Bank system

[Whitcomb The Feared]

As in real banking system.
The banker pays a rate of interest on deposits
The banker receives a rate of interest on loans

People receive a rate of interest on their deposits
People pay a rate of interest on their loans

Here the bank is just to vaporize money out of the game to hide billions. And with all those billions the capital is so abundant that the demand of money is very low. So nobody asks for loans.

And this lack of physicality is another problem. There is a teleport for bank accounts that are ridiculous in a game based on pirates if all the game was based on living in a port and having to expand this port with a fort, having banks that hold gold that will be invested on the fort or on other buildings or plantations or in buying new ships. Of course the port will need protection but also funds to pay military Navy. Then so a trade system to make profits,... and so the money would be in banks yes ! But it could be plundered cause it would be phisically on the map, like buried treasures.

[Meliva]

yeah, if you force banks to pay clients interest I am immediately shutting my down and making it a private vault. And I bet 90% of other bankers will do the same.

The cost to build those things is insane-both in time, and resources. And it will most likely NEVER pay itself off. But I like having a private vault for myself, and to allow others to store gold too, as it's a good tool for everyone to have.

Now if a small interest was paid by the game, or perhaps as a nation law to encourage deposits That might be reasonable. But that's still a messy issue that would really need work before it can be added

[DezNutz]

As in real banking system.
The banker pays a rate of interest on deposits
The banker receives a rate of interest on loans

People receive a rate of interest on their deposits
People pay a rate of interest on their loans

Here the bank is just to vaporize money out of the game to hide billions. And with all those billions the capital is so abundant that the demand of money is very low. So nobody asks for loans.

And this lack of physicality is another problem. There is a teleport for bank accounts that are ridiculous in a game based on pirates if all the game was based on living in a port and having to expand this port with a fort, having banks that hold gold that will be invested on the fort or on other buildings or plantations or in buying new ships. Of course the port will need protection but also funds to pay military Navy. Then so a trade system to make profits,... and so the money would be in banks yes ! But it could be plundered cause it would be phisically on the map, like buried treasures.

So you want the banker to pay out of their own money to those that use their bank?

I don't think you have the foggiest about how much it costs to build a bank. Build a Lvl 20 Bank and tell me how much you want to just give away money to those that have money in your bank.

Additionally, the real world banking system has options that don't exist in this game. As much as I have done it, you can't compare RL to the systems of this game.

[Whitcomb The Feared]

I wrote a comment here but I don’t find it anymore ...

Anyway, I don’t compare a bank of today with globalization and international finance. I just say that a bank of 1600-1800 (the piracy era) were buildings where gold was stored.
At the time people paid to deposit money (today it is the opposite, people receive interests on their deposits).

But what is the bank in this game ? Just a mere hideout not-plunderable where to store billions and nobody can steal it. What is the sense of that ? No sense.

And last point. You say not to compare, but here banks are exactly as our actual banks. They can move billions via internet and in the game is the same, money flies from port to port, no plunderable.

It’s why I say that banks should be real banks. Where people deposit money to be safe (then deciding if putting rates of interest on deposits or that people pay to store their money).
But at the same time, bankers need to decide where to put physically their bank (in which port). So that bank will be plunderable. In that case a bank will be a bank

[Sir Henry Morgan]

If the bank became plunderable, I would close my bank, as it proves no safer for anyone than burying gold coin.

The bank was built as a gold coin sinker - a place to spend one's swag. It costs over 2B GC to build a level 20 and breaks 4B to maximize technologies.

One can plunder a bank - take out a loan and don't pay it back. I realize you do that only once, as bankers will inform each other.

Banks enable other features to operate - without them, it would prove difficult for plantations and warehouse markets to operate.


The true issue is the many ways gold coin can be made - it tends to accumulate after you have been around a while. Trading, fishing, plunder, skirmish, nation treasuries, and the secondary markets of ships, voodoo cards and credits all can be done to generate GC.

To build a bank is just another place to spend it, and move it around. While it can generate some income, it is not a profit center. That said, the bigger the bank, the more that can be done with it.

[Whitcomb The Feared]

So why calling it a bank if at the end it’s only a way to hide money in something not plunderable ?
Nobody will take loans if there is so abundance of capital. So what is the purpose of this feature ?

[Grimrock Litless]

Besides the high cost to build banks, loans are usually the only way for the bank you build to pay itself, but with currently no way to run after the loaned for the money back if they don't pay, getting interest for the money you deposited is basically suicide to your money as the banker.

[Whitcomb The Feared]

yeah but who will take a loan if everyone has a bank and wants to issue a loan ? nobody

[Shaydo]

yeah but who will take a loan if everyone has a bank and wants to issue a loan ? nobody

Those that require more money than they currently have will take loans. Is that not how loans work?

[Whitcomb The Feared]

but if everyone has a bank and wants to issue loans, nobody will borrow money nobody wants to be in debt. It is why i don't get the point of the bank system here if there is only the supply side and not the demand side.