Topic: Bitcoin in the banks?! - page 8. (Read 5935 times)
Bitcoin have totally independent and most flexible for the payment system so in coming future in my opinion the banks may use bitcoins as a major currency for online banking system no doubt in it !!
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.
Well, if I understand the entire purpose of bitcoin correctly, it is to decentralize and have a trustless payment processor. If you have bitcoin banks, then it will betray the entire purpose of bitcoin.
There are already bank like sites out there, whether legit or not. Like magnr.
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.
there are wallets like coinbase that act like a bank for you (although without the profit part if that is what you are looking for) but it is not a good idea to use them.
the difference in bitcoin with money is that you own the bitcoin as long as you have the private keys so in order to deposit in something like a bank you have to give up the owning private keys which will require fully trusting a third party with your money.
I dont think bitcoin should be deposited on banks , on my opinion because why you need bank , when you own your own bank , no need to give your information,
you can send and receive bitcoins any time , although on banks you need lot stuff to send and receive.
you can send and receive bitcoins any time , although on banks you need lot stuff to send and receive.
Maybe one day you will be able to deposit your Bitcoins into a bank, but why would you want to do that in the first place? Bitcoin is it's own bank.
i think if bank adopt blokchain system maybe bitcoin can in the bank and use for transaction, this just my opinion 
Personally I think Bitcoin don't need to be deposited in banks because we have bitcoin online wallets or cold storage where we could send and receive bitcoin. And for that reason I see no need for us to store bitcoins in bank.
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 think https://haobtc.com is bank of bitcoin, they give us interest if we put bitcoin on their service.Yes,it has the same function like the bank, but I think like to call this wallet because https://haobtc.com/ only have a little difference with another wallet. I searching information on internet bitcoin is not have a bank for now.
I don't see big banks interacting with Bitcoin in any way for awhile to come.
Thats not even impodible that we can put bitcoin on our banks in the near future.Bitcoin has the potential to be on the lines of our fiat currency and have it's own physical banking system.Bitcoin network is well developed now so it is slowly going to the line of fiat currencies.So thats posible in future
It is entirely possible for Bitcoin to get banks and other sorts of services in the future, it's just the same sort of natural progression you describe. Someone needs or wants a service, and then someone is bound to create it to satisfy the need, and things like banks are definitely going to appear at some point.Hopefully we'll be able to avoid the pitfalls of the normal system, but you never know.
Thats not even impodible that we can put bitcoin on our banks in the near future.Bitcoin has the potential to be on the lines of our fiat currency and have it's own physical banking system.Bitcoin network is well developed now so it is slowly going to the line of fiat currencies.So thats posible in future
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 think https://haobtc.com is bank of bitcoin, they give us interest if we put bitcoin on their service.Apparently, many banks are eye-ing out for integrating bitcoins into them.
http://observer.com/2016/06/fedcoin
I doubt it will happen any time soon, but yes some day it will be common place to use cryptocurrency, at that stage there wont be any need for banks, you will have your own swiss bank account in your pocket, according to Obama that is a bad thing...... 
I don't think the banks would like to implement Bitcoin in their systems because of the very volatile nature of Bitcoin. Banks prefer to deal in stable currencies unlike Bitcoin which is used more as a store of long term value and less as a digital currency. There are a lot of ways to exchange Bitcoins into fiat and withdraw the funds to bank accounts so at the moment there is no need for banks to offer Bitcoin deposits directly but who knows there might be a time in the future when the demand could be higher and something could be done about that matter.
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 think https://haobtc.com is bank of bitcoin, they give us interest if we put bitcoin on their service.
I have no problem going through the exchange to sell some Bitcoins and to have it deposited into my bank account.. it's a service built for that purpose. I would like it even better, if I could sell it directly
to the bank, but I doubt most banks wants to hold Bitcoins. I have seen Barclays partnering up with Circle lately, so this might be in the cards for the near future, if this partnership works out. The best
option, would be to move away from all fiat systems and to only deal with Bitcoin directly.
to the bank, but I doubt most banks wants to hold Bitcoins. I have seen Barclays partnering up with Circle lately, so this might be in the cards for the near future, if this partnership works out. The best
option, would be to move away from all fiat systems and to only deal with Bitcoin directly.
there are some services like
coinsbank.com
e-coin.io - wirexapp.com
coinsbank.com
e-coin.io - wirexapp.com
bitcoin wallet is supposed to be the bank for you. and it does everything a bank does with the help of miners.
i believe if there is a bank for bitcoin then it is defeating the main purpose of bitcoin which is decentralization and getting rid of the banks.
i believe if there is a bank for bitcoin then it is defeating the main purpose of bitcoin which is decentralization and getting rid of the banks.
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 is very possible. if bitcoin has been recognized by the financial institution will be established cooperation like this. This requires a process, because to attract attention in embracing bitcoin bank will be quite difficult. The main factor is price volatility bitcoin. but it all could have happened, bitcoin has a bright future !! Jump to: