Will banks ever offer bitcoin deposits?

[llyfee4u]

While this may happen in the future, i'm not entirely sure it'll be a positive thing to happen.   Banks, decentralization and privacy just can't co exist in my view.  Inevitably though, i think banks will find a way to integrate bitcoin into their systems whereby customers can deposit bitcoin,unfortunately that would also signify the end of p2p transaction because banks would stipulate rules which would be in direct contradiction to the concept of bitcoin.

[1714512465]

1714512465

[1714512465]

1714512465

[1714512465]

1714512465

[1714512465]

1714512465

[MaxKnoblauch]

Banks cannot or may be will not provide bitcoin deposits. Because bitcoin is not accepted by state as legal currency. Vietnamese banks will not accept sending bitcoin.Not everyone in Vietnam uses bitcoin.

[Neraj Evad]

While this may happen in the future, i'm not entirely sure it'll be a positive thing to happen.   Banks, decentralization and privacy just can't co exist in my view.  Inevitably though, i think banks will find a way to integrate bitcoin into their systems whereby customers can deposit bitcoin,unfortunately that would also signify the end of p2p transaction because banks would stipulate rules which would be in direct contradiction to the concept of bitcoin.

This banks might offer bitcoin deposits in the future, even though bitcoin is a volatile currency but banks have to find a good programme in which bitcoin deposits will have less or no problem in making deposits transactions.

[Dark_raven007]

Those who hold banks know what to make. Perhaps they are already thinking about how to introduce it. But we do not know whether this is profitable for us.

[successful7]

Change is constant ...let's all believe they will have that sense because it will help a whole lot..its gonna fastened our way of transaction and possibly save us from the hands of thieves

[yvuj101]

I have read a news on this topic today. It's about some financial institutions working on crypto money investment in the US. I do not know the source of the news and the truth. But I think that in a very short period of time (within a few years), the banks will certainly be able to handle this. Otherwise it is not possible. There is an economic value in the middle. Bitcoin and some coins are already a big competitor to the banking sector. If the crypto money sector does not go to cooperate with the banks, we may not see the banking sector that we know today. Because many projects offer much more than banks promises, much simpler. All you need is internet and a PC.

I think this may not be a good results if banks offers bitcoin deposits how can we convinced investors that bitcoin gives a higher profits compared from any banks as banks certainly offers an autograhic limited interest to owner  only the banks roll your money so we cannot count of more success on it.

[bryant.coleman]

I don't think that the bankers are that stupid. Bitcoin poses a direct threat to the very existence of Bitcoins. Bankers will oppose Bitcoin and other crypto-currencies such as Ethereum for the foreseeable future.

[hh4mmm]

yes in country Nigeria we buy bitcoin through bank.. GTbank accept bitcoin so we can use our fiat currency to buy btc

[Cryptogid]

The banks accepting Bitcoin is just a matter of time ,the Nigerian senate has done a first reading on Crypto currency bill,and some banks like access bank and gtbank are selling and buying bitcoin presently in Nigeria..

[ghost424]

Cryptocurrency and Banks are two things that actually sounds good but has not yet have the opportunity to be joint together. Banks are not yet fully trusting Blockchain Technology or maybe they are not yet knowledgeable about it. Banks may not accept Bitcoin deposits because their money pool does not change while Bitcoins value is changing constantly.

[alfs75]

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.

There are some article,that i've read cryptocurrency and the banks have a treaty to collaborating each other by means of service to the people interms of investment,but in this speculation thats banks decide to offer us bitcoin deposit,i thinks theres a big possibility would happen if this digital currency become legalized to operate globally and being regulated to collaborating into the banks interms of economic investment.

[royalfamily1000]

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.

in our country i don't heard that theres a banks offer bitcoin deposits but if ever this will happen its a great help to many investors as this may keep safe our cryptocurrency from any hackers operated world wide.

[jakezyrus00]

Yeah I heard some of the banks in other countries are already accepting bitcoin deposits and they also investing it to other. But there are some countries also that they did not support and implementing bitcoin transactions in their banks.

[Ezenwanyi]

I heard some banks are making moves to that effect.
Don't know if its a rumour or not. Personally, I believe that day is not that far away as we may want to believe.

[fishball]

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 think no. Bitcoin is one of their competition and which is they are scared of. That is why in our country i have not heard any banks doing that.

[pallang]

Maybe it's hard in the part of banks to offer bitcoin deposit because they consider Bitcoin as a threat in their business and so they may have a hard time to implement these especially when their country don't accept bitcoin.

[Christian_k]

If it would be considered of the banks in future I bet that it would undergo procedures and processes before it would be implemented. But if it is considered by the banks then it would be a great help to bitcoin itself to become more well-known cryptocurrencies exists.

[muddy waters]

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.

I can't think of a technical solution to make a bank deposit in bitcoins.
How would it look like? A hard wallet with all the keys being known to bank? Or a direct transaction from the client to the bank's wallet?
And the main question: how could the volatility of BTC price be dealt with? You can make a deposit, and the next day it goes in value to 30$?
No, that's too risky..

[bellator66]

I think it will never happen. Banks are unlikely to accept deposits in bitcoin form. Because bitcoin is still not officially accepted in this country. Banks certainly do not want to take risks by accepting a bitcoin that is not yet clear status.

[altcoinhunter01]

It is not possible now but it can happen in future after regulations by the countries as many countries working on it and try to regulate it by laws. If it comes under law then it can be possible in future.