wonderfulvn
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July 22, 2018, 12:24:20 PM |
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There are many countries that accept bitcoin and some countries do not officially accept it but as much as I know banks are afraid of bitcoin because they see bitcoin acting as their rival so I do not think it is so easy. You are meant to kill yourself if you are bankrupt. All in all, this sounds unfeasible and unrealistic. Currency Fiat and crippled currency are two different things.
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Slayer21
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July 22, 2018, 12:34:21 PM |
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It is useless decision, people can have their own bank aka wallet and they don't need to save bitcoin in bank.
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Huntsman82
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July 22, 2018, 01:34:39 PM |
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It is useless decision, people can have their own bank aka wallet and they don't need to save bitcoin in bank.
It's not the same. The bank will keep your coins safe and secure and you'll have some kind of insurance. Paper wallets, hard wallets, digital wallets can be stolen or hacked but if it's in some bank then you don't care because that's the banks problem not yours. |
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yarozaqu
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July 22, 2018, 01:39:37 PM |
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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.
I think In the coming future It will happen. Because It is the future technology. |
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cryptoicicle
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July 22, 2018, 02:51:58 PM |
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Most banks don't accept bitcoins instead if you want to exchange bitcoins in banks that means you are willing to pay a high amount in bank exchange rates. Bank and bitcoins are not the same thing.
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botkiller
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July 22, 2018, 02:52:19 PM |
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I think this is possible in the near future (2-5 years) when bitcoin will be recognized officially as digital asset by governments and financial institutions.
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Stac
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July 22, 2018, 03:13:27 PM |
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Bitcoins are stored in each persons individual wallet and there is no need for banks to deposit bitcoins as the users will be able to store their bitcoins in the secured wallets than bank deposits, Bitcoins and bitcoins wallets gives a sense of financial freedom to all the bitcoins users which is not possible when depositing in a bank as banks are controlled by the third parties and the central authorities and only with their help you will be able to move your funds whereas if you store bitcoins in wallets there is no need for third party intervention in any transactions. May in the future the banks will bring bitcoin deposits to survive in the market.
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mdrakibul
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July 22, 2018, 03:17:11 PM |
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I don't think so. We are all aware how both the govenrments and their central banks are at the tails of the crypto community to shut it down how then will they decide to accept bitcoin deposits.As a solution for them, banks have to do an application or develop a work and create a digital wallet for them to get even those who invest in Bitcoin.If it happen bitcoin bring huge change on economy. Although bitcoin play his role on economy very actively.
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royalbittinz
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July 22, 2018, 03:20:36 PM |
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Everyday, as time goes by more and more people around the world
have be becoming more aware of Bitcoin and how it can transform
the IT world. And banks are not left behind, though most banks
or rather government have not recognize Bitcoin as a digital
currency, they still believe its a scam.
But with time, they will accept it as a digital currency by the time
the world have embrace its presence.
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AshanKaushanka1996
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July 22, 2018, 03:30:44 PM |
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may be bitcoin can use like as a foreign currency deposit accounts, because of the volatile nature of BTCs
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puruntung213
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July 22, 2018, 03:56:02 PM |
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Its not possible to happen many people are using bitcoin or cryptocurrency now a days if happen that all people are using bitcoin in the near future may be its the time that bank need to accept bitcoin and bitcoin popularity is expanding every month, week and day
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HasiViraj
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July 22, 2018, 03:58:38 PM |
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This may appear to be impossible now particularly that banks and bitcoins are both in an alternate and correct inverse frameworks. Notwithstanding, if bitcoin request keeps on expanding thus as the quantity of financial specialists and clients, at that point I figure banks will have no real option except to adjust to such test. Despite the fact that it might be unsafe yet I am almost certain they will go to an understanding where in banks won't lose excessively too.
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minime0105
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July 22, 2018, 04:01:58 PM |
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This may appear to be impossible now particularly that banks and bitcoins are both in an alternate and correct inverse frameworks. Notwithstanding, if bitcoin request keeps on expanding thus as the quantity of financial specialists and clients, at that point I figure banks will have no real option except to adjust to such test. Despite the fact that it might be unsafe yet I am almost certain they will go to an understanding where in banks won't lose excessively too.
Yeah, I agree. Momentarily, it all seems unfeasible given the current friction between the crypto market and banks. At the same time, with time there might be a chance of this happening with banks adapting to lending crypto as a means to remain functioning and no go bankrupt. |
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BennyK
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July 22, 2018, 04:54:56 PM |
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Bitcoin and banks are two separate bodies working with different principles - decentralization and centralization respectively. These two principles are conflicting and in order for banks and Bitcoins to work together, one must adopt the others principle.
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bizarro
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July 22, 2018, 08:16:48 PM |
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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.
In the near future it will be possible. But if to talk about price for these deposits, we all must think about profit we will get from it. Banks always want to share some money for commission. |
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Akpuv
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July 22, 2018, 08:25:19 PM |
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In my honest opinion, Bitcoin does not in anyway need to be deposited in the bank for any reason, and as such I see no need for banks to even consider accepting Bitcoin deposits. Bitcoin was created to be a decentralized system without intermediaries in its transactions. Banks accepting Bitcoin deposits is like taking us to the same fiat system. With Bitcoin, you are your own bank.
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Damn3d
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July 22, 2018, 09:22:26 PM |
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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.
It could be, if bitcoin would be worldwide accepted or at least most of the countries will accept it because for now banks are not recognising bitcoin as a serious threat for their business. |
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Jose Rizal
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July 23, 2018, 01:36:30 PM |
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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.
Of course , banks will definitely soon to accept Bitcoin due to the fact Bitcoin is becoming popular in each country, and banks are being threatened to the fact that Bitcoin is a better choice than to invest in their entity which I agree, so probably sooner Banks will accept cryptocurrency in their system to be included to the growth that Bitcoin was able to provide them through people who invests here. |
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1goldhunter001980
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July 23, 2018, 01:53:05 PM |
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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.
I think its good to have a banks that accept bitcoin deposits to make our bitcoin investment safe from any hacking incident and its also beneficial to investors so we don't need to worry of losing our investment due to bad people around us. |
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BlackCanary
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July 23, 2018, 01:58:46 PM |
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I think, for today nobody wants to accept the risk of bitcoin, I analyze that FOMO higher than panicked sellers, so it requires a long process, even the majority of banks also refuse bitcoin, so how will banks offer to deposit?
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