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Author Topic: Bank moving towards bitcoin soon?  (Read 2519 times)
Taki
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December 02, 2016, 12:29:07 PM
 #61

Chinese people seem love to bitcoin and it is the country with largest amount of bitcoin miner so basically china is already collecting bitcoin but what Russia is doing behind the scene is unknown. But even if any country start to grab few bitcoin to hold for worst economic situation in future like during worldwar they will grab it silently and i highly doubt any country to announce this officially.

China is very modern country with high technologies and smart brains. Yes they are number one now with using bitcoin. I think it is cause of they are realise all the pluses and pespective of bitcoin. And russia already get it. So that is why Russia wants to make frienship with china and use their ideas.
I heard on the news that some expert in China predict the price to bitcoin as 1 mln $ and advice to everyone to by at lest one bitcoin. I think Russia does not want to skeep that great chance.
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mace15
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December 02, 2016, 01:51:16 PM
 #62

I guess it will not implemented soon, banks moving towards
bitcoin may consider a lot of things before it will released.
We all know that bitcoin is decentralized, also if this will
happen many will adopts its changes.
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December 02, 2016, 02:02:08 PM
 #63

I dont think so. Banks are centralized while bitcoin is the opposite of banks. What will happen to banks if they start adopting blockchain technology? These two are very different and against each other. For that to be happen, banks should be decentralized in able to work well. I really doubt this will be happen even in the future.
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December 02, 2016, 02:08:41 PM
 #64

I don't see banks moving towards bitcoin as well.
Bitcoin has a market capitalization of about 12 Billion $ at the moment.
That's not much for the big banks. Isuppose it's too less to even think about a bitcoin strategy.
By the way, if a few banks would realy invest in bitcoins, the price would rapidly rise.
They would create anothere bubble at the financial markets. And that's something they don't need now at all.

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December 02, 2016, 02:24:08 PM
 #65

I dont think so. Banks are centralized while bitcoin is the opposite of banks. What will happen to banks if they start adopting blockchain technology? These two are very different and against each other. For that to be happen, banks should be decentralized in able to work well. I really doubt this will be happen even in the future.
Nope, and it means blockchain doesn't work if the bank wasn't using the decentralized system? It wrong at all. Blockchain is a system and it can be customized.
Why a lot of press or media were releasing some news about the blockchain has researched by the conventional institution?
Your word wasn't making sense.

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December 02, 2016, 02:28:03 PM
 #66

China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
I heard that already that bitcoin has provide by the bank. We can directly put our Bitcoin in bank.

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el kaka22
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December 02, 2016, 03:47:48 PM
 #67

China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
I heard that already that bitcoin has provide by the bank. We can directly put our Bitcoin in bank.
Not with all banks, but I recently come across with wb21.com through Xapo's USD deposit options. wb21 is an UK based banking services and they are accepting bitcoin deposits. It means we can sell our bitcoins with them and may start using fiats through their debit cards. One noob question here : what is the differences with them from coinsbank.com, a reputed services.

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talkbitcoin
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December 02, 2016, 04:23:41 PM
 #68

China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?

many others are also investing in bitcoin but that is not because of global and economy crash in the present or possibly future. it is mostly because everyone is starting to realize the power that bitcoin has.

and you subject that is saying banks moving towards bitcoin is another story which will happen but not until bitcoin is adopted by masses.

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December 02, 2016, 04:25:13 PM
 #69

China and Russia are investing in gold big time and it seems like global market crash is coming very soon. check the news. What are the chances everyone move to digital money?
I heard that already that bitcoin has provide by the bank. We can directly put our Bitcoin in bank.
Not with all banks, but I recently come across with wb21.com through Xapo's USD deposit options. wb21 is an UK based banking services and they are accepting bitcoin deposits. It means we can sell our bitcoins with them and may start using fiats through their debit cards. One noob question here : what is the differences with them from coinsbank.com, a reputed services.
We can exchange bitcoin from some exchanger that partnered by banks we can not directly to exchange bitcoin in the banks i never heard about that but i hope in the future that we can have a bitcoin banks which is we can deposit and withdraw bitcoin in the banks.

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