalksearch.org/topic/list-of-bitcoin-hostile-and-friendly-banks-264679

Well, this is a knowledge that I have to know exactly. Your questions is can be expand to "which banks are friendly with bitcoin user in europe?"
That's will be a great innovation for world banking.

iqlimasyadiqa

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This is an excellent innovation. we can make a bank guarantee bitcoin crypto that we have. some future time this will become a reality.

aso118

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Quote from: Fabricus on December 27, 2016, 11:40:51 AM

Hi everyone,

I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time Wink

I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance Wink

).

I actually have two questions:

Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?

Many thanks in advance for any enlighted answer you may provide Tongue

A lot of people in the Bitcoin space are looking for banks which are Bitcoin friendly.
A dated list and discussion on the same can be found here.
https://bitcointalksearch.org/topic/list-of-bitcoin-hostile-and-friendly-banks-264679

Xester

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There are thousands of banks in the whole world and possibly one of them are accepting bitcoins though I am not really sure about it.

In my country there are no banks accepting bitcoin so instead we use escrow services to bridge the bank and bitçoin.

They are right in saying that crypto and bank should not go together since their transactions and coverage are not the same.

Ryan Dugan

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No banking goes against how bitcoin works so this idea can never be achieved.

Quote from: theothersmith on December 28, 2016, 06:28:01 PM

Crytpo and bank should not be in the same sentnce.

Exactly ! They complete opposites.

BingoDog

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At the moment there is no bitcoin or another cryptocurrency based bank. Many people don't support this idea because they think existing of bitcoins bank would ruin it but in general I don't think this is such a bad idea because more financial bitcoin related services would be available to the users.

Topic: Crypto bank - page 2. (Read 3807 times)