Bank moving towards bitcoin soon? - page 4.

Yassarsian

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Quote from: muhcoins on October 17, 2016, 11:08:12 AM

it is just a matter of time... they will come to bitcoin.
of course FIAT will always be the main currency for banks, but why wouldnt they accept bitcoin too(wallet, conversion and other services)?

I heard a Spanish bank is experimenting sending money token on the Ethereum network. I do not know about the bitcoin.

Theb

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Define the word "Soon". There might be a slim chance near to zero on what you are talking about, local businesses have not even touch cryptocurrency yet and you are expecting that there will be a bank for bitcoins. Banks are run by smart people they know that Bitcoin is very volatile in which the chances of having a high price are the same as having a low price. I am guessing it won't happen as Banks regulated by the government also.

muhcoins

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it is just a matter of time... they will come to bitcoin.
of course FIAT will always be the main currency for banks, but why wouldnt they accept bitcoin too(wallet, conversion and other services)?

croutonhexagon

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Wow is a great news because I had seen less love for bitcoin so there is less buy and sell and bitcoin is in stable stage. If bank move towards bitcoin the then there would be a good chances of price hike.

jtalk

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As far as I know from different media news is that banks have invested and are interested in blockchain technology alone making is separate from Bitcoin. Banks never accepted Bitcoin and will never do since it has snatched big share of online transfers and transactions which was good source of income generating was banks.

ABCbits

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There's no way bank moving towards bitcoin unless bitcoin is legal in their country and many people use bitcoin there.
Bank don't want bitcoin become popular because centralized is what makes them strong Roll Eyes

To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.

yayayo

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What banks do you mean - investment banks or central banks? I don't think it's probable that we will see banks moving into Bitcoin anytime soon. Banks have decided to go full altcoin a while ago by promoting "blockchain technology" as a new method of operating a centrally controlled database. Their cognitive dissonance and outright stupidity coupled with a extreme feeling of self-importance doesn't allow them to simply use Bitcoin. Besides that, Bitcoin makes banks as we know them pretty much obsolete.

If central banks would be wise they would buy Bitcoin now at very low prices to keep them as valuable assets that could contribute significantly to a nations economic power in a post-fiat era. But I doubt that there are many progressive thinkers among the established banking elites. After all, most central banks started buying gold, after it already had become significantly more expensive and the BoE sold its holding at the absolute low in the early 00's...

ya.ya.yo!

~Bitcoin~

legendary

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Chinese people seem love to bitcoin and it is the country with largest amount of bitcoin miner so basically china is already collecting bitcoin but what Russia is doing behind the scene is unknown. But even if any country start to grab few bitcoin to hold for worst economic situation in future like during worldwar they will grab it silently and i highly doubt any country to announce this officially.

bitbunnny

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I've also heard that some world banks have shown the interest about Bitcoin, besides blockchain technology. Also that some are secretly investing in Bitcoin despite the public rebel and hate speaches aginst cryptocurrencies, especialy Bitcoin.
Like they say, if there is a smoke, there is also the fire. It wouldn't surprise me if this was true.

unusualfacts30

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China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?

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