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Will banks ever offer bitcoin deposits?
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Topic: Will banks ever offer bitcoin deposits? (Read 6337 times)
nyn8920
Newbie
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Activity: 238
Merit: 0
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 06:33:36 AM
#1781
I would argue depositing funds in a bank is even riskier. Why have everyone's private key stored centrally? Also Freebitco.ins 4% interest rate offer is very interesting, but seems a little Ponzi-ish to me. I really don't know too much about their site.
yakust
Newbie
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Activity: 23
Merit: 0
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 06:35:31 AM
#1782
I yhink this is quite possible with KYC/AML.
SilverCup08
Newbie
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Activity: 98
Merit: 0
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 06:40:25 AM
#1783
Why not? There are already banks that accept bitcoin deposits (USAA, Simple Bank, Goldman Sachs, etc.). But I wonder, does this mean these banks are now regulating it? In that case, I'd rather not deposit any of my bitcoin in the bank. I'd rather keep it without any regulating body. That's just my personal take on it.
Angela28
Newbie
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Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 07:28:34 AM
#1784
Let's imagine that if the bank accepts the bitcoin deal as well as the bank accepts to keep the bitcoin and calculate the profit for those who keep the bitcoin, then it's a good thing for us.
Caubethamaner
Newbie
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Activity: 67
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Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 07:53:00 AM
#1785
We all know that Bitcoin and other forms of crypto currencies are decentralized and no one controls this and the price or value of crypto currencies can easily go sky high or fall into a cliff. This is one of the major reason why Banks won't accept Bitcoin or crypto currencies. Technology always have advantages and also disadvantages and that's part of innovation, even Bitcoin have this kind of disadvantage it still over takes it and more people are getting curious about this monetary innovation every year.
molla_corda
Jr. Member
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Activity: 107
Merit: 1
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 10:28:43 AM
#1786
As far as I know such banks already exist and this is definitely the right move. Banks, like cryptowall, are vital to the full integration. This will create a powerful market combining the features of economic and technological spheres. If this happens, it will be very difficult to replace such an institution for the next hundred years.
■ KuBitX ■
█ Cryptocurrency Exchange & Trading Platform █
focused on: knowledge | security | accessibility | excellence | ethics
Delinquency
Sr. Member
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Activity: 560
Merit: 250
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 11:51:32 AM
#1787
Bitcoin is a main currency of digital universe. But In any case, I think it is impossible to offer bitcoins by banks. A bank needs to store before saving anything. Bitcoin has no position. Which can not be seen, isn't in actuality, Just isn't accessible on the web. Thusly, the bank won't store on any concealed protest.
Digixhub
Newbie
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Activity: 19
Merit: 1
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 11:59:44 AM
#1788
According to us banks will never offer bitcoin deposits. Private key is meant to be the secret key of an individual so why would a person share his private key to the bank which is a centralized network. Banks which are meant for crypto investments are already offering bitcoin deposits but all the banking institutions will not offer this.
https://www.digixhub.com/
cryptocurrencyguru
Member
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Activity: 280
Merit: 11
Re: Will banks ever offer bitcoin deposits?
September 11, 2018, 12:06:05 PM
#1789
Banks in Germany are offering bitcoin bonds and loans and remittance we can see so much development in bitcoin space in banking industry mostly in Germany and Japan
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