Post
Topic
Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
Theb
on 04/04/2017, 10:15:19 UTC
Why i need bitcoin bank while i have bitcoin to use whole system was about being able to be own bank to oursellves that is why Bitcoin bank is failed system

Exactly, having your own bitcoin wallet is already a bitcoin bank. And with this idea of "bitcoin bank" this will just regulate the usage of bitcoin in the economy of where you are living and the bad is that you will be controlled when to buy or sell your coins just like what is happening at China. Look at them now, I don't agree with this thing either.

I agree with you. While bitcoins are in my purse - I myself dispose of them. But when they are in the bank - this will already complicate the use of bitcoins. Why do I need it? I manage without a bank
You are all right Bitcoin Banks is a stupid idea, Because all the features of Bitcoin Wallets is almost identical to what Banks have to offer in terms of sending and receiving money without the fees. Also having a Bitcoin banks would eliminate the other features of Bitcoin from having a secrecy of the owner and its transaction and also the freedom of what you can do with that Bitcoin. And at the first place I don't think having a Bank that accepts Bitcoin is impossible because consumers will prefer loaning out Fiat currency in the first place.