Ninjastic
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Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
Huntsman82
on 23/07/2018, 18:12:52 UTC
Quote from: denzkilim on July 23, 2018, 03:56:06 PM
Quote from: yarozaqu on July 22, 2018, 01:39:37 PM
Quote from: shield132 on April 26, 2018, 03:20:04 PM
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.

I think In the coming future It will happen. Because It is the future technology.
I don't think that I will agree with you, because Bitcoin is a decentralized crypto currency and no one controls it either a central bank or a government behind it and its nature is very volatile that anything can happen anytime, Bitcoin's price could fly high or fall into a pit in a very short period of time and this kind of nature is very risky for those banks. Even in the future, I don't think that it would actually happen that banks will be accepting crypto currencies or maybe if there will come a centralized crypto currency in the future they might hop into it. But for now, it looks extremely impossible to happen.  Cool

Banks won't accept dealing with crypto at this time because it's too volatile and unpredictable and that's just not good for business as far as the banks are concerned. BUt in the future when everything gets regulated and crypto stabilizes, banks will certainly do something to get their piece of the cake.