Post
Topic
Board Economics
Re: Build a Bank Of Bitcoin
by
DPrillio
on 19/08/2018, 22:34:45 UTC
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?

Everyone can build a bank into bitcoin. If I am going to build a bank too it will surely save my money and can beat the sving into high. People will surely loves saving in bitcoin because of the assurance that can give than the other.
Saving bitcoin is just like banking but is far to the definition and execution of banking system, there are exchanges that are acting like a bank by giving percentage of our deposited bitcoin, I think its good but additional risk is always there that is why I prefer to used my own wallet as my savings to reduce risk.