Topic: What happen if bitcoin build a headquarter bank (Read 1079 times)
Surely there will be regulations that suppress the existence of this bitcoin. Many other dal taxes. Bitcoin would become centralized, fiat currency. We could call it the Dollar? The bitcoin's goal will be futile if they will come to an agreement to held a central bank for the bitcoin as some people will try to manipulate and manage it losing the interest and investment of the people who love its potential and good traits.
If something happen that will happen i think it can cause by demand of bitcoin because innocent people think on how the headquarter do works so they curious and it can effect by too much demand of bitcoin that can cause too much high of the value of it.
what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
It will totally defeat the purpose us a decentralized coin 
what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
if bitcoin do that kind idea bitcoin become more popular to all people who dont believe. when time comes lot all investor will contribute to make bitcoin our 1st currency all over the world. it also helps all people to work with bitcoin and lot of company will make more ico. 
If a bank for bitcoin will be opened the control over bitcoin and crypto currencies will be established I'm sure the government will take the step on having this kind of headquarter this will only means that they will established a world bank since bitcoin is consider to be a global currency. People will lose their privacy with regards to bitcoin ownership so I think this will have a negative effect.
what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
I do not think this is a good thing. Everybody uses bitcoin because of its usability. No one knows how many bitcoins you have. If you have a bitcoin bank, your income will surely be controlled. bitcoin will lose the convenience. what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
I don't really see the purpose of such bank. The point of the whole thing is to be decentralized and this idea defies exactly this point. Only relation between the bank and bitcoin that makes sense (at least in this moment) is if the bank would enable you to directly change your crypto to fiat and vice versa - basically to act as a exchange.
It is against the essence of bitcoin to build a physical and central bank. The result will be a currency like any other fiat currency. Maybe some people will use that bank, but I don't think they will be the same people who use current bitcoin and wants decentralization, a store of value, freedom, peer-to-peer financial relationships, etc.
Governments are concerned about the grow of bitcoin use and try to make crypto currencies and, obviously, tax customers. Thus we might see central banks of an hybrid of crypto and fiat currencies, but users of bitcoin as it is currently developed will not be the customers of these kind of banks.
Governments are concerned about the grow of bitcoin use and try to make crypto currencies and, obviously, tax customers. Thus we might see central banks of an hybrid of crypto and fiat currencies, but users of bitcoin as it is currently developed will not be the customers of these kind of banks.
if Bitcoin do that i believe it will lose its value slowly,
many people used it due to 'freedom in their financial' and something like that.
what will happen if they do that ? of course it will lose its charateristic and absolutely sure its demand will be decreased a lot.
but it will not happen,at least right now i never hear about something like that.
and i hope they will not doing something like that,because it'll ruin our cryptoland.
why would they choose Bitcoin if they can use their own Fiat to do that ? it's not a new thing.
yes exact what i say
many people used it due to 'freedom in their financial' and something like that.
what will happen if they do that ? of course it will lose its charateristic and absolutely sure its demand will be decreased a lot.
but it will not happen,at least right now i never hear about something like that.
and i hope they will not doing something like that,because it'll ruin our cryptoland.
why would they choose Bitcoin if they can use their own Fiat to do that ? it's not a new thing.
yes exact what i say
what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
If this happens it will be a good news for all investors. I always look for such a bank in my country but I think it will not. Then it was a good idea many people will believe more in Bitcoin because they can guarantee now a bank for bitcoin. Some people does not believe and trust Bitcoin because they can not guarantee the money they invest and save that it will not going to scam by others or will become wasted. So i a bright idea if they do that build a headquarter bank. It also bring a much more good reputation on Bitcoin community. Lets wish that it will happen.
I doubt it! Many people believe and patronize Bitcoin now because of its unique characteritics and one of it is being decentralized. If there will be a headquarter bank, it needs to be regulated which contradicts the characteristics of Bitcoin. Also, the government will now have a reason to tax Bitcoin users.
what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
Then it was a good idea many people will believe more in Bitcoin because they can guarantee now a bank for bitcoin. Some people does not believe and trust Bitcoin because they can not guarantee the money they invest and save that it will not going to scam by others or will become wasted. So i a bright idea if they do that build a headquarter bank. It also bring a much more good reputation on Bitcoin community. Lets wish that it will happen. Regarding to the topic,
If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now.
It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built.
We all know that nobody owns bitcoin, (correct me if I'm wrong).
Maybe it is possible that there will be a bank supported by bitcoin payments.
Well as for as my opinion is concern so I think if bitcoin make headquarter bank so I think bitcoin can be increase with high price investors, traders and other people can be very high as well and it will be more easy for all investors to keep their bitcoins with them which will be more secure and I think that bank can also provide them some extra services like credit or debit cards.If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now.
It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built.
We all know that nobody owns bitcoin, (correct me if I'm wrong).
Maybe it is possible that there will be a bank supported by bitcoin payments.
Yap and it is very hard to store it in one place. Seeing as most has anonymity, it is also hard to track down who ever has the bitcoin. It kind of defeats the purpose if they will become a bank. I kind agree with how it has gotten today, without interventions of any government entities. Because once it is in the grasp of government many transactions would be deemed illegal and a lot of services would be apprehended.
Regarding to the topic,
If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now.
It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built.
We all know that nobody owns bitcoin, (correct me if I'm wrong).
Maybe it is possible that there will be a bank supported by bitcoin payments.
Well as for as my opinion is concern so I think if bitcoin make headquarter bank so I think bitcoin can be increase with high price investors, traders and other people can be very high as well and it will be more easy for all investors to keep their bitcoins with them which will be more secure and I think that bank can also provide them some extra services like credit or debit cards.If bitcoin build a headquarter bank, then the identity of bitcoin will not be the same as it is right now.
It will surely be implemented of having tax of bitcoin into its respective place where the HQ is built.
We all know that nobody owns bitcoin, (correct me if I'm wrong).
Maybe it is possible that there will be a bank supported by bitcoin payments.
headquarter bank is so bad idea, bitcoin will under control
bank will control bitcoin than control as a users, i dont thrust bank system
bank will control bitcoin than control as a users, i dont thrust bank system
You should keep in mind that bitcoin are created for the purpose of not having any intermediaries managing your assets. Each person's account is self-managed. If the BTC intervenes, it will no longer be the BTC's original goal. In terms of creating ATM cards, I don't think it is necessary at present because there are ATMs for buying / selling directly with Bitcoin.
I agree the whole purpose of using bitcoin is that you are your own bank and to be hold by the people, by making a headquarters or a bitcoin bank defies the soul purpose of bitcoin being decentrelized and having it string in one place is a pretty risky bussines, the bitcoin being spread it out all around the worl is what made it so successful to this very day and I don't believe banking it would make any use of its nature. 
Bitcoin is a decentralized currrency.I think its higly impossible for any person or a group of people to form a bank for bitcoin.Already,there are exchanges for buying and selling bitcoins,wallets for storing bitcoins and other than this,i don't know what difference a bitcoin bank could make.
So,with our private keys secured,we ourselves act as bank by holding bitcoins in our wallet.So,bitcoin bank would not come in to reality.
So,with our private keys secured,we ourselves act as bank by holding bitcoins in our wallet.So,bitcoin bank would not come in to reality.
what happens if bitcoin builds a bank just like a bank with a headquarters, savings account management and also makes a bitcoin account card ??
I am not in favor of this kind of idea. What i most like about bitcoin is nobody can control the price but when a bank will be manage the BTC it will be another thing.
I disagree with this idea, so bitcoin will be centralized rather than decentralized, this is because the bank headquarter will be able to control the full price, I prefer bitcoin like this, no one controls and is free to use.
according to my opinion if there is build headquarter of bitcoin anywhere then i think the value of bitcoin will be not remain as such as now because it is decentralized thats why many people are interesting in it. if it become centralized then the rate of bitcoin will be control by their headquarter and then people will lose their interest in bitcoin. 
I disagree with this idea, so bitcoin will be centralized rather than decentralized, this is because the bank headquarter will be able to control the full price, I prefer bitcoin like this, no one controls and is free to use.
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