Quote from: phutakami on November 14, 2017, 01:24:26 AM

Quote from: squatz1 on November 14, 2017, 01:07:15 AM

Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.

I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.

I believe it is possible but not impossible, as in my country the banks are fighting against bitcoin as it is causing many obstacles to their development.

Bitcoin does not need a bank because bitcoin does not have a physical look so just keep it in the wallet ie online wallet. It's just for the progress of bitcoin must have a clear company address so many people will be more confident about bitcoin because there is already a clear address. We also have to know many obstacles in bitcoin, government and bank, but even so, bitcoin should not replicate how to create a bank because they will change the identity of the bitcoin which is very privacy and does not bother draining the administration because this is the identity of bitcoin.