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Topic: Do you think there should be a Crypto Bank? - page 5. (Read 794 times)

newbie
Activity: 364
Merit: 0
I think that in the near future there will be banks for crypto currency, because you will need to protect your tokens. Now there are projects that banks are developing for crypto currency. Perhaps some of them will enter the market and will work for us. The creators of crypto banks can get a good profit, so these projects are promising.
member
Activity: 574
Merit: 15
The whole point of the crypto currency is that they absolutely do not need a banking system, all records are kept in blockchain.
member
Activity: 163
Merit: 10
What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?
Its a nice idea but I think wallet is more useful than it because in bank, there is a possibility that your money will be scam by those creators of the bank. Unlike wallets, there is a big advantage than banks.
jr. member
Activity: 107
Merit: 1
I'm totally against crypto banks. I love the idea of decentralisation and want to keep it that way. The reason Bitcoin was invented was to take the monopoly away from the banking sector. If we introduce crypto-banking then we make the same mistake all over again.
hero member
Activity: 798
Merit: 505
Crypto bank may be a good idea if they can really safeguard our investments and will have assurance that our assets won't be gone. But of course there may be fees that will exist but this is alright as long as we will have peace of mind. I will support crypto bank if there is one.

Agree with this! mostly this would be the reason why do people tend to put money on bank to protect their money and  also you cant worry of it. Well now a days there are a lot of hacking occur in our altcoins, wallet getting hack and others . So it would be nice if there will be a crypto bank i think everyone would be glad not only those people who has a lot of coins but also those people who want to put it in the safe place.
member
Activity: 266
Merit: 10
Crypto bank may be a good idea if they can really safeguard our investments and will have assurance that our assets won't be gone. But of course there may be fees that will exist but this is alright as long as we will have peace of mind. I will support crypto bank if there is one.
sr. member
Activity: 798
Merit: 268
I think it is wrong, because crypto currency it is decentralization - no one control, but if will be one crypto bank, it will not be decentralization
Yeah, I don't agree about crypto banking because this market will become more centralized, let's just banks do that work to accept cryptos as mode of savings so no one can control cryptocurrency aside from the whales.

In fact, these trading platforms are playing such a role, they help customers store coins, trade coins, convert coins! Is that so?
Some investors are storing their coins in the exchanges and I think its quiet risky, you should have at least physical wallet.
newbie
Activity: 113
Merit: 0
What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?

I do not think, because the idea of ​​a crypto currency in decentralization. True, this idea is constantly dying out because of the manipulation of the market by large holders of bitcoin. If a crypto bank appears, I'm sure that it will not be one, because this is also a business and definitely there will be competition.
member
Activity: 260
Merit: 10
Fast, Smart, Trustworthy
In fact, these trading platforms are playing such a role, they help customers store coins, trade coins, convert coins! Is that so?
newbie
Activity: 108
Merit: 0
Yes, I think the bank crypto must be there, nowadays not a few people use crypto. although there is now a crypto bank development project. and crypto insurance is also needed to protect one's investment.
member
Activity: 119
Merit: 100
I don't think so we need a Crypto Bank.To my point of view,what we require is that our cryptocurrencies can be controlled at any time.Sell or buy,all by ourself.No need to go through any institution, anyone...
sr. member
Activity: 504
Merit: 250
along with the development of crypto for the better and many have the benefits I think crypto will exist for the bank. of course, if it is realized it will be made the bank the crypto will also be able to get a lot of advantages. Anyway, crypto revolution is inevitable again, so for such a bank would be indispensable.
legendary
Activity: 1988
Merit: 1768
What do you think about crypto bank which hold all the reserves and give insurance of your crypto assets?

I am not convinced by a crypto bank. Should crypto not free us from the banks? I personally do not need a crypto bank. Then we would have the old system, but this time without fiat money but with crypto.  Wink
member
Activity: 378
Merit: 10
Fast, Smart, Trustworthy
It should already be there now. Is XRP counted? In the future, there are certainly many countries that issue their own coins, so this is a problem that you don't have to worry about.
legendary
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
I do not think there is a need for a crypto bank to be honest. It is still better to have your own storage and be completely responsible for your own "assets".
member
Activity: 257
Merit: 10
i think No its better we hold our coin than bank why? cause if that happen they will put a lot of taxes in that. but if they legal it in some country using that kind of bank i will going to yes. but right now no
full member
Activity: 434
Merit: 104
Esport Ecosystem
But why think there should be a crypto bank, if the crypto itself is banking the unbanked. It is not bad idea to make bank on it, but it will centralized the decentralised system if exist.
newbie
Activity: 86
Merit: 0
If there is an encrypted bank, I think this is a good thing and can guarantee the security of the funds. I think everyone wants to have this bank. Because hackers are really terrible.
member
Activity: 124
Merit: 10
No, that's a bad idea. I admire in cryptocurrencies the decentralization, noone should be the boss of crypto, it would be the same at the end like the fiat money, we don't want this.
hero member
Activity: 728
Merit: 500
I certainty it's emended than the conventional trusts thanks to of the picture. And transparency is what turn it an column and actionable price atop of the decrepit ways.
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