Post
Topic
Board Bitcoin Discussion
Re: Bitcoin connected to our banks!!!
by
zeingrind777
on 19/10/2018, 04:35:27 UTC
In future if bitcoin is allowed in countries around the world and most online based companies will start to allow bitcoin as their payment currency/gateway/exchange. But what do you think if we would be allowed to transfer our money to our bitcoin wallet from our bank accounts like PayPal does? Will it be a good thing for banks and us?
bitcoin will not be able to connect with banks because bitcoin wallets are banks that are fully controlled by bitcoin users. If the bank can accept bitcoin and bitcoin users can directly be given fiat and immediately enter the account, then all bitcoin users will feel happy. But that would be a big problem with the fluctuations in the price of bitcoin, and bitcoin is not liquid, for example, a bank has $ 1 Billion in the form of bitcoin, is the owner wallet able to provide $ 1Billion of funds in a fast time? for me, that would be a problem in itself