That is a good idea that we have some banks for our bitcoin and we will save them at there it will guarantee that our bitcoins will be secured at these places but keep in mind one thing that the fees of these banks will be much higher for storing and for transactions etc.
But if banks will adopt bitcoin then they will give support to bitcoin and bitcoin will be more trusted all over the world and bitcoin will be a more powerful currency in the world and people will consider it a more reliable currency. 
Topic: Do you agree with idea "Bitcoin bank" ? - page 108. (Read 142276 times)
That is a good idea that we have some banks for our bitcoin and we will save them at there it will guarantee that our bitcoins will be secured at these places but keep in mind one thing that the fees of these banks will be much higher for storing and for transactions etc.
I do not see much of a difference, but I do not trust banks anyway therefore I prefer to keep all my money myself 
Keeping your money by yourself has a greater chance being stolen than inside a bank, even if you put it inside a safe/vault with experienced robbers it won't be any problem with them, also why not trust banks? They don't still hour money anyway they just decrease its value over time. In my experience, banks often set huge taxes on a wide range of things starting from "SMS fee" to the horrible fee of international bank transfer. In BTC, I know that I benefit from the fee that I pay because it will be used on executing the transaction and there are no additional fees.
In my case I can only make use of 30 SMS notifications per month. If I want to expand that service, it will cost me €5 per month. Insanely high price of course, but I haven't used that service so far.
International bank transfers are slow and costly, but that's the reason for me to use Bitcoin instead of a bank.
The only negative point is that your transaction may end up losing some value in the meantime as result of the volatile nature of Bitcoin. But you have to accept that risk when sending money in form of Bitcoin.
I do not see much of a difference, but I do not trust banks anyway therefore I prefer to keep all my money myself
Keeping your money by yourself has a greater chance being stolen than inside a bank, even if you put it inside a safe/vault with experienced robbers it won't be any problem with them, also why not trust banks? They don't still hour money anyway they just decrease its value over time. In my experience, banks often set huge taxes on a wide range of things starting from "SMS fee" to the horrible fee of international bank transfer. In BTC, I know that I benefit from the fee that I pay because it will be used on executing the transaction and there are no additional fees.
no i do not agree with this i belive if banks came into bitcoin then it will slow down the whole system even more + it will ruin the privacy related stuff indirectly. banks have some rules which are not sutable with btc anyway
I do not see much of a difference, but I do not trust banks anyway therefore I prefer to keep all my money myself
Keeping your money by yourself has a greater chance being stolen than inside a bank, even if you put it inside a safe/vault with experienced robbers it won't be any problem with them, also why not trust banks? They don't still hour money anyway they just decrease its value over time. In my experience, banks often set huge taxes on a wide range of things starting from "SMS fee" to the horrible fee of international bank transfer. In BTC, I know that I benefit from the fee that I pay because it will be used on executing the transaction and there are no additional fees.
In my case I can only make use of 30 SMS notifications per month. If I want to expand that service, it will cost me €5 per month. Insanely high price of course, but I haven't used that service so far.
International bank transfers are slow and costly, but that's the reason for me to use Bitcoin instead of a bank.
The only negative point is that your transaction may end up losing some value in the meantime as result of the volatile nature of Bitcoin. But you have to accept that risk when sending money in form of Bitcoin.
bitcoin bank is good because there is many country they can not use bitcoin and they do not about bitcoin if bitcoin bank come in anywhere then bitcoin will be more useful in anywhere for any transaction so bitcoin bank is good for bitcoin.
Probably having bitcoin banks would improve it's usage and encourage more people to join the revolution. Hopefully this would be the case.
if bitcoin bank appear the bitcoin will be more get popular and then i hope more people will be start to use bitcoin and then they can be easily use their bitcoin .
Nope. "Bitcoin banks", or just an exchange expanding its service by offering 'bank like' features, will not encourage people to start using their coins, or to jump into Bitcoin. It's a pointless thought. Especially when you consider that people are only interested in a so called Bitcoin bank, because it will allow them to generate interest. It's a financial benefit motive.
And if a so called Bitcoin bank will become reality, it will not even be close to what regular fiat banks are. It will just be a service that has been started up by someone thinking to have found a great and profitable business. The actual importance of this is zero. It's only important in the minds of rookies.
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.
In my opinion, I dont really believe that bitcoin banks are a good idea. The main attribute of bitcoin is that it is decentralized, so creating banks for it would be counterintuitive.So, i would like to find out the percentage of user who agreed with this idea.
However I do believe that making banks for bitcoin would attract a wider range of consumers to bitcoin that previosly did not want to join
I agree with your second point. Probably having bitcoin banks would improve it's usage and encourage more people to join the revolution. Hopefully this would be the case.
But that is quite risky for all the consumers and as well as the bank itself because they don't have power to control the price flow of bitcoin so if you are going to think about it, bitcoins in bank are some kinda not really their job. Just leave it to those online exchange and let them work for it, and banks are just for fiat, cash and loans.
What i feel about bitcoin bank is that it's like gringotts bank. lol. harry potter reference here. But on a serious note, it's a good idea somehow if it is really established but I guess some might get really greedy and be evil like steal their bitcoins, you know.
it is not just about trust and them not stealing your bitcoins. there may someday be a 100% trusted place where you can call bitcoin bank and fully trust. it is not making it any good though!
because it is about the fact that a bank is making things centralized again, and this is what we are trying to avoid in bitcoin. as long as you can have your own wallet and become your own bank there is absolutely no need for a bitcoin bank.
What i feel about bitcoin bank is that it's like gringotts bank. lol. harry potter reference here. But on a serious note, it's a good idea somehow if it is really established but I guess some might get really greedy and be evil like steal their bitcoins, you know.
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.
In my opinion, I dont really believe that bitcoin banks are a good idea. The main attribute of bitcoin is that it is decentralized, so creating banks for it would be counterintuitive.So, i would like to find out the percentage of user who agreed with this idea.
However I do believe that making banks for bitcoin would attract a wider range of consumers to bitcoin that previosly did not want to join
I agree with your second point. Probably having bitcoin banks would improve it's usage and encourage more people to join the revolution. Hopefully this would be the case.
But that is quite risky for all the consumers and as well as the bank itself because they don't have power to control the price flow of bitcoin so if you are going to think about it, bitcoins in bank are some kinda not really their job. Just leave it to those online exchange and let them work for it, and banks are just for fiat, cash and loans.
Yeah i agree that banks have no control over the price flow of bitcoin and it's more safe for us to keep our bitcoins ourselves to avoid other fees imposed by those banks. Having bitcoins in a bank is somehow promoting bitcoins itself to all people and could be an encouraging move for all to join the trend in bitcoin.
I also do not agree with the idea of a Bitcoin bank as it is against the very foundation of why we have Bitcoin in the first place. Anyway, we can be seeing many banks in the future to be issuing their own cryptocurrencies too...the question is: Should we patronize cryptos issued by banks?
If a bank offers their own crypto we must not use it, if you think they have a great control already imagine what they could do with their own blockchain and crypto currency. I do not see much of a difference, but I do not trust banks anyway therefore I prefer to keep all my money myself
Keeping your money by yourself has a greater chance being stolen than inside a bank, even if you put it inside a safe/vault with experienced robbers it won't be any problem with them, also why not trust banks? They don't still hour money anyway they just decrease its value over time. In my experience, banks often set huge taxes on a wide range of things starting from "SMS fee" to the horrible fee of international bank transfer. In BTC, I know that I benefit from the fee that I pay because it will be used on executing the transaction and there are no additional fees.
In my case I can only make use of 30 SMS notifications per month. If I want to expand that service, it will cost me €5 per month. Insanely high price of course, but I haven't used that service so far.
International bank transfers are slow and costly, but that's the reason for me to use Bitcoin instead of a bank.
The only negative point is that your transaction may end up losing some value in the meantime as result of the volatile nature of Bitcoin. But you have to accept that risk when sending money in form of Bitcoin.
I do not see much of a difference, but I do not trust banks anyway therefore I prefer to keep all my money myself
Keeping your money by yourself has a greater chance being stolen than inside a bank, even if you put it inside a safe/vault with experienced robbers it won't be any problem with them, also why not trust banks? They don't still hour money anyway they just decrease its value over time. In my experience, banks often set huge taxes on a wide range of things starting from "SMS fee" to the horrible fee of international bank transfer. In BTC, I know that I benefit from the fee that I pay because it will be used on executing the transaction and there are no additional fees.
Sorry I mean a mining pool that pays out in BTC so they have a bitcoin wallet and many addresses. just another user that uses bitcoin
They would probably have control on the coins we put their if they really starts a service like this because without that they wont get anything for doing this, governments or authorities mostly do the things that can be of their profit but not for the sake of people.
The best way is renting a safe lock and putting your paper wallet there, so no one will have access to your money and at the same time will be safe because it's on a bank, well everything is about how much you have, I prefer dig a hole in my garden and bury the paper wallet there.
Your definition of bitcoin bank for some kind of "pool" must be mistaken as a pool is often used in " mutual funds" in which a fund manager handles the pool of money in which they invest it in money-market instruments, which in the Bitcoin world is other cryptocurrencies. But remember even though it is handles by a professional the chance of losing money is still there.
If the bitcoin bank is another user like a pool or exchange with multiple sub-users and many addresses etc. no problem. if they say they have control of blockchain with their own miners then it's not bitcoin but bankcoin. like e-coin on Mr Robot TV show. (E-Corp controls it)
They would probably have control on the coins we put their if they really starts a service like this because without that they wont get anything for doing this, governments or authorities mostly do the things that can be of their profit but not for the sake of people.
The best way is renting a safe lock and putting your paper wallet there, so no one will have access to your money and at the same time will be safe because it's on a bank, well everything is about how much you have, I prefer dig a hole in my garden and bury the paper wallet there.
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.
In my opinion, I dont really believe that bitcoin banks are a good idea. The main attribute of bitcoin is that it is decentralized, so creating banks for it would be counterintuitive.So, i would like to find out the percentage of user who agreed with this idea.
However I do believe that making banks for bitcoin would attract a wider range of consumers to bitcoin that previosly did not want to join
Most people wants security and having a bitcoin bank will solve that problem. It will make those people that are too afraid to get hacked invest in bitcoin. But the real problem is, how trusted is this bitcoin bank? A bitcoin bank would be holding thousands of bitcoins eventually, and that's a good point for the owner to run away.
I think you should just trust yourself in bitcoin. Enable 2FA and all the other security features that your bitcoin wallet has and you'll be safe. You don't have to trust another guy or another company to make your bitcoins safe.
banks would be still useless though because there are lots of wallets out there that could able to use without needing a bank because we could somehow assure ourselves that our bitcoin on our possesion is safe compare on putting up into a bank and as you said the risk of lossing those bitcoins is there because the owner might be got tempted to get those bitcoins.
Yes having banks is actually pointless in that view. But, what if, the banks would be the persuasive power that would skyrocket bitcoins to the level of fiat money? Banks might be the solution to change the view of the public about bitcoins. Well, who knows.
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.
In my opinion, I dont really believe that bitcoin banks are a good idea. The main attribute of bitcoin is that it is decentralized, so creating banks for it would be counterintuitive.So, i would like to find out the percentage of user who agreed with this idea.
However I do believe that making banks for bitcoin would attract a wider range of consumers to bitcoin that previosly did not want to join
Most people wants security and having a bitcoin bank will solve that problem. It will make those people that are too afraid to get hacked invest in bitcoin. But the real problem is, how trusted is this bitcoin bank? A bitcoin bank would be holding thousands of bitcoins eventually, and that's a good point for the owner to run away.
I think you should just trust yourself in bitcoin. Enable 2FA and all the other security features that your bitcoin wallet has and you'll be safe. You don't have to trust another guy or another company to make your bitcoins safe.
banks would be still useless though because there are lots of wallets out there that could able to use without needing a bank because we could somehow assure ourselves that our bitcoin on our possesion is safe compare on putting up into a bank and as you said the risk of lossing those bitcoins is there because the owner might be got tempted to get those bitcoins.
I must agree with this idea bitcoin bank because i can use it for saving digital currency to my wallet, it serves as money security for me. Putting my earned digital currency to my wallet using a bitcoin i feel very secured with its way of personal mail confirmation first before cashing out you converted digital currency to your country currency. Not like with the traditional bank its inconvenient to me because you have to sign a lot of documents in order to process cash withdrawal. Being a busy person i prefer to choose this bitcoin as bridge towards my online wallet which serves as a bank for me, its up to other people who doesn't recognize it we have our own freedom to choose with.
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.
In my opinion, I dont really believe that bitcoin banks are a good idea. The main attribute of bitcoin is that it is decentralized, so creating banks for it would be counterintuitive.So, i would like to find out the percentage of user who agreed with this idea.
However I do believe that making banks for bitcoin would attract a wider range of consumers to bitcoin that previosly did not want to join
Most people wants security and having a bitcoin bank will solve that problem. It will make those people that are too afraid to get hacked invest in bitcoin. But the real problem is, how trusted is this bitcoin bank? A bitcoin bank would be holding thousands of bitcoins eventually, and that's a good point for the owner to run away.
I think you should just trust yourself in bitcoin. Enable 2FA and all the other security features that your bitcoin wallet has and you'll be safe. You don't have to trust another guy or another company to make your bitcoins safe.
banks would be still useless though because there are lots of wallets out there that could able to use without needing a bank because we could somehow assure ourselves that our bitcoin on our possesion is safe compare on putting up into a bank and as you said the risk of lossing those bitcoins is there because the owner might be got tempted to get those bitcoins.
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.
In my opinion, I dont really believe that bitcoin banks are a good idea. The main attribute of bitcoin is that it is decentralized, so creating banks for it would be counterintuitive.So, i would like to find out the percentage of user who agreed with this idea.
However I do believe that making banks for bitcoin would attract a wider range of consumers to bitcoin that previosly did not want to join
Most people wants security and having a bitcoin bank will solve that problem. It will make those people that are too afraid to get hacked invest in bitcoin. But the real problem is, how trusted is this bitcoin bank? A bitcoin bank would be holding thousands of bitcoins eventually, and that's a good point for the owner to run away.
I think you should just trust yourself in bitcoin. Enable 2FA and all the other security features that your bitcoin wallet has and you'll be safe. You don't have to trust another guy or another company to make your bitcoins safe.
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