Do you agree with idea "Bitcoin bank" ? - page 101.

Yutikas_11920

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Quote from: Rinder on November 29, 2016, 04:49:29 PM

No, bitcoin bank could easy scam their investors coins, besides that have a bitcoin bank will centralize bitcoins that goes against the bitcoin itself, people does consider this because they wanna to get some interest in their coins like we are able to get with fiat, with our savings. But there is exchanges providing already those interest, even not being the best rates taking into consideration that crypto has a huge volatility.

Yeah, I think the bitcoin bank is not something thing that is sought after by all users of the bitcoin. Because everyone using bitcoin is those who do not want to use the bank as a storage area or they want to manage their money in their own way without any intervention of the other party and the fee really torturing them. So this is something that is not good concepts for use by all users of the bitcoin, because of its nature which may be less suitable for them all

Rinder

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No, bitcoin bank could easy scam their investors coins, besides that have a bitcoin bank will centralize bitcoins that goes against the bitcoin itself, people does consider this because they wanna to get some interest in their coins like we are able to get with fiat, with our savings. But there is exchanges providing already those interest, even not being the best rates taking into consideration that crypto has a huge volatility.

BingoDog

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Bitcoin bank could contribute to bitcoin popularization in.one way but some users would probably be against this idea because bank means kind of control and centralization. But if Bitcoin bank would exist this would mean more available services to Bitcoin users and even more competition to fiat.

Westfiled

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Quote from: hilmanaaldi on November 29, 2016, 02:40:44 AM

I think bitcoin bank was very useful, because many bitcoin users in the world. I think it would be very useful, but the problem is there are still many countries in the world that prohibits the use bitcoin, so maybe this will hamper their bitcoin bank.

Not many countries will prohibit the usage of the bitcoin. The bitcoin is recognized as currency in several countries.

hilmanaaldi

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I think bitcoin bank was very useful, because many bitcoin users in the world. I think it would be very useful, but the problem is there are still many countries in the world that prohibits the use bitcoin, so maybe this will hamper their bitcoin bank.

19Nov16

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I think this is a good move, with the existence of bank bitcoin certainly can add users rapidly and significantly. In addition of course to make the Government consider the use of the bitcoin.

mkmdoc

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VIMee - Social Network

Bitcoin bank is really amazing idea because it will have more secured features, because many government will install these new technology for future growth of digital currency. But the problem once banks installs these feature definitely there will be much higher transaction fees. But it will be good to have a bitcoin banks.

kidoseagle0312

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Quote from: pedrog on October 18, 2016, 12:00:14 PM

Quote from: ABCbits on October 18, 2016, 11:51:47 AM

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card.

Xapo, Coinbase and Circle, they are all "bitcoin banks", if someone doesn't like them, they don't have to use them...

If xapo, coinbase, and circle are bitcoin banks, does it means that our bitcoin there is no longer decentralized. As far as I know once it is decentralized nobody can hold your bitcoin,.Sounds stupid, sorry for the terms.

Senja Kemuning

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with the existence of bitcoin bank thus will make the bitcoin currency equal to the ordinary, transaction costs will be high and we will always be subject to the bank's working hours, with the queue and so on.

Xester

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Quote from: agamasrori on November 28, 2016, 06:32:55 PM

Quote from: anasis on November 28, 2016, 05:17:28 PM

Quote from: SmirnoffVany on November 28, 2016, 02:44:42 PM

Only one question will be, and who will monitor the Bitcoin banks. If users currently have privacy, then what will happen next.

If Bitcoin in the future banks will be radically different from the operating banks, then they win an order of magnitude greater. Only it seems to me suffer the anonymity of the accounts.

Anonimity is good but the most important thing is the decentralization. Bitcoin bank only make another centralization that will monopolize bitcoin. Big capital is one of power that can make change the economies to be good or bad.

Bitcoin banks is not really a bad idea. On this day the online wallets that we such as blockchain.info, coinbase and others are also like banks where we store our bitcoins. There are also sites that loan bitcoin with interest. With this at hand the idea of a bitcoin bank is already started to exist. Decentralization is still present even though there is bitcoin banks. The difference with real banks is that your bitcoins value does not stay the same it is volatile and depends on the dictate of market value.

agamasrori

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Quote from: anasis on November 28, 2016, 05:17:28 PM

Quote from: SmirnoffVany on November 28, 2016, 02:44:42 PM

Only one question will be, and who will monitor the Bitcoin banks. If users currently have privacy, then what will happen next.

If Bitcoin in the future banks will be radically different from the operating banks, then they win an order of magnitude greater. Only it seems to me suffer the anonymity of the accounts.

Anonimity is good but the most important thing is the decentralization. Bitcoin bank only make another centralization that will monopolize bitcoin. Big capital is one of power that can make change the economies to be good or bad.

Narosya

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I think that bitcoins are not justified the hopes that they vozlagali.odnako I believe that this technology still has a great future. Bitcoins first sold for just 0.3 cents. In autumn 2013 a bitcoin was already 1.2 thousand dollars. Soon, however, he started the collapse of Bitcoin. But as with the whole matter is about $ 700 goes up.

anasis

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Quote from: SmirnoffVany on November 28, 2016, 02:44:42 PM

Only one question will be, and who will monitor the Bitcoin banks. If users currently have privacy, then what will happen next.

If Bitcoin in the future banks will be radically different from the operating banks, then they win an order of magnitude greater. Only it seems to me suffer the anonymity of the accounts.

maister77777

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Quote from: mogrith on November 22, 2016, 02:47:55 PM

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In different countries cryptocurrency interested mainly young businessmen and activists of various political movements. But for the majority of citizens remains a mystery, what is Bitcoin. Therefore, the bank is talking very early.

SmirnoffVany

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Only one question will be, and who will monitor the Bitcoin banks. If users currently have privacy, then what will happen next.

one-day0

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Quote from: buwaytress on November 27, 2016, 04:57:04 PM

Perhaps the question needed to specify a few traits of this Bitcoin bank envisioned. Pretty clear from the responses that most people are somewhat averse to the idea of a bitcoin bank that resembles traditional financial banks but if a bitcoin bank can take on services and products that bitcoin users need and cannot find a service provider, then why not?

Unless I'm mistaken the very first banks were there for you to pool all your money together to put out loans to others. Banks did due diligence very well and chased on repayments and helped invest that money. There are similar services online but providers do not yet afford the same level of KYC that banks do.

Today cryptocurrency officially recognized by a number of American and European regulators and financial institutions as well as banks and online merchants in some other regions, is traded on the stock exchanges and is a common means of payment in an online environment. Therefore, even quite likely nonsense idea of Bitcoin bank.

buwaytress

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Join the world-leading crypto sportsbook NOW!

Perhaps the question needed to specify a few traits of this Bitcoin bank envisioned. Pretty clear from the responses that most people are somewhat averse to the idea of a bitcoin bank that resembles traditional financial banks but if a bitcoin bank can take on services and products that bitcoin users need and cannot find a service provider, then why not?

Unless I'm mistaken the very first banks were there for you to pool all your money together to put out loans to others. Banks did due diligence very well and chased on repayments and helped invest that money. There are similar services online but providers do not yet afford the same level of KYC that banks do.

berserkinterbuy

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Quote from: mogrith on November 22, 2016, 02:47:55 PM

Need to trade fiat for BTC? Trade Altcoins for BTC or BTC for either back? Bitsquare is a P2P trading platform. your coins are only on your machine no exchange to get hacked or shut down keeping your stuff. TOR built in

https://bitsquare.io/
Fiat

Altcoin

Bitcoin banks already exist. And enough to function well. The only time that I heard about banks in Switzerland, they are still the first for many years providing services to users offered and Bitcoin. Privacy and anonymity is trumps Bitcoin and it can take it to the next level.

mogrith

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Use Coinbase Account almosanywhere with Shift card

Need to trade fiat for BTC? Trade Altcoins for BTC or BTC for either back? Bitsquare is a P2P trading platform. your coins are only on your machine no exchange to get hacked or shut down keeping your stuff. TOR built in

https://bitsquare.io/
Fiat

Altcoin

TechnologyExplorer

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Hello,

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