“bitcoin: mining our own business since 2009” — Pieter Wuille
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Jr. Member Offline
Activity: 34
If the project what you mean an impact of good , what is wrong ? maybe it has been a piece of work those who want to extended . ~
Well, if “bitcoin bank” gives the best effect for everyone, of course it is a good idea ..
But, in my view, if bitcoin bank exists. Course there will be those who will control it. By doing so, bitcoin is no longer anonimity.
Exactly, so I would not agree seeing a bitcoin bank that defeats the purpose of bitcoin. We want freedom and we can only have that when bitcoin will continue to be purely decentralized. Banks will make it centralized and we will all be required to pass on the requirements like the documentation and everything to comply with the AMLC and prevent money laundering.
Services acting as bitcoin bank don’t go against the purpose of bitcoin at all. It is nothing more than an optional service that you can use if you so wish. If you don’t want to make use of it, then you don’t have to. I think that’s the pure definition of freedom, right? No one will be forcing you to make use of it. I personally wouldn’t make use of such a service, but if others will do so, then why should that be a problem?
I agree, it is upon on the person if he would like to use that service,. However, using bitcoin bank would be more convinient for every bitcoin holders to easily withdraw and deposit their money using fiat money to be converted into btc vice versa. If botcoin bank come, the market of bitcoin would certainly spread.
I don’t have any problem with my local exchange now and honestly, it’s fast as withdrawing in bank because I can do it only and withdraw cash to a designated ATM. I don’t know what will change with the advent of bitcoin Bank if so happen in the future but I’m pretty sure it will not be popular.
People would rather preserve their personal information and not entrust the bank on it, without a bank we can do away with taxes and we can freely spend our bitcoins without limitation as long as we are responsible in doing it.
Newbie Offline
Activity: 20
no one will surely agree to this idea.. who would want that your coins will be controlled by the authority and put some taxes on it? no one right. bitcoin is freedom and not for any ones control. if we will have a bitcoin bank then a certain people will have control of our coins.
Published at Tue, 28 Mar 2017 14:06:02 +0000
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”] – Web Wednesday V83 – 047 bitcoin at Web Wednesday HK – 19th March 2014
83rd social mixer event – networking for the Hong Kong’s internet entrepreneurs and digital media executives.
An interview with two crypto-currency entrepreneurs:
Dave Shin, Founder of Cryptomex, an ambitious alternative for raising company funds via IPOs (initial public offerings) traded in Bitcoins.
Ken Lo, CEO of Anxbtc bitcoin Exchange, a new marketplace for trading Bitcoins, recently launched in Hong Kong.
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