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Topic: The day will surely come Banks soon accept Bitcoin - page 6. (Read 1694 times)

member
Activity: 952
Merit: 41
It will take time before the banks will come in term with bitcoin due to the fact that the bank sees bitcoin and the blockchain as a threats to their existence and at that will do everything possible to kill bitcoin, but time will come when the banks will realize that their have lost the battle long before no due to the treatment their give to customers with they centralized way of doing things.
newbie
Activity: 154
Merit: 0
Banks will accept the blockchain, but I think officially most of them will not accept bitcoin ever. It's too big a risk for them.
member
Activity: 336
Merit: 10
All days are not equal and there is a change in every thing with the passage of time, time recalls itself and rewind it self so don't worry and accept the bitcoin the coin of the century which change the life of people in overnight you are also one of them and can be a millionaire in no time. 
jr. member
Activity: 66
Merit: 1
banks accepting bitcoin is not a good news. bitcoin is about open financial system with no middlemen. Banks will not get paid much if they go about supporting bitcoin or other altcoins. rather they will push the system to remove bitcoins or else come out with their own blockchain.
full member
Activity: 280
Merit: 101
Banks will have to accept bitcoin and other cryptocurrencies.  Sooner or later, they'll do it.
newbie
Activity: 104
Merit: 0
Now it is not too far away when every bank will start taking the bidcoin, people will start to understand the bitcoins and if they want to invest in it then the bank will also do it.
member
Activity: 952
Merit: 41
The future is very bright for bitcoin and the cryptocurrency entirely,  because with the recent development in the crypto world e.g the bitcoin ATM and the rest I know the bank will not have choice then to start accepting bitcoin in other for them to remain relevant because the blockchain is becoming the digital bank of our time.
newbie
Activity: 70
Merit: 0
Much has already been done for this. I'm sure it will be in the next year. The countries that will make it the first to turn out on horseback.
member
Activity: 98
Merit: 10
I think that banks accepting crypto would be a major step into what I don’t want crypto to become. Banks would want to control our wallets/transactions/Blockchain...
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
There is no need for banks to accept Bitcoin, if you notice, banks only accepting 1 form of currency at a time unless you're doing foreign exchange, I don't think the day will ever come where you are able to create a bank account and store bitcoin in that account, it might be used for forex purposes but that's about it.

I think that the potential for them to accept blockchain technology is much more likely, such as IBM hyperledger as I've seen a few banks working with this now, but Bitcoin is quite unlikely in my opinion.
sr. member
Activity: 784
Merit: 314
I'd like to believe that. I think the day when the government and banks recognize cryptocurrencies will soon come and then bitcoin will fly to the moon.

I think that is not very easy to do, because banks have their own rules for managing finances. Bitcoin must have clear legality beforehand to be able to achieve that, and again many considerations must be taken by the bank before it happens, for example, fluctuations that are very unstable, the status of bitcoin is not clear at this time.
member
Activity: 324
Merit: 15
Hello,

Honestly this is for me one the most sure question in crypto in the next months/years. Yes banks will accept it as market is growing with more and more people interested and investing in it.

they will want also to catch the potential and earn money, directly by trading by their own but also by proposing services with fees for people who want to invest without doing anything.
newbie
Activity: 194
Merit: 0
Yes, of course they will. They will take it as a fact. It's unavoidable. Bitcoin along with other crypto currencies is gaining momentum.
newbie
Activity: 135
Merit: 0
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.
This problem is controversial because it will invite the pros and cons of several parties, the extreme crypto group might think this is a bad thing because if the Bank accepts Crypto then the attraction of the decentralized system that has been used on cryptocurrency will be lost. but the good side is that a big jump might occur because the number of crypto user populations will definitely increase sharply, I personally support the older system and reject centralization.
newbie
Activity: 41
Merit: 0
Not yet. They have to include a lot of criteriums and law so the banks can accept bitcoin. But we all wait for that day for sure BANKS TO ACCEPT BITCOIN  Cool
jr. member
Activity: 475
Merit: 1
Most because banks are not yet accepting the bitcoin. But here in the Philippines it is acceptable and many people have made a wallet site to make way for banks to accept bitcoin here in the Philippines.
newbie
Activity: 84
Merit: 0
Why not?
When the practice of crypto currency will be more popular then today , at that time banks are bound to accept Bitcoin .
newbie
Activity: 59
Merit: 0
Banks are not anymore institutions to keep your money safe. Moreover your money are not safe anymore in banks because bank can confiscate it if it's close to bankruptcy.
member
Activity: 257
Merit: 32
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.
That's what I thought as well. Why do we need banks if we have our wallets. They are equally safe. We can stake our coins in them if they suport this consensus. So banks are just worthless here.
full member
Activity: 337
Merit: 102
I'd like to believe that. I think the day when the government and banks recognize cryptocurrencies will soon come and then bitcoin will fly to the moon.
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