I think that the Bitcoin Bank may be good for newbie users, cause nowadays is easy to forgot your password, lost backup file etc.
(inconsequence lost ur money)
In the bank u can forget everything but u always can recoup things which belong to you. Here you must take care more about yourself, so for many it can be uncomfortable in my opinion.
But BTC destiny is to be decentralized(as everywhere is describe), BTC has a lot of advantages but also some disadvantages (like these listed). And it's your choice what is more important for you or what you do need more.
Topic: Do you agree with idea "Bitcoin bank" ? - page 28. (Read 142276 times)
The idea of crypto currencies is to avoid third parties. Using Bitcoin bank means you don't own your money.
It's against decentralizing idea.
It's against decentralizing idea.
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 don't agreed with the bitcoin system, because this things has been implement bitcoin will not be longer decentralize, since we knew that bitcoin bank was centralized while bitcoin is not we are free to control our own holding coins unlike in bitcoin bank is not. 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.
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.
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 think its fine we have bitcoin bank but since not all people and government who agree bitcoin is legal thing , it needs more presentation and requires so much time to implement it on the world, but its a great things if it will happen soon
its good when we have bitcoin bank, but it will cost more usual.
bitcoin's bank need fund, and we must pay for it.
and its better when we just keep bitcoin in our wallet than in the bank, no fee and more save.
bitcoin's bank need fund, and we must pay for it.
and its better when we just keep bitcoin in our wallet than in the bank, no fee and more save.
The bitcoin motto itself has been written "be your own bank" so this is a plus point and capable decentralized. But if it is already regulated, the only two bitcoin options are opening a branch office in the country or the system is acquired by a legal bank.
Yes i do agree with bitcoin bank because it will serves as our fund in which our bitcoin can be stored. But at some point, it's not 100% reliable because sometimes, there were some errors that occur in releasing funds in that bitcoin account.
Well now that we are currently having Bitcoins ATM's all around the place, it was only a matter of time that Bitcoin Bank started coming into existence, but the whole problem with the implementations is that, Will the institution overseeing banking regulation allow bitcoins to have their own bank. This will take a lot of convincing before it can be done. 
yea,
I agree with idea "Bitcoin bank".because secure transactions through banks.Besides, debit cards, ATM, life insurance etc are available in bank.Now you say if Bitcoin bank will be better?
I agree with idea "Bitcoin bank".because secure transactions through banks.Besides, debit cards, ATM, life insurance etc are available in bank.Now you say if Bitcoin bank will be better?
dont agree. no, without bitcoin's bank, bitcoin save.
i mean it more save if you hold by yourself than you put in bank.
and maybe in bank you got fee/tax.
Well, you definitely gonna have to pay for the taxes if you put your money to the bank but I don't know on what basis because if the value will increase you earn profit from you original investment, maybe the tax will come the moment you withdraw or cash out your money which is not favorable on our part because if the value decline they would not do anything to help us. I think bank is not just meant for the crypto currency, it's decentralized and bank are centralized. i mean it more save if you hold by yourself than you put in bank.
and maybe in bank you got fee/tax.
A good idea, but what form of bank should be designed for bitcoin itself. Perhaps by combining the pyroclastic money with bitcoin will be able to form a bitcoin bank
dont agree. no, without bitcoin's bank, bitcoin save.
i mean it more save if you hold by yourself than you put in bank.
and maybe in bank you got fee/tax.
i mean it more save if you hold by yourself than you put in bank.
and maybe in bank you got fee/tax.
There are already a number of banks in the currency of the Bitcoin but they are still electronic banks and not real on the ground and I think they need time to implement to ensure rights and responsibility
No. A bitcoin bank is a bad idea.
Banks already right now use fractional lending and only keep 10% on hand. If a bitcoin bank existed they would likely do this, lend out a bunch of IOUs that are worth nothing but trusting that bank. It is the exact opposite of what we want to have happen in the bitcoin world.
We want decentralization, not centralized banks who control your private keys(bitcoins).
bitcoin is a free payment that we can use anywhere without any time requirement we can use bitcoin for payment we can pay our bill through bitcoin. The market value of the bitcoin will be increase if it will be use with more high price and with high transaction but banks will make bitcoin bound because the banks has a lot of formalities to be fulfill so bitcoin is good to have just in wallet instead of in banks. Banks already right now use fractional lending and only keep 10% on hand. If a bitcoin bank existed they would likely do this, lend out a bunch of IOUs that are worth nothing but trusting that bank. It is the exact opposite of what we want to have happen in the bitcoin world.
We want decentralization, not centralized banks who control your private keys(bitcoins).
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 disagree completely with this idea bitcoin is supposed to be decentralized and you need to be your own bank what is the point of giving up the liberty given to us by satoshi what could banks give to people so they willingly give up their freedom once again. 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.
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.
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 think its fine we have bitcoin bank but since not all people and government who agree bitcoin is legal thing , it needs more presentation and requires so much time to implement it on the world, but its a great things if it will happen soon
if we talk about bitcoin bank you can consider your bitcoin wallet as bank, you can keep it to safety that you are the only one who have the full access on it. its safer than letting the bank to hold it for you. and aside from that, it is more convenient to keep it on your wallet so its a no. i dont agree with bitcoin bank.
No
I disagree, according to the history I read! A new model virtual currency system that is completely unbound by any party or authority. Bitcoin users feel free to use or spend it anytime
I disagree, according to the history I read! A new model virtual currency system that is completely unbound by any party or authority. Bitcoin users feel free to use or spend it anytime
I agree with this idea. If there is a bank for bitcoin, bitcoin storage will become more convenient and secure. You can use online wallet to store your bitcoin, but it can be easily hacked by hackers. They can access every way to receive personal information. Steal your wallet
Well, that depends on the rules to be implemented by the bank, based on my experience it's more safe now because we are in control of our own money and we not need bank to do that for us. We can always keep our personal information and important
information to access our bitcoins and we alone has the knowledge on that. Having said that, I believe it's the real security from the real theft.
I agree with this idea. If there is a bank for bitcoin, bitcoin storage will become more convenient and secure. You can use online wallet to store your bitcoin, but it can be easily hacked by hackers. They can access every way to receive personal information. Steal your wallet
Yes i do agree with bitcoin bank because it will serves as our fund in which our bitcoin can be stored. But at some point, it's not 100% reliable because sometimes, there were some errors that occur in releasing funds in that bitcoin account.
I don't agree on bitcoin bank, it really annoys me when someone of my property is in the hands of others. I want it in my personal account, I hold it so I can spend anytime the way I wanted. In bitcoin bank once you have in it they can monitor all your transactions. Jump to: