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Topic: Typical banks, will they ever take Bitcoin seriously? (Read 1015 times)

hero member
Activity: 2590
Merit: 644
In the next few years, i think that they will take bitcoin seriously because bitcoin is just having a slowly but surely growth which is one of the reason for the banks to notice bitcoin and if the progress of bitcoin will continue then it will be resulting to more recognition of the banks and they will finally get into the blockchain system and experience the better field in financial transactions.
member
Activity: 145
Merit: 10
Typical banks, will they ever take Bitcoin seriously?

They are taking it seriously which is why they are emulating the technology behind it. There is no escaping Bitcoin.

JP Morgan put out a research piece today that basically outlined that cryptocurrencies could complement a diversified stock and bond portfolio. I believe as the banks receive increasing demand from their clients they will be forced to offer it.
full member
Activity: 294
Merit: 104
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Typical banks, will they ever take Bitcoin seriously?

They are taking it seriously which is why they are emulating the technology behind it. There is no escaping Bitcoin.
jr. member
Activity: 96
Merit: 1
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Perhaps the bank will not adopt a crypto to use as a transaction but perhaps the bank will only adopt the blockchain technology that a crypto uses to transact because it has a very good transparency system for a bank with a long-lasting transaction speed.
newbie
Activity: 210
Merit: 0
Banks are now outdated technology bitcoin is overcoming the financial world with secure and paperless banking transactions
member
Activity: 98
Merit: 16
Banks may want to put bitcoin in their custody, though this is less likely. However, with the development of the times, banks must accept bitcoin and other cryptocurrencies if they want to keep up. In fact, this is also a good thing for us. The larger the scope of Bitcoin, the more useful it is, and the higher its value.
newbie
Activity: 25
Merit: 0
It depends upon what you a call a typical bank, I mean the times are changing now and whatever bank is able to keep up and evolve will of course accept it. Maybe not gladly at first, but that's how change works. It comes slowly and then you see the beautiful results of whatever was invested in.
full member
Activity: 186
Merit: 100
Typical banks, will they ever take Bitcoin seriously?

Many banks adopted and implementing blockchain technology to securing the banking.
Some months before Citi bank new york announce that they gonna implement the bitcoin payment as a deposit for the banking and they gonna implement new coin for them called citicoin. Swiss bank shows adoption interest to the bitcoin. Wait for some months.

The mainstream media are very concerned about the legitimacy of the digital money industry is not its disruptive to the traditional financial industry. Banks have now begun to focus on bitcoin technology and begin testing bitcoin technology.
member
Activity: 187
Merit: 10
I hope not, when the banks will start to take Bitcoin seriously expect all the Western the governments to suddenly outlaw Bitcoin!
full member
Activity: 196
Merit: 100
Typical banks, will they ever take Bitcoin seriously?

It depend on how it will affect to bank itself.
Action of each bank in every country would be different.
If in some country bitcoin is very famous, more famous than bank itself, i think they will take over bitcoin seriously.
newbie
Activity: 13
Merit: 0
Perhaps the time would come that the banks will take action to Bitcoin because they might slowly lose their income and eventually die if they didn't.
member
Activity: 266
Merit: 10
I think banks are already studying the benefits that they can get using bitcoin. They can  ask for fees from the public who will be transacting with their bank through bitcoin. This should be a win-win situation between the parties.
full member
Activity: 238
Merit: 102
1st of May
Maybe someday in the future, if the interest in it is not lost and Bitcoin rate will be stable

I think so. The rate will be stable if bank control bitcoin but most bitcoiners dont like to get controlled.
Nobody will trade bitcoin anymore if the price stable. But stable is needed if bitcoin want to be a currency.
hero member
Activity: 2604
Merit: 816
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Typical banks, will they ever take Bitcoin seriously?
Maybe in the future, cryptocurrency will be the greates enemy of banks and absolutely, banks will make a way just to prevent crypto dominance. One thing here is that they will try to make an issue about the bubble thing of cryptocurrency and the result of making an investment with cryptocurrency. I believe also that banning of bitcoin from different countries is made by the government banks.

maybe yes, maybe no. and if the banks don't want to learn about new technology that could give benefits to them, then they cannot grow and follow the new era. we know every new technology is launch and whether we are ready or not, the technology will grow fast and if we don't follow then we will be left behind without doing nothing. I guess the banks learning cryptocurrency, especially with bitcoin because they are afraid of the price and they think that bitcoin could defeat their fiat.
full member
Activity: 868
Merit: 185
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Typical banks, will they ever take Bitcoin seriously?
Maybe in the future, cryptocurrency will be the greates enemy of banks and absolutely, banks will make a way just to prevent crypto dominance. One thing here is that they will try to make an issue about the bubble thing of cryptocurrency and the result of making an investment with cryptocurrency. I believe also that banning of bitcoin from different countries is made by the government banks.
full member
Activity: 563
Merit: 101
Typical banks, will they ever take Bitcoin seriously?

No.. this is the same question asked once & once again, of course that banks hates cryptos and ico's, why would they take bitcoin as a seriously thing in here? There is no way to see it happening.
And if you are one of those who are looking to see bitcoin as a deposit option, forget about it, because it is never going to happen.
full member
Activity: 168
Merit: 100
may be near future banks take btc but need so many times. if the all banker  take it serious, but they will never tell that to the public. Instead they try to scare you away from it.

It has nothing to do with time mate. we first should accept and understand that banks are against the cryptos. read upcoming reports that released by banks, all of them shouting that bitcoin will die. so they are already taking it serious and trying to destroy by using their power.
newbie
Activity: 210
Merit: 0
may be near future banks take btc but need so many times. if the all banker  take it serious, but they will never tell that to the public. Instead they try to scare you away from it.
newbie
Activity: 6
Merit: 0
Perhaps when the time comes that they have completely lost all their customers, that might be the time that banks will take Bitcoin seriously and take action.
legendary
Activity: 2520
Merit: 2853
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With the rapid ascend of Bitcoin banks became more interested in it.
Some banks already adopted the blockchain technology because they realized how secure it is and it can improve their services.
But the majority of banks are still afraid of Bitcoin that is why they attack it by calling it a fraud in order to stop its ascendancy.
The blockchain technology may be accepted by banks but not Bitcoin as a currency, at least not now.
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