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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
dbutp
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November 20, 2017, 04:21:06 PM
 #1461

I think no banks accepting Bitcoin because Bitcoin does not help banks get more profits but also reduce the bank's profit. Bitcoin is a digital currency, Bitcoin transactions are made thanks to the internet, it is completely free. Banks do not like this.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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November 20, 2017, 04:37:23 PM
 #1462

None yet in my Country. The Central Bank in my Country even issued a warning about use of Bitcoin as this is not yet regulated and no studies made by the Government if they will adopt use of Bitcoin.
Many countries don't accept bitcoin but many countries accept it cordially. Many people interested their egarity in the popular and interesting currency 💱.  So the government of those countries say yes for bitcoin. But bank didn't accept it.
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November 20, 2017, 07:33:29 PM
 #1463

Here in my country banks are not accepting bitcoins. Because it a direct competitor and threatening to the bank. They are to different systems that will not blend in. Just like apple to orange.
Not yet because bitcoin is still not acceptable to any bank but money exchanger accept bitcoin anywhere and in my country bitcoin is going is acceptable to any government sector when I’m going to pay bills so pay my bills in bank and they accept bitcoin so I hope in other countries bitcoin will be accepted also.
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November 20, 2017, 07:36:59 PM
 #1464

Here in my country banks are not accepting bitcoins. Because it a direct competitor and threatening to the bank. They are to different systems that will not blend in. Just like apple to orange.
Not yet because bitcoin is still not acceptable to any bank but money exchanger accept bitcoin anywhere and in my country bitcoin is going is acceptable to any government sector when I’m going to pay bills so pay my bills in bank and they accept bitcoin so I hope in other countries bitcoin will be accepted also.
lately on my country some banks are now accepting bitcoin because they see the potential of it i dont think that it was a fraud but for where i lived for bitcoin are not so illegal i mean we have the freedom to use it in any kind but in gambling this were my country are against on it , so for me some country are accepting bitcoin on bank.

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katiecbell
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November 22, 2017, 08:25:18 AM
 #1465

I think there are no bank accounts that accept bitcoin because of decentralized and always changing price in the market but it is accepted through applications that converts to money online and maybe if there are one can make a bank account it is hard to say that it has many charge for us.
Not all banks only some banks are going to accept bitcoin and these banks are in Europe only but I’m sure in coming time some more countries and their banks will also accept bitcoin and in my country bank also accept bitcoin because whenever I’m going to pay bills so I pay all my bills in banks so I hope for other banks as well to accept bitcoin.
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November 22, 2017, 08:35:08 AM
 #1466

I think no banks accepting Bitcoin because Bitcoin does not help banks get more profits but also reduce the bank's profit. Bitcoin is a digital currency, Bitcoin transactions are made thanks to the internet, it is completely free. Banks do not like this.
Right now not yet because all bank is control by the law of government, if bitcoin allow to store in the bank maybe it make a big problem to user of bitcoin, because when you store your coin in bank there is possibilites that they can put you tax and you must obey there law.

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November 22, 2017, 08:54:21 AM
 #1467

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

as far as i know there is still no bank that accepting bitcoin. I hope in future that there are existing banks that accepting bitcoin because it is advantage for bitcoiners that it will. Less hassle for us.  And all bank now is controlled by the government that somehow hates bitcoin.
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November 22, 2017, 09:28:06 AM
 #1468

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

as far as i know there is still no bank that accepting bitcoin. I hope in future that there are existing banks that accepting bitcoin because it is advantage for bitcoiners that it will. Less hassle for us.  And all bank now is controlled by the government that somehow hates bitcoin.
Banks may invest into bitcoins bUT there is no way that they will accept that their customers make deposits in bitcoins. It's like they are patronising with the enemy and I don't think that's possible at all. In some time to come, I am sure that they are going to petition governments to ban bitcoins.

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November 22, 2017, 09:45:31 AM
 #1469

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
My Friends live in usa and he use bitcoin card and he told me any kind of usa online bank accepted bitcoin and most of the hotel oil pump accept bitcoin.
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November 23, 2017, 05:29:44 PM
 #1470

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

Haven't heard one before. But I hope someone does operate a bank for bitcoins so we can also store our beloved profits there. I just hope it doesn't turn out like some fiat bank where they take advantage of your money and use it for themselves.
Yes in my country banks accept bitcoin because when I’m going to pay all my bills so I pay all my bills in banks and I’m sure that in other countries bank will also accept bitcoin because bitcoin is now legal in a lot of countries and this is also fact that the rest of countries will also make bitcoin legal because bitcoin believe to facilitate people.
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November 23, 2017, 05:35:05 PM
 #1471

yes barclays bank accepted bitcoin 2 years ago bt that was only for dnation.bt its a huge one to judge bitcoins legitmate.i know this info thats why i shared.thanks.

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November 24, 2017, 06:41:43 AM
 #1472

I think no bank accepts bitcoin. The demand for human bitcoin has been increasing, which in turn has affected the interests of the bank and the number of users of banking services has reduced.

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November 24, 2017, 07:51:14 AM
 #1473

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

I don't think that banks accept bitcoin simply because it has no physical form. I don't think that banks are entitled on accepting something that has no physical form. I'm not quite sure if it's part of their rule or something. However, I'm still wondering why everytime I withdraw my bitcoin, I go to a bank and it provides me cash.
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November 24, 2017, 07:52:41 AM
 #1474

There does not seem to be any bank accepting bitcoin, at least I do not know about it, bitcoin is an emerging thing after all, and banks do not allow customers to frequently roll out and switch to bitcoin every day. . .

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November 24, 2017, 08:33:01 AM
 #1475

I think no banks accepting Bitcoin because Bitcoin does not help banks get more profits but also reduce the bank's profit. Bitcoin is a digital currency, Bitcoin transactions are made thanks to the internet, it is completely free. Banks do not like this.
Right now not yet because all bank is control by the law of government, if bitcoin allow to store in the bank maybe it make a big problem to user of bitcoin, because when you store your coin in bank there is possibilites that they can put you tax and you must obey there law.
Otherwise your identity will be uncovered when you use the bank to saving your bitcoin in there? certainly decentralized and anonymous will not apply when you use the bank right ? Besides, I have not heard from the bank that they accept and support bitcoin openly, which I often hear is that government in a country bans the use of bitcoin to their citizens
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November 24, 2017, 09:10:34 AM
 #1476

Not yet heard in my country as of today, but for me we don’t need a bank to store Bitcoins. With Bitcoin, we are owning bank. right? And somehow we  never can tell what will happen for more years to come. If the bank will accept it or not.
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November 24, 2017, 10:47:39 AM
 #1477


I didnt find any bank who accept bitcoin.How can I withdraw money to an exchange?
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November 24, 2017, 11:01:03 AM
 #1478

bitcoin is still not considered as legal money in our country, so till now no banks accept bitcoin. but banks are making themself ready for future with such own currency. Because bitcoin is one of the biggest cryptocurrency online, some of the banks now are now accepting bitcoin as a method of payment. Banks are also securing their own security in case bitcoin will fall or change its position. Roll Eyes
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November 24, 2017, 11:27:53 AM
 #1479

I can't think of any bank accepting bitcon, Bitcon is their no1. competitor. Some banks even block your account if you are affilaited with bitcoin..
So be carefull. I for one never use bitcon in the message field when i make a transfer or buy some bitcoin related gear.
Me, too. I don't think there is a bank who accepts bitcoin because bitcoining is one of their enemies in terms of securing funds and other system issues. They see bitcoin as a threat to their system and goals so i don't think they will accept it especially bitcoin prodices virtual money that can't be easily exchanged and can't be easily valued so there is no way banks will accept bitcoin.

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November 24, 2017, 11:29:50 AM
 #1480

it is the principle of bitcoin to be decentralized and therefore not to be in a bank
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