Does Bitcoin really need banks to achieve popularity? Does Bitcoin need a bank so that the price goes up again? I guess bitcoin doesn't need that. Everyone can position bitcoin as a bank in their lives even bitcoin can give freedom to its users because it is not any party that regulates it. So as, there is no need for a bank to make bitcoin known to many people, sooner or later everyone will understand the functions of bitcoin in their lives, and no need for banks as well so that the price of bitcoin goes up again.
it is not about bank it is mainly about regulated bodies,if a government decide to ban it then you can not do anything unless your country is democratic and majority of people support crypto. sooner or later banks will go towards crypto ,it can boost btc adoption as a normal person with less technology knowledge can own crypto bcz banks will do the rest of keeping his/her fund.ya we know it is against decentralization but still for avg guy there is risk associated with crypto holding which can be reduced by his trust on bank. 
Topic: The day will surely come Banks soon accept Bitcoin - page 2. (Read 1694 times)
The real revolution will be when the central banks begin to keep bitcoin on their books as reserves. Just like how many hold gold, and fiat of other central banks.
I don't think it will happen, infact I think its a terrible mistakes ,bank and bitcoin are enemies from day one ,remember that if every one start using bitcoin or cryptocurrency as means of payment then bank will lose lots of customers
Good information. But some countries already denied bitcoin as their central banking issue mention but who accepts bitcoin their banking system accept bitcoin as their trading.
I still doubt this, because banks and bitcoin are rivals. In my opinion both of them compete with each other and it is impossible to unite
Rivals, its like you are comparing rifle and some bad ass sniper. Why would you do that? What ever you can do with rifle you can do much better and easier with sniper. Maybe my comparison sucks, you can try to use some other one, in the end you will always have same results. In my case I need banks for now, when I need to cash out, I don`t have some merchants that accepts bitcoins, or services to pay some bills with bitcoins, I would skip banks for sure, and every day I`m telling myself, one day. Banks will make their own alt, maybe they will try to do something with bitcoins, who knows, I say who cares about them anymore, be your own bank, its not hard.
I still doubt this, because banks and bitcoin are rivals. In my opinion both of them compete with each other and it is impossible to unite
Does Bitcoin really need banks to achieve popularity? Does Bitcoin need a bank so that the price goes up again? I guess bitcoin doesn't need that. Everyone can position bitcoin as a bank in their lives even bitcoin can give freedom to its users because it is not any party that regulates it. So as, there is no need for a bank to make bitcoin known to many people, sooner or later everyone will understand the functions of bitcoin in their lives, and no need for banks as well so that the price of bitcoin goes up again.
From the look of things its quite obvious that banks will intergrate or adopt bitcoin into their system although its maybe optional while its technology which is blockchain might be a threat to their monetary operations nevertheless when it becomes obvious that a lot of investors are diversifying portfolio into bitcoin hence the bank will see the need to start accepting bitcoin.
yes, sooner or later at the end the bank will adopt bitcoin, because the bank cannot deny the fact that so many people use Bitcoin, if the bank ignores it they will have problems.
Most banks in my country currently working on accepting bitcoin already and I believe before the end of this year some positive news will surface
A bank accepting Bitcoin is like Sears putting Amazon lockers inside their stores.
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.
I am sure that this moment is nearing every day. Most likely, small modern banks will have to start working with Bitcoin first. They have nothing to lose, but the expected profit for which will be colossal.
I think it will start during the new positive movement of Bitcoin (during the year).
I think it will start during the new positive movement of Bitcoin (during the year).
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.Bitcoin is a bank, that is the reason we don't need the banks.
The cryptocurrrencies showed us that we don't need banks to manage our money, our investments. It showed us that we can manage our own investments, transact and receive on our own. Basically, banks do not fight Bitcoin, the cryptocurrencies are surely improving or developing but that is also being used by the banks to improve their transactions.
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.
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
Already there are few banks that have been operating completely on bitcoin. One such bank is the Nova Scotia located in Austria. Banks have feared about the tremendous growth in the past year and made oppositions through different ways. Slowly banking networks have begun to invest on bitcoin indirectly. Soon we can see more countries with banks operating only with cryptocurrencies. I really like the current Bitcoin method without anyone else dealing with my money and making me comfortable, it's not all banks that are cunning, but that is not true because Bitcoin decentralizes all my money and I can control it, don't want them to deal until to my personal things, banks to accept Bitcoin because there is no other way if they don't accept it, maybe in the future it won't be as popular as now and they think they want to use us.
In due time, Bitcoin will be accepted globally and the financial community will embrase the crypto digital transaction into the main stream market. Once the issue on Regulation are resolved, i am more positive that little by little different bank will be using the Blockchain system and integration to adopt Bitcoin in the future banking system.
this is something i have thought of too. A day will surely come when bitcoin usage will be fully accepted and adopted by banks. it is a gradual process but surely we will get there sooner than we think
Right.As bitcoin increases its popularity in the days to come,then it would be very possible that the government will soon to adopt and legalize it and surely,banks will be allowed already to accept bitcoins for deposits or even bill payments.I know it will create better transactions in a bank and people will find it more convenient concerning bitcoin transactions.
this is something i have thought of too. A day will surely come when bitcoin usage will be fully accepted and adopted by banks. it is a gradual process but surely we will get there sooner than we think
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.
Crypto currency is created by using advances in technology and time and the possibility that in the future crypto currencies will be accepted by banks if all countries accept and legalize the European currency as the applicable currency. Jump to: