Will banks ever offer bitcoin deposits?

[linsayjinny]

wow,  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.

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[Giftedcrypt]

Its just a matter of time ,the banks will embrace block chain,and create a possible how to deposite Bitcoin and other currency's..

[bitbunnny]

I beleive that in no so distant future banks will offer all kinds of services related to Bitcoin not only deposits.
Maybe now it looks like banks are against Bitcoin and cryptocurrencies but in fact I don't think this is the real situation, they are just waiting for the right moment to get officialy involved with Bitcoin and to offer Bitcoin services to their clients. And also they need regulation but once these conditions will be fulfilled banks will totaly change their attitude towards Bitcoin.

[deepakg2m]

Right now BITCOIN is a type of threat for banks because of the reason that everyone knows cryptocurrency and specially BITCOIN has more benefits than paper money. So if banks are given the opportunity to control cryptocuurency their way , banks will surely accept the offer.

[zaindevice]

Banks will eventually do the same what Telecommunication companies are doing right now by providing internet services as there is no longer use of call and sms packages because of whatsapp and facebook. same will be the case with banks. if they are not gonna offer bitcoin deposits, they will ultimately do something to provide services related to bitcoins.

[matchi2011]

Banks can't ignore cryptos for longer now, they need to adapt, accept major coins or create their own. In both scenarios, they must begin trading in cryptos too. If they choose to launch their own token, they need to give the chance to change existing cryptos into their, at least.

Why bank need to accept crypto? They just need to adapt crypto's technology not crypto itself. Back to bitcoin feature (decentralized) , it'll be disadvantage to bank because they can't control your balance so that's mean income from tax will be decreased.

They need to adopt the system in order to be able to compete, else, if bitcoin truly being adopted in most countries and businesses then banks can be eliminate as we seen how people embrace the chain after knowing the advantage, banks always gain with our own money, using it for their lending business and give us little profits while bitcoin can be a good assets that will bring bigger gains.

[dutchkay]

For banks to start accepting bitcoin as deposits, i don't see that happening anytime soon. One thing i know is that banks rarely give credit it's customers. They always look for avenue to collect the little you have with their many charges. SO allowing bitcoin will just be to you to enrich yourself. Even if they will accept bitcoin services they must find away to make it work on their favors, maybe by taking certain percentages of you. am just saying, but they can't go where there is no profit for them.

[Nachoo]

There's a chance. I thing, although, that every bank will create its own coin and make more profit on it, it's the only way I can imagine, alongside with huge taxes for withdrawing bitcoin in their "pure" form

[cryptovegwha]

I believe that yes one day most if not all banks will offer this service and this is because I believe one of them will offer the service. At first it may look gimmicky or as a novelty but after a while banks will realize we acquire more customers this way, why not do it? As long as it is profitable for them to do (with fractional reserve lending it always is) they will do it.

[saffira]

Yes it is possible and if that happens, I will just deposit if they will act like other cryptowallets where the price is not fix and will change depending on the market. I think it is not easy for banks to do it.

[Gummybear67]

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.

Well we can't say as of now, but its a positive news if banks offer bitcoin deposits cause it will be very convenient for all bitcoin users. But I think this will happen but not too soon since bitcoin still managing the regulations.

[Anarchist]

They will never have this possibility. Instead, they will adapt their activities using the blockchain technology because it has more benefits to them.
But after a decade they may create their subdivision to create a fintech company to offer payments service or prepaid card or something around

[adjong]

for me bitcoin and the bank are each other's competitors. It is possible, but it does not seem like the near future. If this happens, bitcoin will bring huge changes in the economy.I have experience something like converting my fiat to another currency or depositing another currency to my bank account. They could simply denied your request and telling that they are currently no facilities to manage those.

[cold beer]

I think this is possible in the near future (2-5 years) when bitcoin will be recognized officially as digital asset by governments and financial institutions.

[apilpirman.bisnis]

Bitcoin will be more negative effect for bank by deposit their money with bank to invest on bitcoin, many investor deposit their money by bank to buy and invest on bitcoin will be less money save on bank book, many member of bank more prefer to save their money by invest on bitcoin than we have save on bank. Because saving money on bank the same amount first we save until a few years, but will be more increase we keep and invest money by bitcoin investment because bitcoin price will grow up day by day and more highest when we keep until one years more.

[Eric Medeiross]

The big brand in the main bank of the world, as JPMorgan Chase, Bank of the American, City, Lloyds, has informed their customers to by bitcoin, and other cryptocurrencies by credit card.

[Scott Freemann]

In addition to enforcing the law for Bitcoin, global central banks can start to get a large amount of Bitcoin, Ether, and other cryptocurrencies as the cryptocurrency market has  growth over the past few years.

[datnguyen0912]

I do not think this time. Future banks will certainly develop bitcoin deposits

[ajuelnah akun]

For now nothing, although one day there will be banks that accept bitcoin as a means of payment. I think it's not an improvement. People can safely store their bitcoins in the wallet, storing the bitcoin that dibank will only make the bitcoin accept centralized rules from the bank and this is in stark contrast to the perr-to-perr bitcoin system.

[pixelvault]

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 believe Switzerland banks are in the process of accepting bitcoin storage. One can only hope at this stage. But that would come to a debit card to spend crypto aswell im guessing.
Check out some posts about it on Google

Peace