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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
Luca.Luca
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March 01, 2018, 06:50:09 AM
 #1961

Banks ve always been fast on embracing something they can use and profit from and this is why they ll embrace blockchain fast. It doesn not offer any interests on your holdings but it seems running since a while now and quite established.
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Jaxon1234
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March 01, 2018, 06:51:09 AM
 #1962

I guess some third part also can work as intermediate to accept bitcoins and deposits corresponding amount into their accounts. This way we can make banks accept bitcoins virtually.If you consider online payment processors as online banking, then many processors accepts bitcoin for depositing and withdrawing funds.
Matthew1968
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March 01, 2018, 06:53:18 AM
 #1963

in my country banks would never come in support of bitcoins, as banks are aware that bitcoins can be threat for them in the future, banks are more powerful and have support from people and government.yes it will go against the principles of anonimity and all, but still some people will agree to not be anonymous in order to have their BTC easily exchanged for fiat.
maryhansenn
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March 01, 2018, 06:54:25 AM
 #1964

There is no bank for this. I guess this was the whole idea of bitcoin, to be stored online not in a bank
Harvey1960
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March 01, 2018, 06:54:40 AM
 #1965

Here in my country from online bank they accept bitcoin but they convert it into fiat and you can withdraw it as your real money.some might accept fiat accounts for bitcoin exchanges and merchants but I doubt anything more than that, I doubt a bank can accept an anonymous currency like bitcoin.
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March 01, 2018, 07:06:05 AM
 #1966

I do not think there is but there will be. Here in our country, government starts to support bitcoin and some stores already accepting bitcoin as a payment method. And the most important of all is the fact that the Central Bank of the Philippines is acknowledging bitcoin, I think this would be great in my country because they are open-minded about bitcoin. And maybe months or a year later they will be legalizing Bitcoin as a payment method. This would be great for the investors, especially to the Filipinos. government is doing such a good job on supporting bitcoin. But there is a question in my mind, will they allow it? Because banks see bitcoin as a big threat to them.

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Lora_ng15
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March 06, 2018, 07:01:01 AM
 #1967

I met several ICO who are engaged in microcrediting in the crypt currency, including bitcoins, but whether there is a bank I do not know.

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AlbieFreddie33
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March 06, 2018, 08:38:42 AM
 #1968

I suggest you to create a wallet in spectrocoin and you can order a debit from the site. In my opinion, it's better to use an exchanger that converts bitcoin into fiat money vice versa. Thus, bank wouldn't need to change their systems and the service would be better.
ASICHEAD
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March 09, 2018, 04:29:32 PM
 #1969

No, banks don't accept Bitcoin because Bitcoin is the biggest enemy to them , they won't do anything that involve with Bitcoin's activities.

Wrong!

Find out about Falcon Private Bank

And


https://www.bankfrick.li/en/about-bank-frick/news/bank-frick-allows-direct-investments-in-leading-cryptocurrencies
In the past, really no bank accept Bitcoin and cryptocurrency. But just after this new, a new way for the growth of cryptocurrency opened. However, I do not understand what the reason made the price of Bitcoin dumped so much value within short time like past days. Although it has some good news like this news.

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Pinoyfan
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March 09, 2018, 04:32:52 PM
 #1970

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 Guess that there is isn't any Bank accepting directly bitcoin yet. I heard Barclays is very friendly towards bitcoin. but still they do not accept it. However, I think it is a matter of time until we see a Bank start to accept bitcoin
johnine
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March 09, 2018, 05:54:13 PM
 #1971

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.

Barclays broke new ground this week by becoming the first bank to accept bitcoin. But don’t get too excited, the UK bank is only taking baby steps.Under a pilot scheme, people will only be allowed to use the crypto currency to make donations. The Wall Street Journal reports that Barclays is teaming up with bitcoin startup Safello to build a program that allows charities to accept bitcoin.

Barclays is keeping the details close to its chest for now, but this move is a big boon to bitcoin’s legitimacy. It also galvanizes Barclay's reputation as a fintech pioneer.

Courtesy of nexchange.com
hoodi
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March 09, 2018, 05:55:55 PM
 #1972

Yes I am sure there is , but honestly, don't know which myself. Would be interesting to have a whole list of banks.

putriangel
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March 09, 2018, 06:00:12 PM
 #1973

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.

Until now I do not know if any bank can accept bitcoin. Because bitcoin itself is anonymous and very unstable. But what may banks will accept it? I think it's hard. But hopefully bitcoin can be accepted in the bank.
hangar18
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March 10, 2018, 06:49:01 PM
 #1974

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.

Until now I do not know if any bank can accept bitcoin. Because bitcoin itself is anonymous and very unstable. But what may banks will accept it? I think it's hard. But hopefully bitcoin can be accepted in the bank.
As far as I know, since the Japanese government accepted Bitcoin, it means the banks of this country also accepted Bitcoin since that time. However, recently, a bank from different country have accepted cryptocurrency too, not only Bitcoin. You can read this article to know more details: https://www.coindesk.com/liechtenstein-bank-opens-up-cryptocurrency-investment-for-clients/
ilyashpakin2015
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March 15, 2018, 11:05:39 AM
 #1975

Bitcoin what is this and the value in practice for the end user? There is not even a theoretical possibility to produce such a quantity of crypto currency that led to a drop in price.
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March 15, 2018, 11:25:46 AM
 #1976

I think there are some banks that accept bitcoin bitcoin has value because of the very high and very high popularity bitcoin.
chrsjrcj
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March 15, 2018, 12:07:10 PM
 #1977

i don't think so that still there is any bank who are accepting bitcoin but according to my information their is no place who are accepting bitcoin as a payment but yes possibility of acceptance as a payment is more in future because now bitcoin is getting more and more number of users.
kingcrypto-the2nd
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March 15, 2018, 11:18:11 PM
 #1978

a banker who is a friend told me,banks are jittery about em.don't know how true that is
Harrisonimo
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March 15, 2018, 11:21:16 PM
 #1979

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 at this month, I know of a bank in my country that has partnered with a Cryptocurrency app in making payments easier for its customers. I see that the bank in itself is ensuring they are up to date with what is happening in the Cryptocurrency markets too. A good one here!
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March 15, 2018, 11:23:38 PM
 #1980

What do you mean directly?if directly i think no because many people don't know about it. So we need to deposit it online through my local wallet. But i read it in some articles about bank accept bitcoin.  In nigeria news i read it that bitcoin there are so important they some banks accept it.
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