Will banks ever offer bitcoin deposits?

[miramax-10]

If bankers decide that it will be profitable for them and their profits from this will grow, they will certainly provide similar services. Bankers are excited only by the big income and an opportunity to increase it.

[1715198195]

1715198195

[infonik]

I don't think ordinary banks will be willing to offer such a deposit method, because this may make the bank a target for hackers. I don't think banks are willing to take such risks!

[Ausgewielt]

I don't think ordinary banks will be willing to offer such a deposit method, because this may make the bank a target for hackers. I don't think banks are willing to take such risks!

Hackers is not the main problem, the main problem is the bank's income will decrease. Bank get income because people use fiat money that created by bank itself, there is a system that makes bank can get advantage from the use of fiat money by citizens. If people use bitcoin then that system will no longer work for them anymore.  So bank will not offer bitcoin deposits.

[MalcolmBee]

Banks are already creating symbiotic relationships with digital asset exchanges and blockchain networks that utilize cryptocurrencies. Leading cryptocurrency exchange Bittrex announced today that it’s launching fiat trading for Bitcoin, Tether and TrueUSD for corporate clients in California, New York, Washington and Montana.

[Derizo]

I think they will have to do it. They won't do it willingly but out of force. Bitcoin is the future of financial transactions. They can try their hardest to surpress it but the power of Bitcoin is unlimited. You can't fight it and if you can't beat it, join it.

[Fineyokoma]

I think this option can be in the future. Banks should understand the profit and benefits from the cryptocurrencies and their growing popularity. They can't avoid the new wave

[AvadaJigurda]

This situation may well happen in a few years that the official banks will start accepting bitcoins, but it needs the bitcoin exchange rate to stabilize.

[rasp]

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.

Okay, imagine you've made such a deposit on a bank's wallet or something like that. You gave them, say, 1 btc worth $10,000 at that very moment of time. In a couple of months the market faces bull run and your 1 btc is now worth $50,000.
So my question is as follows: wouldn't it be better to keep your bitcoins as your personal investment in your wallet and do whatever you want with them?

[kemmycrypto]

the is coming when bank officials will offer Bitcoin deposit with begging because they know it attracts huge profits. we shall get their soon or soon next.

[Cryptomania843]

The reason for crypto is that we no longer want a bank as an intermediary. We no longer want the banks to pull the strings and decide for us what to do with our money. The goal of cryptos is that we are autonomous and that there is no third person. In this way, there is less expensive and everyone does what he wants when he wants.

[mooccowmoo]

I think maybe, one day BTC will become stable and predictive so banks can use such opportunities. I'm not sure how fast it can happen.

[jfelix]

Banks offering bitcoin deposits is not a necessary product

[Haliburton]

For me a time will come when bank will have no other option than to accept bitcoin deposit in their bank.  There is a saying that state "if you can't bit them you join them.  So since they are not able to break it they will accept it as deposit.  Now it is already accepted in some 🏧 so it will soon move inside the bank

Maybe or maybe not. No one can predict what will happen with Bitcoin in the future. It could either succeed as a mainstream cryptocurrency for frictionless payments, or it could fail. If it succeeds, then everyone would become interested in owning a piece of the pie. It has been shown that Banks and Governments are interested in Bitcoin's revolutionary technology. Since Bitcoin is considered by many as the successor of Gold, then there could exist a possibility of Banks offering Bitcoin deposits to its customers.

But, there is the concern that if Bitcoin becomes too big to fail, Banks will envy its existence and will try to do anything at their disposal to destroy it. They will see Bitcoin as a real threat to their existence, as it provides borderless payments to everyone around the world without the need to worry about middleman.

All in all, if Bitcoin becomes accepted at Banks worldwide, it'll be huge, as the original cryptocurrency becomes one step closer to mainstream adoption.

[Hiimgosu]

This question is depends on what will actually happen in the future. I guess that it might be it. The banks might do it but I think it might not. That's the difference. It is whether the bank's choice to do it or not. It is up to them.

[Irwandho]

This is unnecessary, as this has blocked the blockchain. It will not be profitable but safer. I do not believe in a bank, because my government has issued a decree authorizing bankruptcy, and compensated the depositor for $ 3,000. Even if they send $ 1 billion

I think they might attract investors of this type by saying that their bitcoin will be safe in their hands. We know how banks do well in making money.
I like to deposit my fiat to the bank and they make money with it but if it's bitcoin. I don't think I will take advantage of this service but there is a possibility that it will come and they will target bitcoin investors / holders who don't really understand what bitcoin is, being your own bank.

[mjaranzasu]

This question is depends on what will actually happen in the future. I guess that it might be it. The banks might do it but I think it might not. That's the difference. It is whether the bank's choice to do it or not. It is up to them.

Yeah this will all be base how the banks will accept bitcoin deposits and how they can be able to avoid great loss because of the very unstable price of bitcoin.

[m_f_o_c]

Most likely it will be a common practice in a few years. Just the growth of Bitcoin will not be so rapid. Even now there are already banks that accept deposits in Bitcoin. These banks are located in Switzerland.

[haydrop]

this is likely to happen with the influx of financial sector projects on the blockhain.

[profitmax]

Banks in any case will not switch to Bitcoin. One of the advantages of currency is "incognito". So the Bank immediately you can remove. Banks are regulated by the state and without the identification of a person, he simply will not open an account. And no account - no currency.

[Blueshark696]

I think bank  will not accept bitcoin to deposit. There are several disadvantages of bitcoin. The rate of bitcoin change frequently which will create problem.