Post
Topic
Board Economics
Re: Bitcoin Bank
by
Idrisu
on 30/04/2017, 17:27:49 UTC
Did anyone think at this? How would a bank work? How could you loan bitcoins and get interest for them in an economy with just 21 milion BTC limit?

As far as I know, we are the bank of our own bitcoin savings. And if there is someone will establish a bank, I won't entertain their
services anyway, because most bank I mean all banks are regulated industry and while bitcoin was not.
yes lovesybitz, we are our banks. You wallet is your bank account and you can have online and private wallet on your computer. What this means is that as bitcoin holders you can send, save and used your bitcoin with being control by any group of people and countries or financial system and regulations. Bitcoin is decentralized and that makes it different from other money system.