Topic: You Can Now Keep Your Bitcoins In A Bank - page 8. (Read 21703 times)

Most of the country will not accept the bitcoin. So bitcoin will be not accepted some country bank. But some country will be accepted the bitcoin. So people time to exchange and time to invest. It good ideas. So people will be wait for the bitcoin accept all country. It can change the world. It help to people growth.

I would rather to keep my bitcoin on my own cold storage wallet which is electrum or Nano ledger rather than a bank. There's a tendency in the near future once you put your bitcoin in bank they can hold your Bitcoin. Because, they are centralized while bitcoin was not instead it is
decentralized, I don't know if some of you would agree with me.

Well, this could really be a good news for people who keeps losing their logins. This is possibly a nice step in the right direction. I mean we shouldn't alienate banks, we should work with them because they have the mean to make crypto currency big enough to be adopted into businesses worldwide.

but one step ahead for the blockchain revolution,
if not starting From now on to the idea of ​​a bank recognizing Bitcoin As a storage and exchange asset on the market, by providing a Bitcoin banking system, a solution for crypto users and banks for synergy in building global finance in a transparent, credible, and security manner.

I myself don't understand what system is used later when the bank accept a deposit with bicoin, I think it will be the same as storing fiat in general, you can withdraw it at any time but of course the control from the bank agency will get you, your identity will no longer be anonymous, maybe that's the consequence..

This is a giant crypto-leap for every holders and investors out there. This is something that mose of us are waiting for and dreaming of.  With this breakthrough, they recognize that bitcoin is not some phantom coin nor a ponzi scheme. them backing up bitcoin gives assurance to holders out there that their bitcoins will be protected and backed up by big banks like this and soon more banks will adapt this step also.

It would be good to deposit bitcoins in a bank to make it even more secure. This would allow more people to start trusting bitcoin as the banks can really attract investors. Granting that bitcoin may now be accepted, will these create a problem with the transaction fees? Could this really help bitcoin? Thanks!

Well this would be great but for my country still , no show of bitcoin acceptance or regulation regarding of implementing bitcoin as a regular currency.  It's really nice to hear it but it's very nice to hear it when bitcoin become the worlds number one currency and all the nationwide across the world would implement and set regulation. In that way no doubt though, bitcoin will positively shock the world.

Where is the bank have accepted bitcoin or altcoin as investment for saving ? I want to keep and save my money with crypto currency to because I think it more profitable than I have hold and save my money at the bank.

I do not think this is a good news when this would be a breakthrough for the government in setting strict regulations on crypto, they will control the bitcoin and our transactions through the bank, we will be taxed and facing management from the government, that's not a comfortable thing for all users. People come to crypto and bitcoin when it gives them financial freedom, they do not need to pay taxes and can make transactions without the control of the government, banks are not necessary, users can still manage and preserve their assets, people will not support and accept the bank for bitcoin

I really agree with your thoughts, I also don't really like it if bitcoin is only saved to wait for the price to go up and back I sell. the risk is too big, and takes a very long time

nice this is good!!!

We are using bitcoins because we want to avoid the banks and you are giving us suggestion to use the bank. That's not the bitcoin users who want banks again. We are getting rid of banks through bitcoins as we are not happy with the current strict rules of the banks.

Indeed a good news. But maybe we have to wait for more, due it is maybe available for those big investors. This is maybe their stepping stone and a trial period to know if its going successful. Many people will patronize it in the future especially with those who are cryptos entusiasts. The safety of bitcoins is now possible as long as it is in the bank (to tell honestly, online wallets are really not safe and hardware wallet is one option to make our coins safe). I hope they continue to work on it and be available for everyone.

I think why we need banks to store our bitcoin if we can opening bitcoin wallet for free. Its good that banks accept bitcoin for deposit but i am prefer holding my bitcoin in my own bitcoin wallet because its on my control

I see this as a good news. I mean a bank is actually lookin at crypto currency as a viable investment enough to provide security for it. That is a huge step into the right direction. I just hope more and more institutions share the same view so we can make crypto currency adoption happen faster.

Not for me
CitiGroup is not trustworthy
I will never keep my money on his banks
Whatever fiat or crypto
Big Banks are hardly trying to own crypto market
And i see that  like a biggest danger for crypto movement

Do you even know bank interest? It seems you don't know, so stop bullshitting like you know everything.

This is an answer, they hold your Bitcoins and then give it to other peoples so you can get the interest.

Well, in a way it is a good thing for those who may have one or two challenges when it comes to being able to handle bitcoins on their own and possibly the banks will come up with some incentives and some features that will make some probably want to have a rethink about it.

Banks have been ripping us off over the years and indeed they just do not want to stop ripping us off as much as they can. It is pathetic that some people can even be considering the idea of keeping bitcoins in a bank when they can simply just be their own banks.

When it comes to adaptation to new technologies, there are certain people who find that extremely hard to be able to achieve on their own, and one of the reasons some would still prefer to go through the traditional way in as much as they want something to do with the space, but all the same, it makes no sense.

Nonetheless, I just see this as a faction of those old traditional folks, who won't find it easy getting used to the blockchain technology, opening wallets online, keeping it safe and all that, and if banks could help bring those factions into play, then it is not a bad idea. It is not like they are going to be forcing anyone anyway, it is a service they want to render, and it is only if you are willing, that you will have to make use of it.

maybe what you say is the positive development of the crypto currency and of course also for countries that have formalized the crypto currency as a valid currency but in my country crypto currencies are prohibited from transacting directly with crypto currencies