Post
Topic
Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
abayan
on 22/10/2016, 10:14:48 UTC
No because if there an bitcoin bank then how about our bitcoin wallets? that we use to stock our bitcoin from earnings and if there an bitcoin bank i will not totatly deposit my bitcoin if there an fee's like bitcoin wallet it much more better to use bitcoin wallets than bank Tongue just saying.
I think you're free to choose to use bitcoin wallet or bank bitcoin. both have the same function that is a medium for storing bitcoin, the difference is that you can make a profit when you save your bitcoin in a bank bitcoin
but i think you can even make profit if your bitcoins are in your wallets, as if the price goes up your profit increasing, but if you are saving your money in banks then its mean that you cannot use it for trading or in gambling or somewhere else, as you have to withdraw your bitcoin first and then you have to invest it, but if your money is with you in your wallet then you can use it directly for trading purposes.
You are right! Sort of if you bitcoin is in the bank you cant use it unless you withdraw it unlike in our wallet we can easily send and receive any bitcoin. You can do gambles or do some investment unlike when you want to get your money i think it really takes an hour but the only thing is it is more safer if your bitcoin is in the bank.