Will banks ever offer bitcoin deposits?

[Huntler1993]

Why not…if you cannot beat them all you have to do is to join the bitcoin fraternity? For now it’s very difficult to predict the price but once it becomes more predictable trust me they will be compelled to join in. Also the banks are there for customers, so even if large proportions of customers are bitcoin holders too could propel the change although change is something hard to adapt.

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[Bunker]

Real bank is a centralized system and bitcoin is a decentralized form of monetary transaction.

[suvo05]

Don't know about the future but at the current situation any bank is not interested for the Bitcoin deposit. They had not predicted that the cyptocurrency would bring such a massive change. So they are quite confuse now and waiting for a time to spare. The fundamental question for them is 'is it a bubble or the movement is real?' . After getting the perfect answer to that question they will decide further.

[Dayan1]

Don't know about the future but at the current situation any bank is not interested for the Bitcoin deposit. They had not predicted that the cyptocurrency would bring such a massive change. So they are quite confuse now and waiting for a time to spare. The fundamental question for them is 'is it a bubble or the movement is real?' . After getting the perfect answer to that question they will decide further.

I do not think bank will ever accept bitcoin as a mode of deposit or even a transaction to them . I am a financial management student I understand how important is the cents in bank, it will be very hard for a bank to accept an investment instrument, Why do I say that? , bitcoin is an investment and an investment is so different from cash , value of money is really important in banks , they need to calculate all the receivables, how can they compute if bitcoin's value changes minute per minute?..

[HasithaM]

By and large financing costs exhibit that the individual proposing premium works in the course of action of fragmentary stores, since remembering the true objective to pick up energy outperforming the estimation of the favorable position itself, it needs to contribute the advantages depended to it. Bitcoin was devised especially to give people a tried and true differentiating choice to the specialist fragmentary hold structure, which ensures the mystery and transportability of electronic trades. In this way, the introduction of interest accounts on stores in bitcoins is a kind of poison for Bitcoin's economy.

[bishopcrypto]

The real question is: could you trust a bank to hold your bitcoin? And why would you?

[taeewo]

Never think or believe that will happen as bitcoin is a digital currency which cant be informed of fiat currency accepted by the bank, they will only adopt the system of blockchain technology on their platform for swift and easy transaction

[Markpet01]

I don't think that banks will offer bitcoin deposit because bitcoin is an investment not a deposit.

[TiffanyLien23]

In my opinion,  as long as Bitcoin is a digital currency, it can rise in huge prices and vice versa. But banks would not accept Bitcoin. Banks need to keep money circulating and their purpose for money to keep being used, If banks stored Bitcoins for holding that can be a huge problem for them and that would lead them to be broke. I thinks its better to hold our coins in our wallets and just let banks do their work with fiat money as well.

[Ootsumasu]

for the present and the next few years may be difficult to make it happen. very unstable bitcoin fluctuations will make it difficult for government to make decisions.

it takes stability of bitcoin to gain a better belief in the future.

[bitcointodayand]

I think that this will never happen, because the crypto currency is created to get rid of banks, that is, there is no point in this! In addition, the crypto currency means anonymity, so not many decide to entrust the disposal of their coins to the bank!

[Birin016]

I don't think banks will accept bitcoin because this is the very reason they were against they cannot control it, they cannot hold it and they seems not sure about it, its decentralize and also they're are diiferent in function and policy regarding money.

[godrey123]

I do not know about other countries but here in the Philippines we can deposit bitcoin on our back account, but their are only few back, baybe 5 banks here in the Philippines actually accept bitcoin. I think that I am lucky knowing that I have these kind of opportunity.

[bncbnc]

I think that this will never happen, because the crypto currency is created to get rid of banks, that is, there is no point in this! In addition, the crypto currency means anonymity, so not many decide to entrust the disposal of their coins to the bank!

Yes currently its look like difficult, we even cannot think about it, but in future, when bitcoin will become more common, and more and more people will start using bitcoin, specially when government will accept bitcoin a legal currency, then may be banks will also start depositing bitcoin, because then bitcoin will get a very legal status, and will be the need of every person, but it is not so easy to happen.

[cahbagus555]

I don't think banks will accept bitcoin because this is the very reason they were against they cannot control it, they cannot hold it and they seems not sure about it, its decentralize and also they're are diiferent in function and policy regarding money.

Maybe right now bank not accept bitcoin deposit but i think they will in near future. Goldman sachs already have crypto exchanger and right now they opening bitcoin trading desk. We know goldman sachs is one of biggest banks in the world. Banks have long experience to survive and banks have a good infrastructure in financial.

[anume123]

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 it's a bad thing to do, bitcoin e deposit in the banks because it also has the chance to drop the price of bitcoin and can not predict the high and low prices it would be nice to have the money to use for bank deposits.

[atliens99]

Banks holding your bitcoin defeats the whole urpose.  Bitcoin exists because you are supposed to act as your own bank, no one can freeze your account or your transactions.

[jaocoincrypto18]

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.

This is impossible to happen because there are banks that against Bitcoin existence and they also considered Crypto currency is a threat to them. Even JP Morgan declared support on Bitcoin investment but still it is impossible to them to offer such deposit service maybe if the banks will shift their fiat banking system to Bitcoin banking system then every Bitcoin banking services will become possible.

[CryptoGamblingSites]

Banks holding your bitcoin defeats the whole urpose.  Bitcoin exists because you are supposed to act as your own bank, no one can freeze your account or your transactions.

SOMEBODY GETS IT!!

Trusting your money and personal information to a bank, that pays thousands of employee's to not steal your money or information (which their employee's do all the time), is stupid.

Banks are the targets of hackers for one reason - they have all of your information and money. Taking that information or money is profitable to bad people who can use it for fraud, sell to others or just put it all online to mess with a people. The more we trust 3rd parties, the more times we're going to wake up with hangovers.

[Ezenwanyi]

Bitcoin is the future!
Bitcoin is a revolution!

We want to witness the future.

Banks would love to leverage off that too.

Bitcoin deposits, I believe will happen in no distant time.