Post
Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
anonph1106
on 26/08/2018, 15:02:56 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.

Indeed, it could be difficult for a bank to established bitcoin as deposit since the value of bitcoin is very volatile. We don`t know when will it have and when will it not - depending on the trust of the people. Thus, banks will not risk this kind of opportunity in the financial market perhaps due to the fact of its volatility. We know that bitcoin is very useful and might be for the future but this kind of institution do not see things much way.