Re: Bitcoin Bank

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?

Can you explain me why would we need bitcoin bank? Bitcoin is a digital currency and payment network, why would we pay someone to do easy things for us?
I`m new in all this, but isn`t the point of bitcoin to be alternative to the current system?

We don't need bitcoin bank, Remember the word of being your own bank. And it has given a lot of the meaning for us. We will never need bitcoin bank to keep or money especially crypto is in the grey area which will try to save your bitcoin on bitcoin bank is not a good decision.
They can be turned as scammer anytime.

Yes I`m aware of that, it`s something that I learned first about bitcoin and that`s why I was surprised when I saw this topic. I wanted explanation from the person that created this topic, I saw comments from people that support bitcoin bank idea, what I didn`t saw are valid arguments for that statment, and how that can be good for us users.

Probably the guy who posted this topic, had the idea of that bitcoin is much likely compared to gold because people save it for a long time and wait for the price to go up, and people who have a good amount of money have to option to turn it into gold so it could grow passively, and the only way they can store it is in the vault banks, and I think that is where the bitcoin bank comes from.

Well, I do not think that Bitcoin users will ever agree to Bitcoin banks. But why then change one to another we already have a banking activity for which people want to escape. If you create Bitcoin Bank to Bitcoin will lose all their advantages.