Post
Topic
Board Bitcoin Discussion
Re: Should banks offer Bitcoin custody and payment services?
by
mgoldfinger
on 25/06/2014, 10:33:15 UTC

thanks for the reply. Understand that most banks are staying away from BTC. But what if a Bank would offer such services, that is my question.

in reality banks are under contract to only touch FIAT directly, by the mint/fed/government.

but in a hyperthetical / political fiction story.
anyone can get bitcoins more easily, and businesses can pay bills/taxes more easily.

but that wont happen in reality. its far easier to make bitcoin grow to a point that bank accounts are not needed for daily living. rather then getting banks to distribute bitcoins.

I can store my Gold at a bank, or even the deed to my house. I can deposit my stocks and transfer them in and out.
Mind you, I never said that BTC should be treated as a Currency. Most tax authorities see it as an asset anyway. Very tradable asset though ;-)