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Author Topic: Will banks ever offer bitcoin deposits?  (Read 6336 times)
millgates
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August 04, 2018, 12:56:45 PM
 #1421

I am sure that they won't do that. And we don't need that. Bank can't get anything from bitcoin, if they apply monthly charge for their service then bitcoin users will not use their service. We have our own bank(bitcoin wallet) that fully on our control, so there is no benefits for bank and they will not do that.
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fordrenok
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August 04, 2018, 12:59:07 PM
 #1422

I do not assume so. we are all conscious how each the govenrments and their valuable banks are on the tails of the crypto community to shut it down how then will they determine to simply accept bitcoin deposits.This will take some time for some banks to come to terms with the decentralized nature of Bitcoin although a very few banks accept Bitcoin currently.This will take some time for some banks to come to terms with the decentralized nature of Bitcoin although a very few banks accept Bitcoin currently.
incomefromcoins
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August 04, 2018, 01:05:35 PM
 #1423

banks are Germany and Japan are designing bitcoin deposits and banking and security bonds and investments products on cryptocurrency and related projects blockchain adoption is happening
TurboPower
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August 04, 2018, 01:06:53 PM
 #1424

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.
Bitcoin is unpredictable in nature, I trust you will realize that and afterward banks dependably anticipate that the steady cash will store them as it were. On the off chance that they permit bitcoin as an installment and after that BTC value drops and knock there will be enormous issue for the managing an account side.

So they may have bitcoin installment as choice like elective choice like how we have investment funds, current and so on.

So far no banks may in a few years they will acknowledge the bitcoin and alts as an installment alternative.
jademaxsuy
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August 04, 2018, 01:07:19 PM
 #1425

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.

Every business needs to adapt to changes and challenges like this. Im pretty sure banks are already finding ways to join the bandwagon.they will surely profit from it. It would just be a matter of time until they accept bitcoin deposit and withdrawals.
yeah this banks could adapt the trend on cryptocurrencies but it should never be mixed up with decentralized currencies. These banks will act as a third party for the exchange transactin especially if it involves huge amount of money being transacted. These local exchange need these bank so that they wil not be having some difficulty on keeping the fiat money on their own hands. This way banks will going to earn more during these process.
BitcoinGuruOne
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August 04, 2018, 01:14:25 PM
 #1426

If it will happen which is higly unlikely, then it would be interesting how the price would react not because of this kind of  news but how would banks use BTC which is stored in their system.
Surely there would be more volume and more manipulation.
Ezenwanyi
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August 04, 2018, 01:19:46 PM
 #1427

I believe it would happen in the nearest future.
If the present blockchain ecosystem is improved on to push for the mass adoption of bitcoin.

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Rustamm
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August 04, 2018, 01:25:57 PM
 #1428

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.
No, I think that banks will never offer deposits in bitcoin. Such services for them will be very risky and at such a risk they will never go. Also, for the same reason, they will not give out loans in bitcoin. The only thing they will do is provide services for the exchange of crypto currency in fiat and fiat in the crypto currency.
Dessy Nurvianti
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August 04, 2018, 01:29:28 PM
 #1429

If world bank support bitcoin it's good, maybe risk in use bitcoin will reduce and also more and more bitcoin users. But because price of bitcoin isn't stable and bitcoin form is digital not physical maybe world bank will confused how to do transaction and the profit sharing?. I don't know what can happen in future. But the most important we need to support bitcoin. Smiley
rutherford
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August 04, 2018, 02:01:14 PM
 #1430

I think that could happen in the future. Banks sooner or later will have to adapt with bitcoin (that if the government already legalized bitcoin into the country). It's a win win solution for bitcoin holder and the banks. But the chance for that to happen would be small. Since there are many sides against bitcoin.

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Haliburton
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August 04, 2018, 03:24:28 PM
 #1431

It’s only a matter of time before some banks will offer Bitcoins accounts. And I also think that they will let you deposit Bitcoins for security, and then hold your Bitcoins while you lend fiat from them.
Some countries are already ´working on their own national crypto currency, and that crypto’s will be fully integrated into the banking system.

It's true that countries from around the world are already devising their own cryptocurrency. But, I don't think that banks will ever offer Bitcoin deposits to its customers, because the cryptocurrency is more of a threat to the current banking system rather than anything else. It was designed to eliminate the middleman; thus, banks would not want to deal with a currency which gives control to all the people of the world.

Regulations for diverse governments across the world are slowly coming into effect, but it would be surprising if they'd legalize Bitcoin for usage in the banking sector. It's still the day that we're yet to see the world's first cryptocurrency bank if there's enough interest for this to become a reality. All in all, I guess that if banks don't offer Bitcoin for deposits, it'll be fine since it was designed for people to become their own bank. Smiley

rfj
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August 04, 2018, 04:10:19 PM
 #1432

Surely the government is devising a crypytocurrency system but I think bank allowing bitcoin will never happen because those two are different individuals, crypto is a big threat and it will ruin the global banking system.

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August 04, 2018, 04:16:38 PM
 #1433

well it depends on the country but If you're based in a country that still treats cryptos with suspicion, many choose to solider on and make use of both centralized and decentralized exchanges to purchase and trade cryptos while running the risk of retribution from their banking services provider
#dhabitamartha
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August 04, 2018, 04:20:32 PM
 #1434

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.

if all benefits us and we can work with banks to need each other and give goodness why we don't do as long as the bank provides the best service and does not harm us.
frey_oh
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August 04, 2018, 04:20:54 PM
 #1435

maybe the Bank will not accept bitcoin. Because banks want to make more profits. If the bank accepts bitcoin, the profit will decrease. and there are many differences between bitcoin and banks.
zubrr51
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August 04, 2018, 04:22:41 PM
 #1436

If SEC approves ETF for Bitcoin, then banks will be able to participate in its turnover and thus contribute to its growth.

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faithofb
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August 04, 2018, 04:29:44 PM
 #1437

Certainly they can, when bitcoin is globally accepted and embrace as the main international. will not have any option than to start offering bitcoin deposit.
Panpan66L
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August 04, 2018, 09:11:08 PM
 #1438

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 this is possible because banks are desperate need to have something like this in order to stay up on the top in the world. If cryptocurrency will take over the clients of Banks they certainly need to have something really significant to stay on top.
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August 04, 2018, 09:23:16 PM
 #1439

I cherish saving my fiat to the banks and they are profiting with it however in the event that its bitcoin. I don't figure I would benefit this administration however there's a plausibility that it will come and they will focus on those bitcoin financial specialists/holders that doesn't generally comprehend on what bitcoin is, being your own particular bank. They may draw in those sort financial specialists by saying that their bitcoins will be protected staring them in the face. We know on how the banks are getting along well in profiting.
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August 04, 2018, 10:30:58 PM
 #1440

I think it is not will happen because it's very risky but if bitcoin has been received all over the world and has a steady increase and decrease in prices then that banks will offer bitcoin deposits can happen
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