Post
Topic
Board Economics
Re: Will there ever be a Bitcoin Bank
by
Reesefrias
on 09/01/2018, 16:57:43 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.

Having a bitcoin bank would be great but it is really far from reality since most of the banks here in our era is against botcoin thing, their allergic about this stuff knowing bitcoin is very good source of income already.  They think accepting the bitcoin on their bank would be a way to close the business, but in fact bitcoin is one of the most high value of money these days. So having a bitcoin bank would be a long procedure since it will require clear explanation why it has a bank for bitcoin. Far from reality but possible in future. Imposaible because it needs to be validate by the company first.