Re: There is any Bitcoin "products" for Banks?

Quote from: Mrprobit on October 20, 2017, 06:24:51 AM

Quote from: ethereumhunter on February 07, 2017, 07:45:58 AM

i don't think that there will be a special wallet that can be used for bitcoin and the bank, its better to have each of wallet for bitcoin and bank. i think if bank is using the blockchain technology, then bitcoin will be include in the transaction and can be act like fiat as new type of money.

I am new and curious also, as per i know the core purpose of bitcoin is to decentralized the wealth,But if bank stating using it banks will hold and significant number of bitcoin and then they can control the price and make it centralized cause they will hold our private keys.Am i wrong with my point still confused.. Huh

The main purpose of bitcoin is having a new way peer 2 peer system transactions which you can actually read up on its white paper but yet you can really hide your wealth there since its a decantralized thing. Bank can only use up the blockchain technology but not on Bitcoin itself since it cant really be controlled by anybody which means any institution wont really bother to accept or adopt its since they already know its feature which isnt really necessary to be used at all.