Will banks ever offer bitcoin deposits?

[Dark_raven007]

Of course they will. It's a lot of money, they will not stay away. But I did not trust them and I will not trust them. I never took loans and did not hold deposits. Continuous scam. I saw how others in them lost still had to remain.

[1714552986]

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[1714552986]

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[hakertajniak]

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.

cryptocurrency is the most volatile thing that i ever see.
i dont think banks will accept deposit of bitcoin because its value can change anytime at huge difference.

[Kim Ji Won]

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.

Isn't it one of the main purposes of bitcoin is decentralization? So our transaction will be free from being tracked by these third-party entities and provide privacy in our every transaction. If bitcoin users will use banks if ever they will offer bitcoin deposits, doesn't it disregards its purpose by becoming centralized?

[aardvark15]

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.

The current banking system most likely sees cryptocurrencies as their competition for several reasons which is why we have seen some negative comments from Jamie Dimon and other bank executives.

However, at some point, I think banks will have to adapt to cryptocurrencies and incorporate that into their regular banking activities if they want to survive.

I see this happening from the reverse direction with Coinbase. At first Coinbase only let you use you bank account to purchase Bitcoins. Now they are letting customers hold US dollars in their Coinbase accounts.

[JoshyKulotski]

If ever Bitcoin will be Alternative Currency in the near future everybody specially businesses must adopt it wisely. Particularly Banks, as a banker or a business person you must be on trend and capable to keep pace on the trends. Banks may be have plans on how they can survive if people will choose to invest on bitcoin than their own bank.
As of my solution for them the banks must do application or developing works and make digital wallets for them to gain even people investing on Bitcoins.

[mammon]

I think (some) banks will accept crypto deposits in the future.

I know the dutch bank Rabobank is investigating a new prodcut called Rabobit.
If this goes live, you can deposit BTC\crypto by the Rabobank.
Not sure if that is something to like...

https://themerkle.com/what-is-rabobit/

[Saiful Islam777]

I think there will be a willingness to deposits a bank crypto currency. Because the two centers center two. However, the crypto currency has the same effect. Bitcoin is a few options where it is possible to store your own currencies.

[jerowacik]

Some financial organization already did it. The Tokyo-based digital currency exchange start offering bitcoin fixed-term deposit accounts to its users.

[badakjawa]

I think, for today nobody wants to accept the risk of bitcoin, I analyze that FOMO higher than panicked sellers, so it requires a long process, even the majority of banks also refuse bitcoin, so how will banks offer to deposit?

[reliable]

Of course they will. It's a lot of money, they will not stay away. But I did not trust them and I will not trust them. I never took loans and did not hold deposits. Continuous scam. I saw how others in them lost still had to remain.

Only few countries would allow if they decide to do it else I think rest of countries would not allow it as they still have not even decided yet whether they have to allow or ban the crypto currency thus making it more difficult for banks that can accept it.

[Snaic]

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.

Banks can provide services for converting crypto currency, while having their interest from each such operation. However, banks are unlikely to accept crypto currency, for example, bitcoin for deposit storage. Banks will not risk, because it is very difficult to predict the bitcoin rate. They constantly warn citizens that investing in bitcoin is a very risky investment, so they will not take bitcoins in a deposit to pay interest on them, knowing about the high volatility of bitcoins.

[laredo7mm]

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.

Banks can provide services for converting crypto currency, while having their interest from each such operation. However, banks are unlikely to accept crypto currency, for example, bitcoin for deposit storage. Banks will not risk, because it is very difficult to predict the bitcoin rate. They constantly warn citizens that investing in bitcoin is a very risky investment, so they will not take bitcoins in a deposit to pay interest on them, knowing about the high volatility of bitcoins.

It's clear that banks or any company will never offer deposits with positive interest rate IN FIAT. For example you lend 1 bitcoin to bank at price $9300 and they will return $9800 after one year no matter what is the price of bitcoin after one year. This is simply too risky for them. But the real question is, are there any companies that offer deposits without conversion - so you lend them 1 bitcoin and receive 1.05 bitcoins after one year. Here the risk is not on their side but on your side. Maybe bitcoin will be worth only half the value after one year, but you will still get only 1.05 bitcoins. Where does the bank get those 0.05 BTC? They get it from people who take credit in bitcoins and return more bitcoins to the bank than they borrowed.

[samantadegrenet]

I think banks will do it in the future. If cryptocurrencies continue to spread banks will not be able to ignore this phenomenon and will agree to accept it for their own economic interest.

[EinaiOraCoinDev]

they no choice if they avoid crypto they will be left behind if very person use  digital wallet so I think they making a move to find ways to collided with BTc and the fact that banks and  government can't stop the popularity of crypto.

[chaoscoinz]

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 could be wrong, but it really doesn't seem likely. I would think the banks would offer their own version of a cryptocurrency first before they use Bitcoin, but who knows? I think exchanges like Coinbase make it simple enough to trade fiat and crypto.

[rickn]

Once banks finally realize that instead of fighting against crypto, they can join this innovative market and make big bucks, surrender to crypto trading, and allow their clients to carry out virtual currency transactions.
This will be a superb cryptos victory

[bayu7adi]

it seems like it is not going to happen, because it does not want to take big risks
except for Ripple, for some reason, Ripple seems to have the support of all conventional banks in the world
but this is just a rumor, there is no certainty

[adzino]

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.

Do you even know why bitcoin is being preferred more than fiat currencies? Bitcoin is decentralized and fiat currencies are centralized. Once you put your bitcoins on bank, it no longer possess the decentralized characteristics. It becomes more like a centralized currency where you will lose full control of your coins. If you want to get fixed amount of profit per year from bank just stick with traditional currencies. Bitcoin and banks will never go together.

[Dread Pirate Roberts]

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 not think it will be possible because a bank has a financial manager whose bank finances and state assets are safe and show profits. he will not allow any loss in any amount. -1% is the beginning of danger to them. if they let their financial crypto get messy. and also trading stock market and crypto are very different. they already know that.

[OSEIBOATENG]

I think due to bitcoins's decentralized nature they will never buy into the idea. This especially goes to the government banks.