Quote from: szpalata on July 03, 2017, 03:27:43 AM

Quote from: buithidiepth1 on July 03, 2017, 02:30:09 AM

Quote from: the_poet on December 13, 2015, 09:21:07 PM

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

It will be difficult for banks or financial institutions to recognize bitcoin. Because independence, freedom, bitcoin autonomy only depend on the buyer and the seller.

Precisely, that's why the banks will not like to get involved in money/funds they cannot be assured of controlling by the central bank but a currency that is only regulated by buyers and sellers.

As stated the price fluctuations will cause a major lacking in the financial ecosystem and banking system will fail. Because the cannot get an calculated outcome with bitcoin acceptance, sometimes they may be profited big, else they might end in a loss due to value decline. In future it might accept bitcoin as an investment asset and not on anything else.