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Topic: Do you agree with idea "Bitcoin bank" ? - page 43. (Read 142276 times)

legendary
Activity: 3122
Merit: 1140
I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.
Yes, it is true that having a bank for bitcoins is very safe but I think that's unnecessary, I never want to bring money to others hold. I feel we keep our money is still the safest, when the bank accepts bitcoin, bitcoin will have tax, it will affect my income. Banks only make bitcoin transactions fast and convenient but it will limit the development of bitcoin. I believe the government also does not accept bitcoin because they can not control bitcoin, so idea Bitcoin bank will not happen
Its really unneccessary and thinking off that we do have lots of wallets online or offline which can be used on storing bitcoin which means bitcoin banks wont really be needed at all from the very first place and as you said government wont really allow such thing that there would be a bitcoin bank since they cant really benefit at all and no bitcoin user will surely use that bank if the plan have been imposted.
hero member
Activity: 1316
Merit: 502
I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.
Yes, it is true that having a bank for bitcoins is very safe but I think that's unnecessary, I never want to bring money to others hold. I feel we keep our money is still the safest, when the bank accepts bitcoin, bitcoin will have tax, it will affect my income. Banks only make bitcoin transactions fast and convenient but it will limit the development of bitcoin. I believe the government also does not accept bitcoin because they can not control bitcoin, so idea Bitcoin bank will not happen
full member
Activity: 156
Merit: 100
I agree with the idea of bitcoin bank, with the bank then bitcoin bitcoin stored into a more safe and secure, otherwise it will create a bitcoin is legal and can be used in different transactions.
hero member
Activity: 713
Merit: 501
Most of us will not agree on this idea but when most of the countries started to regulated and adopt bitcoin.

We don't have choice because there is a possibility that this will happen. If you are very careful on what is happening on bitcoin.

You know that this bitcoin bank is very possible in future.

The government doesn't always have a choice. Tons of illegal stuffs are happening every day and the government cannot control it. Just like how they cannot control us using bitcoins. They cannot regulate it since its decentralized. And regulating bitcoins will destroy the coin. That will make people just move to a different coin. Honestly, what's the point of using bitcoins when the government has control of it. The whole point of bitcoin and most cryptocurrencies is to remove the government from our transactions.

Bitcoin bank is truly possible although it would be pointless to most but bitcoin being regulated by the government is very unlikely.
hero member
Activity: 1134
Merit: 517
I like the idea especially if it generates few bucks as interest.
Sounds interesting! have you ever asked yourself the reason people across the globe are uninterested in banks interest on deposits as source of income? I will tell you, they pay peanuts and turn around to make huge profits out of them.

Quote
But then again if it needs to be registered it will be under heavy regulations and anonymity will be lost. Hard to imagine and trust an online decentralized bank. Let us just consider these exchanges as our banks without interest and insurance though.
Regulation would simply mean, it seizes to be Bitcoin and anonymity of any sort would be history, because the complete data of any user would be only a click away.
hero member
Activity: 1274
Merit: 622
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, I don't agree with this idea. I mean, as for me, this is one of the biggest advantages of bitcoin - that you don't have to use banks, you can keep them safe in your wallet, maybe even safer than in some of the banks and noone is able to control bitcoin. But on the other hand, if more people used BTC banks, then maybe it would be a step forward for more governments to accept bitcoin and make it more widespread, by allowing to make payments with it wherever you want.
legendary
Activity: 2646
Merit: 1106
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I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
Yes, I also do not agree with the idea of bitcoin bank, because it will make the bitcoin and real money is the same. In addition, the existence of bitcoin bank then applied the rules such as verification of your original data.
Saving the bitcoin yourself would be much safer than you keep it on a third party like a bank. Because they control your bitcoin along with your identity. Whenever they can be a scam.
Yeah, such situation might happen. The reason is that bitcoin price is continuously growing as well it is described that it reaches very high price. So by that time third party service banks will try to have control of our bitcoin holding it and not allowing to withdraw on our requirement.
legendary
Activity: 2534
Merit: 1338
Quote from: ETFbitcoin link=topic=1652815.msg16605982#msg16605982 date=
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 think is not stupid idea
bitcoin bank is good, moreover bitcoin bank is real company real bank, you can withdraw fiat money to bitcoin bank office
deposit, withdraw bitcoin only one office, real office, so bitcoin user can seasy exchange bitcoin to fiat money
Bitcoin in itself is an statement against banks and their power, so while it is possible a bitcoin bank comes to happen most of the users are against it because we understand the underhanded tactics that bankers use to get things done and we don’t want to have anything to do with that.
sr. member
Activity: 594
Merit: 253
I like the idea especially if it generates few bucks as interest. But then again if it needs to be registered it will be under heavy regulations and anonymity will be lost. Hard to imagine and trust an online decentralized bank. Let us just consider these exchanges as our banks without interest and insurance though.
sr. member
Activity: 476
Merit: 250
I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
Yes, I also do not agree with the idea of bitcoin bank, because it will make the bitcoin and real money is the same. In addition, the existence of bitcoin bank then applied the rules such as verification of your original data.
Saving the bitcoin yourself would be much safer than you keep it on a third party like a bank. Because they control your bitcoin along with your identity. Whenever they can be a scam.
hero member
Activity: 1050
Merit: 529
Student Coin
yea, i agreed bitcoin bank because btc wallet high charge. so i agreed btc bank.
So do you think it will give you a lower fee if there will be a bitcoin bank, I think it will also increase the fee just like the real
bank. As much as possible we have to retain the decentralized and banks will surely eliminate it.
sr. member
Activity: 672
Merit: 250
yea, i agreed bitcoin bank because btc wallet high charge. so i agreed btc bank.
sr. member
Activity: 2198
Merit: 273
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I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
Yes, I also do not agree with the idea of bitcoin bank, because it will make the bitcoin and real money is the same. In addition, the existence of bitcoin bank then applied the rules such as verification of your original data.

If you object to this idea, then don't ever hope about the rules and all the civilizations you've always dreamed of. Which I think is not a separate bank establishment, but a conventional bank that is integrated by adopting a peer to peer system from bitcoin. If you don't want a bitcoin pair with fiat, then bitcoin will never have any value at all.
hero member
Activity: 3038
Merit: 634
Most of us will not agree on this idea but when most of the countries started to regulated and adopt bitcoin.

We don't have choice because there is a possibility that this will happen. If you are very careful on what is happening on bitcoin.

You know that this bitcoin bank is very possible in future.
member
Activity: 364
Merit: 10
Pawsome
I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
Yes, I also do not agree with the idea of bitcoin bank, because it will make the bitcoin and real money is the same. In addition, the existence of bitcoin bank then applied the rules such as verification of your original data.
hero member
Activity: 1050
Merit: 529
Student Coin
I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
You always have the option to store your money in bitcoin bank or save it in your wallet.
For me also, I think bitcoin bank is not necessary anymore, people are already satisfied with the current set up.
We have online and offline wallet and that is perfect already, at least we are free from the government intervention.
sr. member
Activity: 1372
Merit: 348
Quote from: ETFbitcoin link=topic=1652815.msg16605982#msg16605982 date=
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 think is not stupid idea
bitcoin bank is good, moreover bitcoin bank is real company real bank, you can withdraw fiat money to bitcoin bank office
deposit, withdraw bitcoin only one office, real office, so bitcoin user can seasy exchange bitcoin to fiat money

What is the point of moving to Bitcoin if you will still practice what is being practiced in fiat currency?  As far as I know the reason why we are in Bitcoin is to avoid such third party people.  Bank is evil, they exploited us, using our deposited Money and still you wanted them to exploit us with our Bitcoin?
hero member
Activity: 798
Merit: 500
I will not agree in this statement of bitcoins bank.I dont feel secure storing my money on my bank,yes  it is secured but i like handling my own money by myself.
legendary
Activity: 2534
Merit: 1338
I think there will be eventually a bitcoin bank but it is never going to be as successful as their fiat counterparts for the simple reason that many users will never allow themselves to give up their freedom and privacy just for a very small percentage a year.
newbie
Activity: 30
Merit: 0
I think this is a big  NO.We know that every banks aim for one only goal.That is to centralize an decentralize financial system.And bitcoin is a decentralized cryptocurrency and if banks do happen many changes will happen in bitcoins.So i think having bitcoin banks is not good for all of us bitcoin users.
Correct, banks will aim to try to get control over the network so we must avoid the construction of a bitcoin bank, in a way this reminds me of the fight against the creating of an American central bank that happened and we know how that ended the Federal Reserve was eventually created.
There is no way bitcoin banks will be establish if people would not allow it, we want the same system that we are using now, we can simply transact online without the need of a third party and we know banks in real world is govern by the central bank and we are not sure if people who govern are really willing to serve the interest of the people. Here in bitcoin, we are all equal and we have freedom since we can transact anything and anytime we want.
Don’t make a mistake, the only reason a bank of bitcoin has not been created is because it is not going to be successful because we know the truth but when adoption increases to the point the average person uses bitcoin then you can be sure bitcoin banks will being to exist because th average person does not know the truth.

Yes, I agree with you. If bitcoin becomes popular, then there will be different services that will be intermediaries between users and bitcoins. Maybe this role will be taken by banks
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