Topic: Do you agree with idea "Bitcoin bank" ? - page 118. (Read 142276 times)
I personally would not use one, but I see no problem if idiots who can't secure their private keys properly would like to use a bank. The caveat is that the whole ecosystem should not gravitate towards one where you NEED a bank account to perform Bitcoin transactions. People who want to run their own nodes as their wallets should always be able to do so.
Well, i really don't have any idea about it, and i am thinking that how can you build or make Bitcoin Bank?
Only asking this thread is not enough, and Who make that bank? Also i think it is a big project, it is not easy as we think.
May be in future, it will be happened but now it is difficult.
Only asking this thread is not enough, and Who make that bank? Also i think it is a big project, it is not easy as we think.
May be in future, it will be happened but now it is difficult.
I don't agree with the idea of Bitcoin bank. The whole concept of Bitcoin is directed towards making someone become his own bank. Bitcoin and banks are totally different things. The first one is controlled by the owner of the wallet and no one else while the latter is controlled by the government. I guess the only ones that are going to use Bitcoin banks are those old people or those uninformed people who do not know how to make them Bitcoin wallet secure.
If it's for the best for bitcoin why not. It's better to have a bitcoin bank in the future where we can easily sell or deposited our money and then if we want it to withdrew and we can easily withdraw it into money. But i think there an wallet now that can really withdraw bitcoin that fast like 5minutes and then your money is ready.
that's reason why we don't need an actual bank to cater that function, the wallet itself can served as the storage and exchanging it into local fiat can easily done in just maybe 10-2- minutes and you can already spend it.
If it's for the best for bitcoin why not. It's better to have a bitcoin bank in the future where we can easily sell or deposited our money and then if we want it to withdrew and we can easily withdraw it into money. But i think there an wallet now that can really withdraw bitcoin that fast like 5minutes and then your money is ready.
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 
just saying.
I think you're free to choose to use bitcoin wallet or bank bitcoin. both have the same function that is a medium for storing bitcoin, the difference is that you can make a profit when you save your bitcoin in a bank bitcoin just saying.
you say that people must look 0.25 btc as 0.25btc and not 158$.
I didn't say people must look at Bitcoin in the way that 0.25BTC is 0.25BTC. I was just explaining the person I was quoting that there isn't a so called Bitcoin bank needed in order to make people think like that. It has all to do with what people have in their mind.
If we can't to exchange bitcoin in money, than why we want it?
You'll always be able to exchange Bitcoin for fiat if you so wish. But some people (mostly the early birds) prefer to look at Bitcoin as a full currency where you don't have to convert it to fiat in order to get things bought. This is just one example. There are in fact plenty.
Do you think why miners are mining bitcoin? Because they want money.
That's a hard fact. Mining farms are only interested in profits that they are generating. Can't argue with that.
I don't agree the idea of bitcoin bank too. But i like more people knows BTC. Bitcoin decentralized from the other currencies. Easy transaction and secure, independently to make deal in business, no birocracy involve etc. In my mind , what happen if government involve and make bank to control all currencies including BTC. This may political driven and power in making policies and law maker.
NO.
Bitcoin is against banks. It doesn't need a bank. Big banks small banks, we like to keep our money away from the banks. Let me put it this way: the Banking system is going to crash soon, and bitcoin is offering you a way out!
Bitcoin is against banks. It doesn't need a bank. Big banks small banks, we like to keep our money away from the banks. Let me put it this way: the Banking system is going to crash soon, and bitcoin is offering you a way out!
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.
yes , i am satisfied with the idea of bitcoin bank . through these development of bitcoin bank no one will be able to say it is illegal and more people will comes in the bitcoin world . and there will be ease to convert bitcoin in to fiat and fiat into bitcoin .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.
wow... good idea for black money to white money.
i think its very good idea that bitcoin bank and then i hope that bitcoin will be get more popularity and get more power and there some people can not use bitcoin in their country if bitcoin bank appear then i hope no one need to convert their into fiat.
People convert their coins to fiat either because of they are purely using Bitcoin as an investment tool, or they are offering their services here for Bitcoin in order to expand their reach. And of course don't forget most of the sig spammers in this forum that convert all they earn directly to fiat.
People aren't ready for seeing Bitcoin purely as money as in 0.25BTC is 0.25BTC. It will take years before even a far minority start to realize this. I think for +95% of the people 0.25BTC is $158.75 and not 0.25BTC. It's a mentality/way of thinking thing, and not a matter of having a Bitcoin bank. No need for that.
I can't agree you on your opinion, you say that people must look 0.25 btc as 0.25btc and not 158$. If we can't to exchange bitcoin in money, than why we want it? Do you think why miners are mining bitcoin? Because they want money. If you want to mine bitcoin without exchange than you want to simply pay more electricity costs and listen loud nois of miner? I can't understand why you say that.
P.S I don't agree idea of bitcoin bank, I like today's situation.
i think its very good idea that bitcoin bank and then i hope that bitcoin will be get more popularity and get more power and there some people can not use bitcoin in their country if bitcoin bank appear then i hope no one need to convert their into fiat.
People convert their coins to fiat either because of they are purely using Bitcoin as an investment tool, or they are offering their services here for Bitcoin in order to expand their reach. And of course don't forget most of the sig spammers in this forum that convert all they earn directly to fiat.
People aren't ready for seeing Bitcoin purely as money as in 0.25BTC is 0.25BTC. It will take years before even a far minority start to realize this. I think for +95% of the people 0.25BTC is $158.75 and not 0.25BTC. It's a mentality/way of thinking thing, and not a matter of having a Bitcoin bank. No need for that.
Yes, because if there is "Bitcoin bank" you can put your savings there, so if you need it you can easily go to the bank then withdraw it.
bitcoin wallet is same bitcoin bank in function is same saving
about debitcard in support bitcoin top up is ready service exampe coinsbank, xapo and advcash
if you want bitcoin bank same in real bank convensional i think is very imposible
about debitcard in support bitcoin top up is ready service exampe coinsbank, xapo and advcash
if you want bitcoin bank same in real bank convensional i think is very imposible
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.
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.
this idea like many other ideas have many pros and cons that makes it difficult to give on answer in my opinion.
it can be good for newer people who don't understand bitcoin or too lazy to run their own wallet and make it safe, so using a third party like banks can be useful for them
but for those of us that understand bitcoin and can run our own wallet, cold storage,... the idea of a bank is stupid.
if you want to start a new bitcoin bank then i say don't do it because people are not going to come back to the banking system with bitcoin and deposit anything in the bank.
but in general i think it is apossibility and maybe someday we see more of bitcoin banks around but i doubt they ever become successful.
but in general i think it is apossibility and maybe someday we see more of bitcoin banks around but i doubt they ever become successful.
There would be no bitcoin banks at all and no government would tend to imply these and put up on a certain country because people would surely separate to fiat bank and switch into bitcoin because people would surely saw that they would eventually make profits to bitcoin because of inflations.
if you want to start a new bitcoin bank then i say don't do it because people are not going to come back to the banking system with bitcoin and deposit anything in the bank.
but in general i think it is apossibility and maybe someday we see more of bitcoin banks around but i doubt they ever become successful.
but in general i think it is apossibility and maybe someday we see more of bitcoin banks around but i doubt they ever become successful.
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 just saying.
I think you're free to choose to use bitcoin wallet or bank bitcoin. both have the same function that is a medium for storing bitcoin, the difference is that you can make a profit when you save your bitcoin in a bank bitcoin just saying.
That maybe a good idea but i have a fear of high fees of banks you can notice that the banks already have high fees and people do not like that fees so everyone has the fear that if banks will start bitcoin then they will charge high fees for keeping them and for transacting that.
Yes, That corrupters will not fit to have bitcoin in their platform. Already bitcoin is work as indidual bank only where we can the manage the bitcoin and transfer to anywhere in the world. Once bank came in side this technology they will consume more fees for international transactions.
That maybe a good idea but i have a fear of high fees of banks you can notice that the banks already have high fees and people do not like that fees so everyone has the fear that if banks will start bitcoin then they will charge high fees for keeping them and for transacting that.
Yes, That corrupters will not fit to have bitcoin in their platform. Already bitcoin is work as indidual bank only where we can the manage the bitcoin and transfer to anywhere in the world. Once bank came in side this technology they will consume more fees for international transactions.
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