Post
Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
bitctrimor1
on 16/05/2018, 21:00:42 UTC
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.

For me, they will, but I qualify it by saying that it may take a long time. Banks are very cautious with the investments or business they invest in or follow through. Therefore, since this market is just too volatile and too unpredictable, I don't think banks would even consider it right now because the money that they actually use is not their own money, but the money of their investors and depositors. So, if thye would jeopardize the money of their customers, it would not help their business nor their image.