Do you agree with idea "Bitcoin bank" ? - page 75.

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Quote from: mornabo on January 11, 2017, 05:32:32 PM

Quote from: Zigsss on January 11, 2017, 04:21:36 PM

I do not think that we need it at all, we all ready have online wallets and I think that is okay and nothing more is needed.

I think that's not a problem, even if you do not need it, but it may be users out there will need them. I think it does not matter if it was made, you're free to use your wallet or bank

I do kinda agree that even though certain people don't like the idea (I am one of them) of having a so called Bitcoin bank, that there may be plenty of people liking it. That's why it's great to have the freedom to choose whichever service you want to make use of. But the main thought behind them liking such an initiative, is that they either earn interest over their coins, or that they get a feeling of fake security as they think it will be comparable to how traditional fiat banks operate. But then again, if these people like it, then so be it.

Qunenin

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Quote from: Viakor on January 11, 2017, 04:12:41 PM

I think that a bitcoin bank can be good but it will be less more anonymous and I think due to that a lot of people will be against it.
The fact is also that we not really need it too.

As the government still cannot be able to completely impose a tax for bitcoin users , so if ever that bitcoin is already Centralized and Controlled by Organizations/Authority by Bitcoin Bank, would you still be using and supporting bitcoin ?

stingers

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Quote from: MMA on January 08, 2017, 03:16:42 PM

Quote from: stingers on January 08, 2017, 10:26:30 AM

Quote from: bitbunnny on October 18, 2016, 12:42:14 PM

I think that we don't need to discard this idea at start. Of course that Bitcoin users have negative opinion when banks are mentioned because they probably think on traditional banking system that Bitcoin is total oposite to. I feel that too. But for Bitcoin bank we can use the best banking features and discard all the worst. I'm not saying that I'm 100% for Bitcoin bank but I'd like to say that this idea maybe could be more developed and adjusted to the Bitcoin.

" for Bitcoin bank we can use the best banking features and discard all the worst".... Why do you think current banks discard the worse and use the best features? ...it's because this is how banks earn, a perfect bank for consumers will be a bank in loss.

but to me i think still there is no need of bitcoin banks, because still the bitcoin users can use online wallet for saving bitcoin, i think using online wallet is the most easy way of using it as you do not need to visit a bank and use card or checkbook for withdrawal of your bitcoins.

Exactly! Banks need to stay out of bitcoin, there is no need for banks and decentralizing the beautiful concept of bitcoins. Sadly i don't think its possible... banks will interfere and its inevitable, banking is one of the oldest known business and it won't go down easy.

Qunenin

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Quote from: Taki on January 10, 2017, 10:09:15 AM

Do this bitcoin bank will work the same as an ordinary one? Well, I don't see the sense in this idea. To create something new and separated, all that will ask costs. better would be an ordinary bank would start to work with bitcoin. That seems me much more easy.

There is a big changes if this thing will happen. Like individual traders will lost their profit or job because there’s bank already where people will indulge their money to. And yes for sure it will cost much more than now. And I guess it will take time to make bank accept bitcoin because firstly government must approve the virtual money.

wahb

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Quote from: Zigsss on January 11, 2017, 04:21:36 PM

I do not think that we need it at all, we all ready have online wallets and I think that is okay and nothing more is needed.

yes i also agree with you. i also think that online wallets are enough t be use for shopping and spending bitcoin. but to me i think in future banks will also accept bitcoin and they may be create online wallet system for bitcoins.

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Quote from: bitllionaire on January 11, 2017, 03:27:39 PM

Quote from: BossMacko on January 10, 2017, 12:13:13 PM

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 i also do not agree with with bitcoin banks. to me i think the online wallet is the best option. online wallet is more easy to access without any delay and is more trusted.

Delays will come to any online wallets. You just happen to not experience it yet.
We dont really know how this bitcoin bank will work. What is it something like sperm bank whwre we deposit our sperms. Lol.

A great percentage of people will think it will be more likely a bank and they will get to understand it easily. If it is just for a name then it is good. But if it works like how "banks" work now then it might be a bad thing.

onnz423

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I think that centralization does not really suit bitcoin, but that is just my opinion. I think that only valuable choice would be registered company operating under some license and of course holding (and insuring) the bitcoin for you. I think that some interest rates should be applied too, if someone adapts this idea.

virtualkeybuyer

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Quote from: Zigsss on January 11, 2017, 04:21:36 PM

I do not think that we need it at all, we all ready have online wallets and I think that is okay and nothing more is needed.

But online wallets are also working like banks only the fess are lower what the banks will ask if they adopted bitcoins. Sometimes we think that these third party are securing our bitcoins but these are also risky to give or bitcoins to a third party.

mornabo

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Quote from: Zigsss on January 11, 2017, 04:21:36 PM

I do not think that we need it at all, we all ready have online wallets and I think that is okay and nothing more is needed.

I think that's not a problem, even if you do not need it, but it may be users out there will need them. I think it does not matter if it was made, you're free to use your wallet or bank

achillez

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The purpose of a Bitcoin Bank is twofold: security, and ideally some %interest back. The security is most important, I think what is holding back Bitcoin is people are fearful of being ripped off by an exchange, lose their wallet or whatever. When I have a $10k in the bank I have no fears the bank will lose my money... this is not the case with current bitcoin exchanges. We *really* need a reliable Bitcoin bank that is insured, and people can trust.

Zigsss

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I do not think that we need it at all, we all ready have online wallets and I think that is okay and nothing more is needed.

Viakor

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I think that a bitcoin bank can be good but it will be less more anonymous and I think due to that a lot of people will be against it.
The fact is also that we not really need it too.

KingdomHearts

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Quote from: bitllionaire on January 11, 2017, 03:27:39 PM

Quote from: BossMacko on January 10, 2017, 12:13:13 PM

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 i also do not agree with with bitcoin banks. to me i think the online wallet is the best option. online wallet is more easy to access without any delay and is more trusted.

yeah a lot of people do not agree with bitcoin bank because people like to use online service of bitcoin and bitcoin online transaction is very much faster than bank so a lot of people using bitcoin in huge amount.

bitllionaire

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Quote from: BossMacko on January 10, 2017, 12:13:13 PM

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 i also do not agree with with bitcoin banks. to me i think the online wallet is the best option. online wallet is more easy to access without any delay and is more trusted.

Frank Alister

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If I can buy bitcoins with no fees and I can cash out with the same way, it will be be a great idea. And it would be perfect if there were everywhere bitcoin ATMs. I hope that day come soon Grin

terrate

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Not agree. I love online wallet but not bitcoin bank.

because it will make bitcoin become like real bank, easily control by bankers and government.
btc will lose one of its function, numerous.

layoutph

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The best bitcoin bank is our own PC and phones. Just make sure to backup your bitcoin money and save the password phrase into safe place.

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Quote from: BitHodler on January 11, 2017, 07:28:07 AM

Quote from: deisik on January 10, 2017, 10:02:38 AM

Quote from: BitHodler on January 10, 2017, 09:55:14 AM

Quote from: deisik on January 10, 2017, 09:13:40 AM

You don't even consider how many people are willing to store their coins elsewhere just for the free of charge transactions and basic security even if they don't get any interest at all. But, as the proverb goes, a penny saved is a penny gained, so the amount saved on such transactions can well be thought as kind of interest. Though I don't think that all these people using web wallets (here I refer to them obviously) are somehow convinced in the sense you mean it...

Since if you have to transact often with relatively small amounts, that maybe your only viable option

If that's really the case, then certain people are even more pathetic than I was initially thinking.

Look at it how you want, saving on a few thousand satoshis worth of transaction fees is just peanuts. In no way can that be considered whatever form of interest.

But maybe I am not yet fully aware of how stingy/ignorant can really be. Nothing comes free in this world, so even these "free" transaction costs have to be paid in one way or another.

They are not pathetic, they are rational and pragmatic

And it is no longer a few thousand satoshi, it is now more about a few dozen thousands of satoshi if you don't want your funds frozen and your transaction rejected in a couple of days. I really don't know how, say, Coinbase makes free of charge transactions possible (I mean where they get all the funds), but they have been offering this service since at least 2013 (if not from the very beginning) when there weren't Bitcoin payment cards yet and any other such services for compensating their expenses

You just try to find things where you constantly keep throwing with opposite arguments to bump your post count. It's annoying.

It's pathetic and you are just saying that it's not because you're exactly one of these people that try to save out on everything where every satoshi counts, right? Spammer.

So you basically have nothing of substance to say in reply, and now you are just trying to accuse me of how bad I am in your opinion. Well done, but you may want to refrain from personal attacks lest you get banned. People say that Bitcoin transaction fees have already made micro-transactions impossible, and it is not my observation (just in case, I'm not involved in these). Anyway, it is thanks to these people which you unreservedly have called pathetic that you can now enjoy the Bitcoin price over 800 dollars. Most likely, without web wallets (and free of charge transactions as a nice bonus), they wouldn't give a fuck about Bitcoin at all. Just don't forget that. You can think of them any way you please, but you don't necessarily need to voice your thoughts...

And if you think that I'm spamming you can always report on me (if you haven't already)

Bitcoin0916

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I agree, with the existence of the bitcoin bank will further strengthened the presence of bitcoin, this gives the certainty that bitcoin there will be for the long term. We must support it, because it is profitable bitcoin.

BitHodler

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Quote from: deisik on January 10, 2017, 10:02:38 AM

Quote from: BitHodler on January 10, 2017, 09:55:14 AM

Quote from: deisik on January 10, 2017, 09:13:40 AM

You don't even consider how many people are willing to store their coins elsewhere just for the free of charge transactions and basic security even if they don't get any interest at all. But, as the proverb goes, a penny saved is a penny gained, so the amount saved on such transactions can well be thought as kind of interest. Though I don't think that all these people using web wallets (here I refer to them obviously) are somehow convinced in the sense you mean it...

Since if you have to transact often with relatively small amounts, that maybe your only viable option

If that's really the case, then certain people are even more pathetic than I was initially thinking.

Look at it how you want, saving on a few thousand satoshis worth of transaction fees is just peanuts. In no way can that be considered whatever form of interest.

But maybe I am not yet fully aware of how stingy/ignorant can really be. Nothing comes free in this world, so even these "free" transaction costs have to be paid in one way or another.

They are not pathetic, they are rational and pragmatic

And it is no longer a few thousand satoshi, it is now more about a few dozen thousands of satoshi if you don't want your funds frozen and your transaction rejected in a couple of days. I really don't know how, say, Coinbase makes free of charge transactions possible (I mean where they get all the funds), but they have been offering this service since at least 2013 (if not from the very beginning) when there weren't Bitcoin payment cards yet and any other such services for compensating their expenses

You just try to find things where you constantly keep throwing with opposite arguments to bump your post count. It's annoying.

It's pathetic and you are just saying that it's not because you're exactly one of these people that try to save out on everything where every satoshi counts, right? Spammer.

Topic: Do you agree with idea "Bitcoin bank" ? - page 75. (Read 142276 times)