Will there ever be a Bitcoin Bank - page 2.

s0beit

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Quote from: squatz1 on November 13, 2017, 08:07:15 PM

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 believe that it is possible to have bitcoin banks in the future and I believe that it is a better way and opportunity for us to store our earnings in a safer and more secured place. Through it, we would be able to have a peace of mind and security for our earnings because we all know that banks are too risky these days.

Leyss

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Quote from: squatz1 on November 13, 2017, 08:07:15 PM

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 think that in the future there will be something like this in the crypto currency, which can be called a bank. If you do not touch on the basic principles of the existence of a crypto currency, then the creation of a bank that will issue loans in the crypto currency or perform other operations that will have similarities with the storage of money on a deposit, but in a crypto currency will be beneficial to all. I am sure that such forms in the business of crypto currency will be created, and in a variety of forms. Already, this forum is discussing the creation of ICO with similar functions of the bank in the crypto currency.

Strongball

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I think that might be a probability as soon as regulation is done and implemented.
But I don't know how will this actually go with banks and governments, Honestly
I'm quite comfortable with using wallets. They're easier, fast and convenient.
Banks can actually help, if banks and bitcoins would somehow fuse or work
together, it's gonna be a new world in the online financial scene. Crypto atm
machines would be common.

ironman2014

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Quote from: Hovhannes on April 25, 2018, 11:24:42 AM

I think that banks will never agree to this, because for them it will be the end. The time has not yet come, but the current banking system is very outdated and requires fundamental changes.

I agree that the current banking system is outdated, but I think if banks will agree then only on their own terms, which will be beneficial to them.

Kate Beckett

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Quote from: Andrej Peiboski on March 16, 2018, 05:16:58 PM

A bank for bitcoins makes no sense, because the bitcoin itself is a bank.
On the other hand, the exchanges are behaving like banks, so the banks for the bitocin are already there, for those who want to use them.

I am not sure we can say that Bitcoin itself is a bank. In my opinion, it is incorrect to say so. But I agree with the fact that banks contradict the essence of bitcoin and don`t make sense in these conditions. The main problem: if a bank doesn`t have a debit with a loan and the bank expects a collapse, then we won`t get any Bitcoin from it. And this is exactly what we want to avoid, using Bitcoin. Our money must remain with us and be safely preserved.

Hovhannes

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I think that banks will never agree to this, because for them it will be the end. The time has not yet come, but the current banking system is very outdated and requires fundamental changes.

Tiger Junk

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Quote from: sidodadii on April 13, 2018, 09:37:01 AM

Bank, however, will find ways to take advantage in all lines of the currency, is now beginning a lot ICO-based bank that is used to receive cryptocurrency, so that in the future there will be, inevitably we will still be dealing with the banks, but the most important thing we can more secure with cryptocurrency than with fiat.

Well i think it is possible to happen in the future, that this world can have a bitcoin bank, and when that will happen a lot of holders and supporters of bitcoin will be very happy, and i also want to see a bitcoin banks because i think it will surely support by many people.

lubot sa yawa

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Quote from: squatz1 on November 13, 2017, 08:07:15 PM

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.

Now we have already a detarius crypto bank as I saw in you tube they are using block chain technology and accepting other services like transfer from Fiat money to crypto or crypto to Fiat money. And this is decentralize.

Cairo18

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Quote from: guxu219 on April 22, 2018, 11:05:21 PM

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.

Maybe soon if almost people know bitcoin.It is also easy for us to know how many currencies will be saved in our account and can easily widraw our many that we invest if we like it. It is also secured that be deposit in the bank.

guxu219

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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.

dz roknroll27

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Bitcoin wasn't under controlled of anything so that's why the price of Bitcoin isn't stable. Bitcoin users are getting more and more expensive Bitcoin prices. I think someday there will be a Bitcoin Bank.

jerry3k5jamiso1

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I believe the Blockchain platform is the safest and most effective way to manage bitcoins as well as other crypto without the need for a bank. Because banks no longer get much support, investors move to cryptocurrency so there is no need for a bitcoinbank to manage bitcoins.

whyrqa

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Quote from: BitcoinPaw on April 13, 2018, 01:32:49 PM

The main purpose of bitcoin is decentralization and you offering to make a bank? It will never happen and i am very happy because i hate banks.

Generally speaking, there is nothing wrong with the banking system until a person comes to the bank himself and there are no loans that will take a huge interest on return. Nobody forces to take a loan, but people do it all the same.

MinutePatience

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As it is a decentralized asset, I think it shouldn't have a formal bank.

mlgblockchain

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The exchanges are kind of like a bank don't you think?

BitcoinPaw

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The main purpose of bitcoin is decentralization and you offering to make a bank? It will never happen and i am very happy because i hate banks.

margert

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Quote from: squatz1 on November 13, 2017, 08:07:15 PM

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 believe that in the future there will be a bitcoin bank, you can see that bitcoin is now linked with many banks around the world and the rationale has strongly promoted the closer approach of bitcoin for human life. So the bitcoin bank was born as a necessity of the development of society. Bitcoin will be our future currency.

bncbnc

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Quote from: TIDOVEE on April 13, 2018, 08:58:54 AM

As think as time goes on,their may be bitcoin bank. Though if it could be done well, I mean technologically, it may not need a bank,but there could be like ATM for withdrawal after exchange. Even POS can be made more available for direct transactions.

In present time i do not know anything about that either there is any bitcoin bank or not, but i also hope that in future when bitcoin will become more common then we can expect that bitcoin banks will be establish, because bitcoin is expected to be the future currency and all the people of the world will use bitcoin in their daily affairs. Therefore in future we can expect bitcoin banks.

sidodadii

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Bank, however, will find ways to take advantage in all lines of the currency, is now beginning a lot ICO-based bank that is used to receive cryptocurrency, so that in the future there will be, inevitably we will still be dealing with the banks, but the most important thing we can more secure with cryptocurrency than with fiat.

zngit

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Try to take a look in this

https://bitcointalksearch.org/topic/bank-of-america-to-store-data-on-the-blockchain-3312643

I do believe that now there are banks with relation to cryptocurrency in the world already. In every year passes by people wants more service of bitcoin including the banks related with cryptocurrency. Upgrading of system to meet the needs of people that necessary. The transaction is depends.

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