Topic: Do you agree with idea "Bitcoin bank" ? - page 73. (Read 142276 times)
Honestly I dont really like the Idea of having a bank for bitcoin since your bitcoin was gonna be controlled by a third parties institution and of course when you apply for a bank account they need your personal information many people here don't want to invade their privacy another thing if the bank close in whom your gonna chase to gain your bitcoins back ? since bitcoin is meant to be anonymous , why don't you just stored it in your personal wallet and become you own bank?
No, I really don't agree with the idea of a bitcoin bank in any way. Because a lot of questions needs to be answered. Bitcoin is still not aaccepted in majority of the countries. Either the government banned it or they just don't simple bother.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
You take things way too seriously. It will be just a service that even you could have started up. Just start up an exchange with a wallet service, where you also happens to give out loans, or allow users to lend Bitcoin to each other. If you so wish you could even offer people interest over the coins that people store in your exchange. Give yourself a fancy name where the word bank is included, and voila, there you have your Bitcoin bank. I have to note that there are already several exchanges that offer a platform where users can lend Bitcoin to each other, so the first steps are already set. And while it's a horrible idea to use exchanges as wallet, it is possible even though it's not convenient. If you look at it from that point, then these exchanges are very close to being a Bitcoin bank.
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with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
I dont think govenrment will ever accepting bitcoin, that is why bitcoin bank will never appear, by accepting bitcoin, it means the government will lose the power to control the tax and the transaction, the only way fro government to accept bitcoin is to treat bitcoin same way as fiat, so the government will ask you to provide information for every transcation you made
So, they seem will never implement bitcoin as payment method to their government's instances
with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
I dont think govenrment will ever accepting bitcoin, that is why bitcoin bank will never appear, by accepting bitcoin, it means the government will lose the power to control the tax and the transaction, the only way fro government to accept bitcoin is to treat bitcoin same way as fiat, so the government will ask you to provide information for every transcation you made
That's good to enjoy both depending upon the requirement. Bitcoin banking when created will function same as now with miners sitting inside the bank and helping the users. Such implementations will help the public who lack in technology but would like to be a part of the growing digital asset.
with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
I dont think govenrment will ever accepting bitcoin, that is why bitcoin bank will never appear, by accepting bitcoin, it means the government will lose the power to control the tax and the transaction, the only way fro government to accept bitcoin is to treat bitcoin same way as fiat, so the government will ask you to provide information for every transcation you made
with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
I dont think govenrment will ever accepting bitcoin, that is why bitcoin bank will never appear, by accepting bitcoin, it means the government will lose the power to control the tax and the transaction, the only way fro government to accept bitcoin is to treat bitcoin same way as fiat, so the government will ask you to provide information for every transcation you made
with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
I dont think govenrment will ever accepting bitcoin, that is why bitcoin bank will never appear, by accepting bitcoin, it means the government will lose the power to control the tax and the transaction, the only way fro government to accept bitcoin is to treat bitcoin same way as fiat, so the government will ask you to provide information for every transcation you made
with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
No, I really don't agree with the idea of a bitcoin bank in any way. Because a lot of questions needs to be answered. Bitcoin is still not aaccepted in majority of the countries. Either the government banned it or they just don't simple bother.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
Exactly. Even if there are trusted people behind that bitcoin bank but i wonder why people would give their bitcoins to them just to keep them while they can do it without involving any third party simply in their computers or in internet.
No, I really don't agree with the idea of a bitcoin bank in any way. Because a lot of questions needs to be answered. Bitcoin is still not aaccepted in majority of the countries. Either the government banned it or they just don't simple bother.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
Exactly. Even if there are trusted people behind that bitcoin bank but i wonder why people would give their bitcoins to them just to keep them while they can do it without involving any third party simply in their computers or in internet.
No, I really don't agree with the idea of a bitcoin bank in any way. Because a lot of questions needs to be answered. Bitcoin is still not aaccepted in majority of the countries. Either the government banned it or they just don't simple bother.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
Also if a bitcoin bank is created, who will be the owner of the bank? Who will regulated the bank? Who will audit the bank? A big trust factor is there.
with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized.but if it happened it would be very nice for bitcoin
Bitcoin bank would not be bad, but I don't think that it is really necessary to have one. Since bitcoin could be converted into fiat without and with a less profit for the online that our bitcoin are being restored, then, I guess there is no reason to have bitcoin bank since we are just going to withdraw our fiat in bank after we converted it. Bitcoin bank would just take advantage to us and would have high exchanging profit since they are the only bitcoin bank and people could withdraw easily from them.
I think it will never happened like i said banking system and bitcoin opposite. But in the future i believe all commerce sites will use bitcoin. and Soon we see the End of banks altogether and only bitcoin used everywhere.
Creating a bitcoin bank destroys the whole idea of bitcoins for me. If you have a bitcoin bank, you can't be anonymous. The whole point of using bitcoins is being anonymous. But then again, the extra interest from the bank would be nice XD
I dont believe this idea. I think it is impossible. Existing banking system contrary to bitcoin. If banks accept bitcoin then bitcoin price will be very low. 
Bitcoin Bank is a good idea. But for getting bank license I think government should approve it. So practically its not possible.If suppose government gives approval , then the bitcoin cant be used anonymously.Because government will collect all the details of the person who is dealing with it. then there wont be any difference between fiat currency and bitcoins. Instead of bank some sort of private financial institution can be set up which doesnt involve government procedures. If such thing is there , it will be easy for people to exchange bitcoins with fiat money. Another thing is it will be easy for lending bitcoins . If you know the person whom we are giving bitcoins it will be easy also. Both client and customer will be happy because they know with whom they are dealing with instead of dealing with a unknown person in the internet.
There is already such a thing
Just in case, it is called a Bitcoin exchange, and there are quite a few of them out there. Some exchanges even let their clients lend their coins to other clients at an interest (which is the basis of Bitcoin marginal trading, by the way), and look after the fulfillment of marginal requirements by the borrowers, forcefully closing their positions if they can no longer match these requirements (i.e. preventing them from defaulting on the loans they have taken). Other exchanges even pay an interest themselves on the funds held in the exchange accounts
Bitcoin Bank is a good idea. But for getting bank license I think government should approve it. So practically its not possible.If suppose government gives approval , then the bitcoin cant be used anonymously.Because government will collect all the details of the person who is dealing with it. then there wont be any difference between fiat currency and bitcoins. Instead of bank some sort of private financial institution can be set up which doesnt involve government procedures. If such thing is there , it will be easy for people to exchange bitcoins with fiat money. Another thing is it will be easy for lending bitcoins . If you know the person whom we are giving bitcoins it will be easy also. Both client and customer will be happy because they know with whom they are dealing with instead of dealing with a unknown person in the internet.
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.
Yes ofcourse, I agree the idea about bitcoin bank. It help us so much by banking our bitcoin. And if the bitcoin bank is almost similar of bitcoin wallets , I probably say no. Cause it is the same. 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.
Creating a bitcoin bank destroys the whole idea of bitcoins for me. If you have a bitcoin bank, you can't be anonymous. The whole point of using bitcoins is being anonymous. But then again, the extra interest from the bank would be nice XD
That's true, but bitcoin is not fully anonymous right? I think it's just fine, but why would we create a bitcoin bank, what's the use of the exchanges, and just adding up some concept from bank like lending and the way we have account there, like savings account and time deposit accounts. But I still doubt that it will happen, and as I've said before, what kind of security will they offer? if it is just the same as what exchanges are offering, I'll better go with exchange.
Creating a bitcoin bank destroys the whole idea of bitcoins for me. If you have a bitcoin bank, you can't be anonymous. The whole point of using bitcoins is being anonymous. But then again, the extra interest from the bank would be nice XD
That's true, but bitcoin is not fully anonymous right? I think it's just fine, but why would we create a bitcoin bank, what's the use of the exchanges, and just adding up some concept from bank like lending and the way we have account there, like savings account and time deposit accounts. But I still doubt that it will happen, and as I've said before, what kind of security will they offer? if it is just the same as what exchanges are offering, I'll better go with exchange.
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