Quote from: Mirconome on December 05, 2016, 04:50:53 AM

Quote from: richardsNY on December 02, 2016, 05:37:21 PM

Quote from: GregH37 on December 02, 2016, 05:13:08 PM

Quote from: crairezx20 on November 30, 2016, 05:21:50 PM

Quote from: amiryaqot on November 30, 2016, 04:50:26 PM

I don't understand the idea of bitcoin bank who will hold the funds which is totally against the spirit of bitcoin, everybody love bitcoin because of freedom so that I'm against this idea, very hard to understand why would we give our coins to 3rd party without any security about our funds, investment in bitcoin is better than this idea.

You have the point and i think we have already use the wallet as our bank.. and i think we dont need bitcoin bank except for ATM or any bitcoin machine that can withdraw and deposit bitcoin instantly.. will be a good idea to spread worldwide than bitcoin banks..

We are using it anonymously so if there is bitcoin bank i think they need our identity in order to be member of that bank..

The difference is that you may get a loan or get interest with banks as well which our bitcoin wallets cant provide. Bitcoin Bank is against the basic concepts of bitcoin but that is what people want the bank to be I assume. When bitcoin hits main stream of adoptions, people may start forgetting to demand for bitcoin banks.

People getting a financial gain such as interest over the coins they save there is the only reason. I can't think of anything else that people may find so interesting, that they throw away their full control over their coins. You said loans, but there are several other ways of how you can get a Bitcoin related loan. Think about certain Bitcoin lending sites, the community that you can ask for a loan, etc. No need for a service that is saying to be a "Bitcoin bank".

I do not understand the essence of bitcoin bank. Although there are already some banks in bitcoin information. Just the very foundation of decentralized bitcoin tells a different story. Therefore, it is not that clear.

Yup the point of a bank's business is loaning money that you owned and they are the ones earning from it, However in the Bitcoin world their are thousands of people who are willing to loan their Bitcoin in an exchange for interest. The problem is this people who loan can't hold a big amount of Bitcoin unlike banks who can handle billions of dollars. For me just go to a Fiat bank if you will loan that big of amount.