Do you agree with idea "Bitcoin bank" ? - page 22.

Tahir Khan

newbie

Activity: 29

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Quote from: Darwintas on September 12, 2017, 08:17:06 AM

I don't think that is good i want to be my own bank with my own wallet and be ready to use it when i want to use it a bank will give me loan but still it is at least save with me and not with

someone else you know what i mean.

i think there must be bitcoin bank in the countries who have accepted bitcoin officially because by this trading will also start through bitcoin in such countries

Darwintas

member

Activity: 86

Merit: 10

I don't think that is good i want to be my own bank with my own wallet and be ready to use it when i want to use it a bank will give me loan but still it is at least save with me.

It is not from me but from someone else you know what i mean.

Thymoty

full member

Activity: 372

Merit: 100

CPLAY Network

of course I agree if there is BITCOIN BANK, but it seems we do not really need it, our technology does not need Bank , let Banks remain so that only save conventional money ..

ButtCrack

sr. member

Activity: 432

Merit: 250

Quote from: CataloniaFM on September 11, 2017, 09:02:19 AM

Quote from: Prettyme on September 11, 2017, 08:53:57 AM

Quote from: amacar2 on October 18, 2016, 12:19:32 PM

I completely disagree the idea of bitcoin bank i think we don't need it as bitcoin is meant to remain decentralized always and the idea of bank is to centralize bitcoin. Even some regulated web wallets like coinbase, xapo practice same restrictions like normal banks with lots of account lock down and KYC policies which is completely against what bitcoin was developed for.

I think since bitcoin has been popular to everyone even around the world I think bitcoin bank is a great idea. If this would be possible i think it is one of the steppingstone of bitcoin to be accepted by everyone of us even the government of China.

It's even difficult for me to imagine what kind of financial operations such a bank could carry out. He would be simply useless. And there are many risks and disclosure of anonymity.
No, I still do not agree with the idea of bitcoin bank

If we can create a Bitcoin bank still keep nature decentraliztion in Bitcoin, I think this idea still very good. Look like as decentralization created by Waves platform, I think in someday, we will have a bank decentralization like my said Roll Eyes

.

hangar18

hero member

Activity: 676

Merit: 500

Quote from: Mr on September 11, 2017, 10:23:25 AM

Quote from: Text on September 11, 2017, 07:12:06 AM

Online wallets is enough for storing our bitcoins. Banking our coins takes time because it requires to file your documents and process it. But in e-wallets, so easy to access, manage and monitor because it is handy and we carry it we ever we go. We can make huge profits if we have only the full control to our btc through buy and sell.

Using online wallet means that you against bitcoin. Bitcoin is created for the decentralization while online wallet control your fund and other customers's bitcoin. Therefore, if you want to become a true bitcoiner, I suggest you should change to pc wallet or buy hardware wallet. It is more suitable. I have heard that many people have lost their money in those online wallets. Be careful

If like your said, we are trading cryptocurrency on the crypto market also against Bitcoin lol! Grin

I do not think that, because it depends our needed, we can use online wallet (Blockchain.info) or hard wallet (Trazor, Ledger Nano S) or desktop wallet (Electrum, Bitcoin-core) but still keep the decentraliztion of Bitcoin.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: OneUserOne on September 11, 2017, 09:47:30 AM

I find this idea interesting, though the whole concept of Bitcoin is to be completely different from a traditional bank, without any centralized system. And now we are going to the similar thing as with the traditional bank.
Bitcoin advantages is not to be the BANK, but to be absolutely the opposite.

Satoshi Nakamoto proposed and release bitcoin as a decentralized electronic/digital currency which we called as now as cryptocurrency. I think if someone used or create a bitcoin bank it will no longer be decentralized since bank was under the government.
And also why would someone need to have a bitcoin bank? Are they tired of collecting their money? They should be thankful that it is not controlled under the government because once the government was on it. Trust me you won't like it!

Fortress12345

member

Activity: 100

Merit: 10

Quote from: ABCbits on October 18, 2016, 11:51:47 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.

I also don’t agree with a “bitcoin bank” because it can be a contrast to one of the advantages of bitcoin that is it’s decentralization because I think if there is a bitcoin bank there’s going to have someone that will manipulate the bitcoins. And of course when there’s a bank there also a charges for it. I think I’ll just stick to my wallet and I only need to do is to make sure that it is safe. But I can consider Bitcoin bank if they can explain it to me on how it works and it’s difference to the normal banks.

Mr

sr. member

Activity: 309

Merit: 250

Quote from: Text on September 11, 2017, 07:12:06 AM

Online wallets is enough for storing our bitcoins. Banking our coins takes time because it requires to file your documents and process it. But in e-wallets, so easy to access, manage and monitor because it is handy and we carry it we ever we go. We can make huge profits if we have only the full control to our btc through buy and sell.

Using online wallet means that you against bitcoin. Bitcoin is created for the decentralization while online wallet control your fund and other customers's bitcoin. Therefore, if you want to become a true bitcoiner, I suggest you should change to pc wallet or buy hardware wallet. It is more suitable. I have heard that many people have lost their money in those online wallets. Be careful

Gabrieelle

sr. member

Activity: 364

Merit: 267

I think there is a reason why bitcoin doesn't have banks, even though we don't have banks to store our bitcoin we can assure ourselves that our bitcoin is being well kept in our own wallet it can be an online wallet or a hard wallet. We have been used to these things and it is much efficient for us I think having banks for bitcoin is not what people need.

OneUserOne

newbie

Activity: 56

Merit: 0

I find this idea interesting, though the whole concept of Bitcoin is to be completely different from a traditional bank, without any centralized system. And now we are going to the similar thing as with the traditional bank.
Bitcoin advantages is not to be the BANK, but to be absolutely the opposite.

xSkylarx

hero member

Activity: 2352

Merit: 594

What is the sense of having hardware wallet and other safe wallet if we are going to have a bitcoin bank because it will make those wallets that said useless because most of the people will prefer bitcoin bank rather than those wallet which is i am not agree with because it is hard to trust third party like banks.

wilwxk

sr. member

Activity: 476

Merit: 314

I think this idea its a chose of the customer, he needs to choose if he will save her bitcoins in a cold wallet or a site like coinbase, and we cannot change his decision, but the customers need to be reported about the risks about a hot storage of the money, in this moment i only see peoples using hot wallets because they dont know how to use a local wallet or peoples wich think theses site its more secure than the local wallet.

CataloniaFM

full member

Activity: 145

Merit: 100

🌟 eSports ICO: 01/11/2017 🌟

Quote from: Prettyme on September 11, 2017, 08:53:57 AM

Quote from: amacar2 on October 18, 2016, 12:19:32 PM

I completely disagree the idea of bitcoin bank i think we don't need it as bitcoin is meant to remain decentralized always and the idea of bank is to centralize bitcoin. Even some regulated web wallets like coinbase, xapo practice same restrictions like normal banks with lots of account lock down and KYC policies which is completely against what bitcoin was developed for.

I think since bitcoin has been popular to everyone even around the world I think bitcoin bank is a great idea. If this would be possible i think it is one of the steppingstone of bitcoin to be accepted by everyone of us even the government of China.

It's even difficult for me to imagine what kind of financial operations such a bank could carry out. He would be simply useless. And there are many risks and disclosure of anonymity.
No, I still do not agree with the idea of bitcoin bank

kucritt

full member

Activity: 616

Merit: 100

what is the purpose of bitcoin banks? i think its useless for us, because our bitcoin can work without bank or something like that, if we need to send or receive the money we can use it 24 hours in a day, i think its useless if bitcoin bank will make.
the best way is some services that receive the bitcoin payment, is more useful than bitcoin bank Cheesy

Prettyme

full member

Activity: 364

Merit: 100

Quote from: amacar2 on October 18, 2016, 12:19:32 PM

I completely disagree the idea of bitcoin bank i think we don't need it as bitcoin is meant to remain decentralized always and the idea of bank is to centralize bitcoin. Even some regulated web wallets like coinbase, xapo practice same restrictions like normal banks with lots of account lock down and KYC policies which is completely against what bitcoin was developed for.

I think since bitcoin has been popular to everyone even around the world I think bitcoin bank is a great idea. If this would be possible i think it is one of the steppingstone of bitcoin to be accepted by everyone of us even the government of China.

drwhobox

full member

Activity: 756

Merit: 133

- hello doctor who box

It's kinda werid to put a Bank that you can store Bitcoin on.

Well actually that's why satoshi created bitcoin at the first place just to get away from what you call "centralized" you are your own bank here just make a paper wallet then store it in a hidden place. That's why satoshi made bitcoin peer to peer because of banks making high fees.

kartiksgk

newbie

Activity: 19

Merit: 0

I guess using a bitcoin and bitcoin banks are very much different things
Because banks handles our account and know every single information about us or our source of income
And earning a bitcoin which is a considerably external topic . There are some banks for bitcoin like xapo, coinbase etc .
So by my point of view i dont lowkey support the idea of bitcoin bank..

leirou

member

Activity: 112

Merit: 10

I strongly disagree to this as far as I know with fiat currency is a centralize unit. But as for bitcoin / btc it is not and I would be glad it will remain the same as decentralize currency.

dimonstration

hero member

Activity: 2674

Merit: 696

Dimon69

Quote from: Text on September 11, 2017, 07:12:06 AM

Online wallets is enough for storing our bitcoins. Banking our coins takes time because it requires to file your documents and process it. But in e-wallets, so easy to access, manage and monitor because it is handy and we carry it we ever we go. We can make huge profits if we have only the full control to our btc through buy and sell.

I strongly agree online is enough than to have a third party like storing your coins in a bank cause in our time it is ok or much profitable the online aspect like look at our time now all is decentralized for some online so online wallet that we have to store are coins is enough.

siti25

hero member

Activity: 574

Merit: 503

Sometimes the Bank implements rules that are a bit detrimental to customers, I'm not sure many people will approve Bitcoin Bank because there may be rules that are also detrimental to bitcoin lovers. I think Bitcoin bank will even bother customers. I'm here disagree tends to not care, I mean I do not agree but do not really care.

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