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Topic: Do you agree with idea "Bitcoin bank" ? - page 19. (Read 142276 times)

full member
Activity: 1582
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BK8 - Most Trusted Gambling Platform
September 23, 2017, 05:22:42 PM

I agree with what you say, I think just like you. what can they handle with the risks involved? obviously this does not make sense to me.
full member
Activity: 210
Merit: 100
Comprehensive Blockchain Billing Protocol
September 23, 2017, 05:19:11 PM
I gues i agree
For more secure

Such banks will not give greater security to your crypto currency than the blockchain system. But banks will take additional services from you. I am against such banks
full member
Activity: 308
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September 23, 2017, 07:02:36 AM
i dont think banks for bitcoin because we have our wallet for safe keeping.
hero member
Activity: 2534
Merit: 586
September 23, 2017, 06:54:48 AM
I disagree with this idea "bitcoin bank" because first of all bitcoin is decentralized currency already. If you put bitcoin in a bank means there is a certain person or group that is holding our bitcoins and its centralized already. I like to put my bitcoins to microwallets for me rather than a bitcoin bank. Thats my opinion
I am also not sure that a bit coin based bank would be established as bit coin is free from several limitations like in banks different types of taxes are implemented on your own money while in case of bit coin you are a free customer and you will get the profit of you investment according to your efforts and struggle so I also don’t think like.
jr. member
Activity: 58
Merit: 10
September 21, 2017, 04:06:48 AM
NO because bitcoin make us free from normal bank system so that we talk  about back to bank  it will be so wrong idea
hero member
Activity: 854
Merit: 501
September 21, 2017, 03:01:59 AM
i agree Bitcoin bank is a good idea , with Bitcoin Bank created , Bitcoin will going to public ,.
I think there will be no link of bitcoin and bank, if so then I think people will not interested in bitcoin, because they have already the facility of bank. If I want change in my life, I will definitely prefer to bitcoin, because I need a currency which will be accepted throughout the world.

So that I shall not exchange my local money to buy something outside my home country, and through bank I will have to pay exchange charges.
hero member
Activity: 3164
Merit: 660
Live with peace and enjoy life!
September 21, 2017, 02:49:38 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 OR any centralized service which only ask name and email address.
No, bitcoin is a crypto currency and it should not be controlled by the bank.
They can't control the bank but they can regulate exchanges, our option to cash out bitcoin is to convert in exchanges and it's our bank
actually, if we do not want to be controlled then we just hold it. As bitcoin is getting more and more popular, regulations will be more strict to ensure
laws are not broken and the interest of the government will be protected.
full member
Activity: 574
Merit: 102
September 21, 2017, 01:40:47 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 OR any centralized service which only ask name and email address.
No, bitcoin is a crypto currency and it should not be controlled by the bank.
full member
Activity: 182
Merit: 100
September 21, 2017, 01:35:59 AM
if I still agree to agree that if the bank can improve the quality and security
in bitcoin transactions because I believe bitcoin is the currency of the future
sr. member
Activity: 854
Merit: 281
September 21, 2017, 01:23:22 AM
As bitcoin is decentralized, people can do whatever they want with it. I would not be shocked if in the future, besides ATMs, there are physical bitcoin banks that deal exclusively or almost exclusively with the cryptocurrency. What will determine this is popular demand. Yes, currently there are online banks and exchanges, but for physical ones there will have to be more mass adoption.
full member
Activity: 205
Merit: 100
September 21, 2017, 01:19:11 AM
I disagree with this idea "bitcoin bank" because first of all bitcoin is decentralized currency already. If you put bitcoin in a bank means there is a certain person or group that is holding our bitcoins and its centralized already. I like to put my bitcoins to microwallets for me rather than a bitcoin bank. Thats my opinion
While I also disagree with the idea of a bitcoin bank I think we are going to see many attempts at it from banks especially if bitcoin becomes really successful and while most members of this forum are not going to fall for it many people that do not understand the real purpose of bitcoin are going to support such a thing.

Your understanding will fade slightly if it turns out bitcoin banks are done by Blockchain, Coinbase, and many companies are already popular with bitcoin wallets. Creating a physical bank does not mean they will arrogantly organize all user data, but it serves as a real-world business existence, system and data processing will remain the same and what differentiates it from government tax. Bitcoin is necessary to create a bank.

I agree with your idea even we have some way now when withdrawing it but in think that this will be much profitable if there could be a butcoin bank.
sr. member
Activity: 2198
Merit: 273
DGbet.fun - Crypto Sportsbook
September 21, 2017, 01:02:56 AM
I disagree with this idea "bitcoin bank" because first of all bitcoin is decentralized currency already. If you put bitcoin in a bank means there is a certain person or group that is holding our bitcoins and its centralized already. I like to put my bitcoins to microwallets for me rather than a bitcoin bank. Thats my opinion
While I also disagree with the idea of a bitcoin bank I think we are going to see many attempts at it from banks especially if bitcoin becomes really successful and while most members of this forum are not going to fall for it many people that do not understand the real purpose of bitcoin are going to support such a thing.

Your understanding will fade slightly if it turns out bitcoin banks are done by Blockchain, Coinbase, and many companies are already popular with bitcoin wallets. Creating a physical bank does not mean they will arrogantly organize all user data, but it serves as a real-world business existence, system and data processing will remain the same and what differentiates it from government tax. Bitcoin is necessary to create a bank.
sr. member
Activity: 728
Merit: 250
September 21, 2017, 12:48:43 AM
I disagree with this idea "bitcoin bank" because first of all bitcoin is decentralized currency already. If you put bitcoin in a bank means there is a certain person or group that is holding our bitcoins and its centralized already. I like to put my bitcoins to microwallets for me rather than a bitcoin bank. Thats my opinion
While I also disagree with the idea of a bitcoin bank I think we are going to see many attempts at it from banks especially if bitcoin becomes really successful and while most members of this forum are not going to fall for it many people that do not understand the real purpose of bitcoin are going to support such a thing.
member
Activity: 110
Merit: 10
September 19, 2017, 03:17:59 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 OR any centralized service which only ask name and email address.

Having a bitcoin-bank defeats the purpose of coin-based wallets since the only reason on why you keep your coins is by letting time and bitcoin's volatility earn you money in the long-run. Also, the existence of these banks make it very inconvenient for users who want to withdraw their bitcoins due to various processes and regulations needed to comply with the banks. Lastly, bitcoins cannot be regulated due to its decentralized nature and the presence of transaction fees with banks only puts the individual to a disadvantage state where they can potentially lose money instead of earning one.
newbie
Activity: 47
Merit: 0
September 19, 2017, 02:37:32 AM
I strongly agree with the idea of bitcoin bank, because with iru we are not too difficult to store bitcoin or to attract bitcoin wherever we are
full member
Activity: 826
Merit: 111
September 16, 2017, 01:23:14 PM
the idea behind bitcoin bank is make btc as a tangible. if we have bitcoin bank,we can use it to exchange currency.
Moreover centralized bank can help to provide master card or credit which will be used shopping and other purpose. So bitcoin bank will bring something good for bitcoin community.

Lol. No it won't. It would be the same as going backwards to where we were. Why bother using bitcoin at all in that case ? It defeats the entire purpose of Bitcoin. You taking something Decentralized and retinf to centralize it. You don't understand how Bitcoin works or banks. Please don't just say whatever you like as if it was fact. Do your own research. The very basic understanding of bitcoin is that you are the bank.
Bank is not required. Why again we should spend time unnecessarily going to a place set as bank and do all the transaction done in bank. We are already ahead with bitcoin's systems. Each one can do their transaction more secured without any other third party. Its even faster and stronger in transactions. So no need of a bank for bitcoin.
hero member
Activity: 966
Merit: 535
September 16, 2017, 01:10:01 PM
the idea behind bitcoin bank is make btc as a tangible. if we have bitcoin bank,we can use it to exchange currency.
Moreover centralized bank can help to provide master card or credit which will be used shopping and other purpose. So bitcoin bank will bring something good for bitcoin community.

Lol. No it won't. It would be the same as going backwards to where we were. Why bother using bitcoin at all in that case ? It defeats the entire purpose of Bitcoin. You taking something Decentralized and retinf to centralize it. You don't understand how Bitcoin works or banks. Please don't just say whatever you like as if it was fact. Do your own research. The very basic understanding of bitcoin is that you are the bank.
hero member
Activity: 966
Merit: 500
September 15, 2017, 07:50:21 PM
There is no such thing as a Bitcoin bank. People cannot steal your Bitcoin unless they have your private keys. To get private keys you need to steal/hack or be given them. And if you give someone your private keys, you are an idiot.
member
Activity: 73
Merit: 10
September 15, 2017, 07:07:50 PM
I disagree with the idea of having Bitcoin Bank you know why there are banks who used to criticize bitcoin in public and they said that Bitcoin is a fraud what kind of thinking they have they don't even experience using and buying Bitcoins in the first place and if Bitcoin would be managed by the bank the security would be very risky thats why i dont like bitcoin bank.
member
Activity: 84
Merit: 10
September 15, 2017, 07:01:51 PM
I think bitcoin does not need a bank. I prefer the free bitcoin without any bank or third party in it. it will make me feel watched every bitcoin use. bitcoin just needs a wallet instead of a bank .. which makes bitcoin decentralized not centralized, I think the idea for bitcoin bank is not necessary because few people will follow you. people will prefer the bitcoin wallet from the bank. each transaction will be done by himself instead of using the bank.
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