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Topic: Bitcoin connected to our banks!!! (Read 2020 times)

member
Activity: 606
Merit: 10
December 16, 2018, 11:09:59 PM
Based on how regulation at the country you stay, my country still not allowed for using bitcoin as transaction payment and only for investing or trading, it impossible could connected bitcoin to our bank account at the future.
newbie
Activity: 10
Merit: 0
December 16, 2018, 10:51:38 PM
i think in the future BTC and bank will link with each other
newbie
Activity: 12
Merit: 0
December 16, 2018, 10:46:02 PM
i think very hard to connect bro.
newbie
Activity: 75
Merit: 0
December 16, 2018, 10:38:08 PM
I think that every year more and more banks will be engaged in the storage of Bitcoin. I think that this will be a big step in the promotion of cryptocurrency. It sounds incredible but it can become a reality.
I believe that soon the bank will be involved in the world of cryptocurrency, because the basic principle of banking is to seek profits. So a business as big as cryptocurrency will be very attractive to banks, all that is needed is rules related to banks with cryptocurrency.
full member
Activity: 1258
Merit: 104
December 01, 2018, 12:04:49 PM
In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?

all of that can sometimes happen. but we don't know what the reality is. the problem is that the estimates sometimes cannot be exact and result in false news circulating. therefore we better see directly than predict what is not so clear.
member
Activity: 296
Merit: 10
December 01, 2018, 11:15:30 AM
I think this will depend on the banks whether they would accept bitcoin or not, and it also depends on the country. The country that banned bitcoin will not allow this anymore.

That's what I expect to happen and I have other thoughts about that. I hope that they will accept bitcoin, because the BTC is experiencing tremendous fluctuations and hope to have a place to develop to a new level, develop more than in previous years and overcome the big change on this time Grin.
member
Activity: 784
Merit: 10
December 01, 2018, 11:09:22 AM
I think this will depend on the banks whether they would accept bitcoin or not, and it also depends on the country. The country that banned bitcoin will not allow this anymore.
full member
Activity: 476
Merit: 102
Kuvacash.com
December 01, 2018, 10:50:19 AM
Although I would like bitcoin to follow its anonymous and centralized nature, this is probably what happens, in the end, we will have a lighter version of bitcoin that is associated with banks so that people can make their transactions without problems, it is not ideal, but at least it is something.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
December 01, 2018, 10:47:03 AM
You can do this right now. It will take a bit of time however because fiat is inherently slow. A bitcoin transaction is normally settled in an hour, but fiat takes days to settle. So any system that allows immediate switching between fiat and BTC will have to incur volatility risk.  That is a non-starter. A business can not cover a 30% loss in btc value while they fumble around settling paper money. So the shortest insurable transfer has to take days.





hero member
Activity: 759
Merit: 500
December 01, 2018, 10:33:14 AM
Yes, it all depends on the country if the country accepted bitcoin, of course the bank will provide additional services for bitcoin, but if the country doesn’t accept bitcoin, the bank cannot add services for bitcoin, the bank must follow the rules in that country.
sr. member
Activity: 2128
Merit: 259
SOL.BIOKRIPT.COM
November 29, 2018, 04:48:12 PM
At future if BTC will legalize in my country and banks are accepted Bitcoins than definitely there are many big companies/projects accepted it and added BTC in their payment method. Now it's dream but hopefully it will reality i believe. Government will should make new cryptocurrencies regulations.               
full member
Activity: 936
Merit: 100
November 29, 2018, 01:18:15 PM
Well, there are local banks that accepts dollar and euro accounts. In my imagination, banks with their native currencies plus major cryptocurrency like bitcoin why not but because of ultra volatility of bitcoin, I think it will not be easy for banks to do it. Any way there is a crypto exchange in my place that can convert your bitcoin and ethereum into local currency and send the equivalent to your bank account.
The bank still feels hard to accept bitcoin as a connection because the banking system with the real currency will feel threatened. for now the better way is to sell bitcoin and send money to the bank account that will be easier.
sr. member
Activity: 714
Merit: 250
November 29, 2018, 11:55:31 AM
I think that every year more and more banks will be engaged in the storage of Bitcoin. I think that this will be a big step in the promotion of cryptocurrency. It sounds incredible but it can become a reality.
it's a good thing if bitcoin supports the bank and my advice is to develop in each country the government should approve this matter right
member
Activity: 420
Merit: 10
November 29, 2018, 11:39:20 AM
blockchain technology is currently being studied in various banks and industry and bitcoin has also been adopted in various countries so this technology has been generally accepted, but it seems that the bank still has not received a fluctuating bitcoin price
full member
Activity: 392
Merit: 101
November 29, 2018, 06:43:27 AM
Maybe with the advancement of time and technology that continues to grow, banks can adopt bitcoin so that banks can accept the goodness of bitcoin by working together. Transactions are fast and even get easy to swap from digital to fiat or vice versa.
hero member
Activity: 2128
Merit: 520
November 29, 2018, 06:42:25 AM
I think that every year more and more banks will be engaged in the storage of Bitcoin. I think that this will be a big step in the promotion of cryptocurrency. It sounds incredible but it can become a reality.
It can happen if investors and traders will push this, banks are still a business and if trends will force them to adopt then they don't have any chance to deny it, they need to adjust in order to sustain their businesses, so when things are already been adopted and people around the world are willing to use this new form of currency any time soon this features will mostly be added to our bank accounts.
member
Activity: 392
Merit: 39
November 29, 2018, 06:21:23 AM
In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
I think it is only a question of time. New services pop up every time - for example, today I have heard of this new Revolut card, revolutionizing the way you can pay with cards with different fiat currencies. Who knows, maybe tomorrow it will be a service doing bitcoin in cooperation with banks.
jr. member
Activity: 350
Merit: 2
November 29, 2018, 06:08:13 AM
In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
If ever connect its because it is not approve in all banks if it will connect our economy will became good because it easy to deposit bitcoin in banks.
full member
Activity: 476
Merit: 100
November 29, 2018, 06:03:06 AM
Linking our crypto wallet if possible will be a very good innovation. It will make transaction versatile and faster. Transactions will be very smooth as all most all the merchants will link their payment gate way to cryptocurrency and this will reduce more the incidence of cash carrying for business transaction.Cash theft also will reduce or eliminated outrightly.
copper member
Activity: 280
Merit: 0
November 29, 2018, 05:25:03 AM
If Bitcoin joins our bank, then it will be good news for people who use Bitcoin. It will be easier to use bitcoin. But something like this is impossible now.
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