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Topic: Will banks ever offer bitcoin deposits? - page 32. (Read 6362 times)

newbie
Activity: 38
Merit: 0
First, it's quite the opposite of decentralization. If you store your coins in an bank's wallet, then the government will be able to block your account. Also the privacy won't be protected.
full member
Activity: 378
Merit: 100
I think banks will not offer bitcoin deposit. Because banks will not enter such risky transaction like bitcoin. But i don't take away the posibilities that in the future maybe it will happen.
I dont agree with you i am confident that in the future many banks all over ther world will toally offer a bitcoin deposits and i am thinking that after 5 years there are now some banks in different countries who are offering bitcoin deposit.
newbie
Activity: 112
Merit: 0
Hopefully sooner the bank accept bitcoins, for now all i know that the banks allowed bitcoin as online payment.

The sooner they do it the sooner the BTC price will skyrocket.
member
Activity: 128
Merit: 10
Now the BTC is becoming more and more influential, the value of encryption is getting higher and higher, and Switzerland has provided protection for encryption, which has indicated the possible trend in the future.
full member
Activity: 278
Merit: 100
In general, the idea of deposits in bitcoins looks interesting enough for the world market participants to greet it with open arms. This can promote the popularization of Bitcoin, bringing it closer to traditional money.
newbie
Activity: 54
Merit: 0
I think yes. At present Bitcoin atm is becoming more and more popular. There are some electronic banks that have been allowed to accept Bitcoin deposits (such as WB21), so I think that with the current development of Bitcoin Hybrid banks will not provide Bitcoin deposits
full member
Activity: 686
Merit: 125
Well i do not think so that bank will participate on doing exchange or even deposits bitcoins or any cryptocurrency because it is a decentralize digital currency which is a little bit complicated and volatile compared to centralized currency. Well cryptocurrency had already help this banks already from the day where local exchange will going to accept payment using banks to accept the payment for them. Of course these banks are already enjoying from the payment scheme being used and done by local exchange.
sr. member
Activity: 481
Merit: 250
At the moment, the major banks of the world are studying the technology of blockchain and the work of bitcoin as an asset, on an equal basis with gold and silver. In America, I heard for sure that they are developing a system that can satisfy investors and investors. It is a matter of time soon we will be able to see everything with you.
newbie
Activity: 24
Merit: 0
A state as well as a bank does not allow the danger to exist. Who knows what Bitcoin price tomorrow will look like?
newbie
Activity: 252
Merit: 0
a good chance for banks to enter bitcoin because they will get more profits for this and also they can have more markets or even new target markets because even class C individuals can start investing in bitcoin. if this happens that can open up new opportunities for both.
full member
Activity: 476
Merit: 111
it is very possible why not?
jr. member
Activity: 209
Merit: 1
maybe some banks may offer bitcoin as bank deposits in the near future.In this modern age,there are possibilites of growing market of cryptocurrencies and soon some banks will also offers a variety of bank insurance including depositing a number of bitcoins.For these people who hodl a number of bitcoins or altcoins rather,it was a very great idea of saving aside from cash.
legendary
Activity: 2436
Merit: 1232
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Bank experts are positive about this innovation, but do not understand how bitcoin works. So in my opinion officially it will not happen very soon!
It is possible to happen because we all know that bitcoin and other cryptocurrency is getting more popular all over the country and there is no doubt that a lot of big banks will totally accepts bitcoin deposits, on the right time maybe it will only take for 5 years to happen.
Banks need to go with the flow in able for them not to be left behind. And if that happened the banks will face bankruptcy because bitcoin will be the number one and can even surpass the fiat, thats what i believe. Moreover as what stated earlier it is a good chance for the banks to enter bitcoin because they will earn more profit to this and also they can have more markets or even new target markets because even a class c individual can start up investing in a bitcoin. All in all, it is a win win situation if this thing happened that may open to new opportunities.
full member
Activity: 616
Merit: 100
i think it will never happen as long the policy that manages bitcoin in a country is not clear like there are no rules that manage bitcoin. it will make the bank and the customer will doubt because there are not rules that manage bitcoin, is it legal or not, is the bitcoin have a high risk or not
newbie
Activity: 55
Merit: 0
Hopefully sooner the bank accept bitcoins, for now all i know that the banks allowed bitcoin as online payment.
newbie
Activity: 149
Merit: 0
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.
For me right now it might be an absurd idea that banks would intertain such especially that it is a threat to them the very existence of bitcoin is bad news to the banks but given the advent of our technology and the internet this is very possible to happened in the very near future!
newbie
Activity: 33
Merit: 0
They are working on it now, that's why you can buy bitcoin with you credit card. In near future we will have more than that!
newbie
Activity: 36
Merit: 0
I think the possibility is there. Remember when Internet came into life every county adopt on it. And now bitcoin is the evolution of the internet and currency in one. Banks need also to adopt on this kind of changes
newbie
Activity: 112
Merit: 0
never, according to my prediction. I am sure that, because the current value of BTC increase often decrease not trend, so the holding of BTC for business will be quite high risk for the bank.
hero member
Activity: 2590
Merit: 644
It may happen, but it's a little difficult in the implementation, we all already know that bitcoin prices are very unstable and can rise or fall in time. Then the bank will apply the value of earnings to bitcoin deposits, I think this is one of the facts that will be the consideration of banks in receiving bitcoin deposits.
For me, it will take a lot of time before the banks will receive or accept bitcoin deposits because they don't want that volatile type of currency to receive as a deposit because if they will receive that then even after they receive it, the value might change and they might lose or get some little profit which is not the best for them.
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