Will banks ever offer bitcoin deposits?

[drm]

Presently the banks are actually afraid of Bitcoin because they think that it's existence is affecting their business. In times coming when they will have no other option but to embrace it and make it there means of earning..

Actually Switzerland (if I recall correctly) now has a bank that accepts btc deposits.

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[Pemburu dollar]

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.

I think the bank will not offer you very good conditions. They will get money for themselves first. If we talk rather theoretically. I think it's possible sometimes, maybe after all bitcoin will be mined, and prices can be more predictable.

[lamthanh3462342]

I think, if the bank accepts us to send a bitcoin then this is pretty good, everyone has no worries about securing the key to keep the bitcoin current. This bank will take care of us. But for the bank to keep the bitcoin is high security and it is hoped that blockchain will solve the problem. But I do not like it much, I still want to keep the bitcoin myself and send fiat to the bank, they can still make a profit from this.
The main thing is that investors want to put bitcoin to the bank does not. That's the important thing.

[Nasonn]

I don't think Banks will ever agree to accept Bitcoin deposits because banks naturally are after maximum profit which Bitcoin may or may not provide. Someone can deposit 1 bitcoin today and by tomorrow it will be worth times 2 of what it was tomorrow then the person approaches the bank for withdrawal, don't you see the bank will be at loss?

[trauchot]

Everything is possible, but this will take many years, because we see bitcoins for 10 years already, but there are no relations with banks at this time, it is only to hope that the governments of all countries will legalize the cryptocurrency and then the banks will start cooperating.

[Magiklair]

I doubt that this will ever happen but to my mind, this is possible in theory. I think that btc deposits will help you to become successful and earn good profit in the nearest future. To my mind, this is a great idea

[stayeduptolate]

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.

Look we all know that bitcoin is a decentralised crypto currency and there is no such authentic regulating body over the bitcoin and this lacks the control over all the bitcoin activities and thus leading to increasing illegal use of bitcoin like selling drugs, explosives and money laundering and many more and therefore the current emphasis is in how the entire world accepts bitcoin and the countries who are in against of bitcoin should legalised it in their nation, acceptance of bank is secondary.

[Lesterus]

Well some banks are afraid on crypto existence and I doubt if they do bitcoin deposits on the future but bitcoin popularity and demand is continuously rising and lots of crypto enthusiasts keep saying that it could replace bitcoins investment the bank savings method but we didn't know from now maybe they will have good implentation about this someday.

[jatin729]

According to my point of view banks will never offer bitcoin deposit because bitcoin decentralized in nature. And one thing more Banks find crypto as a major competitor. Let us suppose if banks start depositing and how banks earn income because banks earn income from interest paid by loan holders.

[cizatext]

It will take time before banks will offer us bitcoin fixed deposits service due to the high volatility of bitcoin, because the bank don't have control of the market since it is decentralised and can not be predicted this may lead to losses if the price fall before the period of the fixed deposits. Banks can only offer such service if only they created and own their own crypto coin such as token which will run on a centralized platform.

[kpitop]

I think this will come. It might not come now, but in the future it will. Bitcoin has a part of the lives of many people.Indeed, bitcoin is different from fiat money, hence, it needs other mechanisms.

[Addywealth]

Sooner or latter banks will adopt bitcoin as a deposit. Considering the widespread of cryptocurrencies and flexibility it has brought to our society I can tell that it will soon become a legal tender anywhere in the world. Some banks now have their own coins but can only be used to subscribe for utilities so with time it move to becoming me a means of exchange

[Priestly131]

For now this is not going to happen as the two seems to be in opposition but I strongly believe a time will come where there will be an integration and banks will begin to offer bitcoin deposits.

[#CR7]

It could be doable for little banks to agreement bitcoin but not in deposits but it could lawsuit quarrel to fiat money. This banks are as well as discharge duty some modernize upon how to profit along taking into account the appendage trends of nowadays technology. So if bitcoin for them will be a sociable one to comply to rotate when furthermore creating a means for the crypto or bitcoin lovers for them to benefit then is an advantage.

[Keeping Up]

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 do believe that in the future banks will offer this kind of thing.
They will be accepting cryptocurrency deposits.
.
But as a holder i dont think it will be beneficial for us to rely on banks for the safekeeping of our cryptocurrency assets.
First of all we will be doing against the aim of crypto which is to create a decentralized form of currency.
And by giving banks the ability to do this then its as if we are just getting back to what has happened with our fiat.

[Rainbow009]

Banks (and the conventional financial sector) no doubt have recognized the potential in the blockchain technology and cryptocurrencies.
But they can't adopt the system, without finding a way to control it.
A purely decentralized protocol isn't that attractive to banks.
Bitcoin would have to undergo regulations, before it can go mainstream

[shadyrifles]

According to a report issued by the Financial Time https://www.ft.com/content/ca0b3892-a201-11e7-9e4f-7f5e6a7c98a2
A few major Japanese banks are already started working to create their own cryptocurrency called J-Coin. Mizuho Financial Group and Japan Post Bank are getting support from the Japanese central bank and financial regulators to launch their project. There is always a possibility to banks offer bitcoin and cryptocurrency deposits.

[bentong talong]

For now this is not going to happen as the two seems to be in opposition but I strongly believe a time will come where there will be an integration and banks will begin to offer bitcoin deposits.

Yes not now, but someday, bitcoin can be part of banking. In the future, I have a feeling that it will be allowed to deposit in bank, government officials will agree on this concept.

[lubah]

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 we will see this in 2019. When banks realize that people are ready to climb into loans to get bitcoin. They will offer such services. Even if people will go into the negative, if the price is inflated taking into account %

[Bitcoinislife09]

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 believe it won't be possible. Bitcoin is extremely opposite of a centralized type of system like banks. Having said that it is riskier, since banks are sensitive when it comes to investments, I guess they will not engage with bitcoin. Personally, I really notice that they are very strict  in every transactions. Even though they will earn lots of profit from using bitcoin, the effect if once they encounter problems may be very huge for them that will result to some financial problems.