Topic: Neo & Bee world first bitcoin bank about to launch in Cyprus tomorrow. (Read 3330 times)
March 02, 2014, 07:14:33 PM
There also isn't a single online wallet that I know of that has a bricks & mortar office.
February 26, 2014, 04:48:25 PM
So another online wallet service. I wonder how long before they get hacked
This is not correct. They provide assurance to your money/coins if I'm correct.They aren't just 'another' wallet service.
February 25, 2014, 05:22:21 PM
I thought bitcoin was a payment framework in itself. Why would anyone entrust their coins to a bank?
Because they will use M of N private keys so they technically won't be able to touch your funds without your approval meaning the government and other banks won't be able neither.But you wont be able to touch your funds neighter without Neo & Bee, so basically your Bitcoins will be not usable if you will not agree with something like 10% tax of your Bitcoin ballance, if there will be such Cyprus law in future for example
February 25, 2014, 05:06:56 PM
I thought bitcoin was a payment framework in itself. Why would anyone entrust their coins to a bank?
Because they will use M of N private keys so they technically won't be able to touch your funds without your approval meaning the government and other banks won't be able neither.But you wont be able to touch your funds neighter without Neo & Bee, so basically your Bitcoins will be not usable if you will not agree with something like 10% tax of your Bitcoin ballance, if there will be such Cyprus law in future for example
February 25, 2014, 04:48:45 PM
This sounds promising! Is this going to be available to any person to join, or specifically those who live in Cyprus?
They plan to expand services to all EU countries through partnerships. But I'm not aware of any specific schedule. 
February 25, 2014, 12:32:31 PM
http://www.reddit.com/r/Bitcoin/comments/1mr91m/i_am_the_ceo_of_neo_the_bee_payment_network_in/
There was a lot of hype surrounding NEOBEE when they first launched - you could buy shares on the now no longer operational Bitfunder - I actually read over their company profile and remember being fairly impressed - enough so that I bought some shares. I forgot about them until Bitfunder closed down, and NEOBEE did a great job of migrating the shares to a new platform (their own platform I believe).
Nice to see they are ready to launch, I look forward to seeing how things go. I'm also quite keen to have one of those Bee cards in my wallet...
There was a lot of hype surrounding NEOBEE when they first launched - you could buy shares on the now no longer operational Bitfunder - I actually read over their company profile and remember being fairly impressed - enough so that I bought some shares. I forgot about them until Bitfunder closed down, and NEOBEE did a great job of migrating the shares to a new platform (their own platform I believe).
Nice to see they are ready to launch, I look forward to seeing how things go. I'm also quite keen to have one of those Bee cards in my wallet...
February 24, 2014, 02:18:31 AM
So another online wallet service. I wonder how long before they get hacked
They are more than an online wallet service from my understanding.
They're more of a complete financial network.
So they are like bips.me? We've been down this road before. Offering complete merchant services does not mean that your online wallet service is magically more secure.
Sorry, for the snipping. Sounded like dogma to me.
February 23, 2014, 06:23:29 PM
So another online wallet service. I wonder how long before they get hacked
They are more than an online wallet service from my understanding.
They're more of a complete financial network. Cyprus is small enough that they can provide wide coverage for merchant services. I think many merchants are interested. So the Cypriots will be able to set up an account, with a familiar bank like setting, get a card, and easily buy from merchants. In theory they can use convenient high tech money management, but the money is now independent of government and banks. It can't be seized, and instead will probably provide increased purchasing power. It's the opposite of what they have now, and is apparently govt. approved.
February 23, 2014, 05:58:08 PM
So another online wallet service. I wonder how long before they get hacked
I really hope for them to be as good in security as they are on marketing.
And for all services that are dealing with our private keys, i mostly worry about them getting "hacked" than hacked...
February 23, 2014, 05:50:11 PM
So another online wallet service. I wonder how long before they get hacked
February 23, 2014, 05:01:50 PM
This sounds promising! Is this going to be available to any person to join, or specifically those who live in Cyprus?
February 23, 2014, 04:56:31 PM
This sounds huge!
Excellent video, btw!
Excellent video, btw!
February 23, 2014, 04:42:26 PM
Explain how can we trust Cyprus after they seized people's money that were in bank accounts?
You should listen this http://www.youtube.com/watch?v=0Ln0dwxuPcc
I think the best they are trying to do is to add more btc/fiat exchanges.
Im not very optimistic about this project, but I wish them luck nevertheless
February 23, 2014, 03:16:44 PM
Explain how can we trust Cyprus after they seized people's money that were in bank accounts?
You should listen this http://www.youtube.com/watch?v=0Ln0dwxuPcc
February 23, 2014, 03:15:15 PM
Explain how can we trust Cyprus after they seized people's money that were in bank accounts?
They can't seize your coins, you should read more about this bank. February 23, 2014, 02:45:56 PM
Explain how can we trust Cyprus after they seized people's money that were in bank accounts?
February 23, 2014, 02:42:03 PM
Quote
Accepting BTC in Cyprus
Our aim is for Cyprus to quickly become a global hub for Bitcoin acceptance and development.
Sounds good. Hopefully this will clear the dark cloud that Gox has put over us. The price has to recover. Our aim is for Cyprus to quickly become a global hub for Bitcoin acceptance and development.
February 23, 2014, 02:32:05 PM
Seems to be very good news for bitcoin.
I hope this will play out well next week..Too bad gox isn't already gone..
I hope this will play out well next week..Too bad gox isn't already gone..
February 23, 2014, 02:30:41 PM
This could be big news for bitcoin... hopefully it all goes as planned
The owners seem like they know what they're doing... their marketing is so / so, but that's okay i guess.
Do I predict another Boom on the horizon?
The owners seem like they know what they're doing... their marketing is so / so, but that's okay i guess.
Do I predict another Boom on the horizon?
February 23, 2014, 02:06:10 PM
They cant touch my bitcoins in my wallet either. I still dont see any advantages in using a bank for cryptocurrencies. If they offer an interest bearing accounts that might attract some people, otherwise i just dont see a point..
Because Grandma and Grandpa Cyprus don't know WFT a "wallet" is. They don't know what Bitcoin is. What they do know is euro in regular bank accounts is not safe. Neo will offer a bona fide alternative to hiding cash under the mattress, safe from banks, safe from the government and safe from the EU.Good luck Neo and Bee!
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