Post
Topic
Board Economics
Re: Will there ever be a Bitcoin Bank
by
Altero
on 09/01/2018, 16:20:56 UTC
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.


Yes it is possible since bitcoin is a great investment. A lot of bitcoin users are waiting for it because most of them don't know where to keep and store their money safely. Most of banks these days has fraud issues that affects the earnings  of most people who trust banks. Most of the banks these days don't worth our trust so I wish bitcoin would build their own bank.
I don't think that we need banks for us to stored our coins/tokens considering that we can stored it in our wallet through online, unless we converted it into fiat money. Actually banks are aware about this form of currency and I also believe that they have plan for this in order to catch-up the fast growing investment  which could possible that it can affect their system.