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Bitkoyns
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September 11, 2018, 06:18:56 AM |
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here in my country banks are also the medium of cashing in but they dont accepts bitcoin deposits because they are against it how weird right? they dont also allow having an account when your income came from the crypto industry.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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nyn8920
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September 11, 2018, 06:33:36 AM |
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I would argue depositing funds in a bank is even riskier. Why have everyone's private key stored centrally? Also Freebitco.ins 4% interest rate offer is very interesting, but seems a little Ponzi-ish to me. I really don't know too much about their site.
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yakust
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September 11, 2018, 06:35:31 AM |
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I yhink this is quite possible with KYC/AML.
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SilverCup08
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September 11, 2018, 06:40:25 AM |
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Why not? There are already banks that accept bitcoin deposits (USAA, Simple Bank, Goldman Sachs, etc.). But I wonder, does this mean these banks are now regulating it? In that case, I'd rather not deposit any of my bitcoin in the bank. I'd rather keep it without any regulating body. That's just my personal take on it.
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Angela28
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September 11, 2018, 07:28:34 AM |
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Let's imagine that if the bank accepts the bitcoin deal as well as the bank accepts to keep the bitcoin and calculate the profit for those who keep the bitcoin, then it's a good thing for us.
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Caubethamaner
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September 11, 2018, 07:53:00 AM |
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We all know that Bitcoin and other forms of crypto currencies are decentralized and no one controls this and the price or value of crypto currencies can easily go sky high or fall into a cliff. This is one of the major reason why Banks won't accept Bitcoin or crypto currencies. Technology always have advantages and also disadvantages and that's part of innovation, even Bitcoin have this kind of disadvantage it still over takes it and more people are getting curious about this monetary innovation every year.
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molla_corda
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September 11, 2018, 10:28:43 AM |
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As far as I know such banks already exist and this is definitely the right move. Banks, like cryptowall, are vital to the full integration. This will create a powerful market combining the features of economic and technological spheres. If this happens, it will be very difficult to replace such an institution for the next hundred years.
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Delinquency
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September 11, 2018, 11:51:32 AM |
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Bitcoin is a main currency of digital universe. But In any case, I think it is impossible to offer bitcoins by banks. A bank needs to store before saving anything. Bitcoin has no position. Which can not be seen, isn't in actuality, Just isn't accessible on the web. Thusly, the bank won't store on any concealed protest.
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Digixhub
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September 11, 2018, 11:59:44 AM |
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According to us banks will never offer bitcoin deposits. Private key is meant to be the secret key of an individual so why would a person share his private key to the bank which is a centralized network. Banks which are meant for crypto investments are already offering bitcoin deposits but all the banking institutions will not offer this. https://www.digixhub.com/ |
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cryptocurrencyguru
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September 11, 2018, 12:06:05 PM |
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Banks in Germany are offering bitcoin bonds and loans and remittance we can see so much development in bitcoin space in banking industry mostly in Germany and Japan
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