Bitcoin in the banks?! - page 2. | Bitcointalksearch.org

JeffBrad12

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Quote from: BTC Loading on August 06, 2016, 03:44:49 AM

Quote from: erickkyut on June 07, 2016, 07:35:53 AM

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

It can be possible in the future if banks can accept to implement the bitcoin inter-fracture in to their banking system

You're wrong the bank will never to do that, they just taking any things is very useful for them and I don't think so the bank will take their rival to infiltrate into their system, never and never. maybe just copied the bitcoin system it's possible for the bank.

pooya87

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Quote from: BTC Loading on August 06, 2016, 03:44:49 AM

Quote from: erickkyut on June 07, 2016, 07:35:53 AM

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

It can be possible in the future if banks can accept to implement the bitcoin inter-fracture in to their banking system

I if this can be possible i will love it

i have no idea what you mean by "inter-fracture" (this word doesn't have the meaning you think it does?) but i assume you are talking about banks implementing the blockchain technology which has nothing to do with bitcoin and these banks are only interested in creating their own blockchain exactly like altcoins.
so it has no effect on bitcoin whatsoever.

erickkyut

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Quote from: Mr. Big on August 06, 2016, 05:08:15 AM

Quote from: calkob on August 06, 2016, 05:00:55 AM

i doubt we will ever see such a thing its just not for them

I think it is possible, and could probably be safer for us depositor... If they have a physical bank, then they will be under the eyes of the government, and they have no reason to run or else they will be violating a law, I think that would give a good link between the government and bitcoin.. But, most probably, it would take more than a debate for government to accept it... That would take many years...

yes there is really a possibility for this especially when bitcoin will increase more of its value and when its is well - known worldwide Cheesy

it is also right that it will be more secured if bitcoin will be affiliated with banks because i know that very banks are insured to their mother banks on their respective countries.

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Quote from: calkob on August 06, 2016, 05:00:55 AM

i doubt we will ever see such a thing its just not for them

I think it is possible, and could probably be safer for us depositor... If they have a physical bank, then they will be under the eyes of the government, and they have no reason to run or else they will be violating a law, I think that would give a good link between the government and bitcoin.. But, most probably, it would take more than a debate for government to accept it... That would take many years...

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i doubt we will ever see such a thing its just not for them

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Quote from: erickkyut on June 07, 2016, 07:35:53 AM

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

It can be possible in the future if banks can accept to implement the bitcoin inter-fracture in to their banking system

I if this can be possible i will love it

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Quote from: Dudeperfect on August 06, 2016, 01:15:00 AM

Yes banks might provide such option to deposit or withdraw bitcoins but I don’t see any reason to store it in banks. You can always have paper wallet or other cold storage hardware on your fingertips. It would be good to send or receive bitcoins through banks but I won’t keep it in banks because I have more secured and trustworthy options. Right now if one is not feeling secured then he can deposit his paper wallet or hardware wallet in bank lockers but won’t be able to claim any interest as one is not actually depositing any money through bank point of view.

Couple things:

If big, reputable bank would allow people to deposit bitcoin, two things would happen - bitcoin price rise and masses of people trying to deposit bitcoin.

People at this point are so deeply rooted in corporate banking reality that they can't think clearly anymore.

For people banks = better security. Even though bitcoin stored by individuals in a responsible way is proven to be more effective way ( see: never ending series of "exchange hacks").

panju1

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Quote from: Dudeperfect on August 06, 2016, 01:15:00 AM

Yes banks might provide such option to deposit or withdraw bitcoins but I don’t see any reason to store it in banks. You can always have paper wallet or other cold storage hardware on your fingertips. It would be good to send or receive bitcoins through banks but I won’t keep it in banks because I have more secured and trustworthy options. Right now if one is not feeling secured then he can deposit his paper wallet or hardware wallet in bank lockers but won’t be able to claim any interest as one is not actually depositing any money through bank point of view.

The only reason can be interest.
I don't mind taking the risk of keeping bitcoins in banks, if they give me interest on my deposits.

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Quote from: Nimbulan on August 05, 2016, 12:58:46 PM

Quote from: Lombard on August 05, 2016, 02:01:16 AM

Quote from: erickkyut on June 07, 2016, 07:35:53 AM

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

i don't think so, i don't think that bitcoin and banks will be together as bitcoin is very bad for banks so why should they be together, it could happen only if many people would use bitcoins

of course they are not going to be together, thats an insane idea because bitcoin then would become kinda centralized and people would not have that much freedom

no i do not think so that if banks legalize bitcoin then it wil become centralize, to me the banks will only store them in wallet, and will facilitize for the people, but it does not mean bitcoin will become centralize, i believe that if banks accept bitcoin it will be in favour of banks as well as bitcoin, then most people will do believe on bitcoin, and hope that bitcoin will grow more.

Dudeperfect

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Yes banks might provide such option to deposit or withdraw bitcoins but I don’t see any reason to store it in banks. You can always have paper wallet or other cold storage hardware on your fingertips. It would be good to send or receive bitcoins through banks but I won’t keep it in banks because I have more secured and trustworthy options. Right now if one is not feeling secured then he can deposit his paper wallet or hardware wallet in bank lockers but won’t be able to claim any interest as one is not actually depositing any money through bank point of view.

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Quote from: richardsNY on August 05, 2016, 06:57:18 PM

Exactly that! For me one of the main reasons I am in Bitcoin is because I am the boss over every penny I have. I can store as much money as I want outside the banking system. That's for me the real bomb. That's why I am not interested in a Bitcoin related bank, or a regular bank that will somehow incorporate Bitcoin (which won't happen anyway).

Yes, I also do not like to invest in banks. Although such I also can not avoid the bank, because I am still using fiat that I get from the bitcoin exchanger. I agree, because banks are regulated by the state so if the banks adopt bitcoin countries will also intervene. So with it conflicts with the decentralized nature of bitcoin. Thank you

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Quote from: realm on August 05, 2016, 04:29:02 PM

I don't see the point in storing bitcoins in banks. One of btc's main purposes is to make you the owner of your money. If you want to have them in a centralized bank then why don't you sell them for fiat or gold?

Exactly that! For me one of the main reasons I am in Bitcoin is because I am the boss over every penny I have. I can store as much money as I want outside the banking system. That's for me the real bomb. That's why I am not interested in a Bitcoin related bank, or a regular bank that will somehow incorporate Bitcoin (which won't happen anyway).

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Quote from: bitdumper on August 05, 2016, 12:57:49 PM

i thought bank and bitcoins are enemys but as everyone is not saying bank will accept bitcoins soon so it seems like we are agai at the loop hole. banks can make more and more miney bitcoin bitcoin can not so its not repairing us

If you see about some things in bank and bitcoin is become opposite things but you can't define it as an enemy because it's normal every thing have some characteristic is opposite with characteristic of another thing and you also needs to seeing them from not opposite characteristic.

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Quote from: dinda22 on August 05, 2016, 01:26:19 PM

bitcoin is digital money, and does not have a physical, so it may not be stored in the bank.

I thought about the same, every currency bank offers is available in physicall form (cash). So not now, but in the future when the society become cashless, Bitcoin going to be offered at banks as well (if the banks still exists, as banks are unnecessary for Bitcoin to work).

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I don't see the point in storing bitcoins in banks. One of btc's main purposes is to make you the owner of your money. If you want to have them in a centralized bank then why don't you sell them for fiat or gold?

Bitcotalk

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Quote from: erickkyut on June 07, 2016, 07:35:53 AM

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

maybe it will be possible in the coming future as everyone is going to shift to bitcoin and banks for their benefit will adopt bitcoin, but I think people will not prefer banks for their bitcoins and they will prefer their own reliable wallets for their bitcoins, and will hardly choose the wallets from the banks.

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Quote from: Enotche on June 10, 2016, 02:50:36 AM

Many representatives of the banks believe cryptocurrency threatened the entire banking ecosystem, but there are those who are strong enough interest is the use of Bitcoin in the financial sector.
UBS, of Citi Bank, Standard Chartered, of BNP Paribas, of Société Générale, Barclays, of Goldman Sachs.

All these global banks interested in Bitcoins, and have either introduced it into circulation, or are going to enter

I agree, the majority of banks still consider Bitcoin as a major threat to their business and they fera of it. I don't think that they will accept it in the near future. On the other side if the Bitcoin bank would be founde this would be probably the end of the Bitcoin in the way that it is functioning now.

mishra1994

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I dont think any this could ever be happen,bitcoins are totally different thing,its a virtual currency and how it can be stored in a bank and there is no need for that . Already bitcoin can be stored in a wallet and can be protected with security features in it so no need for doing this in present or future.

dinda22

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bitcoin is digital money, and does not have a physical, so it may not be stored in the bank. but bitcoin has a special atm, and it is similar to a bank ATM. so the same and should not expect to be save in the bank.

Nimbulan

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Quote from: Lombard on August 05, 2016, 02:01:16 AM

Quote from: erickkyut on June 07, 2016, 07:35:53 AM

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

i don't think so, i don't think that bitcoin and banks will be together as bitcoin is very bad for banks so why should they be together, it could happen only if many people would use bitcoins

of course they are not going to be together, thats an insane idea because bitcoin then would become kinda centralized and people would not have that much freedom

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