Luckily for me, the Honest Abe totem pole next to my home has been up-rooted and removed, now Guido can't find me unless... He asks Nitrowolf on Reddit.
I'M FUCKED! 
Topic: First Ever Bitcoin Bank to be Opened in Switzerland? - page 6. (Read 6990 times)
Boy, am I slow! Nobody fucks with Guido because Guido has the tools to fuck back.
Luckily for me, the Honest Abe totem pole next to my home has been up-rooted and removed, now Guido can't find me unless... He asks Nitrowolf on Reddit. I'M FUCKED!
Luckily for me, the Honest Abe totem pole next to my home has been up-rooted and removed, now Guido can't find me unless... He asks Nitrowolf on Reddit.
I'M FUCKED!
The following is an interesting quote:
I also was searching for bitcoin bank, and the reason is simple; it would provide loans to those who need them, and offer savings account with positive interest to those that want to save bitcoins.
This is actually a very valid response - banks are necessary to fund startup and small business initially which in turn are important for both economic and social growth.
@OP: As far as I'm aware there is no reliable Bitcoin bank - there would be tonnes of web wallets and scams out there pretending but IIRC no licensed and insured entity which offers interest on Bitcoin deposits currently exist. I suspect it may because there just isn't enough volume of Bitcoin deposits in all likelihood to make the venture profitable.
See here:
http://etfdailynews.com/2015/05/27/switzerland-to-open-bitcoin-bank-as-crypto-fort-knox-relocates-to-zurich/
How interesting, you ask?
Dude alos linked to BTC-DD, an entity that Guido owns.
Did I mention that I like this Guido dude?
One question: why? Why you need any bank?
I also was searching for bitcoin bank, and the reason is simple; it would provide loans to those who need them, and offer savings account with positive interest to those that want to save bitcoins.
This is actually a very valid response - banks are necessary to fund startup and small business initially which in turn are important for both economic and social growth.
@OP: As far as I'm aware there is no reliable Bitcoin bank - there would be tonnes of web wallets and scams out there pretending but IIRC no licensed and insured entity which offers interest on Bitcoin deposits currently exist. I suspect it may because there just isn't enough volume of Bitcoin deposits in all likelihood to make the venture profitable.
See here:
http://etfdailynews.com/2015/05/27/switzerland-to-open-bitcoin-bank-as-crypto-fort-knox-relocates-to-zurich/
How interesting, you ask?
Just in case someone is interested: The corporate filings for Havelock can be found here in the "Freebies"-section:
http://btc-dd.com/openreports.html
http://btc-dd.com/openreports.html
Dude alos linked to BTC-DD, an entity that Guido owns.
Did I mention that I like this Guido dude?
I've said it once (in another thread) and I'll say it again. "Bitcoin bank" is just another turn of phrase for "scam".
Guido owns Kalix LTD.
https://who.godaddy.com/whoisstd.aspx?domain=beepip.com&prog_id=GoDaddy&k=7CSG3xN33Ipen4ioBJ9OBvLn8FNzGUbkigdZjRG7LUpVmcVpqnb3apVvApJWitHB
Quote
Domain Name: BEEPIP.COM
Registry Domain ID: 1847063474_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.publicdomainregistry.com
Registrar URL: www.publicdomainregistry.com
Updated Date: 2015-03-26T13:31:03Z
Creation Date: 2014-02-18T04:49:08Z
Registrar Registration Expiration Date: 2016-02-18T04:49:08Z
Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com
Registrar IANA ID: 303
Domain Status: clientTransferProhibited
https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Kalix LTD
Registrant Organization: Kalix LTD
Registrant Street: Po Box 27191
Registrant City: Christchurch
Registrant State/Province: Canterbury
Registrant Postal Code: 8064
Registrant Country: NZ
Registrant Phone: +64.0273282521
Registry Domain ID: 1847063474_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.publicdomainregistry.com
Registrar URL: www.publicdomainregistry.com
Updated Date: 2015-03-26T13:31:03Z
Creation Date: 2014-02-18T04:49:08Z
Registrar Registration Expiration Date: 2016-02-18T04:49:08Z
Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com
Registrar IANA ID: 303
Domain Status: clientTransferProhibited
https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Kalix LTD
Registrant Organization: Kalix LTD
Registrant Street: Po Box 27191
Registrant City: Christchurch
Registrant State/Province: Canterbury
Registrant Postal Code: 8064
Registrant Country: NZ
Registrant Phone: +64.0273282521
http://beepip.com/
And, once YOUR bitcoins are in Bank of Bitcoin-cum-[secret] Swiss Alps mountain, email a love one your password via Guido's, the spy expert, other business model, protecting your emails from...wait for it...(you guessed it - SPIES).
QUESTION: Am I the only fucker connecting the dots here?
Ring! Ring! Ring!
: Hello.
GR: Hello, Satoshi.
NS: Excuse me.
GR: Gig's up. This is Guido.
NS: What took you so long to find me?
GR: Been busy and didn't have ten minutes to spare.
NS: What do you want?
GR: A bank.
NS: Gulp!
I've said it once (in another thread) and I'll say it again. "Bitcoin bank" is just another turn of phrase for "scam".
http://www.cryptocash.ch/
No likey the banky idea, Guido will store YOUR bitcoins in some undisclosed Swiss Alp mountain.
I LIKE THIS GUIDO DUDE!
I've said it once (in another thread) and I'll say it again. "Bitcoin bank" is just another turn of phrase for "scam".
is this the First Ever Bitcoin Bank to be Opened in Switzerland?
source:
http://www.newsbtc.com/2015/05/28/first-ever-bitcoin-bank-to-be-opened-in-switzerland/
source:
http://www.newsbtc.com/2015/05/28/first-ever-bitcoin-bank-to-be-opened-in-switzerland/
Quote
Guido Rudolphi, who is an IT specialist among a group of eight people involved in the project, said that they’ve already gotten investors on board and have searched for suitable premises for establishing the bank.
Yep, it's the same guy: https://www.youtube.com/watch?v=ieXZTmEw0qA Took me ~30 seconds to connect the dots. I wonder if he'll hire me.
Also curious as how many Bitcoiners are goin' line up at Bank of Bitcoin to deposit their bitcoins [and vitals] into an entity whose chief scientist can document everything about you.
Rogue Guy: Is $X USD enough for the info.
GR: Yes. So that we're legal, you purchase from me this entity (not crypto related) I created five years ago. Sign here. Now, I'm goin' outside to water the tomatoes, so please don't mess with this here computer which I'm still logged in, mmmkay?
Rogue Guy: Got it!
...
Rogue Guy: How are the tomatoes?
GR: Fuckin' rabbits!
Rogue Guy: Heard that! Gotta go. Later, bud.
GR: HeHeHe! I bet he really believes that I have tomatoes. Next project to work on.
Looks like I just single-handedly nipped this Bitcoin Bank idea in the bud.
BTW, if this Guido Rudolphi is so damn good at outing people, why hasn't he found Satoshi? Is it because...
Guido and Doge
https://who.godaddy.com/whoisstd.aspx?domain=btc-dd.com&prog_id=GoDaddy
Quote
Domain Name: BTC-DD.COM
Registry Domain ID: 1906966779_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.publicdomainregistry.com
Registrar URL: www.publicdomainregistry.com
Updated Date: 2015-05-03T02:30:57Z
Creation Date: 2015-03-03T22:18:07Z
Registrar Registration Expiration Date: 2016-03-03T22:18:07Z
Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com
Registrar IANA ID: 303
Domain Status: clientTransferProhibited
https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Guido Rudolphi
Registrant Organization: NetMon, LLC
Registrant Street: Seestrasse 110a
Registrant City: Uster
Registrant State/Province: Uster
Registrant Postal Code: 8610
Registrant Country: CH
Registrant Phone: +41.0442728614
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: [email protected]
Registry Admin ID:
Admin Name: Guido Rudolphi
Admin Organization: NetMon, LLC
Admin Street: Seestrasse 110a
Registry Domain ID: 1906966779_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.publicdomainregistry.com
Registrar URL: www.publicdomainregistry.com
Updated Date: 2015-05-03T02:30:57Z
Creation Date: 2015-03-03T22:18:07Z
Registrar Registration Expiration Date: 2016-03-03T22:18:07Z
Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com
Registrar IANA ID: 303
Domain Status: clientTransferProhibited
https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Guido Rudolphi
Registrant Organization: NetMon, LLC
Registrant Street: Seestrasse 110a
Registrant City: Uster
Registrant State/Province: Uster
Registrant Postal Code: 8610
Registrant Country: CH
Registrant Phone: +41.0442728614
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: [email protected]
Registry Admin ID:
Admin Name: Guido Rudolphi
Admin Organization: NetMon, LLC
Admin Street: Seestrasse 110a
It is actually bad for bitcoin as it takes away the decentralized part away from bitcoin. And it is hard to trust them as they might sell for fiat for their further investments.
But what is the difference from big time services like coinbase, circle, and sites like that? Now I know they do not loan money but I am not seeing what the issue is.
Nothing. These guys don't know the difference between the words "bank" and "central bank".
-C.
I don't get it. 
First we invent BTC to sac the bankers.
Then we establish Bitcoin bank to give birth to new breeds of bankers.
Confused...
First we invent BTC to sac the bankers.
Then we establish Bitcoin bank to give birth to new breeds of bankers.
Confused...
Guido Rudolphi, who is an IT specialist among a group of eight people involved in the project, said that they’ve already gotten investors on board and have searched for suitable premises for establishing the bank.
Why the confusion? A dude named Guido is behind the project. What could go wrong?
I figured that most of the reception of this would be negative. If you guys ever want greater adoption there has to be third party holding services for newer folks to feel more secure in their holdings. Otherwise, this market will remain niche, case closed.
It is actually bad for bitcoin as it takes away the decentralized part away from bitcoin. And it is hard to trust them as they might sell for fiat for their further investments.
People have a tough time adopting to new concepts that didn't exist before. All they know is they way is has been, and it's difficult to change the way something has been done their entire lives. They try to push it into something they already know, which is what we are seeing here.
genesis block:
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks[2]
Now they are opening a Bitcoin bank
The revolution has been betrayed
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks[2]
Now they are opening a Bitcoin bank
The revolution has been betrayed
another news about this , here: http://www.zerohedge.com/news/2015-05-27/switzerland-open-bitcoin-bank-crypto-fort-knox-relocates-zurich 
BANK in Bitcoin network ... 
It is actually bad for bitcoin as it takes away the decentralized part away from bitcoin. And it is hard to trust them as they might sell for fiat for their further investments.
But what is the difference from big time services like coinbase, circle, and sites like that? Now I know they do not loan money but I am not seeing what the issue is.
Poor article, it doesn't say a word about what this bank is going to do. Who will be its customers? It's already very easy to buy and sell BTC in Switzerland. What is going to change with this bank? What will be better?
It is actually bad for bitcoin as it takes away the decentralized part away from bitcoin. And it is hard to trust them as they might sell for fiat for their further investments.
How in hell does this take Bitcoins decentralized part away from it? The blockchain is still going to work exactly as it does now.. and Xapo is in btw the first "Bitcoin bank".
It is actually bad for bitcoin as it takes away the decentralized part away from bitcoin. And it is hard to trust them as they might sell for fiat for their further investments.
i agreee with you 100%, you are in truth man, this is really bad for us i think, one of the most important thing of bitcoin is the desentralized part, with this we are going to the opposite way.
Dont forget that desentralized exchanges are comming, that exactly what we need and not those things trying to bring BTC to the centralizated side...
I don't get it.
First we invent BTC to sac the bankers.
Then we establish Bitcoin bank to give birth to new breeds of bankers.
Confused...
First we invent BTC to sac the bankers.
Then we establish Bitcoin bank to give birth to new breeds of bankers.
Confused...
Why would I even want to put bitcoins in a bank!? 
To earn interest from the bank and also for security. The same thing on why people want to keep their money in bank, for security and also to get interest. People love to multiply their money by putting it on the bank, I dont see why this is not a good idea, it could be a good idea if the bank is transparent
so they can be considered a trusted ponzi? we are here because we don't trust bank, and you are saying to help them making bitcoin centralized, no tnx...
better to have pos coin then, at least you can earn interest without someone else holding your money
Why would I even want to put bitcoins in a bank!?
because the average joe cant even keep 1000 USD on this phone or on his computer. he will lose the money / get hacked.
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