Quote from: RedX on May 06, 2017, 01:53:25 AM

Quote from: lovesybitz on April 30, 2017, 05:13:21 PM

Quote from: wobber on December 28, 2010, 02:10:58 PM

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.

Right, our wallets are already used as our own bank. There are no difference with that. And why do you need a bitcoin bank when there's the usual bank to put all your savings? And I don't think the bank industry wouldn't that because imagine if a lot of people deposit a big chunk of bitcoin and then let's say after a month it's value tripled then those bitcoin bank would be bankrupt. I'm sure that an exchange in fiat for bitcoin will be an automatic features of those banks so sort of that things will likely to happen.

Maybe if someone can make a real bitcoin bank it must have a lending feature so that the bitcoin deposited to their bank by the people can grow because of the lending feature of it. But in bitcoin we have no papers so it will be became impossible because the users can run. So by the conclusion of it the best option is the bitcoin wallet that we have right now.