Will banks ever offer bitcoin deposits?

[Huntsman82]

Only future can tell. But currently, banks in my country do not accept bitcoin deposits

Of course they don't. But they will in the near future.

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[Testament28]

In my personal opinion, it would be complicated for banks to accept bticoin accounts. Aside from the unstable price of bitcoin, it would be risky on their part because not all establishments accept bitcoin payments, especially in our country. We all lnow how popular bitcoin is, but i don't think banks will support its cause just yet.

[bloodyvio]

i dont think that can happen
because it has a different protocol
cash is physical while bitcoin has no physical form
so i dont think it's possible

[West0813]

I think banks will not offer bitcoin deposit. Because banks will not enter such risky transaction like bitcoin. But i don't take away the posibilities that in the future maybe it will happen.

[Cynthia Andradee]

No. I don't think that will happen. Now the Bitcoin legitimacy hasn't been clear. We still haven't had any idea whether the government will ban Bitcoin or not. So banks, which are under the control of the Central bank, are far from accepting Bitcoin as a deposit.

[burgerpatty]

Now is not offering but in future sure they will offer because its a good way for bank make good profits if peoples get this kind of facility of deposit money in bank then they will also get good interest in return but if this happen then this is a big revolution for banking sector also peoples will adopt cryptocurrencies like fiat.

[Kelvinikke]

The time that bitcoin would be accepted into our banking systems is quite far fetched but i believe a time is coming where banks would really accept bitcoin. Currently so many governments are putting up regulations to control cryptocurrencies especially with issues concerning its volatility. I believe in the future bitcoin is likely to be accepted as deposits in our banks.

[zhanyiguai261315]

There are some other institutions that offer BTC deposit services!
Bitcoin piggy bank is the bank of Bitcoin world. Users can put bitcoin in Bitcoin piggy bank to get interest of 0.0137% per day!

[Jupeter]

Bank experts are positive about this innovation, but do not understand how bitcoin works. So in my opinion officially it will not happen very soon!

It is possible to happen because we all know that bitcoin and other cryptocurrency is getting more popular all over the country and there is no doubt that a lot of big banks will totally accepts bitcoin deposits, on the right time maybe it will only take for 5 years to happen.

[Bimaab]

We all knew that bitcoin is risky, but have you asked that the bank investment are not risky too? always when you choose a way to work with a risk, always, there's a chance to lose or to win. In the banks, they will invest using your money and you don't have any control about! That's what is the difference in Bitcoin because though it is more risky, you have always the control of your investment.

[wireless1889]

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.

As per the fixed price, it will be useless if the banks offer this type of investment more especially if the bitcoin goes up and you will only get half of what you deserve and vice versa, if it falls down the banks will have loss. More probably of the banks accepted bitcoin they need to establish rules and regulations that will favor the both party and therefore they will get the equal benifits. Bitcoin did not aim to have competition its just that people think of a competition. Bitcoin wants to help, and so that was its advantage. And soon banks will realize it also.

[caseback]

This is far from fact, i dont see it that government allows it how come the bank not do so, this is very large discussion between the both parties because it talks about money our banks here are not ready to accept this digital money so its hard to decide from banks..

[silviyako]

Even if the banks won;t accept bitcoin deposits, it wouldn't matter since bitcoin doesn't need banks. But if think they won't for now as bitcoin's value is not that stable yet and can cause some loss to the banks.

[Tan_avia)vl.]

I am sure that many banks in the countries where Bitcoin is allowed already think about it. The bankers, probably, first decided to calculate all possible profit from using Bitcoin.

[erikoy]

Yes in south korea local exchange has offered bank payments to ensure that payment will reach to their office as to let the local exchange also give the clients an options to exchange his fiat money to crypto. Maybe this banks will going to realize how much they will going to earn accepting payments for the local exchanges for crypto. And they will soon encourage local exchanges to get their bank for any transaction processes for them to earn. But in my opinion bank will never offer bitcoin deposits. It will never happen because banks are only after for the centralize currency which is the fiat money.

[BenRayfield]

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 real!
But when that happens, bitcoin will be worth a lot of money. After all, this will mean that Bitcoin will become the official currency.
I think that then there will be a million people willing to buy bitcoins.

[funnynews]

To receive money at interest, you must give them at interest. Give bitcoins at interest no one will, because the payment is anonymous and then there is nowhere to look for the recipient. Even if the borrower tells all about himself and shows, then this asset is identified with greater risks, since it is impossible to call such a legal operation, and accordingly, the bitcoins can not be taken back too.

[Amokomowo2005]

Technology is increasing significantly and most institution will do what will make things easier for them to do their job. The deposit will make their work easy and simple.

[Abal Abal]

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.

maybe banks in my country will not offer it, because banks in my country consider the existence of bitcoin is a threat to them.
so that's impossible for them to do.

[Daniel9140]

I doubt banks would want to provide such service now that cryptocurrency is getting bans but when bitcoin is generally accepted, the banks would surely adjust and provide this service so that they wouldnt be irrelevant in the industry when that time comes