Topic: Do you agree with idea "Bitcoin bank" ? - page 121. (Read 142276 times)
I really do not know if we really need this if I have to be honest because its something that already been going great without it so why would we need one ??
If the bank is non-controlled by the government and it keeps the best parts of bitcoin, like its anonymity, safety, user-friendliness the bank would be rather ok. But really I can't say for sure yet.
Bitcoin bank, a bank that has control over bitcoins. And a bank that is controlled by the government, yes i do agree with it. For me it is a potential uplift for bitcoin to grow and be accepted by the general community. The government oversees the transaction such that illegal activities using bitcoin will be cast out of bitcoin usage. I believe in the ability of the government to maintain peace and control criminality and so i placed bitcoin into their hands if i have that power.
If FDIC insured institutions allowed BTC to USD exchanges directly into their accounts, Bitcoin and big banks could work hand in hand.
But that is will never happen in my mind, the bank is already understanding if bitcoin are their opponent and need a miracle for that is will happened in the future. a lot of the central bank are already worried about the spreading of bitcoin in every country. 
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.
I think the point and profit when the bank was present bitcoin is that you can save bitcoinmu while investing as well, because you will also benefit from the flowers that will grow in your bank account?I thought it was interesting to wait
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.
People are more familiar with the term of the "bank" and this makes them to trust these with their money, maybe they feel safer but bitcoin can be managed by any user and it isn't needed a bitcoin bank, but if the bank offers other services then people will like and join them.
If FDIC insured institutions allowed BTC to USD exchanges directly into their accounts, Bitcoin and big banks could work hand in hand.
If the bank is non-controlled by the government and it keeps the best parts of bitcoin, like its anonymity, safety, user-friendliness the bank would be rather ok. But really I can't say for sure yet.
If you mean a voluntary use of a bank to hold bitcoins much like coinbase, then I don't have a problem with it because it is anyone's choice to use it or not. If you are talking about some kind of government controlled bank of bitcoins that they require us to use (so they can fully regulate), then it goes against the whole point of bitcoin and I would be against it.
I understand why people mosty don't agree with this idea. I disagree with it as well. The thing is when there appears a bank, there should come some taxes, I guess, something destroying anonymity and something connecting this bank with a state. This kills the whole idea of Bitcoin and allows some institution to take control over it.
Exactly, and that is what no one would like to see in the community, we are free to do whatever we want with our money without letting anyone know, we are free to transfer our money from a place to another without anyone interference, and how would we like our freedom to be killed by a system like banking where others will know everything we do with our own money?
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.
no i think this is just bullshit i do not want to see any banking stratgy in the market fields here and i do not even like any interfarence of banks i do not care if is will effect the bitcoin network or not but its just burning me from inside its like someone else is watching my gf
I understand why people mosty don't agree with this idea. I disagree with it as well. The thing is when there appears a bank, there should come some taxes, I guess, something destroying anonymity and something connecting this bank with a state. This kills the whole idea of Bitcoin and allows some institution to take control over it.
I believe one of the reasons Bitcoin was made was to cut out middlemen and get low transaction fees and introducing a Bitcoin bank would bring these back
But in my opinion, if there is a bitcoin bank then if we could keep bitcoin in the bank. And certainly the money we will be more secure, and therefore a large fee for security are comparable.Thank you
No, I don't agree on the idea of Bitcoin bank. Bitcoin and blockchain technology offers the opportunity or facility to be your own bank by having full control over your funds with freedom of use to access them anytime. In presence of current wallets availability I don't think there is even need of any such formal bank to let my Bitcoin there to store them.
Banks are useful as storage, for loans etc
Some have tossed the idea of a bitcoin reserve bank (i.e federal reserve) to for inflation targeting and currency stability, I think that is what would really make it like regular currency which is what we are trying to avoid.
Some have tossed the idea of a bitcoin reserve bank (i.e federal reserve) to for inflation targeting and currency stability, I think that is what would really make it like regular currency which is what we are trying to avoid.
of course not. one of the main reason for me to use bitcoin is to work outside the banking system. if you ask people that are willing to see a bitcoin bank what the reason for that is, they answer with that they get interest over their coins. that's a pretty lame answer if you ask me. also, there are certain exchanges that offer you interest on your coins. in that regard these people will consider exchanges banks as well.
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.
What you said is correct, Bitcoin was introduced to demolish the Banking fundamental, and now they are asking bitcoin bank, When Bitcoin wallet itself is the bank why do we need the bank to control your wallets. This is just same like investment scam schemes.
Xapo, Coinbase and Circle, they are all "bitcoin banks", if someone doesn't like them, they don't need to use them...
Yeah, I suppose they can be called that. But do we really need them? They can be helpful, but at the same are driven by awful centralized force.From what I noticed there are many threads dedicated to show how people are complaining about their account being frozen & suspended.
Just because they supposedly broken some ToS rules - like gambling with bitcoin stored in their online wallet.
The idea of bitcoin bank is no good for me, most of us use bitcoin because we want to hide our identity, wealth and transaction why do we want to give that up and put our bitcoin in bitcoin bank? if i want to keep my money with my identity then i will choose usual bank because it is safer
i feel that too mate if btc bank will be open what will be the requirements? if they can put it just the wallet would be the information thats needed maybe i will try it but if there's personal data that will be ask might much better to use local banks for it, i see the possibility of manipulation or it will be threaten of possible big hacked. 
having a bitcoin bank means destroying everything that Satoshi worked for creating and it is in fact against bitcoin main purpose which is making thing decentralized.
you may see some benefits in having a bitcoin bank but in my opinion the downside to it is a lot more than the benefits.
you may see some benefits in having a bitcoin bank but in my opinion the downside to it is a lot more than the benefits.
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