AriseBank - What is AriseBank?
Lately there has been a lot of controversy around AriseBank. One reason for this is that it has the word "Bank" in the name.
Let's review what the definition of Bank is:
bank2
baŋk
noun
noun: bank; plural noun: banks
- a financial establishment that uses money deposited by customers for investment, pays it out when required, makes loans at interest, and exchanges currency.
Per the AriseBank website it says the following:
"It's the first ever decentralized banking platform. AriseBank is the first decentralized banking product ever created and features one of the largest cryptocurrency platforms ever built, with services like AriseID, aEx, aiExchanger, aTransfer, AriseCard, aTMs, aPocket, aPay and more. aBank is completely decentralized, which means it's never hosted in our data center and we never touch your money. It's entirely hosted on your desktop and mobile devices."
So as you can see there is a big difference between a Bank that "uses money deposited by customers for investment" and "we never touch your money."
Personally I think AriseBank is not a bank as we understand a bank to be. It's better than a bank. Safer than a bank. It's not centralised like a bank.
The following list of websites and articles have been provided to help give you more understanding:
https://medium.com/@AriseBank/arisebank-announces-the-crypto-treaty-and-begins-the-purchase-process-of-an-fdic-insured-bank-b5d4b6a658dc
https://steemit.com/bitshares/@apasia.tech/arisebank-exclusive-round-up-news-and-telegram-live-channel-updates
https://medium.com/@AriseBank/arisebank-isnt-a-scam-it-s-a-victim-of-libel-and-slander-d30ed800f483
https://www.facebook.com/arisebank
https://www.youtube.com/channel/UCLugCa175CzPTR-13lrTUMA/
http://www.python-in-business.org/archive/%F0%9F%96%96-jared-rice-sr-with-the-worlds-first-cryptocurrency-bank/
https://github.com/AriseBank
https://www.linkedin.com/company/arisebank
https://www.scribd.com/document/365423927/AriseBank-Developer-Whitepaper-2017
https://www.trackico.io/ico/arisebank/
https://launchpad.net/arisebank
https://bitzamp.com/arise-bank-partners-with-bitshare/
https://bitcointalk.org/index.php?topic=2597016.0
https://twitter.com/arisebank
https://www.zerohedge.com/news/2017-12-15/cryptocurrency-bank-arisebank-acquire-100-year-old-fdic-bank-partner-bitshares
https://forum.pivx.org/t/2017-12-28-arisebank-announces-partnership-with-pivx/3092
https://steemit.com/arisebank/@prufarchy/a-christmas-conversation-with-arisebank-s-jared-rice-sr
https://steemit.com/bitshares/@apasia.tech/exclusive-bitshares-and-arisebank-partnership-insights-and-dialogue-with-ceo-jared-rice-sr
https://steemit.com/bitshares/@prufarchy/arisebank-is-aiming-to-decentralize-banking-with-help-from-bitshares
https://steemit.com/bitcoin/@romanesco1/why-have-you-not-heard-about-arisecoin-and-arisebank
https://steemit.com/trending/arisebank
https://medium.com/@AriseBank
https://medium.com/@michaelx777/arise-to-launch-1-100-crypto-atms-c26635184e81
https://medium.com/@AriseBank/introducing-the-arisecoin-desktop-wallet-eb692e718571
https://medium.com/@michaelx777/bitshares-and-arise-team-up-the-worlds-first-decentralized-bank-and-exchange-join-forces-db5b81369aa7
https://medium.com/@AriseBank/arisebank-officially-partners-with-pivx-a66134ec0352
https://www.reddit.com/r/BitShares/comments/7nsonx/arisebank_is_not_a_scam_proof_from_bitshares/
https://icoholder.com/en/ico/arisebank-17072
http://bitcoinist.com/arisebank-announces-bitshares-partnership-acquisition-fdic-insured-bank/
https://www.huffingtonpost.com/entry/cryptocurrency-bank-arisebank-to-acquire-fdic-insured_us_5a32bad1e4b00caf3d59eb28
https://steemit.com/bitshares/@bluerocktalk/breaking-news-evander-holyfield-and-bitshares
Here are a list of videos for further understanding:
You can also see a letter here from Jared Rice Sr. the Chief Executive Officer of AriseBank written by him and on behalf of the Arise governance.
https://drive.google.com/file/d/1xcC1DPY_6IZevRMAeAyDZ_Aa1lb2xzoZ/view
We The People are determined to take back our freedom and AriseBank along with Bitshares will be instrumental in achieving this.
I hope you can see beyond the FUD and that you are self determined enough to think for yourself and are not a sheeple who just does what he is told because some government department said so.
When it comes to freedom it requires you to be constantly alert and willing to fight for your freedom. If you don't you'll inevitably end up a salve.
Hey, good post. First time I looked into Arisebank, and I must say that it sounds great, and is definitely something I would support. Looking forward to exploring the possibilities. Bitshares is already working like a personal bank for me.
but I'm still wondering whether to buy or not
Me too... it has such a huge ICO raise... it's hard to imagine it getting great gains.
Especially now the words of the" first crypto-bank" sound quite naive to me,sorry
Arise Bank founder Jared Rice looks like he's about 29 years old, yet he goes by "Jared Rice Sr."?? Alarming?
Has anyone read his book, which supposedly came out in December?
your post is great...i think you talk about important thing.... and your writeing style is very nice... i impressed to see it
Fantastic post Tony! Look forward to being on this journey with you.
Good work
Yes, but everyone will stay out of the past
Well defined.... Thanks
Great post, thanks for the update. The world's first cryptobank.. It will either be a great achievement or another attempt of banks pretending they have people's best internet at hear to make money.
I did a post about how bitshares will link in with AriseBank, how their Dex could be improved etc. It is interesting to see how many possibilities there are!
@tonypeacock, nice round up! The letter to the Texas AG is epic. It should be required reading. I want to believe that our future is somehow coded in that letter. Cheers!