Post
Topic
Board Economics
Re: Will there ever be a Bitcoin Bank
by
doomloop
on 12/01/2018, 19:04:43 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.


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 am not agree with you mate I mean no doubt that bitcoin is a great investment and it will get more high in future but this is not good according to me because if it will happen then bitcoin will bound to fixed and particular number of investors but if e will invest in some of online web site of bitcoin then it will not be a bank like system at all. Bitcoin price use to increase and decrease but if we will put bitcoin in something like banks then price will not rise and people will not show interest for bitcoin then so for me it is not good idea.