Will banks ever offer bitcoin deposits?

[tuturutmunding]

indeed if it can happen it will be very profitable for bitcoin investors. but I think that is impossible because all this time I know that banks are very opposite to bitcoin and hate cryptocurrency because banks feel that their function will be reduced by bitcoin.

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[wpc143]

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.

Maybe in other times that bank will accept cryptocurrency since people are starting to be influence to used cryptocurrency, and the popularization of bitcoin can help banks to gain more clients

Perhaps, it could also be a good opportunity for the banks to gained more investors that will possibly invest a good amounts of savings. And at the same time, it will make bitcoins and all altcoins be a location of choice in regards to investments and probably more likely for all people to engaged with cryptocurrencies.

[CAPTEZECC]

Banks do not own their own currency, they only help people that wants to save or transact business with their currency, secondly Banks are profit making ventures, they engage in any services that will maximize their profit legally so if bitcoin is accepted by the people the bank does not have any option than to accept bitcoin deposit and transactions

[kingboo]

I think everything that deals with money and profit and investment requires risk. the world is changing and its moving towards a digital world. banks have been around for centuries but they survived because they adapt to changes.

well, actually there’s no safe place for monet transactions online there’s always that risk, and its up to you whether you gonna risk your money or not. Our technology nowadays is getting more and more complicated there’s a lot hackers and scammers we need to be careful when dealing with money online.

[kit_finance]

If Bitcoin is officially accepted as a means of payment, then naturally the banks will work with It as with the usual currency.

[Bitfling]

I think banks and governments hate and prohibit the circulation of Bitcoins in their countries, and they are thinking of ways to undermine the value of Bitcoin, but they can not do it. I think in the present or in the future, central banks of countries will still be unable to release Bitcoin.

I think big banks like goldman sachs or jp morgan start to adapting on bitcoin. Banks is big institution and i am believe they will take benefits from cryptocurrency. Crypto transaction getting bigger and getting more popular and I am believe banks will adapting on this market

[KARGEL]

This depends on how banks can see bitcoins as way of their investment, on how they can profit with this. But I think, bitcoins have the possibilities for this. If they can see stability and no security issues, if ever minimal. Banks may offer bitcoin deposits.

[biskitop]

if within a year, bitcoin experienced a significant growth from the initial deposit, then the bank will make a big profit. but if the opposite happens, the bank will suffer a large loss, while the bank will still have a liability to pay the% fee to the deposit. that is why bitcoin is difficult if it has to be linked to the bank.

[rommelo24]

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 we will use banks to deposit our bitcoins i think we are defeating the purpose of eliminating a middle man in our transactions. You may even have to pay taxes in this form. I don't like depositing ny coins in the banks.

[naufals4]

i think deposit bitcoin can be made if your country accepting bitcoin cause some country highly ban bitcoin and other cryptocurrency. so if your country receives bitcoin maybe in the future there will be a bank that will receive a bitcoin deposit.

[Satim77]

in my opinion there isn't, because?

bitcoin experienced significant growth from the initial deposit, the bank will get a big profit.but if the opposite happens, the bank will suffer heavy losses.

[BertoloyBTC]

From time to time if the cryptocurrency will be know all over the world and be accepted and legit, then the bank as financial business will have to offer their clients another type of deposits which is the bitcoin deposits to upgrade of what is hot business today which is cryptocurrency.

[dilemamis]

because BTC continues to emerge I think that banks will soon offer bitcoin deposits, cryptourrency, especially Bitcoin continues to become more known and used for years, and it is not impossible this happened.

[musharaf]

Due to not physically existence bitcoin is not legally using here and if the bitcoin is listed in one of the stock exchange in the world then banks will happily invest in these currencies and now the crypto market is more expanded then before i hope that the bitcoin will be accepted in the world banks and the business will be more enhanced with crypto. IF i say that bitcoin is the life blood now then banks will soon offer it for deposits because customer will need it.

[MochaDeny]

relying on regulations from the government that accepts crypto in the country, because bitcoin is still considered to be able to damage the selling value of the country's currency, and also there are some countries that still cannot adapt to crypto/bitcoin and also bitcoin cannot be traced, it might also be the reason why banks cannot accept bitcoin deposits

[doodle07]

It is not impossible if banks will offer bitcoin deposits in the future but I am sure that they will add some expenses or transaction payments, maybe that's their way on how to deal with cryptocurrencies especially bitcoin.

[code]

I think that ever banks will be able to offer cryptocurrencies, but it is unlikely to be bitcoin, and will be their own cryptocurrency. Perhaps bitcoin will be in a limited form and will require many confirmations of identification

[Tubig]

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.

In the nearest future I think they will adjust and adapt into it. Banks depends on the government so if the government allows crypto to run in the world of banking then I think Banks  will start to facilitate it. And that would be great I think.

[reality18]

Well, this is one of the greatest anticipation of most Bitcoin users. For banks to accept Bitcoin deposit, it means Bitcoin must undergo regulations. The banks will then control the transactions of Bitcoin that gets deposited. Remember, these two bodies work on different grounds, the banks are centralized whereas Bitcoin is decentralized.

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