Will banks ever offer bitcoin deposits? - page 21.

wolfdragon

newbie

Activity: 66

Merit: 0

As per me it is definitely not gonna happen in the near future that Banks will start depositing bitcoin Or any other crypto.

It will not happen in the near future but it might happen maybe more years from now because everything is possible in the future and we cannot really tell what exactly will happen that time.

trangoccho

newbie

Activity: 66

Merit: 0

If ever Bitcoin will be Alternative Currency in the near future everybody specially businesses must adopt it wisely. Particularly Banks, as a banker or a business person you must be on trend and capable to keep pace on the trends. Banks may be have plans on how they can survive if people will choose to invest on bitcoin than their own bank.

adnandanish102

newbie

Activity: 67

Merit: 0

The value of cryptocurrency involves fluctuations and banks neither want to adopt unstablized currency as,banks save people's money and after a specific time,the people demand about their original money excluding of banks taxes' small amount.But if people started demanding their money in fluctuating days,then the banks could become bankrupt.That's why,no chances of bitcoin to be deposited or transacted by banks.

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: shield132 on April 26, 2018, 11:20:04 AM

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

If the service is available then certainly will be a lot of enthusiasts who will join. As we know that cryptocurrency always presents an advantage and also an advantage compared to other financial transaction media. It is worth thinking that cryptocurrencies have made us easier to do things.

BilHim

newbie

Activity: 25

Merit: 0

Maybe one day banks will realize the big potential and profit that the Bitcoin and cryptocurrency offers. Banks can provide services for converting crypto currency, while having their interest from each such operation.

tyronecoinbit

full member

Activity: 359

Merit: 100

Quote from: mwpakpak on August 01, 2018, 08:56:46 AM

If crypto is able to prove itself and more countries are not having strong rules and regulations on them i believe bank accepting them and leverage on them is a very possible.

It is not possible for Government not to set regulations about cryptocurrency in their countries. Thus, I don't see any possibilities for the banks to offer bitcoin deposits. The Government will not allow that to happen.

oni4an

sr. member

Activity: 658

Merit: 253

Believe me, banks have long developed not one strategy for the use of not only Bitcoin, but also other currencies, as well as the development of their own. Bankers are not miss and if they think it is profitable, we will soon learn about it.

conected

hero member

Activity: 1302

Merit: 503

Quote from: ?? on ??

Quote from: cloudbleron18 on August 01, 2018, 08:30:28 AM

Quote from: shield132 on April 26, 2018, 11:20:04 AM

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

Maybe time will come that all banks will be officialy depositting all bitcoins if it is going go be legal.because for me all things happens in our world are all business and all of us wants an income in our life,especially when it comes to money talk!

This will not come in the near future because you can see for yourself that Bitcoin is very unstable and this will produce great calamity.

- The distant future is also a similar thing, the bank will not provide bitcoin-related services to any user, bitcoin is a very special technology, it limits a lot of management, want to create a perfect service and store it is a very difficult thing. In addition, it is still a symbol that makes the government very disliking, Bitcoin is always outlaws, the government wants to capture or want to stop is still impossible, if they let it survive in places as deep as banks, that would be a danger in the long term, they will not carry this bomb, they will ban banks create services with Bitcoin

mwpakpak

newbie

Activity: 140

Merit: 0

If crypto is able to prove itself and more countries are not having strong rules and regulations on them i believe bank accepting them and leverage on them is a very possible.

cloudbleron18

member

Activity: 203

Merit: 10

Quote from: shield132 on April 26, 2018, 11:20:04 AM

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

Maybe time will come that all banks will be officialy depositting all bitcoins if it is going go be legal.because for me all things happens in our world are all business and all of us wants an income in our life,especially when it comes to money talk!

Slavyanskiy

member

Activity: 462

Merit: 17

I think, over time, banks will be forced to offer deposits in bitcoins. Since this will be the most common currency in the world.

hector3115

sr. member

Activity: 481

Merit: 251

Quote from: shield132 on April 26, 2018, 11:20:04 AM

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

I don't think it can be true in your future because most us about are connected with government. So so you will know all information about you when you will use that deposit. But this contradicts the conditions under which we now all use bitcoin, as we all remain unknown.

ComaJoma

newbie

Activity: 19

Merit: 0

Quote from: nangiarushali on July 30, 2018, 10:04:08 PM

Never. Both the Governments and the banks are not supporting cryptocurrency because they know that if the people will start using cryptocurrency,then they would loose their control over the people. Government and banks are not able to control cryptocurrency and the related activities so they will never support it.

Well, actually, both the governments and the banks should get interested in bitcoin deposits with the banks for one simple reason: as soon as banks start accepting bitcoin deposits, they got us by the balls.
Lemme explain my point.
Have you ever opened a bank account? Before you can deposit money, a bank must identify you. That means the moment you make a bitcoin deposit you lose your anonymity, which is just what government needs. So, I believe both the governments and the banks might be really interested in that because it's really beneficial for them.

xiahui135

member

Activity: 218

Merit: 11

I think banks will. But the government and central bank will not allow this.

nangiarushali

copper member

Activity: 257

Merit: 2

Never. Both the Governments and the banks are not supporting cryptocurrency because they know that if the people will start using cryptocurrency,then they would loose their control over the people. Government and banks are not able to control cryptocurrency and the related activities so they will never support it.

cryptjh

full member

Activity: 532

Merit: 185

It’s only a matter of time before some banks will offer Bitcoins accounts. And I also think that they will let you deposit Bitcoins for security, and then hold your Bitcoins while you lend fiat from them.
Some countries are already ´working on their own national crypto currency, and that crypto’s will be fully integrated into the banking system.

Roksodhon

jr. member

Activity: 124

Merit: 1

It will be very difficult for the banks if they will accept Bitcoin. Because for this purpose bitcoin is concern of matter in government .On the other hand bank is legal financial organization .

BennyK

member

Activity: 672

Merit: 14

Banks and Bitcoin work on two different yet conflicting models of operation, thus, centralization and decentralization respectively. In order for these two to exist and work in harmony, one has to forgo its working model for the others. This will take some time for some banks to come to terms with the decentralized nature of Bitcoin although a very few banks accept Bitcoin currently.

Stioned1987

jr. member

Activity: 126

Merit: 1

I do not assume so. we are all conscious how each the govenrments and their valuable banks are on the tails of the crypto community to shut it down how then will they determine to simply accept bitcoin deposits.As an answer for them, banks ought to do an application or expand a work and create a digital pockets for them to get even folks who put money into Bitcoin.If it occur bitcoin carry big trade on financial system. even though bitcoin play his role on economy very actively.

AnnaJames12

newbie

Activity: 33

Merit: 0

Banks will not want to fall behind in the Blockchain revolution.
Blockchain, the technology advancing behind virtual currencies such as bitcoin, has the potential to create a revolution in the financial field around the world, as giants in the banking sector leverage the opportunities. that it brings. And we can trust something about Bitcoin and the world banking industry in the future.

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