for the present and the next few years may be difficult to make it happen. very unstable bitcoin fluctuations will make it difficult for government to make decisions.
it takes stability of bitcoin to gain a better belief in the future.
Topic: Will banks ever offer bitcoin deposits? - page 51. (Read 6362 times)
In my opinion, as long as Bitcoin is a digital currency, it can rise in huge prices and vice versa. But banks would not accept Bitcoin. Banks need to keep money circulating and their purpose for money to keep being used, If banks stored Bitcoins for holding that can be a huge problem for them and that would lead them to be broke. I thinks its better to hold our coins in our wallets and just let banks do their work with fiat money as well.
I don't think that banks will offer bitcoin deposit because bitcoin is an investment not a deposit.
Never think or believe that will happen as bitcoin is a digital currency which cant be informed of fiat currency accepted by the bank, they will only adopt the system of blockchain technology on their platform for swift and easy transaction
The real question is: could you trust a bank to hold your bitcoin? And why would you?
By and large financing costs exhibit that the individual proposing premium works in the course of action of fragmentary stores, since remembering the true objective to pick up energy outperforming the estimation of the favorable position itself, it needs to contribute the advantages depended to it. Bitcoin was devised especially to give people a tried and true differentiating choice to the specialist fragmentary hold structure, which ensures the mystery and transportability of electronic trades. In this way, the introduction of interest accounts on stores in bitcoins is a kind of poison for Bitcoin's economy.
Don't know about the future but at the current situation any bank is not interested for the Bitcoin deposit. They had not predicted that the cyptocurrency would bring such a massive change. So they are quite confuse now and waiting for a time to spare. The fundamental question for them is 'is it a bubble or the movement is real?' . After getting the perfect answer to that question they will decide further.
I do not think bank will ever accept bitcoin as a mode of deposit or even a transaction to them . I am a financial management student I understand how important is the cents in bank, it will be very hard for a bank to accept an investment instrument, Why do I say that? , bitcoin is an investment and an investment is so different from cash , value of money is really important in banks , they need to calculate all the receivables, how can they compute if bitcoin's value changes minute per minute?..
Don't know about the future but at the current situation any bank is not interested for the Bitcoin deposit. They had not predicted that the cyptocurrency would bring such a massive change. So they are quite confuse now and waiting for a time to spare. The fundamental question for them is 'is it a bubble or the movement is real?' . After getting the perfect answer to that question they will decide further.
Real bank is a centralized system and bitcoin is a decentralized form of monetary transaction.
Why not…if you cannot beat them all you have to do is to join the bitcoin fraternity? For now it’s very difficult to predict the price but once it becomes more predictable trust me they will be compelled to join in. Also the banks are there for customers, so even if large proportions of customers are bitcoin holders too could propel the change although change is something hard to adapt.
believe that the adoption of central banks by the central banks in the future is inevitable, but in what future it will be, near or far, is unknown, but when this happens, "crypto-currencies will be able to conquer new peaks
I think why bitcoin is still scary? I think because bitcoin prices are too fluctuating and changing every second and they do not know when the price goes up or down. sometimes I also worry about the others but I can still control myself because I know bitcoin is strong and will increase again someday.
Presently, some country as not started collecting the bitcoin as there currency,but in the nearest future will be accepted globally.
I'm sure maybe someday the bank will realize the huge potential and benefits offered by Bitcoin and Cryptocurrency, it's only a matter of time before the majority of them can join the trend, so hopefully so.
Maybe someday the bank will realize the huge potential and advantages offered by Bitcoin and Cryptocurrency, it is only a matter of time before the majority of them can join the trend, so let's hope so. They will target investors or Bitcoin holders who do not really understand what Bitcoin, being your own bank. By saying that their Bitcoin will be safe in their hands.
Banks have to find some effective ways on how to deal with bitcoin's volatility and rapid fluctuation before offering a bitcoin deposit. If there is no government regulation for bank that offers bitcoin deposit then the management will make their own regulation for bitcoin deposits. Managing cryptocurrencies is difficult because they are more volatile than fiat.
yes many companies are now adopting this kind of technology and generating profits from the beginning.I think banks never offer bitcoin despoit in their service, because if this happens I think bank is not kingdom regulations.
The acquisition of bitcoin and other cryptocurrencies on the market may prove to be a sign of failure to the public. In particular, some of the leading central banks and institutions Governments in China, Europe and the United Kingdom are working to release the central bank's cryptocurrencies.
On the off chance that they would be on a next level of insatiability, I'd state they may give it a go however profoundly incomprehensible. The legislatures are attempting to stop any type of communication among trades and banks, basically in light of the fact that they don't need any collaboration reinforce between the two. Likewise, it would be somewhat illogical for individuals to keep their BTC in the banks since, well, the fundamental reason bitcoin is made is for individuals to be their own bank, so it would be amusing and envision the potential benefits you may miss. All things considered, this sounds impossible and unrealistic.
You know, it's really confusing. Knowing banks hate Bitcoin, admitting Bitcoin deposit is a 50/50 decision. Another thing is banks are centralised. That issue should be discussed first before anything else.
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