Darn, my bank probably opens up for beeing "saviored" by tax money. They got an arsefull of legal liabilities left from housing bubble crashes.
No, I doubt I could built up a trust relationship with them again, ever. And seemingly Bitcoins meaning I don't even have to!
Topic: [POLL] Would you open a Bitcoin account at your local bank? (Read 5246 times)
This would take away from anonymity, but may help the overall ecosystem because existing members may be influenced into moving some of their funds into BTC accounts. Also, what would happen if the bank ran full nodes? Offered BTC debit cards, credit cards, and loans?
It doesn't make sense to open a bitcoin account at the local bank unless there is something extra such as new features linking with the current bank account, being able to spend the bitcoin funds through the debit/credit card and converting cash to bitcoin and vice versa. Another reason would be to extract the last 6months transactions that are needed for visa applications for some countries.
we can use banks if we need save for more safety.. because for me bitcoin wallet is not so safety
How you can be sure that banks will be keeping your bitcoins safely ? When banks with bulk amount of bitcoins will be able to safeguard bitcoins, why not as an individual comparatively with small amount, you cannot keep safely ?I guess banks also will be using similar wallets what we are using right now, so we cannot expect any special safety from them.
Yes, will open Bitcoin Account on my local Bank. Because, I can deposit my money and I will get my local currency for my need. So need a Bitcoin account on my local Bank. It's my personal opinion.
It is very easy to say yes, but do you know that opening Bitcoin Account in bank means you have to give your full details about yourself and what ever transaction you will do will be known by all of them, Then the difference between bitcoin and banking will be not same. I think you dont know fully detail about bitcoin technology.
Bitcoin wallet are itself a bank account so we dont need any bank account to safe bitcoins.
For now, I see not many advantages in opening a Bitcoin account at a bank. A normal bitcoin account is even safer than a Bitcoin bank account if secured properly, and loans can be obtained using Bitcoin-specific services - even descentralized ones.
The only advantage I can see is a Bitcoin-based debit/credit card, but technologically it should not be too difficult to implement a card-based payment system using only descentralized Bitcoin technology - the only problem would be adoption by points of sale.
The only advantage I can see is a Bitcoin-based debit/credit card, but technologically it should not be too difficult to implement a card-based payment system using only descentralized Bitcoin technology - the only problem would be adoption by points of sale.
Yes, will open Bitcoin Account on my local Bank. Because, I can deposit my money and I will get my local currency for my need. So need a Bitcoin account on my local Bank. It's my personal opinion.
A Bitcoin account at your local bank would means banks are involved into bitcoin and the possibility of their influence in the market, ect, could be quite important. Wich from me would means the total opposite of the purpose of cryptocurrency
You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
I agree with you, I will not do it. because certainly the bank could control your bitcoin and also account. and moreover they will know your identity, I think it was out of the anonymity of the bitcoin You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
A Bitcoin account at your local bank would means banks are involved into bitcoin and the possibility of their influence in the market, ect, could be quite important. Wich from me would means the total opposite of the purpose of cryptocurrency
You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
In the scenario that you describe, how exactly would 'banksters' have any control over Bitcoin? Any entity should be able to trade Bitcoin, even banks. You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
My guess would be that if banks get into Bitcoin and start trading, prices would skyrocket.
let's imagine for exemple all companies like kraken, coinbase, ect are owned by some holding companies owned by banks
Not at all. Why would i give my money to a third party for keeping them while i can keep them safe with me forever as long as i'm living. I don't need to involve anyone else in my bitcoins as i can't believe even the authorities to keep my money. Now we are compel to keep our fiat in banks as we have no other ways, but if there were a way to keep fiat as well like bitcoin then i'm sure everyone would have been doing that too.
I would say no! Because, anonymity and decentralisation are the core concept of bitcoin. If a bank could provide me a bitcoin account, there's no point in using bitcoin. And why should I depend on a bank to create a bitcoin account? When I can create many accounts as possible I can create myself.
The bank account is sufficient, if it is open bitcoin bank acount was certainly no different with fiat money. With their bank would make bitcoin operations will depend on the bank, I think this is not effective.
Private banks might get involved into it but I dont see it becoming a success. Why would you put your BTC in a bank in the first place? May b for the interests and interest rates. If it is secure then I might give it a shot but there's a long way for that to happen. I dont see any banks showing interest as of yet. They might take a couple of years for BTC to become mainstream and then there might be this possibility.
Don’t underestimate how tricky banks can be, I think they are going to try to pull off the same scam they have always done, they will state they could secure your coins better than you and if they offer interest rates you can be sure there are going to enough fools that are going to fall for it. 
A Bitcoin account at your local bank would means banks are involved into bitcoin and the possibility of their influence in the market, ect, could be quite important. Wich from me would means the total opposite of the purpose of cryptocurrency
You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
In the scenario that you describe, how exactly would 'banksters' have any control over Bitcoin? Any entity should be able to trade Bitcoin, even banks. You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
My guess would be that if banks get into Bitcoin and start trading, prices would skyrocket.
A Bitcoin account at your local bank would means banks are involved into bitcoin and the possibility of their influence in the market, ect, could be quite important. Wich from me would means the total opposite of the purpose of cryptocurrency
You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
You don't want banksters having even 1% control about anything related to bitcoin, we don't need the rats on the boat
i give my vote to not open a bitcoin account at my local bank, because i would consider that bitcoin is my secret to make money, beside that i want to learn how to manage my bitcoin with myself so i hope it will useful to me to make decision when its time to save and spend my bitcoin.
Thats a big NO to me. Bitcoin is not design for that. It will just destroy bitcoin features. Besides, we have already a wallet. I think its safe enough to store our bitcoin there. Banks are centralise, and the opposite of it is bitcoin that is decentralised. Bitcoin is anonimous. It will be more complicated if you put it into centralised system because bitcoin can be use for laundering and banks are against money laundering.
Yeah it's pretty stupid. As soon as you connect your bitcoins to a bank the anonymous features are over, which goes against the main point of bitcoin which is to avoid surveillance by 3rd parties.
I guess there always be a market for casuals that need a bank so im ok with it.
It's indeed hard to swallow seeing certain people throw the fact that they own everything in full and the ability of maintaining an anonymous identity to waste so easily. But it's their choice as they apparently don't add much value to these features. I think they nurse themselves with the idea of having bank level of security and other benefits such as interest over their stored coins.
nah. my coins are just fine where they are. i do think it's something a lot of other people would make use of. very few people give a shit about internet security but i wonder what the possible restrictions would look like and i don't see how insuring the deposits would ever work.
I am using bitcoin for the investment. I mean for my future. So I think yes, I will open an account for my bitcoins and other cryptocurrencies when my local bank will provide me this service. I know the spirit of bitcoin is its anonymity but I trust my local bank more than blockchain.
Of course not! If I register my bitcoin account with my bank, I am essentially saying: "Here are my banking details, this is the address I own, feel free to track my transactions." You're inviting your government to trawl through bank records and I have no doubt they already do.
If a local bank for a bitcoin account, why not? I would love to that at least it is more easier to get my money but the disadvantage is the bank will withheld tax in my account or worst the transaction cost is possibly higher than others, if that happen I would open account but not all. I'll just save some.
It's not the best practice and I wouldn't open a local Bitcoin bank account because it defeats the purpose of decentralization. I beg to differ if it's easier to access your account with the banks than your wallet? That's totally false because with the blockchain you have access to your funds 24/7, most of these banks close after 5pm. Security and accessibility are just 2 golden virtues of bitcoin.
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