unFinished BitBank WhitePaper

Below is a rough draft of 3D's BitBank, I could use help revising and figuring out what's missing.

BitBank
| Bitcoin Savings | Crypto Financial Advice | Futurists |

In the blockchain & crypto world there is a lack of diversity in Bitcoin based/backed businesses. Most of the broad diversity within the blockchain & crypto world are only within Multi-Level Marketing (aka “Ponzi scams”). Marketing scams are becoming the fad for online business practices as more less skilled coders and programmers are appearing around the internet. Cryptocurrency is a point where much of the technical side of the system is open source, can easily be copy and pasted to build a Cryptocoin or a crypto website within minutes to days instead of months to years. BitBank wants to end Bitcoin doublers, mixers, lenders, mlm and other ponzi scams within the crypto world with Bitcoin Savings Accounts.

Bitcoin Savings Accounts are where investors can place their Bitcoins to hold for 200 days to earn approximately 180% on their holding funds. Each BitBank branch has limited Savings Accounts so investors have to request a spot in a savings account. At the start, each savings account can only hold 20.00000000 BTC so investor spots are based on their investment in bitcoin. Bitcoin Savings Accounts work because of BitBank's third party group. BitBank works with a growing number of crypto websites that take bitcoin loans to pay out game winners, to invest in smaller mining companies/mining pools and to help start bitcoin faucets (advertisement payout sites). BitBank pays investors a percentage on the original investment just as some USA banks and financial institutions do today.

Many people are uneducated on the fast past, growing cryptocurrency like Bitcoins. Many of the newer people trying to adapt to bitcoins are getting cheated or it seems to complicated for people to begin getting into. BitBank wants to offer financial advice to newcomers and people wanting more information about crypto and blockchain technology. Loan officers and fiat banks offer explanatory services to people about loans, credit, stocks and bonds. BitBank wants to have correct, accurate, proper crypto information & explanations for everyone so less people won't be scammed, scared, worried with crypto.

Among the original Bitcoin Savings Account system are steps to help people adapt to cryptocurrency. For example, BitBank only takes in amounts equal to a trade value but then never again goes by the trade value. BitBank allows people to learn the terminology, look and use differences between fiat and crypto without most investors knowing they are being taught the new information.

The creator of BitBank and Bitcoin Savings Account (Douglas “3D” P.) is an expert business manager, trainer and hard worker so when the idea of a Bitcoin bank like financial concept developed in his mind, he quickly designed a natural training system and other common techniques used in regular business everyday within his system. BitBank hopes to fill in a major gap between common people and cryptocurrency with correct crypto knowledge, a proper business model, great work ethics, on-point math & a never ending amount of hard work.

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