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Topic: Do you agree with idea "Bitcoin bank" ? - page 51. (Read 142276 times)

hero member
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bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money.
but i think bitcoin has do not need any bank because bitcoin system is very much stable than bank and bitcoin charges is very much lower than bank and there is no tax are apply on bitcoin.
sr. member
Activity: 812
Merit: 251
bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.

Don't just look at one side of the issue, have you thought of the possibility of centralization if Bitcoin banks are encouraged? The governments will start having control over our finances again in such a circumstance and so will centralization ensue.
legendary
Activity: 1232
Merit: 1091
Why i need bitcoin bank while i have bitcoin to use whole system was about being able to be own bank to oursellves that is why Bitcoin bank is failed system

Why do people need online wallets when they can also use a desktop wallet? It's nothing more than an optional service that you can use if you so wish. No one really forces you to do anything. Is it better in terms of security to store everything within your own control range? Sure. But that doesn't mean people shouldn't use online wallets at all. People in most cases choose the convenience of online wallets over the security that desktop wallets offer.
sr. member
Activity: 333
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Why i need bitcoin bank while i have bitcoin to use whole system was about being able to be own bank to oursellves that is why Bitcoin bank is failed system
hero member
Activity: 1022
Merit: 500
I do not agree with Bitcoin integrated in banks because if Bitcoin will be integrated in banks then we will have to pay for transaction fees beside the miners. I am using Bitcoin because there is no 3rd party that controls my transaction, another thing we will not become anonymous if we do have Bitcoin banks because in banks you need your personal details in order to open a bank account.
Yes, you are correct and I think 99% of the bitcoin fanatic are not agree with the bitcoin bank. Because if that happen bitcoin will be no difference in the it will become regulated industry just like an ordinary bank in the public. And I do believed this things will not be push through because I knew the power of decentralization of bitcoin which even SEC who rejected by the ETF can't do about in bitcoin to control it.
legendary
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bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money.
All the functions and benefits you are saying can be done by the Bitcoin Wallets in itself, I don't know why having Bitcoin Banks will benefit us all. Because people will know that kind of currency is being accepted by a bank? I don't think so because it is the person's choice if he/she wants to use that bank's service or not. Also there is no real use of Bitcoins on banks, I even think that it will restrict or limit your usage of your Bitcoins

eg. you need to access your account first before you can do transactions unlike Bitcoins on your wallet in which you just access your app and its done

It is still essentially six of one and half a dozen of the other

To make transactions just accessing your personal wallet is not enough, you should also have an operating Internet connection, obviously. But if you have Internet access, there is no particular difference between accessing your desktop wallet, web wallet or bank account (in terms of user experience). Regarding Bitcoin banks, more specifically, if these will be the services offered by out regular banks, there will be a host of advantages before both desktop and web wallets
legendary
Activity: 3080
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bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money.
All the functions and benefits you are saying can be done by the Bitcoin Wallets in itself, I don't know why having Bitcoin Banks will benefit us all. Because people will know that kind of currency is being accepted by a bank? I don't think so because it is the person's choice if he/she wants to use that bank's service or not. Also there is no real use of Bitcoins on banks, I even think that it will restrict or limit your usage of your Bitcoins

eg. you need to access your account first before you can do transactions unlike Bitcoins on your wallet in which you just access your app and its done.
Bank and bitcoin wallet has different funds and bank in real world does operate with fiat only, I guess it's better to have a separate bank account and a wallet as well, the current situation gives us the satisfaction already and there is no need to have a bigcoin bank. I believe all we need is freedom and we were able to experience that in bitcoin and personally I do not want to take that away from me.
hero member
Activity: 1680
Merit: 655
bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money.
All the functions and benefits you are saying can be done by the Bitcoin Wallets in itself, I don't know why having Bitcoin Banks will benefit us all. Because people will know that kind of currency is being accepted by a bank? I don't think so because it is the person's choice if he/she wants to use that bank's service or not. Also there is no real use of Bitcoins on banks, I even think that it will restrict or limit your usage of your Bitcoins

eg. you need to access your account first before you can do transactions unlike Bitcoins on your wallet in which you just access your app and its done.
full member
Activity: 224
Merit: 100
bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money.
legendary
Activity: 3248
Merit: 1160
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Bitcoin doesn't need a bank because we have already our own online wallet and exchanges. We can fully make it secured and protected, we can multiply our coins by very well known methods which are really profitable. I can manage my BTC at my own best.
I agree, the whole point of the banks is to give people a place where they could store their paper money, because walking around with many dollars in your pocket was not a smart idea and leaving them at home was not a very good idea, and people wanted to use their money when they want you so banks and credits were the solution, but with the bitcoin we have the option to use money everywhere while it is stocked in our online wallets so there is no point of having a bank for them.
Banks are very strict once we put our money in our deposit, they'll monitor our transactions which I do not like because I feel unsafe on that especially when I have a big amount of deposit. I understand that this world is a risky place to live and there are people who are working hard to get your information and use that to take advantage on you, with bitcoin it's not possible as we are completely safe and we can hide from the criminals.
legendary
Activity: 938
Merit: 1002
Bitcoin doesn't need a bank because we have already our own online wallet and exchanges. We can fully make it secured and protected, we can multiply our coins by very well known methods which are really profitable. I can manage my BTC at my own best.
I agree, the whole point of the banks is to give people a place where they could store their paper money, because walking around with many dollars in your pocket was not a smart idea and leaving them at home was not a very good idea, and people wanted to use their money when they want you so banks and credits were the solution, but with the bitcoin we have the option to use money everywhere while it is stocked in our online wallets so there is no point of having a bank for them.
hero member
Activity: 1190
Merit: 500
bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
of course the government will begin to consider the legality of bitcoin if the project bitcoin bank is successful ?
because only with bitcoin bank. the government can exercise control on the user?
legendary
Activity: 1147
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The whole idea of bitcoin is that you can be your own bank.

Banks are leeches of the economic system, you don't need banks.

Right, the idea of a Bitcoin holder trying to hold other people's Bitcoin is really odd. For one thing, any Bitcoin holder that has read up on Project Bitcoin knows that fiat is monopoly money and Bitcoin is a better method to Bitcoin holder's getting their money placed in one area without the means of someone else running away with Bitcoin holder's money someday.
Novice Bitcoin holder's could see the idea and go with it though they'll just learn from experience further down the road to not do that ever again.

right,besides there is no need for holding ones bitcoin ,for we alone an hold or monitor our own bitcoin , without having any doubt. We alone the responsible on what ever we wanted to do in our bitcoin. Our wallets offers lots of features like transferring and services that are like in banking. So better learn to use are bitcoin wallets than to join in bitcoin bank that for sure will pay for every transaction to do.
legendary
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bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
hero member
Activity: 868
Merit: 500
Im my own bank i dont need any other companies with plenty control over my bitcoins at all, im able to get a decent fee from lending and investments i do make, soo why do i need bank?
Sure it would be good to go to a bank and use btc as colateral for a loan, but those wont happen.
legendary
Activity: 1190
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The whole idea of bitcoin is that you can be your own bank.

Banks are leeches of the economic system, you don't need banks.

Right, the idea of a Bitcoin holder trying to hold other people's Bitcoin is really odd. For one thing, any Bitcoin holder that has read up on Project Bitcoin knows that fiat is monopoly money and Bitcoin is a better method to Bitcoin holder's getting their money placed in one area without the means of someone else running away with Bitcoin holder's money someday.
Novice Bitcoin holder's could see the idea and go with it though they'll just learn from experience further down the road to not do that ever again.
sr. member
Activity: 1435
Merit: 250
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If the project what you mean an impact of good , what is wrong ? maybe it has been a piece of work those who want to extended . ~


Well, if "Bitcoin bank" gives the best effect for everyone, of course it is a good idea ..

But, in my view, if bitcoin bank exists. Course there will be those who will control it. By doing so, bitcoin is no longer anonimity.
I am agree with your point of view. I count the Internet where bitcoin is few as one global bank of bitcoins without any controller. I don't see it necessary to create special place to be a bitcoin bank.
The thing is  we are not looking for bitcoin bank anymore as we are satisfied with the exchanges and they can cater our needs. I do believe that there is nothing to chance when the current system is working perfectly, everything should be retain and we should not let our freedom to be taken away from us because of the possible measures a bitcoin bank would implement.
The point look i think man, i did not agree if anyone control bitcoin. Because their opinions i first met bitcoin, i believe this of going into solution the unemployed or one who harassed.
Do not know what i will just thought bad. According to an analysis i might they are the government ~
You know own history the government is what ?
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
Bitcoin doesn't need a bank because we have already our own online wallet and exchanges. We can fully make it secured and protected, we can multiply our coins by very well known methods which are really profitable. I can manage my BTC at my own best.
legendary
Activity: 1106
Merit: 1005
The whole idea of bitcoin is that you can be your own bank.

Banks are leeches of the economic system, you don't need banks.
legendary
Activity: 1470
Merit: 1024
I oppose to this idea, because if there are this type of banks in somewhere, most probably, we cannot say that Bitcoin is a decentralized system and your money will be controlled by a government or a monopoly. Bitcoin attracts us with this idea of a decentralized economy. However, this kind of opinion is far away from very soul of Bitcoin. Sometimes, I thought that this type of topic created by a state-government officials controls, Lol.
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