As has been said you are in a position to be your own bank, enjoy that as it has taken hundreds of years to become a reality.
Topic: Is there a true 'bank' for bitcoin? - page 2. (Read 2784 times)
You can borrow btc from lenders on here granted you will probably have to provide collateral if you are not trusted but that should not matter if you plan on paying it back, also the interest is a lot better than loand company's extortion rates
As has been said you are in a position to be your own bank, enjoy that as it has taken hundreds of years to become a reality.
As has been said you are in a position to be your own bank, enjoy that as it has taken hundreds of years to become a reality.
I don`t see trusted "Bank" where I would send my BTC.
In the gambling section you can see many attemps for scam as they offer nice interest rate. But I would recommend to stay away.
In the gambling section you can see many attemps for scam as they offer nice interest rate. But I would recommend to stay away.
more middle man more scam , OP still can achive this by offering loan and get intrest on it , as many already do this rite here in this forum
your wallet is your bank i mean your own bank , and by this idea bitcoins will not be remain anonymous anymore
i dont think there is a btcbank paying interest, unless its value is converted to fiat
As I told , bitcoin doesn't need a bank it is need more "semplicity" for spend it in the various stores (not only online).
I find it a good idea but how could we ever trust them?
With a "Real bank" if they take my money at least I can get them.
With bitcoin they can dissapear with all your money
With a "Real bank" if they take my money at least I can get them.
With bitcoin they can dissapear with all your money
It wouldn't be decentralized if a bank exist. A bank can easily seize the Bitcoins from accounts thus it would work same as the real life banks.
Exactly. Bitcoin was made to stop those types of actions.
It wouldn't be decentralized if a bank exist. A bank can easily seize the Bitcoins from accounts thus it would work same as the real life banks.
yeahh it would be cool, if true bitcoin bank has been launched worldwide, sehinggal transakti online (or buy goods) so easy
A place where you can give your bitcoins and earn savings or take out loans or whatever the other banks do really , just simply a bitcoin bank?
A place where you can give your bitcoins and earn savings or take out loans or whatever the other banks do really , just simply a bitcoin bank?
Yes there is a true bitcoin bank and that is 'your' wallet, we are breaking free from banks and fractional reserve thiefs god willing so the plan is to not look back
Spend time researching what you believe would be a good investment and go with it, be your own boss of your own money.
Good luck
The problem of the PoS algorithm is : it is more vulnerable to a 51% attack ( I'm saying a 51% coin attack). So the large bagholder can "destroy" the coin.
More vulnerable than what?
And, a good PoS implementation is not even vulnerable to that kind of attack
who has more btc don't earn anything, problem solved, now the rich remain rich and the poor become rich until, he is too rich and the earning will stop for him also
how so?
Bank for bitcoin is stupid idea, it would destroy bitcoin goal as decentralize currency
Online wallet which not allow their user to have their private key can ba called bitcoin bank already
Be your own bank by have your own wallet
Online wallet which not allow their user to have their private key can ba called bitcoin bank already
Be your own bank by have your own wallet
interest and deflation are things of the old fiat which relies on deflation, lending out more and more and expecting even more in return only to lend out more in a vicious circle. Bitcoin breaks this circle. Interest is no part of bitcoin unless you lend it out yourself, invest it with the risk of losing it all in a ponzi or mall managed businessoppurtunity or startup.
Be your own bank by have your own wallet
the only bitcoin bank is you wallet with your local client, but it would be cool if who has some btc could see it rising in the wallet, but not exactly like pos coin
those already rich should not be rewarded, but only who have small amount of btc
those already rich should not be rewarded, but only who have small amount of btc
There is no difference between interest paid for your bank account and interest of a PoS coin.
Except your bank's interest is probably lower, and you give all your money out of your own hands
Everyone gets the same % in PoS.
In my example:
My bank pays me 0.01% per year
My PoS coin pays me ~0.5% year
To make the poor earn more interest than the rich is very very hard to do in crypto, because of sybil attack.
who has more btc don't earn anything, problem solved, now the rich remain rich and the poor become rich until, he is too rich and the earning will stop for him also
None that I know of, every other 'service' I've seen offering interest on btc deposits have turned out to be ponzis so I'd steer clear unless you're in the habit of giving bitcoins away. You could try loaning btc with interest but then you would be taking the risk of people defaulting, there are plenty of scammers on the lending board of the forum.
I don`t see trusted "Bank" where I would send my BTC.
In the gambling section you can see many attemps for scam as they offer nice interest rate. But I would recommend to stay away.
In the gambling section you can see many attemps for scam as they offer nice interest rate. But I would recommend to stay away.
A place where you can give your bitcoins and earn savings or take out loans or whatever the other banks do really , just simply a bitcoin bank?
Since when do you earn interest on savings with banks anymore? In fact looks like many might be going into negative interest rates ie you have to pay them to hold your money. I don't really think we need a bank to look after our coins as we can do that ourselves but maybe you'll be able to get bitcoin loans eventually but it'd probably be easier to get a cash loan and buy bitcoins with it.
The problem of the PoS algorithm is : it is more vulnerable to a 51% attack ( I'm saying a 51% coin attack). So the large bagholder can "destroy" the coin.
More vulnerable than what?
And, a good PoS implementation is not even vulnerable to that kind of attack
the only bitcoin bank is you wallet with your local client, but it would be cool if who has some btc could see it rising in the wallet, but not exactly like pos coin
those already rich should not be rewarded, but only who have small amount of btc
those already rich should not be rewarded, but only who have small amount of btc
There is no difference between interest paid for your bank account and interest of a PoS coin.
Except your bank's interest is probably lower, and you give all your money out of your own hands
Everyone gets the same % in PoS.
In my example:
My bank pays me 0.01% per year
My PoS coin pays me ~0.5% year
To make the poor earn more interest than the rich is very very hard to do in crypto, because of sybil attack.
The problem of the PoS algorithm is : it is more vulnerable to a 51% attack ( I'm saying a 51% coin attack). So the large bagholder can "destroy" the coin.
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