Bitcoin wallet in bank? - page 9. | Bitcointalksearch.org

Ryan Dugan

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Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

You dont understand bitcoin if asking that. You should go so some research about bitcoin more. Especially about the blockchain and how it works. Also look up "decentralized" .

vero

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honestly this is a very good idea but difficult to happen because the government is still an obstacle to this maybe bank want to do this but government will not let it them to do it.

Milkduds

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I did not read any of the replies that started with "I think" because that should have been obvious to any one reading.

Banks are only interested in the blockchain,bitcoin has nothing for them other than something they can steal and twist into a product that they can profit off. So bitcoin and banks will not happen on any serious scale. Just look at how banks are dealing with weed in Denver! Legal yet still the banks have a moral higher ground and yet no one asked them to judge where the money came from.

ethereumhunter

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maybe it can be happen in future, because beside we have an account in bank, we can have bitcoin in our account and this can make bank can make identify about sending and receive fund in bitcoin, and if someone make an illegal activity in that account, bank can easily to block the account and make clarify to the owner of that account.

Cozynunu

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Quote from: btccashacc on September 20, 2016, 02:45:47 AM

Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

It will never happen,due to the decentralization of the bitcoin bank will never adopt it, the bank maybe could adopt blockchain in to their system since the bank and others financial corporation are interested on it, however it is possible for them to make their own centralization crypto, but to adopt bitcoin it's impposible.

Dont think there are allot of peope who love to have the same bank for their money as the same bank for their bitcoins no one wants taht i know that for sure!

Ybalevia

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There are allot of ways to store your bitcoins but i dont think banks where you store your money dont want to accept the bitcoin also because the have nothing to do with bitcoins and they are not really popular by the authorities.

CoinFoxs

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Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

I don't think so that it will gonna happen because in many countries bitcoin is not used as a direct payment method and there are so many stores and banks where bitcoin is not accepted and if it will happen then bitcoin should be internationally accepted like USD, so banks and bitcoin wallet will not combine or merge.

Noctis Connor

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Quote from: gilangIDR on September 20, 2016, 08:43:32 AM

I think it is impossible. because of the financial and economic system is different. bitcoin and the bank is very much different.

I am agree with you sir , where is there are big different in bank and bitcoin first thing is banks can be fully information and bitcoin is still anonymous where your privacy is really safe but in banks are not and banks are more on economics systems.

gilangIDR

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I think it is impossible. because of the financial and economic system is different. bitcoin and the bank is very much different.

franky1

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banks have a legal contract to only handle fiat-fiat transactions.
i say this because you cant buy shares directly from an ATM or from the cashiers desk of a bank branch

however, their subsidiaries offer non fiat-fiat services like purchasing shares, stocks, etc.
but still has to involve fiat on one side of the transaction.
EG a bank cannot swap an IBM share directly for an Apple share without routing through fiat in the middle.

so we wont see bank branches offer bitcoin at an ATM or bank branch cashier counter.
we wont see a bank subsidiary being an exchange.

but we could see a bank subsidiary acting as a broker.
but i still think this is something that is meandering away from the purpose of bitcoin and also adding barriers of entry by having banks more personally involved

raphma

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i dont understand why people think this wouldnt happen or this would cause bitcoin to not be decentralized....
first, that would a be a simple bank service(open a wallet and manage your funds)... imo that's about to happen, right now banks are trying to resist bitcoin but they will eventually give up and accept it.
second, that wouldnt have nothing to do with bitcoin decentralization. again, it would be a simple bank service to people how doesnt know nothing about bitcoin, computers and security. most investors doesnt even not what is a malware so a service like that is normal and already exist (wallets like xapo do something like, a fisical bank would be even simple).

So, bitcoin is an currency/asset and banks handle currency/asset... do the math.

digital_sucrose

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There will always be companies trying to get their piece of the pie but, it will be on the people using BTC to not let the big businesses gain some form of control over the system and technology. It will be interesting to see in the future what the mass population will want done once Bitcoin has gone through mass adoption. There will always be people too lazy to do their own research and take the time to learn about the technology. Plus, mob mentality makes people stupid. Hopefully, it would end up like New York's Bitlicencing where the Bitcoin community shows government and big business that this is something they can't control.

severaldetails

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I don't see why that should not be possible.
Banks are searching every possible way to earn some extra money. Why shouldn't they use the chance and offer customers a secure way to buy and sell bitcoins?
They already have the details about the persons, so they don't have to collect them extra like other sites.
Earnings could be created by transaction fees.
If customers like that, why not?
Personally I think it would give bitcoin a much more legit image in public opinion and that would help to increase the community.

renem

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No i don't think that bank can open our bitcoin wallet soon because we don't using banks if nbi told us that they are going to open our banks account then how they do it? if we are using bitcoin wallet? first thing is we use bitcoin wallet to be safe and more secured on our personal information.

beamforming2

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I don't think the bitcoin wallet will be in bank.it is your thing to be save well you private phasepass.

BingoDog

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I didn't think about blockchain techology, I know that. I've heard that some banks do have their wallets because they want their piece od pie but they are hiding that from the public.

shinratensei_

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Quote from: BingoDog on September 20, 2016, 12:48:01 AM

Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?

And why bank needs a wallet? if you're just heard about wrong rumors the correct rumors is the bank is starting adopting the blockchain system.
https://www.accenture.com/us-en/insight-investment-bank-challenges-blockchain-technology
http://www.morganstanley.com/ideas/big-banks-try-to-harness-blockchain
https://cointelegraph.com/news/why-banks-are-adopting-the-blockchain
http://www.bbc.com/news/technology-34278163

mobnepal

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I don't think bank will ever have this types of bitcoin wallet assigned to their customers but few banks that are accepted or connected to coinbase can be considered as giving their customers a way to do bitcoin to fiat and fiat to bitcoin exchange possibilities. The word banks are slowly going to adopt bitcoin tech means they are researching on blockchain tech which will make them able to launch their own centralized crypto.

talkbitcoin

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All I know is that I know nothing.

this has been discussed so many times before. bitcoin is the enemy of the banks so they will not start using it because that means they are making bitcoin legit or help if become legit and if everybody starts using bitcoin the way they should then they no longer will need banks and it means death of banks.

Altcoinmoney

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Dont think there are allot of people think like a biutcoin wallet into a bank because i dont think banks will compare banks with wallets i think they will seperate them and make both banks for both sides.

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