Topic: Will banks ever offer bitcoin deposits? - page 12. (Read 6362 times)
We can believe that it because Belgium already etablsihed ATM machines for BTC. Therefore bank will be able to deposit BTC.
Bitcoin is unstable in nature, I trust you will realize that and after that banks dependably anticipate that the steady cash will store them as it were. In the event that they permit bitcoin as an installment and afterward BTC value drops and knock there will be huge issue for the keeping money side.
So they may have bitcoin installment as choice like elective choice like how we have reserve funds, current and so on.
So far no banks may in a few years they will acknowledge the bitcoin and alts as an installment alternative.
So they may have bitcoin installment as choice like elective choice like how we have reserve funds, current and so on.
So far no banks may in a few years they will acknowledge the bitcoin and alts as an installment alternative.
not now, since banks do not like the volatility and anonymity of crypto-active, but when the crypto-market manages to consolidate worldwide, where the main cryptocurrencies quote on the large stock exchange and is recognized as money, surely if it will be accepted.
Certainly, there is a great possibility that banks will accept bitcoin as deposits and even fixed deposits in the very near future. I believe when the price of bitcoin becomes relatively stable and also with the introduction of bitcoin ATMs in some parts of the world, many banks would have no problems accepting bitcoin as fixed deposits.
in the future maybe some banks will offers bitcoin as deposits like a local currency.The adoption of bitcoin for banks is another innovative solutions for hassle free bank transactions.Moreover,bitcoin accounts also offers security features that gives assurance for every bank clients.
Banks are already creating symbiotic relationships with digital asset exchanges and blockchain networks that utilize cryptocurrencies.
Retail customers at Chase, Wells Fargo, Bank of America as well as local banks are wondering when they’ll be able to deposit crypto directly into their traditional bank accounts. Banks could instantly trade the crypto into fiat or create wallets on behalf of their clients for management.
It's most likely that the banks will eventually incline to full crypto adoption of bitcoin deposit offer.
I think its a 100 percent possible, since we have a lot of investors in bitcoin. and banks need to adapt this changes for the sake of their business.. as of now in our country we can pay bills in bitcoin using digital wallet and its really convenient.
I think no, since btc is gaining a higher value, banks will definitely disagree to bitcoin deposit.
i doubt banks will ever buy into the idea of cryptocurrency talk more offering bitcoin deposits. it goes against all that they stand for as institutionally regulated bodies. Bitcoin is unregulated, volatile and not even accepted as gold yet so there is really along way to go before banks even think in that direction.
Lets be honest, right now look at the price of bitcoin in the market, its continuesly dropping so i would say its not gonna happen. Lets be honest we dont know if the bitcoin will recover and ita price is really unpredictable so i think banks will not relay on that condition. 
According to my point of view banks will never offer bitcoin deposit because bitcoin decentralized in nature. And one thing more Banks find crypto as a major competitor. Let us suppose if banks start depositing and how banks earn income because banks earn income from interest paid by loan holders.
The risks involved with Bitcoin are too high for Banks to begin offering it for deposits to its customers. Banks would prefer to deal in a real world currency backed by the government, which is highly regulated and protected against fraud or theft. With fiat, it's possible to rollback transactions, and enforce regulations, whereas Bitcoin is free and open for anyone to use across the world. Because of these obvious reasons, it's very unlikely that a Bank would associate itself with a system that's free from middleman.
Therefore, Bitcoin and other cryptocurrencies are more of a threat to Banks existence, than anything else. And they'll do anything at their disposal to try to destroy it at all costs.
Several have been waiting for currency that is free from government control or from central bank authorities that is waiting for a decentralized form of currency . Currently I don't think that there is banks that accepts Bitcoin even though Bitcoin is legal payment tender in some countries ordinarily traditional banks do not directly deal with Bitcoins there might be third party to convert Bitcoin to fiat currency . The truth is that Bitcoin was introduced as an alternative to traditional banking systems .
i doubt banks will ever buy into the idea of cryptocurrency talk more offering bitcoin deposits. it goes against all that they stand for as institutionally regulated bodies. Bitcoin is unregulated, volatile and not even accepted as gold yet so there is really along way to go before banks even think in that direction.
If ever one day banks offer to accept Bitcoin deposits, I will ignore. I do not see any use of having my Bitcoin deposited in banks since I can safely store my Bitcoin on trusted wallets. I know there still risk on Bitcoin wallets we have right now. So the good thing to do is to allocate your funds to different Bitcoin wallets. I don't mind banks offering interests on my deposit, because my Bitcoin will increase over time.
Banks main focus is always to earn money for themselves first of all, which is why I think they are so interested in jumping on the crypto bandwagon. While they'll want to get it on cryptos, perhaps they'll use more stable cryptos to make deals and loan with. That way they don't get screwed over when prices drop.
I think that will not happen because it is very risky but if bitcoin has been accepted worldwide and has a steady increase and a decrease in prices then banks will offer bitcoin deposits can occur. There is a possibility that the bank will offer bitcoin deposits because it willincrease their income, especially deposit fees and they can use it to buy and sell bitcoin .
It would really be nice if they do so, but we do not know if they would.
I am not sure that banks will offer such deposits but it is impossible to predict the future and to my mind, we will be able to use crypto instead of main currency in the nearest future
I know that Sberbank and Alfa-Bank started testing several products using crypto-currency and plan to offer them to VIP-clients. The portfolio includes the most common crypto-currencies - Bitcoin, Bitcoin Cash, Ethereum and Litecoin. I think this is already a great step! Banks should accept crypto-currencies and encourage their acceptance at the state level in every way because it is in their interests. Otherwise they will simply not be needed and disappear.
“Bitcoin will do to banks what email did to the postal industry.” —Rick Falkvinge, Founder of the Swedish pirate party
“Bitcoin will do to banks what email did to the postal industry.” —Rick Falkvinge, Founder of the Swedish pirate party
It still seems that the banks frown against it. It would be great if that happens because it will help in boosting bitcoin.
i think yes in near future buty currently not bcz banks are not fully understand how to use crypto currency and its effect.
you can see currently banks are oppose to accept bitcoin but i blv in near future there will be solution.
you can see currently banks are oppose to accept bitcoin but i blv in near future there will be solution.
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