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Topic: Bitcoin connected to our banks!!! - page 3. (Read 2020 times)

member
Activity: 532
Merit: 18
Bitcoin lover!
November 17, 2018, 02:14:01 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?
Of course, this will happen and will be beneficial to all, and holders of Bitcoins, and banks. In my country, there is already an electronic wallet VEB-money, in which the bank has provided the possibility of replenishing it with bitcoins. However, it is impossible to withdraw Bitcoin from this wallet after this. He can be there and at any time they can pay for goods and services at the current rate on the date of purchase. However, in fact, the bank immediately transfers Bitcoins from this electronic wallet to itself. We only use its equivalent value. In principle, very convenient.
jr. member
Activity: 184
Merit: 2
November 17, 2018, 01:31:50 AM
indeed this will be good and bad for us, in the sense that when the price of bitcoin rises, our investment appreciates in value, but reverse is the case when there is a decline in price. but will be very bad for banks, banks will become obsolete with such development, this is the reason banks fight against the adoption of bitcoin.
member
Activity: 383
Merit: 10
November 17, 2018, 12:23:21 AM
Banks can't work with bitcoin, search "fractional reserve". Banks may offer some Bitcoin services in future but it won't replace fiat services nor it will be possible to seamlessly juggle/ exchange between bitcoin and fiat.
it might be true what you are saying but everything is possible and no one can find out if all countries can accept bitcoins the possibility that banks can accept bitcoin too
newbie
Activity: 32
Merit: 0
November 17, 2018, 12:09:38 AM
Banks are working with Ripple already.
Actually, Ripple is backed by Banks. They use another surface to accept cryptocurrency.
full member
Activity: 546
Merit: 100
November 17, 2018, 12:00:49 AM
I hope so that bitcoin will be interconnected with banks in the near future and i want to keep it for using in the future crypto is very important part of the money and now many coins are related to the country market while it is now using for so many projects so it is possible that banks will soon accept bitcoin.
newbie
Activity: 73
Merit: 0
November 16, 2018, 11:55:31 PM
I think that banks will not specifically help cryptocurrencies to conquer the world, but if they are able to extract from this their profits, they will take whatever measures they want. Banks are always interested only in one thing - in order to get a stable profit.
I believe in the future the bank will be connected with bitcoin, because the bank will not miss the opportunity to increase revenue. Only the system that will be used can then be modified because banks are institutions that use fiat money, while bitcoin is a digital currency.
legendary
Activity: 1596
Merit: 1034
October 30, 2018, 01:34:35 PM
Although banks will not allow Bitcoin to be involved in any of their services as this will be a direct threat to their business but if at any point banks consider it then it will be a great thing to experience, payments will be fast and cheap, security will also be there but current banking systems are also very secure. I hope banks will atleast adopt blockchain technology someday.

Bitcoin is not a threat to banks, they should be motivated to compete with bitcoin instead. I am very supportive if the bank adopts blockchain technology because with this the bank can develop a transaction system with that technology.
full member
Activity: 868
Merit: 104
October 30, 2018, 01:24:32 PM
Although banks will not allow Bitcoin to be involved in any of their services as this will be a direct threat to their business but if at any point banks consider it then it will be a great thing to experience, payments will be fast and cheap, security will also be there but current banking systems are also very secure. I hope banks will atleast adopt blockchain technology someday.
member
Activity: 532
Merit: 10
October 30, 2018, 11:33:10 AM
how to make bitcoin will be connected to our bank without get regulation or legal by government, we have waiting when government will allow of bitcoin or altcoin in my country before we can connected between bitcoin and bank.
full member
Activity: 420
Merit: 100
October 30, 2018, 11:23:42 AM
Bitcoin connected to our banks is an opportunity which performs the best solution of payments and receives because this makes the way very easy and simple if you have digital currency or cash both are in one click that is the best solution of the needs,
full member
Activity: 602
Merit: 104
October 30, 2018, 11:11:20 AM
If all of the banks will credits the bitcoin to be partner by them then for sure bitcoin would be spike very hard. Sky is the limit as they said.
newbie
Activity: 188
Merit: 0
October 30, 2018, 10:58:26 AM
Well if that willbe happen, it was so good for us all,because banks and crypto is reunited us one and no more fear to worry for us who supports also.
hero member
Activity: 1498
Merit: 506
October 30, 2018, 10:55:01 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?
Bitcoin is very huge and very potentiating crypto currency and this is the reason why millions of people around the world are investing into bitcoin and there is no doubt that one day it will surely get legalised and centralised all over the world, the only defect with bitcoin is its illegal use and once it will get centralised globally there will be no illegal use as then there will be the governments of each nation who could keep eye over all the bitcoin activities and banks will also accepts the bitcoin very easily.
full member
Activity: 1260
Merit: 100
October 25, 2018, 05:44:10 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?

im afraid that if bitcoin connected to banks, bitcoin will become centralized and not decentralized anymore.
In the first place, why we still need banks ? Bitcoin and cryptocurrency can operating without fiat money if it massive adopted by peoples in the world.
jr. member
Activity: 140
Merit: 1
October 24, 2018, 05:44:49 PM
I know that there are banks that accept deposits in bitcoins from ordinary people. But I do not think it is useful for people as there is a struggle of digital currency and real money and cryptocurrency can be bought on the exchange .
sr. member
Activity: 658
Merit: 250
October 24, 2018, 04:36:28 PM
Any adequate bank and payment system will prohibit it.
Due to the fact that it is not economically viable.
What is the benefit of it?

But banks can definitely accept Bitcoin and other cryptocurrencies in future working to be it will be having soon and it will happen soon so my opinion with faces some economic issues it be possible but it will not be the economic falling one for any bank.

It's not a problem for our banks since bitcoin exchanges could convert digital currency readily because its a digital money. For now it's really connected to each other and many investments were ready accept fiat as mode of payments upon buying bitcoin. This is a reverse basis upon selling or buying your bitcoin when you're earning or getting your profit as well.
hero member
Activity: 882
Merit: 548
October 24, 2018, 04:31:34 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?
 
   Hey rishad quraishi! There no more central bank's in our future!  Undecided The only thing that is happening is a transition from the analog to the digital, then the quantum and finally to the reencounter to the source of the Universal code!
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
October 24, 2018, 03:57:41 PM
Any adequate bank and payment system will prohibit it.
Due to the fact that it is not economically viable.
What is the benefit of it?

But banks can definitely accept Bitcoin and other cryptocurrencies in future working to be it will be having soon and it will happen soon so my opinion with faces some economic issues it be possible but it will not be the economic falling one for any bank.
member
Activity: 434
Merit: 10
October 24, 2018, 03:44:36 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?

I think that in the future the banking system will not change. There will be more features, including buying and selling cryptocurrencies with a credit card, or banks will offer cryptocurrencies as a tool for investing, but in general everything will be the same.
jr. member
Activity: 318
Merit: 1
October 24, 2018, 03:12:51 PM
Any adequate bank and payment system will prohibit it.
Due to the fact that it is not economically viable.
What is the benefit of it?
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