Will banks ever offer bitcoin deposits?

[Troysen]

iT REMAINS TO BE SEEN HOW THE BANKS RESPOND TO BTC, Most banks see BTC as a competition, a threat to their existnce, as BTC addresses various issues in a manner that they dont, For now i dont see them offering BTC deposius but with time, they may do just that

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[forumsehat]

Yes I really believe that it will be very profitable for the bank, and the bank should be able to take advantage of the currency cryptocurrency, I think that's a very good idea.

[Helex]

It seems not possible here in india because indian government will stop all the transaction in bank related to crypto currency on july 5th.

[nikonova]

banks will adopt bitcoin if it becomes stable. if bitcoin stays volatile, banks wont ever offers deposits. banks will not gain any profit and surely loose some if the value suddenly drops

[chalbinov]

Rather than accept a volatile cryptocurrency it is very much more likely that things will in the near future start coming out with cryptocurrencies of their own.  also it did not come up weather Bitcoin or other cryptocurrencies would be restricted or banned in the banks country of operation or where the bank was established itself.  Banks would be by law forced to abide by the laws of that said country. Being that we know that Banks will only tends to enter into certain activities if there is profit for them to be had, if it weren't so volatile, and it were legal for them to deal in, they would be likely to enter into it.

[Slavyanskiy]

To do this, the main currency must be a cryptocurrency. Then, it is quite possible, banks will begin to give loans and offer deposits in cryptocurrency.

[TanteStefana]

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.

They can do it, but I think people are not so stupid to count the profit of that. The deposit would have a big commission for the services of the bank. And you would pay twice, not good reason for smart people.

[Hitesh shaveta ohri]

Every business needs to adapt changes and challenges. I thought banks are already finding ways to join their hands with digital currency. and they will surely profit from it.

[Chaelbrin]

I cherish keeping my fiat to the banks and they are profiting with it yet in the event that its bitcoin. I don't figure I would benefit this administration however there's a plausibility that it will come and they will focus on those bitcoin financial specialists/holders that doesn't generally comprehend on what bitcoin is, being your own particular bank. They may pull in those sort speculators by saying that their bitcoins will be protected staring them in the face. We know on how the banks are getting along well in profiting.

[bitllionaire]

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.

They can do it, but I think people are not so stupid to count the profit of that. The deposit would have a big commission for the services of the bank. And you would pay twice, not good reason for smart people.

I even think that in current time it is not so easy to happen, i think that it can only be possible when bitcoin become more popular. In fact in most of the places banks do not care about bitcoin because in such places most of the people do not know anything about bitcoin. May be when bitcoin will become more popular then banks will also start thinking about accepting bitcoin.

[lodcoling]

I dont think it is impossible. But bitcoin has to a long run to go. It is well known to all of us that the bitcoin is very volatile. I think bank will offer to deposit the bitcoin when the price of bitcoin will be stable. Then they feel secured to deposit bitcoin. Otherwise there is chance of loss of deposited amount. Another think bank will confirm first and that is their benifit.

Again bank will offer to deposit the bitcoin when the foreign trade will settle through bitcoin. whatever it will take time.

[Philcris]

I think no they will never ever offer bitcoin deposits it depends on the bank and the holder of the bitcoin

[V1saya]

It will be possible. I think it will happen sooner than later. There are some banks that joined the ethereum alliance already and might be accepting eths in the future. And knowing bitcoin is more popular and bigger than eth.

[krayzie32]

wih the crypto development, i believe that there will be a good time in the future, Bank will use crypto for loan or deposit. It is the truth. You cant deny it

[rickn]

Some banks are starting to venture into the crypto world by allowing their customers to invest in crypto. As the crypto market develops, this trend must consolidate and more and more traditional banks will turn to cryptos

[theyRmose]

Bitcoin technology has surpassed the banks, even though there are banks that adopt the blockchain system does not mean they will accept bitcoin as a means of payment. A bank with a blockchain system is just a lure, they do not really understand the true principles of the blockchain system, although in the end the bank will accept the bitcoin they will keep your private key and this means the bank still uses a centralized system.

[moe_naj]

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.

ATTENTION ATTENTION:
COINNERDS HAS BEEN OPENED PAST 3 MONTHS AGO AT 1718 LAKESHORE RD WEST MISSISSAUGA ONTARIO CANADA
9059160066
THEY ARE CRYPTO BANK AND THEY ARE DEALING WITH CASH FOR RIGHT AWAY HAVE ACCESS TO CASH AND PURCHASE RIGHT AWAY YOUR BITCOIN




ATTENTION ATTENTION:
COINNERDS HAS BEEN OPENED PAST 3 MONTHS AGO AT 1718 LAKESHORE RD WEST MISSISSAUGA ONTARIO CANADA
9059160066
THEY ARE CRYPTO BANK AND THEY ARE DEALING WITH CASH FOR RIGHT AWAY HAVE ACCESS TO CASH AND PURCHASE RIGHT AWAY YOUR BITCOIN

[Haliburton]

To do this, the main currency must be a cryptocurrency. Then, it is quite possible, banks will begin to give loans and offer deposits in cryptocurrency.

Maybe a decentralized cryptocurrency like Bitcoin or Ethereum won't be the ideal choice for banks to offer deposits and/or loans to their customers. It could be a centralized cryptocurrency like Ripple or a government-issued digital currency to fulfill such purpose. This is because, decentralized cryptocurrencies are more likely of a threat to banks, than centralized ones. And, since centralized cryptocurrencies would be regulatory-compliant, there's a high possibility that we may be able to deal with them in a bank within the future.

But, as for Bitcoin, that's highly unlikely to happen because it's a volatile, unstable currency, that's unsuitable for deposits and loans. A stable cryptocurrency will be the go-to option for banks, as it would be much easier to deal with when offering such services. But who knows? Maybe someday, we could experience a decentralized bank which gives you the ability to earn interests on your Bitcoin savings, and even request loans, without ever giving your private key to it. That would be a game-changer for Bitcoin.

[nicster551]

Since, bitcoin is a decentralized currency; it couldn`t be monitored or even used by financing and banking institutions for their own profits. However, to break-even and in order to even attain revenue from bitcoin – it could somehow be possible (but not so certain) that banks will offer deposits of bitcoin as means to maximized technological development and advancement. In result, evolved banking institution may exist; hence, only to adapt the ever changes of the business environment.

[Mandarava]

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.

They can do it, but I think people are not so stupid to count the profit of that. The deposit would have a big commission for the services of the bank. And you would pay twice, not good reason for smart people.

Bankers always try to fuck people. Why do you have to deal with them if you can deal with all this yourself. And no one will have to pay extra money. Banks are no longer needed by someone who starts dealing with crypto-currencies!