Will banks ever offer bitcoin deposits?

[rowel21]

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 even fake news can't destroyed the image of btc

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[criz2fer]

I think we will only see more manipulation if this happens , if the banks will profit of bitcoin going up are down then they are gonna make sure that is what happens. Like someone said above , this defeats one of the reasons why bitcoin was invented in the first place. So maybe they will offer it in the future but my hope is as a community we stay away from it.

Bitcoin should not be accepted on banks because its not a store of assest. Also, its very unlikey that banks would accept large amount of Bitcoin because its very suspicious specially when auditin of their central banks.

[AlexAtom]

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.

what i know is, most of banks will not accept cryptocurrency to their existing system.
but for now, i think they start to accepting crypto for the future. though i don't see any bank yet.

[terlesbogli]

Most banks don't accept bitcoins instead if you want to exchange bitcoins in banks that means you are willing to pay a high amount in bank exchange rates. Bank and bitcoins are not the same thing. Physical currency and crpyto currency are two different things.

[Dklinov]

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. When it will happen, most probably crypto banks will join the banking or conventional banks will open crypto divisions specializing on banking services in crypto assets including crypto deposits.

[dangwapo311]

Sooner or later banks will eventually adapt specially when cryptocurrency starts to get very popular and widely accepted. It is either they will start to accept or they will make their own cryptocurrency coin. It is just a matter of time before that will happen, they will need to adapt in order to survive.

[Donotfoolme]

the banks can offer bitcoin deposit 

[Ariess]

maybe that's a good idea in terms of profit that can be obtained banking.
but I think it's impossible for now even for tomorrow. because after all the bitcoin value is so fluctuating and can never be set.

[marmeladko]

If they will create Bitcoin deposits, they must make BTC loans? I don’t know how it can work. I think that Bitcoin holders don’t trust banks and they won’t give their coins to financial institutions. Also users will face with new risk factors.

[orangy]

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.

Traditional currency determines the existence of traditional banks. However, Bitcoin is not a traditional currency.

[fairy_fries]

Maybe in the future, when they find better ways to profit from it, and not Btc as threat to them. But if ever the time comes that banks will accept Btc deposits, I'll still choose to save it on wallets, i feel safer there and been using it till now.

[lucy94]

I don't think it will benefit them!

[dodz031718]

To get a good idea about which banks are most Bitcoin friendly, I suggest that you visit Bitcoin News, Blockchain News, Prices, Charts & Analysis - CoinDesk and inquire within the community. I also recommend Paxful and their website is: Buy bitcoin instantly where there are over 300 ways to trade Bitcoin, including cash deposit directly to the seller’s bank account.

[Pan Troglodytes]

Eventually they will of course do, and I have read articles that this service is already being offered by some banks, but I don't have the links so it is just something I thought I've read. But anyway I am positive that in the future this service will be very common in banks.

[novsali]

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.

How will they offer fixed returns of such deposits ? There is no guaranteed returns in case of bitcoins and this will be loss for banks.

[Caelanpelley]

At present, no bank accepts to send bitcoin. Because bitcoin is highly risky and prices fluctuate sharply. If you send the bitcoin up or down compared with the time you send, who will be responsible? It is possible that if bitcoin thrives the bank will accept.

[yugyug]

First of all bitcoin cryptocurrency concept is to eliminate the bank as the middle man of the transaction for cryptocurrency. Bitcoin is an anti-bank advocacy. So if we allow the bank for a bitcoin deposit then it negates the bitcoin's point of view. In the long run banks will make a way to make money out of your bitcoin deposits and bank is all about money, if you make a deposits to them they are in control of your private key and that is a big factor in handling the risk of your investments.

[Mr.Dick]

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 many many CEO's are right now and in the past trying to get bitcoin and their systems working together. In my Opinion they needed to do that straing at least by last year when bitcoin was getting famous, and they need to because they do want to have their profit from such a lucrative business.

[flower1024]

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.

How will they offer fixed returns of such deposits ? There is no guaranteed returns in case of bitcoins and this will be loss for banks.

How they will use our bitcoins and make a profit it's left to bank people, what we need means suppose if we do fixed deposit our bitcoins for one year and if they pay interest to my bitcoins then I am ready I will deposit but I only accept government banks because we can't trust private banks. It's actually good idea.

[franciscoDC]

depositing bitcoin in banks?,for now its being implemented,like my country and im proud to say its Philippines,our banks was looking to use this bitcoin as a payment mothod or etc. so for you question its possible and now its happening.