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Topic: The day will surely come Banks soon accept Bitcoin (Read 1694 times)

jr. member
Activity: 164
Merit: 2
Then bitcoin won't be bitcoin anymore.
hero member
Activity: 3024
Merit: 680
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AFAIK there are already some banks that really integrates their operation with crypto's and mainly with bitcoin.

Banks generally don’t like decentralizes currency like Bitcoin, but as a store of wealth Bitcoins will over time be accepted as a security when you want a fiat loan. I can’t really see any needs for a savings account in Bitcoins unless you’re afraid to hold your own private keys.
They will, as long as it can give profit to their business they will never pass on this opportunity.
sr. member
Activity: 1358
Merit: 253
The bitcoin community is getting stronger so that the position of bitcoin is increasingly taken into account by anyone including banks, I am sure that banks immediately make bitcoin as their commodity equal to deposits, and other bank products.
sr. member
Activity: 1372
Merit: 275
all possibilities can occur even if the development of the crypto currency until now has not been able to predict for sure because it is the nature of the crypto currency, and one day the bank will receive crypto currency because crypto currency was created for the advancement of the era
hero member
Activity: 1652
Merit: 702
If we believe that Bitcoin is the future currency then we also believe that it will be soon be accepted in banks. But that will take a long time I guess because now some country's government still not open to be part of the technology evolution. I think it's already in process to some countries who already accepted it.
well, but I think the hardest way to accept bitcoin is a bank. basically many banks fight bitcoin. however, because of the rapid development of bitcoin, I think only a few banks support that development.
full member
Activity: 714
Merit: 100
Banks will not just accept BITCOIN they will adopt the blockchain and maybe have their own cryptocurrency in the future.
Rich banks dont want to be close they will make a move for the people to maintain using them.
Even FIAT will be gone! there will be  a way that banks will find a good idea for them to stay.


Banks will not just accept BITCOIN they will adopt the blockchain and maybe have their own cryptocurrency in the future.

if banks didnt accept bitcoin then why do you think we can make bank withdrawals using btc  ? maybe not all banks but majority of banks are now supporting the use of crypto   .

Rich banks dont want to be close they will make a move for the people to maintain using them.

of course banks wont be closed because and they arent also threatened by bitcoin or any other cryptos  . many people will always prefer to use banks over cryptos because they are more safe and less risky  .

Even FIAT will be gone! there will be  a way that banks will find a good idea for them to stay.

no . fiats wont be gone  even if crypto adoption would already become a widespread . we still need fiats  to buy directly . cryptos were online better to use for online payments .
hero member
Activity: 2912
Merit: 613
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

If banks accepting bitcoin for deposit, it will be a great news for crypto community. I am believe this will happen soon or later because invesment banking already learn about cryptocurrency and think about accepting it. ATM is a good start and bitcoin mass adoption will happen in near future
That would be big actually because they are integrating bitcoin into their system.
However, we really do not know if the rules are easy to comply because I am pretty sure they'll based with it with the current banking standards.
KYC is gonna be compulsory, because every bank has this requirement.
member
Activity: 644
Merit: 10
COVIR.IO
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

If banks accepting bitcoin for deposit, it will be a great news for crypto community. I am believe this will happen soon or later because invesment banking already learn about cryptocurrency and think about accepting it. ATM is a good start and bitcoin mass adoption will happen in near future
sr. member
Activity: 784
Merit: 250
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.
all possibilities can occur because we know that crypto currency was created to answer the needs of the economy by using age and technology
member
Activity: 392
Merit: 21
Good news on the right track
But it is not enough
The adoption of the BTC needs to work hard and big
Everyone here has to spread awareness of BTC and its benefits
Large financial freedom, decentralization and disposal of the third party
Mass adoption requires great work.
full member
Activity: 854
Merit: 101
Banks will not just accept BITCOIN they will adopt the blockchain and maybe have their own cryptocurrency in the future.
Rich banks dont want to be close they will make a move for the people to maintain using them.
Even FIAT will be gone! there will be  a way that banks will find a good idea for them to stay.
legendary
Activity: 2030
Merit: 1563
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The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

If banks can become bitcoin exchanges, good for them. Another source of income in this transitional period, where people should be doing the smart thing of moving away from fiat. They could also become payment processors, so you can pay in bitcoin thru the bank and the bank handle the fiat payment for a business that doesn't accept bitcoin yet. They have plenty of chance to survive, its a matter of adapting to the new reality: Bitcoin is here to stay.
member
Activity: 364
Merit: 10
it seems there is still no bank that can accept bitcoin. Yes, most likely only make some famous merchants as a link between these two things. To be honest, it would be very difficult to mix a decentralized system with a centralized system like the Bank. And most also end with a partnership with certain merchants
member
Activity: 658
Merit: 10
Rangers Protocol
It would be nice to see that aspect with regards to bitcoin and cryptocurrency. We should consider the major parts of banks and crypto space. Both are in the same place as investment. Each aspect have its own prospects and goals to be achieve along the way to make it great. The adjustment could take time to make things accordingly.
jr. member
Activity: 480
Merit: 4
It could turn out to be a good or bad news to have banks accept bitcoin but in same i believe it could turn out good for banks to accept bitcoin and the advantages attached to it,its only a matter of time and it may or may not actualize
member
Activity: 322
Merit: 11
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The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

I agree with this and I think this will lead banks to accept entirely Bitcoin as part of their systems, at some point Banks chases what mass community demands and think this will be an initial state where Banks are seeing the Bitcoin is probably helpful when they will begun to accept this, and there is no doubt with that given that Bitcoin is slowly increasing at this point.

Well hopefully though there would probably be a battle to remove bitcoin from the equation first. Obviously banks would prefer not to have bitcoin available to people since it will definitely lessen their control over people's money.
When the time will come ,when bitcoin and cryptocurrency will be most popular and accepted worldwide for sure banks will take affiliation or accept cryptocurrency to their business ,for the reason that need clients and this clients are holders of cryptos , so banks would go and accept cryptos in the time of era of cryptocurrency.
hero member
Activity: 1246
Merit: 529
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The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

I agree with this and I think this will lead banks to accept entirely Bitcoin as part of their systems, at some point Banks chases what mass community demands and think this will be an initial state where Banks are seeing the Bitcoin is probably helpful when they will begun to accept this, and there is no doubt with that given that Bitcoin is slowly increasing at this point.

Well hopefully though there would probably be a battle to remove bitcoin from the equation first. Obviously banks would prefer not to have bitcoin available to people since it will definitely lessen their control over people's money.
full member
Activity: 264
Merit: 100
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

I agree with this and I think this will lead banks to accept entirely Bitcoin as part of their systems, at some point Banks chases what mass community demands and think this will be an initial state where Banks are seeing the Bitcoin is probably helpful when they will begun to accept this, and there is no doubt with that given that Bitcoin is slowly increasing at this point.
full member
Activity: 924
Merit: 220
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.
There are countries that are accepting already bitcoin. But here in our country then it is still not yet establish and bitcoin or cryptocurrency is still not known by many. I think there is a need for cryptocurrency to work out and that is to promote bitcoin locally. This will help the people to understand the basics of cryptocurrency and later on will going to join and even will become a crypto enthusiasts aside from the bankers.

Anyway, bankers are good in terms of money. If they will join in cryptocurrency then I do believe that they have a good devise plan so that things will going to work out in accepting both fiat money and cryptocurrency.
legendary
Activity: 2576
Merit: 1860
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

That is happening gradually. For sure, the banks are studying closely and meticulously whether it is better to accept Bitcoin and other cryptocurrencies or not. For sure, when the business sector will fully embrace the acceptance of Bitcoin or crypto as payment, it cannot be avoided that banks will also embrace the same. The business sector is the main source of banks' deposits and loans. That is why it cannot just allow itself to be left behind. I have read several news about banks across the globe that have started to adopt blockchain and crypto. This is just the beginning. The future is bright and exciting.
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