Will banks ever offer bitcoin deposits?

[minhtamhl]

I'm sure maybe someday the bank will realize the huge potential and benefits offered by Bitcoin and Cryptocurrency, it's only a matter of time before the majority of them can join the trend, so hopefully so.

[1715217382]

1715217382

[iMark]

I think they will, soon or late but they will. The cryptos are now moving a lot of $, and this is a great reason for banks to come in.
Where are $ now? Into exchanges.. Where will they be into the future? Probably into the bank's pockets.

Yeah you right, sooner or later the bank will definitely do that, they see that the demand for bitcoin is getting higher
and if they don't work together maybe the existence of the bank will be eroded so they will cooperate with bitcoin

[eut078]

I think it is conceivable later on. Be that as it may, as of now the bank isn't expect Bitcoin. Since all the world's banks can't clarify their sentiment on digital currency. Regardless of whether the digital money is unlawful or not. There are just a couple of banks which have received the cryptographic money. In any case, there are as yet numerous banks who have thought about this money as unlawful cash.

[rasmadisulaiman]

Yes, it could be, if more and more people hold bitcoin and bitcoin are more popular, banks will see and want to jointly invest and save their money into banks, so banks can take advantage by increasing the number of people who saved them money at the Bank. Of course this will make it easier for bitcoin to trade and bitcoin customers will be more and more because of the ease they offer.

[Saint1990]

Bitcoin is created to make things easier for common peoples to make transaction between them without involvement of third parties. Depositing Bitcoin in bank is like killing power of decentralisation and bank is centralised organisation which follows protocol given by government. In my opinion this will not happen as we can store Bitcoin by ourself securely in wallet.

[Phan Trang]

a great achievement if the bank is willing to accept deposits in the form of bitcoin. But if you look at the fluctuation price of bitcoin, I can not be sure who is more fortunate. I am sure that they would want to be part of its success at the same time, be able to make profits and business out of this hype on Bitcoin and crypto currencies.

[remuy24]

I think it's impossible for banks to offer bitcoin deposits! Although we know that bitcoin is risky, is it possible for banks to receive risk deposits, but if that happens, we imagine the results might be a new breakthrough in the banking world.

[PhilipCornel01]

I guess not and also bitcoin doesn't need banks also and bitcoin is not a stable currency on the other hand risk is always there with crypto so, I think banks never going to deal with crypto.

[Vickyrichy]

There are possibilities that banks will be accepting bitcoin deposits. Looking at how technology advancement is taking place in this new era, it is highly possible that banks will develop a system to convince people to save their bitcoin within their system for  extra security.

[Ace Amias]

As we are seeing the increasing demand of bitcoin so of course bitcoin will be accepted by the bank and many banks are accepted the bitcoin. This is because of the people attitude towards bitcoin everyone is running towards bitcoin because it is providing a bright future and everyone want to earn money setting in home and bitcoin provide this opportunity so all the banks will accept the bitcoin.

[Nabilo]

I don't think bank will gonna accept cryptocurrency and i think bitcoin doesn't need bank acceptance also because bitcoin can rise by its own.

[Aish Aisa Khan]

In this market condition it is not possible. I think It will be possible in next few years later. But I am also Think that They will earn money for themselves by mining or other way, after that They will offer you to Deposits Bitcoin. But that will be very risky work and I will keep my bitcoin in my wallet. I won't deal with any bank to deposits my bitcoin.

[Haliburton]

The beauty of bitcoin is that we do not rely on banks to lose our money. We are our own banks. Would you really trust banks with your bitcoin all be it the same can be said for fiat.

Correct! That's exactly the point of using Bitcoin in the first place. There's no need to trust Banks because you're your own Bank when you make use of Bitcoin. Allowing Banks to take control of your Bitcoin may not be the most ideal solution, since you're adding a middleman or a custodian to manage your funds (whereas Bitcoin was designed to counteract against this).

Whenever Banks decide to offer Bitcoin for deposits or not, we're yet to see since there are many Banks which see the original cryptocurrency as a threat. In addition, Bitcoin is volatile and super risky for Banks to adopt it as a serious investment. The probability of a Bank offering Bitcoin for deposits becomes lower each day, because of Bitcoin's unstable price and unregulated environment.

Therefore, Banks would look for other cryptocurrencies which are stable in value such as Tether or even bitUSD, but not Bitcoin or other cryptocurrencies where their values are driven by speculation.

[crypteeenet]

I dont think this will ever be possible

[djcounter]

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 bitcoin reach high price like 50000$ and market value equals or more than gold market, banks will offer us to deposit bitcoin.

[load1ng]

If one day the usage and number of bitcoin transactions continue to increase and is used by the majority of everyone then it is very possible and reasonable if someday banks offer bitcoin deposits.

[medussa]

Banks will never offer bitcoin or cryptocurrencies deposits, the best they can do is to offer banking services to crypto-related businesses such as exchanges

[buharikx31]

That potentially could be possible, if they would create a static price correlation when you would make your deposit to US dollar for example that can be count as a dollar investment without withdrawing your money and putting them in a deposit account, that can be usefull but banks would get % of your deposit which not very good as withdrawing and using the cash on my opinion .

[pedropenduko001]

I don't think so and i don't like that idea too but i believe there's ATMs for bitcoin i read it somewhere

[ProstoCrypta]

Not soon. But they will. Now there is a struggle of banks with the crypt, won, what sanctions VISA has done... And progress is inevitable!