Topic: All these banks are now useing bitcoin - page 2. (Read 2649 times)
Here in our country, the bitcoin wallet can have bitcoins through banks. We will just select the bank that we wish to deposit our currency and without any fees. Then when the money was already in your wallet then you can convert it into bitcoins. We can also pay our bills like utilities and credit cards with bitcoins. So I think it is allowed here in our country. They encourage people to use this wallet by giving some rebates of 5% up to 10%.
i think i will be better if bank will accept btc .if bank will acceot btc then we don't need to use escrow system and loss in ttamsaction like 1% to buy sell at exchange site . this will be reduce into 0.5% or less .in this way everyone has the better opportunity for trading with less transactions loss
Do you know the transaction charges in bank is how much, if bitcoin is used by bank then they will also charge you for every transaction. i think you have never used your bank properly. Why bitcoin is getting so importance is due to bank charges high.
i think i will be better if bank will accept btc .if bank will acceot btc then we don't need to use escrow system and loss in ttamsaction like 1% to buy sell at exchange site . this will be reduce into 0.5% or less .in this way everyone has the better opportunity for trading with less transactions loss
Banks adopting bitcoins would be the best option for us as we'll get the security that our coins are in safe hands and the rate of scamming that goes on here will be reduced to a great extent. I would be happy to keep my money with a bank rather than use an online wallet and living with the fear of it getting hacked or stolen.
It won't be a good idea as we are using bitcoins because it is anonymous (we save taxes) and because of the volitality. If banks adopt this currency, we'll get a stable price and it won't be like a demat account where the share prices depend on the market but it will be in complete control of the Government. Hello Mate
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
Not a good thing. They will find some way to corrupt it, and it is going to get taxed, which is going to be a terrible thing, and they are going to restrict a lot of the freedoms that are brought along with what we have right now.I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
Privacy and anonymity would definitely also be harder to maintain, and chances are there would be more tracking and so happening.
For me it is good to all users if all banks starting to adopt bitcoin we can easily deposit and withdraw our bitcoin and it would be more available in different stores. Bitcoin has a big impact if bank will accept their system.
Well, I agree it will impact bitcoin both in a negative and a positive way if banks adopt it "Doubt that will happen anytime soon though", Positively the price will improve and it would encourage a wider portion of population to engage in BTC's, as well as possible interest in BTC for depositers. Negatively I think it would take a big portion of privacy and decentralization of bitcoin.
And the fact is bank never interesting about bitcoin and just having an intention about the system is used by bitcoin and that is a blockchain system, negative or positive impact it just your speculation. and will never happened in this time.
I don’t think that Banks are going to adopt Bitcoin. Bitcoin is completely opposing banks with decentralisation. It makes no sense for banks to adopt a decentralised cryptocurrency. 
After all, they do run on completely different ideas. It is like making friends with your archenemy!
After all, they do run on completely different ideas. It is like making friends with your archenemy! 
Well, I agree it will impact bitcoin both in a negative and a positive way if banks adopt it "Doubt that will happen anytime soon though", Positively the price will improve and it would encourage a wider portion of population to engage in BTC's, as well as possible interest in BTC for depositers. Negatively I think it would take a big portion of privacy and decentralization of bitcoin.
i dont think it will effect the bitcoin in a negative way to be honest, people will always want to have bitcoin decentralized and banks wont change that
If we will have bitcoin debit card and will have a similar system to buy bitcoins then I think we do not need any bank as we are happy with that available system of bitcoin, as with debit I am very happy and I do not use my banks any more to withdraw my money.
If bank start using it then it is game over cause banks always try to take advantage and legally milk people as much as possible. even worse case would be if banks made up their own cryptocurrency and get way more famous because they already have majority of fiat and then bitcoin would be overtaken and the whole idea behind crpytocurrency would be destoryed.
you are right, though i doubt that banks would take risks and start using bitcoins because they would be afraid that people will not like it as bitcoin is a decentralized currency
Banks adopting bitcoins would be the best option for us as we'll get the security that our coins are in safe hands and the rate of scamming that goes on here will be reduced to a great extent. I would be happy to keep my money with a bank rather than use an online wallet and living with the fear of it getting hacked or stolen.
If bank start using it then it is game over cause banks always try to take advantage and legally milk people as much as possible. even worse case would be if banks made up their own cryptocurrency and get way more famous because they already have majority of fiat and then bitcoin would be overtaken and the whole idea behind crpytocurrency would be destoryed.
Bitcoin would be like converted into what our physical money is right now.
Like taxes and such. Yeah, it can be called as basically "destoyed".
Hello Mate
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
Banks will not adopt Bitcoin.At least not directly.
The reason for that is pretty simple. They can not control it.
However I could imagine them issuing certificates which are connected to Bitcoin and where they could try to influence the price of Bitcoin with it.Similar to so many gold certificates floating around and exist 300 times more than real gold.
So if banks try to get involved with Bitcoin in any way I'm pretty sure it's not for good.
I think that commercial banks sure will adopt in some way, but i doubt about central governments banks coz their power is based on exclusive emission rights and bitcoin is decentralized, no one wants to lose thiier power, so in some countries they will even try to stop crypto currencies
Hello Mate
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
Banks will never accept bitcoin because bitcoin is not that in the long run let\s say that many people are are using bitcoin even we said that the 23% of the world nowadays are using bitcoin as currency and yes some banks are partnered already in some exchange website where the buyer can easily deposit the money.
first of all bank will never accept bitcoin. because both are completely different things. and banks don't even like bitcoin. even in some countries bitcoin is illegal.
but if by chance it happens then it will be very bad. because then banks will controll everyone's wallets, and we can't be our own banks anymore.
but if by chance it happens then it will be very bad. because then banks will controll everyone's wallets, and we can't be our own banks anymore.
Yeah it's very true. I also don't see that user's bank in receiving bitcoin is an impact that is good for the growth of the bitcoin. because the bank will definitely do the policy can no longer we did previously, because the bank is central to distribute money and data center
this time in my country no one BANK which accept bitcoin. I think it would be quite difficult. but the development of the current bitcoin is so good, in my opinion can make bitcoin accepted by the bank in the future. bitcoin just takes time to get into the economic system of the bank.
first of all bank will never accept bitcoin. because both are completely different things. and banks don't even like bitcoin. even in some countries bitcoin is illegal.
but if by chance it happens then it will be very bad. because then banks will controll everyone's wallets, and we can't be our own banks anymore.
but if by chance it happens then it will be very bad. because then banks will controll everyone's wallets, and we can't be our own banks anymore.
Hello Mate
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
I want to asks you all a question, all of us knows that bitcoin 83% protect our privacy if you use it well
Now will you be happy if banks around the word adopt bitcoin?
Will it be a Good-thing or a Bad one?
Will it affect you if yes in which areas?
hey, kindly explain how you arrived at 83% protection to privacy.?
I think banks will not adopt bitcoin just like that. If you meant by adopting the technology behind bitcoin that is block chain, then yes not just the banks but almost everybody will adopt block chain in future. And bitcoin is definitely a good thing!
Block chain can simply change everything we see in present world as it's applications are huge.
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