Post
Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
wireless1889
on 17/07/2018, 11:46:31 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.

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.