Topic: Will there ever be a Bitcoin Bank - page 15. (Read 3777 times)
If the bank will present in the territory of a country that does not prohibit the existence of bitcoin the possibility of a bitcoin bank will occur. and will be very helpful for the bitcoin legality and cause more attract to new bitcoin users.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
As you can see in our society, bitcoin's price is very high and its popularity is also increasing. It is not impossible that there will be a bitcoin bank. Wherein you can exchange bitcoin to any type of currency.I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
There are a lot of exchangers online so I think you don't need to worry about getting your bitcoin changed in any type of currency. Wtih a lot of bitcoin users flourishing,Bitcoin bank may have a huge possibility but for me, I want to keep my bitcoins out of the bank, I want to keep my balances in other crypto currency private. It is not that I don't have a huge number of bitcoin but I just want to keep it for myself.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
As you can see in our society, bitcoin's price is very high and its popularity is also increasing. It is not impossible that there will be a bitcoin bank. Wherein you can exchange bitcoin to any type of currency. I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
bitcoin is a formation that emerged against the bank. It has emerged against the negativities presented to us by the current economic system. you already have a banking system called blokchain.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
as my opinion i am only new in bitcoin but i believe that there will be a bitcoin bank,it is really better if there will be a bit coin bank so that we can save our money in a bit coin bank for safety. I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
If there will be a Bitcoin bank than btc will fail to finish its mission which is to escape from banks and be decentralized. But as I can see as the whales enter into it there would be such a thing.
It is very good that there will be bitcoin Bank. Because now days the bitcoin is growing very fast and day by day there are many people know and use bitcoin. And I think that it really needs Bank such as visual currency, It will be make easier for people to do the transaction in bitcoin bank. I believe that it will be happen soon.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
I think it is possible. Eventhough bitcoin is decentralized and not hold by a person or a specific country. It will somehow find its way to have a bitcoin bank. Bitcoin will be the one who will make its and way. And we all know that bitcoin is very good in terms of the value because today it is very high and people will be happy if bitcoin bank will establish.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
Yes. I believe that someday there will be a bitcoin bank because we all know that bitcoin isn't that fsr from the reality tgat somehow it will be a option in oir currency. We all can see how bitcoin today is very progressive and very good in terms of different aspects especially financial so for me it is not impossible to get an bitcoin bank.
I guess there would still be bitcoin banks to be established in the future although bitcoin's system enough to do not need banks people might still go for that idea specially those who are skeptics in their own wallets and security. I actually have seen some cryptocurrency banks popping in the web so I guess its starting.
Probably soon bitcoin company will make banks, because people need help too often, sometimes cant transfer bitcoins or bitcoins goes in wrong place, and people must write at support email and waiting for an answer, no one knows how much, and if bitcoin will create banks in every country where have legalized bitcoins or will legalize, then people will be able to go there and they will can get an answer at any question.
No, who needs banks for Bitcoin. I think Bitcoin is a decentralized system and moreover helps to make anonymous transactions. And going to banks will definitely reveal your identity. Bitcoin can easily be learned online about its basic functioning and usage, further its functioning is complicated but easy to use. Also, we have miners which help in maintaining Bitcoin transactions so there is no place for Bitcoin Banks and also government won't fund for such building from where they will get nothing in return.
According to me the whole concept of bitcoin was to eradicate the existence of bitcoin.
My guess is that it wont be possible for Bitcoin or other currencies to become really mainstream if they wont let the governments interfere in some kind. How this will be implemented is another question, but that the governments wont let cryptocurrency take over the financial system, without them having their fingers in somehow, is for sure in my opinion. Its naive to believe the opposit.
According to me the whole concept of bitcoin was to eradicate the existence of bitcoin.Hence you are here again creating a post that there might be a bitcoin bank which is highly unlikely to happen. On the other hand i would like to point out that cryptocurrency exchanges are the next big thing. So it is highly likely that they will be controlling most of the bitcoin market.
They wont bother to accept bitcoin but rather they would able to accept on the coin being made by government since they do know that people on that place will surely get involve on that one since its being recommended and backed by gov't. I dont see a reason that Banks would decide to tie up with bitcoin since they do know its capabilities and the things that can be done.It can stand alone and be really an enemy against on a centralised system.
if any later will be present bitcoin bank, of course with in the appearance of policy and regulation very tight.
the current banking system, has persisted for decades, those who have been loyal to the bank system still have confidence in safe investments that are protected by the government.
this is in stark contrast to the blockchain system itself, with decentralization creating everyone's chances to control their respective financial wallets, so that existing government controls and regulations can not reach out.
Why anyone convert everything that is decentralised to the centralised one? This will disturb the way everything works in the crypto currency. They will have no more use and no body will interest in it because all the prices for those assets would be controlled by financing system which is nothing apart from the current traditional assets like government. Plus those countries which don't have taxes on it they will levy the taxes also. So in short everything will collapse for bitcoin and it could not be better place to trade at.
True! The main advantage of bitcoins is decentralization, having a bank is going to take away that advantage, and not to mention that government would start intervening in the matters of bitcoin which could drastically affect its valuation
I definitely agree that banks are useful and an instrument that many people need to cope with their finances. Not everyone is capable of taking responsability of their own finances. So I think yes, there will be something like a crypto bank (or Bitcoin bank). I would love to see something from the community for the community, decentralized but with proper working governmental mechanisms built in to let people vote etc. I am sure we will see something like this in the future, maybe with governments interfering of some sort or it comes from the community itself.
It's really possible in our world that the original concept of bitcoin can be perverted. Banks are not stupid and they can invent some services including BTC to attract modern generation
A bank strictly speaking, I don't think so. It's too opposite to the way Bitcoin works. It's a decentralized network, what's the point to open a bank? What would you do in a bank?
However traditionnal bank could help their customers to buy bitcoin or change bitcoin into fiat.
However traditionnal bank could help their customers to buy bitcoin or change bitcoin into fiat.
i think now the number of customer of bitcoin is not reach to the high level that bitcoin administrator create some banks for bitcoin but still there are no such areas where bitcoin is accepting as a payment. it need more time so that bitcoin become famous more and more in world and get maximum number of users from the whole world then the possibility of bank system for bitcoin will be increased.
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
With bitcoin's popularity rising up, there is a probability that there will be a lot of bitcoin users. Therefore, having bitcoin banks is bound to happen. The users of bitcoin need to have assurance that their precious bitcoin will be secure and stored properly.
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