Will banks ever offer bitcoin deposits?

[yohan09]

If we speaking kinda teoritally.. well, I guess it is possible sometimes.. maybe after all bitcoins would be mined.. and price could be more predictable.. but I'm sure banks will not offer for you very good conditions...
They will earn money for themselves first of all..

Cryptocurrencies have seen extremely volatility but it remains less clear if they pose a threat to financial stability. Central banks of the worlds biggest economy has no policy toward regulation of bitcoin, it is 'worth thinking about' The volume of cryptocurrencies could matter to monetary policy at some point.

[1714550433]

1714550433

[1714550433]

1714550433

[1714550433]

1714550433

[1714550433]

1714550433

[1714550433]

1714550433

[CryptoSpase]

I think that very little time is left until this moment. Banks will offer deposits in the crypto currency. And as I think they will conduct all the basic operations. You have to wait a few years.

[112tigra112]

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.

This is one of the possible ways to develop if you are a representative of the bank system, because if cryptocurrency will take over the existing economic system banks would need some ways to develop in order not to lose their positions.

[prashanta]

Japanese banks are already working on creating their own cryptocurrency called the J-Coin. As the Financial Times reports, Mizuho Financial Group and Japan Post Bank earned support from the country’s central bank and financial regulator to launch the project. The coin is designed to be pegged to the yen and easy to spend in stores via smartphones. Mitsubishi UFJ Financial Group, one of the largest bank in the works, is planning a rival cryptocurrency, MUFG Coin, for 2019.

[ubeng07]

Japanese banks are already working on creating their own cryptocurrency called the J-Coin. As the Financial Times reports, Mizuho Financial Group and Japan Post Bank earned support from the country’s central bank and financial regulator to launch the project. The coin is designed to be pegged to the yen and easy to spend in stores via smartphones. Mitsubishi UFJ Financial Group, one of the largest bank in the works, is planning a rival cryptocurrency, MUFG Coin, for 2019.

a good news for some people that users of this currency as well cause they can now have to experience the advance innovation of this crypto currency and this is what they have to make for that this currency made to be more efficient to use for.

[P60]

I think that very little time is left until this moment. Banks will offer deposits in the crypto currency. And as I think they will conduct all the basic operations. You have to wait a few years.

Yes, I also think that bank will offer bitcoin offer bitcoin deposits in the future. In the near future, bitcoin will be accepted and used worldwide. It just a matter of time.

[greeklogos]

I also think that it is possible to see one day, not over the globe, but in some countries for sure. Banks will cover such deposits under that safity about which some banks are so prowed and of course they will add crypto in their exchanging services one day to not stay out of trand.

[eolitic]

Frankly, I don't think that banks will ever offer bitcoin deposits, maybe crypto banks, but definitely not the ordinary ones. It can be explained very easy. Crypto is the only one and a very serious competitor, which can totally destroy the importance of fiat. Maybe we will see some better changes?  

[pendong101]

It might happen is sometime but i don't think it's a good idea cause they'll control your bitcoin and they're the one will profit from it and besides we don't really need bank cause we can keep our own coins in our own

[idex100]

There are really no incentive for banker to do that nor will it be beneficial to the investors. bitcoins are not designed to be centralized nor managed by banks

[fordrenok]

deposits using bitcoin until now can not be used because it concerns the financial system. This bitcoin is in the form of blockchain and digital financial sitim is not real money.Because as there are many DDOS attacks in crypto field banks will need to have high internet security.

[Deewhy50]

Who knows     we should expect anything when it comes to bitcoin.  It possible to happen since almost everywhere is about bitcoin.  Banks can adorbt it since its a means of investment.  But this may take some years to this time.

[patimahsunda]

I think banks will never offer deposits for bitcoin. Because after all the bank is not associated with bitcoin and also the bank is very opposed to bitcoin. And banks will never do that. That's just my opinion.

[Huntsman82]

Who knows     we should expect anything when it comes to bitcoin.  It possible to happen since almost everywhere is about bitcoin.  Banks can adorbt it since its a means of investment.  But this may take some years to this time.

It will definitely happen in the future when countries adopt crypto as a legit way of payment but we're a long way from that.

[solkinsolali]

Banks offering Bitcoin deposits? Of what use would it be? With cryptocurrency I am supposed to be a bank of myself using my blockchain wallet or any other platform. It will also be a far more risk for the banks than even the depositor.

[Joyeeta]

It might happen in 5 years or it might never happen. What I understood so far that bank do not like bitcoin or any crypto. I see people bank account get closed due to deposit or withdraw using crypto. So it might never happen.

[94K]

This will only be if the whole world gets to understand btc and accept it as a form of payment and then they will accept it.

[alexanderthegreat2]

for me banks know for sure that Bitcoin offers much benefits and wish to tap this benefit if only they can gain access to control Bitcoin in their own way,all countries before we see banks offering bitcoin deposits and as long as bitcoin is not authorized in all countries in the world, I think banks never offer bitcoin despoit in their service, because if this happens I think bank is not kingdom regulations.

[asbak66]

Not in this years because the regulation isnt ready nowadays
But if we wait till 5 or more years nothing impossible i think

[rukawa101]

I don't think it will happen because bitcoin price is so unstable it will be a lot of problem for them if suddenly bitcoin price dropdown and besides we don't really need it cause we can keep bitcoin on our own