Quote from: ffe on February 06, 2017, 05:27:22 AM

Quote from: Schuyler on February 06, 2017, 04:45:53 AM

Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.

I can't figure out the output of having a bitcoin bank.Is it similar from the fiat currency system? I just wonder if how really it works.

Banks make loans. They are very good at transforming an ability to generate money over time (a job) into a loan (a mortgage to buy a home).
They have capital and they take risks. That's what they do.

There is no market for this service in bitcoin because no one in his right mind will take out a loan in bitcoin. Bitcoin appreciates too much.

So, no. No bitcoin banks any time soon.

Yes, bank can help us a lot, but in terms for their capital and profit, we are not sure about it. Those interests can make us bankrupt, we need that kind of bank, but in terms on interest, our earnings will lost. For me, bitcoin must have a bitcoin bank, but, if you think you are going to risk your money, do not invest your money in bank. We should know about the cause and effects of banks.