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Topic: Do you agree with idea "Bitcoin bank" ? - page 116. (Read 142276 times)

hero member
Activity: 770
Merit: 500
October 24, 2016, 12:15:24 PM
If Bitcoin is decentralized, the idea of "Bitcoin bank" really a stupid thing. If not, it'll be good to have a Bitcoin bank.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
October 24, 2016, 12:12:41 PM
I dont see the point in a bitcoin bank, surly it is not going to be that hard in the future to secure your own bitcoin via apps, and be your own bank, also banks cant be trusted they will start to loan more bitcoin than they have in store and then will be back to square one.
But if you use a third party app on top of bitcoin in order to secure your coins then that is basically a bank, securing your coins right now is not that hard by following some simple principles.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
October 23, 2016, 11:54:03 PM
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.

The idea of bitcoin is removing the third party, in which, if we agree on having a bitcoin bank, then that is the third party. It also removes the anonymous part which we all love.

If theres a  bitcoin bank for sure   anonymity of  bitcoin  would  surely gone because you would really need  to  register  up your  name  when you intend to  put  up into the  bank and   when this  happens  government  would  really  try to  control  it  and could  possibly make taxes with it but as  we all know  bitcoin is  uncontrollable  by  someone  thats  why  government  would  not   let this  things to happen on building a  bitcoin bank.  These banks are  useless at all though because   there are really lots of ways  to store  your bitcoin on  private.
Totally it's not about the government because the financial of the government a lot of sourcing in the bank and I think the parties are wanna for controlling Bitcoin are the bank, but no if the banks just providing a free wallet for the bitcoiners, the another things i sure if this is will never be happened in the future.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 23, 2016, 11:51:56 PM
i am not sure about the idea of bitcoin bank, because what for the bank is build while the wallet can act like a bank for us and we can manage our bitcoin by ourself and we can keep without pays any fee in a month.
legendary
Activity: 3094
Merit: 1127
October 23, 2016, 11:48:02 PM
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.

The idea of bitcoin is removing the third party, in which, if we agree on having a bitcoin bank, then that is the third party. It also removes the anonymous part which we all love.

If theres a  bitcoin bank for sure   anonymity of  bitcoin  would  surely gone because you would really need  to  register  up your  name  when you intend to  put  up into the  bank and   when this  happens  government  would  really  try to  control  it  and could  possibly make taxes with it but as  we all know  bitcoin is  uncontrollable  by  someone  thats  why  government  would  not   let this  things to happen on building a  bitcoin bank.  These banks are  useless at all though because   there are really lots of ways  to store  your  bitcoin on  private.
hero member
Activity: 1148
Merit: 504
October 23, 2016, 10:47:14 PM
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.

The idea of bitcoin is removing the third party, in which, if we agree on having a bitcoin bank, then that is the third party. It also removes the anonymous part which we all love.
newbie
Activity: 36
Merit: 0
October 23, 2016, 10:39:32 PM
yes
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
October 23, 2016, 09:50:45 PM
I found a small poem online that I think really puts my opinion of this into words:
Give a man a gun and he can rob a bank
Give a man  bank and he can rob the world

I don't think this is a good idea but it will probably happen anyway.
That somewhat true, the biggest criminal here is the bank because it robbed the whole world and the humanity. We cannot change the fact because we are living but their rules, that is maybe why bitcoin is created is because of the genius mind of satoshi to give freedom to the people to do banking without needing a bank.
hero member
Activity: 812
Merit: 1000
October 23, 2016, 09:00:28 PM
I found a small poem online that I think really puts my opinion of this into words:
Give a man a gun and he can rob a bank
Give a man  bank and he can rob the world

I don't think this is a good idea but it will probably happen anyway.
hero member
Activity: 756
Merit: 501
October 23, 2016, 08:58:38 PM
As already stated above with bitcoin we are our own bank, soo why would we need another entity or companie to hold our bitcoins? Makes no sense after freedom we think into get inside of those companies and control.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
October 23, 2016, 07:33:51 PM
No, why would you even need a bitcoin bank in the first place? You're your own bank.
hero member
Activity: 2436
Merit: 516
October 23, 2016, 04:41:31 PM
yes i agree with bitcoin bank and it will be too much good if bitcoin bank appear in everywhere and then i hope bitcoin will be more get popularity and more bitcoin will be get more stronger if bitcoin bank appears.
I hope you remember your coin is still virtual. Enjoy the imaginary exchange. Bitcoin cant just be operated with a bank
hero member
Activity: 910
Merit: 550
October 23, 2016, 06:46:11 AM
Some people who share their opinion in this thread have very limited knowledge how banks works and how problematic.
It is not about that big finance controls everything, it is rather conditions that make BANKS responsible for major international financial crises.
Do you really want that menace invading bitcoin world?!

most people are only thinking about the one side of using banks and that is the obvious side that a "user" can see and that is only benefits such as profit that banks give on the deposited money there.
what you say is on another layer and most "users" don't care about that kind of stuff.

Well if that users concern about security then i think bitcoin bank is not a useless thing because he she want to protect his her bitcoin from others but for i think it okay but im not using it because im okay with my wallet and as long as you know how to handle your wallet then it is safe.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
October 23, 2016, 06:20:11 AM
Some people who share their opinion in this thread have very limited knowledge how banks works and how problematic.
It is not about that big finance controls everything, it is rather conditions that make BANKS responsible for major international financial crises.
Do you really want that menace invading bitcoin world?!

most people are only thinking about the one side of using banks and that is the obvious side that a "user" can see and that is only benefits such as profit that banks give on the deposited money there.
what you say is on another layer and most "users" don't care about that kind of stuff.
legendary
Activity: 1400
Merit: 1001
October 23, 2016, 06:16:37 AM
Some people who share their opinion in this thread have very limited knowledge how banks works and how problematic it can be.
It is not about that big finance controls everything, it is rather conditions that make BANKS responsible for major international financial crises.
Do you really want that menace invading bitcoin world?! Why do we need banks to eat our money where we have perfectly fine p2p money transfer system?

You greedy bank lover bastards want one thing - easy profits from collecting accrued interest.
hero member
Activity: 504
Merit: 500
October 23, 2016, 05:41:11 AM
bitcoin bank, if it operates online, then it doesnt make any difference from online wallets. Moreso if it operates with offices in different countries will be influenced by politics.
I think there will be differences about bitcoin bank and wallet, you can not say the same thing, because the wallet will be much more secure because more decentralized think
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
October 23, 2016, 05:11:43 AM
In one sense it would be good because having bitcoin bank will make the coin popular and some other guy would start using it. But in one sense it would be bad because having bitcoin bank will make the network untrustworthy because bitcoin is decentralized and automated but bank will make it insecure but if they make it automated then it would be welcoming.
If we will make you idea possible, I have a big question for you, who will manage the bitcoin bank?

That's the question that is hard to answer since banks are centralized and we are decentralized, so it should be the interest for everyone here and since we do not know each other how can we trust a person, literally bank is a business of trust.
full member
Activity: 238
Merit: 100
October 23, 2016, 04:41:21 AM
In one sense it would be good because having bitcoin bank will make the coin popular and some other guy would start using it. But in one sense it would be bad because having bitcoin bank will make the network untrustworthy because bitcoin is decentralized and automated but bank will make it insecure but if they make it automated then it would be welcoming.
full member
Activity: 224
Merit: 100
October 23, 2016, 04:24:49 AM
yes i agree with bitcoin bank and it will be too much good if bitcoin bank appear in everywhere and then i hope bitcoin will be more get popularity and more bitcoin will be get more stronger if bitcoin bank appears.
legendary
Activity: 2170
Merit: 1427
October 23, 2016, 04:02:49 AM
Some people just don't want to be responsible for their own money or whatever. It might be security concerns, or whatever else, there is definitely something that they believe a bank offers them. For most people I would assume that's safety and interest.

The crucial point for people is that banks are the central authority that is somehow giving people trust and confidence. Add that the government gives people an extra piece of mind by securing their money till a certain amount. If you take these things into consideration, then it's for them an easy choice to keep using banks. Bitcoin on the other hand doesn't have a central authority, doesn't have a government securing your money, doesn't allow you to hold it in your hand. Reason enough for people to keep walking the same old fiat road.

Banks = full control, and we want exactly the opposite: anonymity.

I agree that we are looking for anonymity, but the fact is that banks don't allow you to fully control your money. With Bitcoin you can.

The only option would be a Bitcoin bank where you don't have to put in your personal information. I'd accept only that way.

Whether a so called Bitcoin bank allows you to privately register there or not, it still doesn't change one very important thinig. And that thing is that you still don't have any control over your coins if you make use of it. People are in Bitcoin to own what they have, and not to hand over their wealth into the hands of an entity you don't know.
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