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Topic: Will banks ever offer bitcoin deposits? - page 63. (Read 6383 times)

full member
Activity: 305
Merit: 100
I don't think so. We are all aware how both the govenrments and their central banks are at the tails of the crypto community to shut it down how then will they decide to accept bitcoin deposits. More to the point the value of bitcoin will be fluctuating almost every time due to its volatility and i am sure the bank would not want to work with such currencies.
legendary
Activity: 1110
Merit: 1000
I think this wont happen as of this time, because the banks consider it a threat and there are chances that ut might drive banks out if the market. Its therefore difficult to see the banks offering bitcoin deposits anytime soon. We cannot push out the idea may be they will some day out od neccessity.
This subject is definitely too far from the reality at the moment. If it would be considered of the banks in future I bet that it would undergo procedures and processes before it would be implemented. But if it is considered by the banks then it would be a great help to bitcoin itself to become more well-known cryptocurrencies exists.
jr. member
Activity: 280
Merit: 3
We are all hoping the bitcoin will surmount the present pressure on it and enjoyed more adoption by the world economics. If this happened then then the banks have no other choice than to adopt blockchain because they will need to continue in business. That will be when bitcoin can be accepted in  the banks.

I think it's going to happen, sooner or later. Banks have everything that is needed to do that. Once first bank start offering bitcoin wallet etc, that will be a huge milestone
newbie
Activity: 84
Merit: 0
We are all hoping the bitcoin will surmount the present pressure on it and enjoyed more adoption by the world economics. If this happened then then the banks have no other choice than to adopt blockchain because they will need to continue in business. That will be when bitcoin can be accepted in  the banks.
hopefully it happens and the bank can accept bitcoin deposits, anything can happen in the future,
and the future of bitcoin will be increasingly in the public interest.
member
Activity: 336
Merit: 10
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 or may not banks will accept bitcoins....as illegal works are done using bitcoins...And until the govt. unbans bitcoin...The banks will not accept Bitcoin.
full member
Activity: 700
Merit: 102
I think it’s possible. It’s not so easy for banks to adopt btc, but in it doesn't mean that they wouldn't will to deal with cryptocurrency, approximately, in ten years or more.
I personally have never known it. because until now btc has not been approved by my country. let alone my country there is no certainty from the government. so we to go forward it takes patience to wait.
newbie
Activity: 138
Merit: 0
I think it’s possible. It’s not so easy for banks to adopt btc, but in it doesn't mean that they wouldn't will to deal with cryptocurrency, approximately, in ten years or more.
member
Activity: 182
Merit: 10
I don't think they will... and by the way, why do we need to keep our crypto deposit their? I don't think it is safer than just regular ways of storing them. If you don't trust online wallets, you can use nano ledget wallets (i am not sure I wrote the name correctly). But this is the safest way to keep your crypto coins.
full member
Activity: 756
Merit: 102
Banks hate cryptocurrencies, because they can not controll them. So you can be sure, that there will be no cryptocurrency deposits on banks for a long time. Actually they are fighting against them as hard as they can, because they fear to loose the power over the money.

i dont think that is the reason why banks dont offer banks bitcoin deposits. infact some other banks are now supports bitcoin atm's , so how can you say that banks hate cryptos? maybe not all banks hate them because as of now there are lots of banks that partners with bitcoin .

May be after bitcoin mining is over

Lol. but why? why would they wait for that time? That is still the same because bitcoin will still be bitcoin even if all the supply has been mined out . Though the only difference i think is that the price of bitcoin will inflate too much.
member
Activity: 218
Merit: 14
Banks hate cryptocurrencies, because they can not controll them. So you can be sure, that there will be no cryptocurrency deposits on banks for a long time. Actually they are fighting against them as hard as they can, because they fear to loose the power over the money.
newbie
Activity: 42
Merit: 0
May be after bitcoin mining is over
member
Activity: 425
Merit: 10
Banks are one of the foundations of a government so they really can't take risk on cryptocurrency right now. If they fall apart it may cost them all. Banks are just doing its role and risking on Bitcoin would not be very wise in their stand point. But I ultimately hope that banks and Bitcoin can get into terms like how the government is slowly getting into terms with Bitcoin.
newbie
Activity: 196
Merit: 0
I think this wont happen as of this time, because the banks consider it a threat and there are chances that ut might drive banks out if the market. Its therefore difficult to see the banks offering bitcoin deposits anytime soon. We cannot push out the idea may be they will some day out od neccessity.
newbie
Activity: 32
Merit: 0
I believe in the future banks will, because as bitcoin gains more ground, popularity, and the value increases. Banks and government officials will want to take charge and  control  of it circulation by asking and allowing people to open account, deposit and withdraw with bitcoin.
full member
Activity: 476
Merit: 100
We are all hoping the bitcoin will surmount the present pressure on it and enjoyed more adoption by the world economics. If this happened then then the banks have no other choice than to adopt blockchain because they will need to continue in business. That will be when bitcoin can be accepted in  the banks.
member
Activity: 350
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Bitcoin itself is a competitor to the bans. the banks consider it a threat and there are chances that it might drive banks out of the market if only  countries grant it legitimacy Its therefore difficult to see the banks offering Bitcoin deposits anytime soon, We cannot however push out the idea, may be they will some day out of neccessity
hero member
Activity: 1302
Merit: 540
At present, banks and governments are against bitcoin, so they wouldn't allow bitcoin deposit in near future. As bitcoin is getting popular with each passing days, so we can't tell what would happen in two or three years time.
Well if there's a good potentials that it can bring a decent profits then banks will deal with it, here in my place we do have third party exchange where we can deposit our earnings from bitcoin and exchange it to this said third party and we can choose a bank deposit to make it fully secured withdrawing our hard earned money, but still not bitcoin to bank deal.
jr. member
Activity: 148
Merit: 4
A Blockchain Mobile Operator With Token Rewards
In the time goes by many banks will trully accepted bitcoin as a paymenth method of investing,but im proud to say that here in my country our national banks was looking to use it and also many branches here was already accepted it for payment method.
full member
Activity: 504
Merit: 100
it seems the bank will never want to help to offer a bitcoin deposit, but maybe in the future the bank will try to cooperate with cryptocurrency blockchain and bitcoin may be an offer of assistance to facilitate the user when the deposit and withdrawal.
newbie
Activity: 168
Merit: 0
I think it is very difficult for banks to offer bitcoin deposits because banks are very afraid of buying bitcoin. They will have more risk for banks if they send bitcoin because bitcoin is unstable and has many risks opportunity edge
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