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Topic: Do you agree with idea "Bitcoin bank" ? - page 117. (Read 142276 times)

full member
Activity: 210
Merit: 100
October 23, 2016, 03:51:10 AM
I don't agree with this idea. Banks = full control, and we want exactly the opposite: anonymity. 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.
legendary
Activity: 1512
Merit: 1041
October 23, 2016, 03:32:12 AM
I don't actually care about this kind of thing, but IMO Bitcoin bank is not a good idea. It's indeed not a "stupid" idea, but it just doesn't fit with Bitcoin. Because Bitcoin is supposed to be decentralized, and with this 'Bitcoin bank' it will un-decentralized the Bitcoin itself. That's why I don't really agree with this idea, even tho I would not have refused if many people agree with it.
I would not agree with this Idea too.. bitcoin is secure enough and everyone can protect their bitcoins by their own self. in short everyone is his own bank in bitcoin.
so making a third party bank and giving control of our bitcoin to them is not a thing we need. and bitcoin is not mad for this reason. bitcoin is the currency of freedom.
and the other side. bitcoin wallets are also a kind of banks. if people still need banks then they consider their wallet a bank.
hero member
Activity: 1246
Merit: 588
October 23, 2016, 03:16:47 AM
Absolutely not, simply because bitcoin has already a place to be put on and that is nitcoin wallet. In my own opinion you dont have to make a tangible thing for a non-tangible one. So a non-tangble bitcoin is good for a non-tangible wallet
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
October 23, 2016, 03:06:38 AM
I don't actually care about this kind of thing, but IMO Bitcoin bank is not a good idea. It's indeed not a "stupid" idea, but it just doesn't fit with Bitcoin. Because Bitcoin is supposed to be decentralized, and with this 'Bitcoin bank' it will un-decentralized the Bitcoin itself. That's why I don't really agree with this idea, even tho I would not have refused if many people agree with it.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
October 23, 2016, 01:58:43 AM
No. the first reason that I used bitcoins is because of the sole purpose of not needing to use banks. This destroys that one purpose entirely.
hero member
Activity: 812
Merit: 501
October 23, 2016, 01:47:17 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.
Craig Wrigh ("Satoshi Nakamoto" I am not sure about him) had the idea to make bitcoin bank but he failed.
hero member
Activity: 2436
Merit: 516
October 23, 2016, 01:23:17 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.
full member
Activity: 238
Merit: 100
it's showtime
October 23, 2016, 12:31:38 AM
It's the same old discussion with a vote - BitCoin makes each and every one of  us the bank.  We decide how we spend our money and even how we store it, online wallets, on our devices, paper wallets - the list goes on.

You'll probably find that the vote will go to "no" simply because most people who come to BitCoin already understand the concept of decentralised currency.

The true question here isn't you as a bank but a third party holding your money... For security reason or whatever, some way to withdraw the money, I don't know...
Don't look smart for me...
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.

Truth is that banks are a protection service but well, it can go bankrupt and you loose it all or government close the account or I don't know, nothing is 100%...

And some banks use your money to lend to other people and you receive for hold the money there...
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
October 22, 2016, 11:55:50 PM
It's the same old discussion with a vote - BitCoin makes each and every one of  us the bank.  We decide how we spend our money and even how we store it, online wallets, on our devices, paper wallets - the list goes on.

You'll probably find that the vote will go to "no" simply because most people who come to BitCoin already understand the concept of decentralised currency.
And the bitcoin bank is the worst idea in this time, the people are searching the bitcoin get their freedom about the financial manager and how about building the dictator against their economic freedoms?
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
October 22, 2016, 10:16:39 PM
To me Bitcoin Banks are usable in great extent and act as gateways to enable further access.

For the fullest extent in time Bitcoin will see successful rate increases due to speculation and demand. There was a point in BTC history where it spiked, resulting in insane news press which keeps piling up today.

There's loads more to see and with full innovation by large companies & API's this will look even more grand than at the start.
hero member
Activity: 490
Merit: 520
October 22, 2016, 10:14:16 PM
It's the same old discussion with a vote - BitCoin makes each and every one of  us the bank.  We decide how we spend our money and even how we store it, online wallets, on our devices, paper wallets - the list goes on.

You'll probably find that the vote will go to "no" simply because most people who come to BitCoin already understand the concept of decentralised currency.

The true question here isn't you as a bank but a third party holding your money... For security reason or whatever, some way to withdraw the money, I don't know...
Don't look smart for me...
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.
full member
Activity: 238
Merit: 100
it's showtime
October 22, 2016, 10:05:32 PM
It's the same old discussion with a vote - BitCoin makes each and every one of  us the bank.  We decide how we spend our money and even how we store it, online wallets, on our devices, paper wallets - the list goes on.

You'll probably find that the vote will go to "no" simply because most people who come to BitCoin already understand the concept of decentralised currency.

The true question here isn't you as a bank but a third party holding your money... For security reason or whatever, some way to withdraw the money, I don't know...
Don't look smart for me...
member
Activity: 119
Merit: 10
October 22, 2016, 09:56:57 PM
It's the same old discussion with a vote - BitCoin makes each and every one of  us the bank.  We decide how we spend our money and even how we store it, online wallets, on our devices, paper wallets - the list goes on.

You'll probably find that the vote will go to "no" simply because most people who come to BitCoin already understand the concept of decentralised currency.
sr. member
Activity: 448
Merit: 250
October 22, 2016, 09:47:20 PM
since there are N number of coins and more coins coming into existance we need some sort of rules and regulations on terms how you can come up with a concept and a business plan and need to put a bank gurantee in order to prevent scam ,other than that i dont think we need a crypto bank
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
October 22, 2016, 09:31:31 PM
No because if there an bitcoin bank then how about our bitcoin wallets? that we use to stock our bitcoin from earnings and if there an bitcoin bank i will not totatly deposit my bitcoin if there an fee's like bitcoin wallet it much more better to use bitcoin wallets than bank Tongue just saying.
Lol I think no one will tell you to leave your wallet and should use bitcoin bank, I think although bitcoin bank runs even though it will not give impact whatsoever, because this will be the same as the wallet, except that they have access to and control of bitcoin you save, but you could benefit from interest



Well exactly. You either have an offchain transaction going on where every bank will want to keep them a secret or you and the bank will both just have access to your bitcoins. Either way it's stupid and pointless. It's redundant and illogical. It's like saying "I gave access to my email to my librarian because it just seemed right" . There's absolutely no need for it!
newbie
Activity: 56
Merit: 0
October 22, 2016, 09:24:46 PM
bitcoin does not need to have a bank. bitcoin system is a financial system that made us have full access to the money we have. bitcoin can stand alone !!!
Yes I am agree with you. Blockchain.wallet is enough for all. If there is a bank for bitcoin. I think it will gonna be tax for bitcoin. But I will thinking twice if bitcoin bank offering a good benefit of using it. Lets ww see what bitcoin bank do in the future if it created.
legendary
Activity: 1372
Merit: 1008
October 22, 2016, 07:52:13 PM
No because if there an bitcoin bank then how about our bitcoin wallets? that we use to stock our bitcoin from earnings and if there an bitcoin bank i will not totatly deposit my bitcoin if there an fee's like bitcoin wallet it much more better to use bitcoin wallets than bank Tongue just saying.
Lol I think no one will tell you to leave your wallet and should use bitcoin bank, I think although bitcoin bank runs even though it will not give impact whatsoever, because this will be the same as the wallet, except that they have access to and control of bitcoin you save, but you could benefit from interest

hero member
Activity: 700
Merit: 500
October 22, 2016, 01:31:51 PM
The bitcoin was created precisely to prevent third parties from using your money, so you want to return to the banks ?.
That does not make much sense, you should read a little more about the history of the bitcoin before making a proposal like this.
That is it, bitcoin was create to prevent unnecessary interference of third party into any financial transaction, such third parties like the banks.Then does it make sense to you if someone say or propose there should be physical location or organization that is called bitcoin bank ? of course not.
hero member
Activity: 742
Merit: 500
October 22, 2016, 09:12:26 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...
You're right!!
I personally disagree with this idea, seriously why do we have to giving access to people where they can freeze or lock our money anytime, it's kind of making bitcoin centralized. It's better to own your money on your pocket, you have ultimate control over it and no one can freeze it whatever you do even do something ilegall.
legendary
Activity: 1596
Merit: 1011
October 22, 2016, 08:57:05 AM
bitcoin does not need to have a bank. bitcoin system is a financial system that made us have full access to the money we have. bitcoin can stand alone !!!
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