Topic: Will banks ever offer bitcoin deposits? - page 81. (Read 6362 times)
Bitcoin is growing very fast. And its the biggest fear for banks. Banks have to feel this change and should also accept this change and start giving facility regarding bitcoin.
I think that it is possible in several years, not now because it is difficult to change the standard traditional system. People need to adjust to this idea. Some are against crypto but they are few.
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.
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.
There are actually banks right now who accepts bitcoin deposits, especially in the US and Canada but there are only limited banks who accept. Most banks are afraid of bitcoin and never get attached to it due to the volatility of the market price and because it is hard for to hold it. If banks actually are smart enough as you said they can earn from it and get some profit but it really depends on the business. I heard that RBC was accepting deposits but then they actually remove it due to reasons. So there are things that make them not do it but for sure sooner or later it will happen.
If one day the use of bitcoin keeps increasing and daily transaction volume reaches hundreds of billions then it is probable that banks immediately open deposit for bitcoin.
Every business find to new way to earn more and more profit. Bitcoin and bank is competitor of each other. It possible but not like near future. If it happen bitcoin bring huge change on economy. Although bitcoin play his role on economy very actively.
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.
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 really think there is something that is impossible, it will only take long time but it will happen one day and every body will be shark.
I dont think that will be possible since bitcoin is not fiat, btc is a digital currency and wil remain so for many years...
Indeed, banks will only be deposited fiat type of money but don't get me wrong some bank also accepts fiat deposit which came from bitcoin funds. It was already converted and exchanged from local trading site of the country that has been affiliated with banks online, but not to the extend that bitcoin currency can be a saving funds.
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.
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.
Yes maybe, there is a huge chance for banks to create their own way to hold bitcoins and make their own exchanger company like you can convert cryptocurrency to fiat and that is the only way for them to survive.
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.
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.
such organizations already exist! Of course, these are not big banks, but they are sufficiently secured companies! these companies offer deposits in bitcoin, and with them you get interest every month! Of course, one thing is bad - most of these companies are a scam and a pyramid! so you need to be careful! and so I'm sure that in a few years there will be the first banks for receiving bitcoin on your dipozit!
recently the Japanese company Coincheck announced the first interest-bearing accounts in Japan in bitcoins. Despite the fact that in general the project looks quite attractive and can promote the distribution of bitcoin among the population, there are certain problems associated with the mechanisms for making profit from such deposits.
it may also happen, but to make the decision, the bank should have calculations and policies about the bitcoin as well, so it may take a long time it will happen.
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.
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 would like to see this. I also think it won't be long before high street banks allow crypto trading in the same way they offer trade on stocks and shares. If the banks simply change a small percentage on each transaction, they make money regardless of whether the coin price goes up or down.
But like property, if governments don't de-rail crypto, I can see BTC or ETH, for example, being good medium to long term investments.
I dont think that will be possible since bitcoin is not fiat, btc is a digital currency and wil remain so for many years...
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.
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.
Banks Will not offer Bitcoin deposits if ever because of being volatile. The fuctuation of the price Will cause big loss for the banks if ever and it contributes big benefits for the deposiitors.
I have never heard and seen in my country in Indonesia. government / central bank managers offer bitcoin or other crypto deposits to the people of Indonesia. probably because the government still considers illegal bitcon for now .it is possible for the coming year Indonesia will accept and join bitcoin officially.
It may become a reality in the near future but at the current moment, I will say it's a big no due to the hostility that most banks have shown towards bitcoins in the coming years.
I think banks may not offer bitcoin deposits, too risky if banks offer bitcoin deposits, because bitcoin prices are very volatile, until now there is no bank mancoaling bitcoin deposits to me
I think if bitcoin is acceptable to many people and accepted by many countries. Then surely many banks will try to offer to deposit bitcoin, because basically bitcoin investment is almost the same as stocks or mutual funds.
Banks will definitely do something like make a bitcoin deposit as long as they think it's profitable.
Banks will definitely do something like make a bitcoin deposit as long as they think it's profitable.
Currently, I have not seen any banks offering bitcoin deposits. But with the speed of development of bitcoin today in the cryptocurrency market. I think the future banks will provide bitcoin deposits. Many people use bitcoin as a business or investment tool in the market and they make a lot of money. That is the reason they have many free bitscoin and they will deposit bitcoin into the bank for storage.
I have never heard and seen in my country in Indonesia. government / central bank managers offer bitcoin or other crypto deposits to the people of Indonesia. probably because the government still considers illegal bitcon for now .it is possible for the coming year Indonesia will accept and join bitcoin officially.
BTC deposits may occur at any bank if the owners of each bank or btc only talk. but at the moment many wallets are out there that we can just get BTC so it's good to get into your mind thank you
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