Bitcoin in the banks?!

[Vikingr]

In the start I was of the view that banks are better for bitcoin for its more security but now I think that if the local banks started to control bitcoin then there will be a lot of scammers in there who will scam innocent people (i am saying it because recently I heard about a bank scam)

[zodin]

in present time we can see that still not a single country has yet legalize bitcoin in their state therefore banks are also not ready to accept bitcoin in the banks or to deposit it there, but i think in near future all the banks are going to accept bitcoin for exchange for money transfer and every for depositing bitcoin in the banks, because in future the number of investor of bitcoin will be so much and there will be a good income to the banks from bitcoin.

[Doamader]

This question its insane to be asked, did you saw the Greece banks problem, soo you wanna let your bitcoin on their hands? I dont trust my bitcoin to banks, i have already my bank, called blockchain and im very happy with it.

[universe_]

yeah i am sure bitcoin will soon get this facility that bitcoin can be deposit in bank in the future, then people will need to convert their bitcoin to fiat for direct shopping.

i doubt that bitcoins will be together with banks in the future, in my opinion those are two different things and they cannot go along though everything is possible

[PeRo]

Bitcoin does not need banks. Why would you trust a bank with you money, when the Bitcoin wallet is safe enough. Banks are for fiat, not for Bitcoin. It would really ruin Bitcoin, also. I really hope that Banks wont come to Bitcoin, it is great without banks. And probably no one would support it or use it, you can see from all the answers here.

[bestluck]

I think with this advancement people will get more security and will trust more on bitcoin and will not feel any fear about the losing the value of bitcoin, as the banks will provide guarantee for their bitcoin as valid wealth of the particular person.

[Ewinsane]

yeah i am sure bitcoin will soon get this facility that bitcoin can be deposit in bank in the future, then people will need to convert their bitcoin to fiat for direct shopping.

i also hope about it happen soon.

[BitMaxz]

I think bitcoin don't need banks to deposit bitcoin. if you heard in singapore there is
ATM for bitcoin they don't need it because we can restore our money in bitcoin in wallet with security how you protect your password and private keys..
Anytime you can deposit your money in bitcoin.. also here in my country you can withdraw your bitcoin into fiat instantly so i think they dont need banks.

[airsounds]

yeah i am sure bitcoin will soon get this facility that bitcoin can be deposit in bank in the future, then people will need to convert their bitcoin to fiat for direct shopping.

i would definitely not like it then because bitcoins would be dependent on banks and we surely dont want for this to happen if we dont want to turn bitcoin into fiat

[20kevin20]

I don't think so. That would mean bank transactions would be anonymous, which is a disadvantage for the governments. Because we need to be controlled, right?.......

Trust me, governors absolutely hate BTC. They can't accept something like this, and the first to come with this idea will fail.

[JeffBrad12]

yeah i am sure bitcoin will soon get this facility that bitcoin can be deposit in bank in the future, then people will need to convert their bitcoin to fiat for direct shopping.

I don't think so, about that. because it looks like impossible for the bank to giving a facility for bitcoin. because bitcoin is made for a secondary currency for the 2nd world like digital world.

[Wind_FURY]

yeah i am sure bitcoin will soon get this facility that bitcoin can be deposit in bank in the future, then people will need to convert their bitcoin to fiat for direct shopping.

I don't think so, about that. because it looks like impossible for the bank to giving a facility for bitcoin. because bitcoin is made for a secondary currency for the 2nd world like digital world.

You do not need a bank to store your coins. You should full control of your money. But I am sure that bank-like services should be created in order to find better use for bitcoins to help society as a whole. One example is a peer to peer loaning site.

[plpbtc1526]

They create bitcoin coz they dont want any third party like banks. Now you want it to deposit to bank?  Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. Banks are opposite on bitcoin. I dont think they will collaborate.

[Achargeturry78]

Is it possible that Bitcoin can be deposited in the banks in the near future? I mean like any other currencies that can be deposited and withdraw in the banks.

no , here in my country we always turn our bitcoin into fiat then deposited into banks that's what im doing right now because if you banks use bitcoin currency they probably , bankrupt soon why? because bitcoin is not stable it will increase and dicrease the price if you use banks as investment where your bitcoin grow probably they into scam soon hahaha

[madwica]

Here in our country we can cash out bitcoin through bank by converting into fiat and also we can deposit money through bank direct to our bitcoin wallet to have fund our bitcoin but we can not yet open an account in terms of bitcoin because bitcoin has no physical money but hoping soon bitcoin will launch real coin to be used in different stores in whole world.

[Decoded]

Why would I want to do that? I believe my care, or even a paper wallet is safer than a bank. The only thing that will appeal to me is the interest. But in the crypto world, 2% per annum is tiny.

[dippididodaday]

They create bitcoin coz they dont want any third party like banks. Now you want it to deposit to bank?  Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. Banks are opposite on bitcoin. I dont think they will collaborate.

It looks to me you have valid points you are making cause the bitcoin is not so bank friendly otherwise the tradisional banks would have taken Bitcoin completely over by now but they haven't because they can't lol. 

[Red-Apple]

Why would I want to do that? I believe my care, or even a paper wallet is safer than a bank. The only thing that will appeal to me is the interest. But in the crypto world, 2% per annum is tiny.

it can be a thing of the future not for today.
in the future if bitcoin becomes a lot more popular than what it is today, everybody will eventually get on board in order not to fall behind. and in such day the price will be a lot more stable so 2% cane be good.

[TastyChillySauce00]

Why would I want to do that? I believe my care, or even a paper wallet is safer than a bank. The only thing that will appeal to me is the interest. But in the crypto world, 2% per annum is tiny.

well if you think the only advantage of using bank is their interest,if you'd make a lending service,you'll get the same advantage or even more
although price fluctuation could give a profit when it comes in good situation

[danherbias07]

Why would I want to do that? I believe my care, or even a paper wallet is safer than a bank. The only thing that will appeal to me is the interest. But in the crypto world, 2% per annum is tiny.

well if you think the only advantage of using bank is their interest,if you'd make a lending service,you'll get the same advantage or even more
although price fluctuation could give a profit when it comes in good situation

There are differences of course. Others would be staying in banks for there is not a lot of risk. Safer. Why? Because it is not new. Trust is already there. In bitcoin, it will be a new adventure. They would think there is a lot of risk for it is still young. But hell, I would rather risk and gain a lot than stay at banks where you will just wait for the interest. You are already old and yet your money is didnt grew much.