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Topic: Will banks ever offer bitcoin deposits? - page 68. (Read 6362 times)

full member
Activity: 231
Merit: 100
The prospect of receiving income from crypto-currency deposits looks very attractive. It is not excluded that the participants of the global market will be "very happy" with the possibility of opening accounts in digital monetary units. And yet some doubt the efficiency of the system of accumulating profits. After all, Bitcoin is not a fiat money, so he needs other mechanisms.
newbie
Activity: 126
Merit: 0
of path the bank already is aware of such matters however the bank can't take delivery of the aspect that does not materialize to emerge as warranty held like an asset. one day the financial institution will realize the huge potential and advantages presented via Bitcoin and cryptocurrency, it's miles simplest a be counted of time earlier than the majority of them can be part of the fashion, so let's hope so.
full member
Activity: 966
Merit: 102
If I think the bank will never offer Bitcoin deposits to its citizens. Yes, this is if in my country because some of the banks really hate Bitcoin's increasingly known. But I do not understand the situation in other countries.
and as far as I know, the bank will never offer bitcoin to its customers. because the bank hates bitcoin very much because the bank is also afraid that its customers turn to investing in bitcoin. hence the bank hates very much against crypto like bitcoin
newbie
Activity: 28
Merit: 0
yeah! it would be very profitable to everyone who HODL and it should be! Cheesy
but i don't think bank will dare to do this because it could be riskier to them also due to price fluctuation..
newbie
Activity: 173
Merit: 0
If both fix the system then can complement each other, it is possible. I think the bank should also improve its service in order to survive and not be defeated by bitcoin. If that happens in the future, then it will be good for everyone, there will be no more debate.
newbie
Activity: 128
Merit: 0
Fixed deposits, I don't think banks dare to do this.
If the price of Bitcoin fluctuates, if it falls sharply, people will always rush to sell it. If Bitcoin is not available at this time,
For users who store Bitcoin, this is not a friendly thing.
sr. member
Activity: 854
Merit: 281
I think bitcoin will have to become much more mainstream for banks to accept it as collateral for loans and to give interest for it. I'm sure Japan has something like this. We are just a bit behind due to the fear banks have of being displaced.
member
Activity: 420
Merit: 10
If I think the bank will never offer Bitcoin deposits to its citizens. Yes, this is if in my country because some of the banks really hate Bitcoin's increasingly known. But I do not understand the situation in other countries.
newbie
Activity: 112
Merit: 0
On the off chance that they'd be on a next level of avarice, I'd say they may give it a go however very incomprehensible. The administrations are endeavoring to stop any type of communication amongst trades and banks, essentially on the grounds that they don't need any cooperation fortify between the two. Likewise, it would be somewhat unfeasible for individuals to keep their BTC in the banks since, well, the fundamental reason bitcoin is made is for individuals to be their own particular bank, so it would be amusing and envision the potential benefits you may miss. With everything taken into account, this sounds impossible and unfeasible.
newbie
Activity: 86
Merit: 0
If the banks accept bitcoin deposit they will get a good income from investors bitcoin.They will show how many bitcoin a persons have this will lead government will ask tax charges. But many banks are thinking to accept bitcoin deposits.
newbie
Activity: 29
Merit: 0
 Banks are of course trying to get in the Bitcoin and cryptocurrency, but I don't think that in the nearest future they will offer bitcoin deposits. Maybe in 5-10 years.
member
Activity: 462
Merit: 10
Will never! because it is already against the bitcoin system without intermediaries. After all the system in banks and bitcoins is very contradictory. Banks will adopt blockchain technology but not with the offer of bitcoin deposits.
jr. member
Activity: 140
Merit: 1
when banks offer bitcoin deposits more bitcoin users to be happy for this because more bitcoin users her bitcoin is be a safety to the banks and to other country accept a bitcoin in banks to deposit.
member
Activity: 322
Merit: 12
In my own opinion, Banks and bitcoin is completely of different concepts. Hypothetically, if it happens i think there will be a big control in terms of bitcoin profits. We already know how banks is giving interest percentage it so minimal, a very small dividends only will proceeds to our interest. So most likely if it happens that banks accepts bitcoin deposits, maybe the bitcoin will be under the control of bank law by that time.
member
Activity: 252
Merit: 17
If banks will allow people to deposit their bitcoin this will be a good decision for banks because surely they will have a lot of income. I had read some articles that say that some banks had already studied on how they can embrace the crypto currency world with their existing process. Well this is a top decision for both of them because we all know that there are always a positive outcome and negative outcome in every move we do. But hopefully the positive outcome will be more dominant that the negative outcome if the time comes. This will surely be another good benefits that bitcoin will achieve if this time will really come.
newbie
Activity: 240
Merit: 0
It Remains to be seen what the banks will do about bitcoins, Banks and Bitcoins currently don't see eye to eye, as Bitcoins are largely cOnsidered as a threat to BTC. However as time goes buy and more people get to embrace cryptocurrency, i think a time shall reach when the banks will have to embrace Bitcoins so as to remain relevant to the market especially if most people decide to go the bitcoin way. Its currently seems impossible for the banks to even consider BTC deposits but they might just be forced to in the near future
sr. member
Activity: 812
Merit: 256
Yep i think they have 2 ways or die or accept crypto in future times are changing and they cant do nothing with it as noone could do nothing with internet before.
newbie
Activity: 59
Merit: 0
Deposits are not realistic.
Bitcoin holds its own operation and deposits it in the bank. If the price goes down and there is no timely operation, these losses will not be borne by the banks.
full member
Activity: 358
Merit: 108
For me banks know for sure that Bitcoin offers much benefits and wish to tap this benefit if only they can gain access to control Bitcoin in their own way,all countries before we see banks offering bitcoin deposits and as long as bitcoin is not authorized in all countries in the world, I think banks never offer bitcoin despoit in their service, because if this happens I think bank is not kingdom regulations.
jr. member
Activity: 227
Merit: 1
IQCash
Talking about two different bodies working on two different yet opposing principles. Bitcoin is decentralized while the banks are centralized. I don't know which will override the other if these bodies are to come together and work as one piece. In the event of the banks allowing Bitcoin fixed deposits means, the banks will have access to the transactions of individuals who have their Bitcoin with them (third party interruption).  
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