Ninjastic
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Board Bitcoin Discussion
Re: Will banks One day accept Bitcoin deposit?
by
avp2306
on 09/09/2025, 10:12:39 UTC
Quote from: shield132 on Today at 10:02:48 AM
Quote from: dkbit98 on August 20, 2025, 09:45:53 PM
Quote from: Obiene12 on August 20, 2025, 09:25:43 PM
One day banks will accept Bitcoin as medium of exchange and accept deposits from bitcoiners. As soon as the world powers accept it as medium of exchange.
Why would you want to send your Bitcoin to a bank when Bitcoin was literally created to work without banks and third parties?  Roll Eyes
Even if they start accepting Bitcoin they would not allow you to withdraw whenever you want, they would charge additional fees, they would force you to use their ''approved'' wallet, and other crap like that.
Because people do not use Bitcoin for its purpose. I love pre-2017 Bitcoin when the price was low, transaction fees were almost non-existent, when there were no KYC requirements available, when you could mine Bitcoin at home even without a free electricity, when you could trade Bitcoin without a hassle. Today Bitcoin is a commercial business and almost everyone acquires it for this purpose, to make more money. People will send Bitcoin to bank account to earn interest on their Bitcoin deposits. Today people don't use Bitcoin to escape the bank but to make money, so this doesn't surprise me anymore.

Bitcoin actually have the same issue at that year since network fees surge read this https://www.cnbc.com/2017/12/19/big-transactions-fees-are-a-problem-for-bitcoin.html

That's why I'm not surprised if Bitcoin price fee surge when bull run came or there's something it bother its network since it will just fade out. Right now fees is so cheap base on mempool https://mempool.space/



So with this everything looks fine even if you want to transact Bitcoin from time to time. Bitcoin is slowly been accepted on some banks and there's good chance that they do full adoption then include this option if people want to deposit their Bitcoin in their institution in future.