The day will surely come Banks soon accept Bitcoin - page 5.

Sandus_Cryptolover

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Quote from: A.H.Rassel on July 23, 2018, 02:58:58 PM

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.

No doubt this will definitely happen no matter how long it takes cause Bitcoin offers far better than the conventional banking system that is mostly centralised and shots been called by just very few individuals. Bitcoin is here to liberate us from such slavery.

Akande13

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Bitcoin is a digital decentralized currency in which the transactions take place a peer to peer transfer without any third party or bank . To ensure the authenticity and to prevent fraud Bitcoin transactions are verified using cryptography.

BitcoinHunt3r

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Quote from: A.H.Rassel on July 23, 2018, 02:58:58 PM

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.

For sure they will but not in every country. In my country for example, Bank already not accept bitcoin. Maybe they wouldn't easy to change their decision about it. Although there are a lot of user that will support it.

akosipepot

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Yes, I think so, banks will come to accept Bitcoin because the realization will soon hit them that there's a lot of profit to be made.

goaldigger

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Banks can also contribute to the progress of cryptocurrency in a country. For example, Banks can offer people bitcoin capital loan so that people can start investing in crypto. Banks can also be the channel of your crypto to fiat withdrawal or vice versa just like an ordinary local and foreign currency exchange.

crzy

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Quote from: ljane on August 31, 2018, 05:15:56 PM

I have been considering the fact that when all banks accept btc it will really go for the btc market and we in the BTC ecosystem will now have a good money in our accounts.

They will adopt cryptocurrency and not just bitcoin because this is a huge market that consist of many good coins. This is what I expect with the banking industry because they will lose in the competition if they don’t adopt this good technology. This will happen soon because banks will habe to do this in order to survive.

princestan

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With time all the banks will start accepting bitcoin, because almost all the banks are watching bitcoin and studying it to truly understand it before investing in it.

ljane

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I have been considering the fact that when all banks accept btc it will really go for the btc market and we in the BTC ecosystem will now have a good money in our accounts.

melallgarant2015

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Remilekun1

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Though, if bank accept bitcoin it will be a great achievement to bitcoin, but the decentralized nature will it still be there? Knowing fully well that bitcoin is a decentralized blockchain, can bank be decentralized as well

HerbalCommunication035

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I think this day will never come because bank deals with stable currency on the other hand bitcoin is totally unstable currency and banks will never going to take risk.

jak3

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bitcoin ATM's are introduced in 2010 and they work really well. But in do not personally think any banks are even thinking about the features bitcoin can provide all the see is bitcoin will completely cut their existence if everyone starts using cryptocurrency. banks and cryptocurrency both are needed and they both will always be competitors but still, at least each person is getting both the services.

thesmallgod

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this will be very difficult in the sense that different countries have different rules and regulation about legal tender. before digital currencies such as bitcoin can be accepted it need to be regulated. many country that have banned it did that because they do not know how effective it will be to regulate the currencies. banks and other fintech company are not smiling when they hear about bitcoin because they consider it as a threat to their exisistence so why will they allow it.

Walero

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Quote from: pooya87 on July 23, 2018, 11:30:01 PM

banks accepting bitcoin is not such a great news though! it can even be a terrible news if you ask me. because if banks start accepting bitcoin, open bitcoin "accounts" and things like that, it may encourage people to start using banks instead of avoiding them and having their own bitcoin wallet. and that is terrible because they would be going back to the centralization that were trying to get rid of.

Buddy I am fully in support of your point. Some people uses different sight to view thing, but I strictly support the way you the topic. For bank to support bitcoin might be a great calamity tk bitcoin. The decentralised nature we enjoy in bitcoin will be eliminated and it will affect those that chooses it as a mean of survivor.

goldkingcoiner

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Quote from: A.H.Rassel on July 23, 2018, 02:58:58 PM

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 would rather that the banks did not accept bitcoin. Bitcoin needs to be a separate entity otherwise the whole thing loses its entire meaning. Down with the outdated centralized banking system.

Naelanikor

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I think the same that banks will accept BTC soon. It is a valuable kind of investment so people want to keep it in safety. Banks can have a great effort there

Jessica2009

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According to my concept we can hope that banks accepts Bitcoin since the new technology development of crypto world . Due to the new technology the future of Bitcoin is becoming bright and. Blockchain is going to be the digital bank . Bitcoin is a digital decentralized currency in which the transactions take place a peer to peer transfer without any third party or bank . To ensure the authenticity and to prevent fraud Bitcoin transactions are verified using cryptography .

sneeze11

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Quote from: A.H.Rassel on July 23, 2018, 02:58:58 PM

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.

For me banks will not accept bitcoin because we know that banks or government treat bitcoin as enemy and they wanted to destroy it. For me they will not accept it but there is a chance that bitcoin will replace our banks.

Dogtanian

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But why would you even want banks to accept bitcoin? Bitcoin allows you to be your own bank so they're not needed. If you want them to hold your money for you then just keep giving them your filthy fiat.

mensahkkofie

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Quote from: nellakarisma on July 24, 2018, 12:39:03 AM

I also have an opinion like that gan. because with time lapse must be one by one country and Bank will receive bitcoin. maybe just wait time gan. if I notice the movement of bitcoin Very good in the digital area today

Banking has being with humans since ancient times, many people keep their hard earned money in banks for safe keeping and mostly to earn interest on the money they safe. Several transactions occur in our banks such as creation deposits and withdrawal, money transfer and lending services. I know pretty soon that the banks will soon embrace bitcoin.

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