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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
Kingjagat
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April 02, 2018, 10:17:21 AM
 #2241

At this time, There is no bank in the globe that accepting BTC, But I guess they will in the next few years.
The market of the btc going higher and higher..

For now i think use kraken and when i want to buy bitcoin i just do SEPA transfer and voila i can buy bitcoin.
No bank receives bitcoin, but with the majority of banks you can withdraw money to the stock and buy bitcoins.
BCSHonda
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April 02, 2018, 10:38:26 AM
 #2242

I am sure that banks will accept bitcoin in the future. Today, people are increasingly intelligent, modern and to meet that there is bitcoin. Bitcoin's payment method is very useful in today's economically developed economies. Therefore, banks want to have a large number of customers as well as large transactions. I believe so.
lucy94
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April 02, 2018, 01:27:21 PM
 #2243

Currently no banks accept Bitcoins in its form.
Winnerschapel
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April 02, 2018, 06:00:17 PM
 #2244

To the best of my knowledge no bank accepts bitcoin. Banks are controlled and regulated by a central authority called central bank which formulate and force monetary and fiscal policy on to the banks under central bank for the proper functioning of and facilitating the flow of fiat currencies. Since bitcoin is decentralized digital currency and it doesn't have any authority or isn't controlled by anyone so I doubt if any bank will ever accept bitcoin.
Joemzz31
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April 03, 2018, 03:29:37 PM
 #2245

In our period yes there are some banks in other countries accept the cryptocurrency because they have a monetary value, but in future they can be no longer to do it because bitcoin will replaced bank in future.
wistfuljob
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April 03, 2018, 04:39:54 PM
 #2246

I hope there arre no such bitcoin banks in the world or the btcs will devour the econony of that country also
Froloff92
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April 03, 2018, 04:40:50 PM
 #2247

According to some sources, there are some Swiss banks that allow people to trade bitcoin. Perhaps they are aware of the benefits that bitcoin brings when using it. Still, many states still can not accept the presence of bitcoins.
markovi4mark
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April 03, 2018, 05:05:20 PM
 #2248

There is a registry of database in every bank that tells them what kind of money and currency they can only accept, and I'm quite sure that bitcoin is not on that list. Perhaps the reason is bitcoin is just new to the world and the fact that bitcoin has no physical form matters as well. Banks have been using their own policy for a long time, so accepting something new is debatable.
money1122
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April 03, 2018, 05:06:49 PM
 #2249

I highly doubt there would be a bank for bitcoins because the whole point of btc is for it to be anonymous and that bank will totally destroy that
zelante
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April 03, 2018, 05:34:12 PM
 #2250

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.
mitchel_am
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April 03, 2018, 06:37:34 PM
 #2251

I have heard that the biggest bank in Norway started to accept bitcoin. I didn't hear of any banks here in Austria to accept bitcoin
cryptolet
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April 03, 2018, 09:49:58 PM
 #2252

We have banks that accept bitcoin over there in outside countries  like Germany, Estonia, Czech Republic, united Kingdom but no one in Nigeria yet.
Heronzkey
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April 03, 2018, 09:57:25 PM
 #2253

Currently no banks accept Bitcoins in its form. They trade/transact in government backed fiat currencies only.
Although Bitcoin is a legal payment tender in some countries. Your traditional banks do not directly deal with Bitcoin. There might be some intermediary who convert Bitcoin to local currency and vice versa.
Secondly Bitcoins is against the concept of centralised authority in charge of your money. If you need a bank to park your money, you do not need Bitcoin
GeorgiyBilyk
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April 03, 2018, 10:03:11 PM
 #2254

now there is a war between banks and bitcoin! very interesting, how to end this war! the dumbbells understand what a large capitalization has left their market, so a full-fledged interconnection between the tanks and bitcoin will not begin soon!

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erichall
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April 04, 2018, 12:04:29 AM
 #2255

Let businesses accept crypto, but we need to stop waiting for banks to "accept" bitcoin.

Crypto makes it so that you are your OWN bank. You don't need third party banks to "approve." That defeats the entire purpose of crypto.
Clover_Faith
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April 04, 2018, 12:42:23 AM
 #2256

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.

Actually i dont if there is a bank for bitcoin but in what i heard they are planning to create a bank for the bitcoin user. And i think it depend on the country location where it build.

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jonas5222000
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April 04, 2018, 01:03:29 AM
 #2257

In my country which is the Philippines the (PNB) Philippines national bank was looking to use this bitcoin and i think its nice to happen i was looking forward on it,and also many branches here was accepted this bitcoin as a payment method.

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olatslodi
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April 05, 2018, 02:40:25 AM
 #2258

As far as I know, here in our country most of the banks are partnered with the bitcoin wallet provider which is coins.ph and recognizing as new innovation that would help to a faster and economical way of money remittances. But to have a direct deposit of bitcoin, I don't think there is any. Maybe in the coming future
genology
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April 05, 2018, 02:48:37 AM
 #2259

As far I know, there is non yet here. I think it is because Bitcoin is a threat for them. Bitcoin is an online currency that makes transactions easier and doesn't need banks for it. Applying Bitcoin to their processes will only make Bitcoin popular.

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Ravenangel
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April 05, 2018, 02:55:36 AM
 #2260

I dont think there is any bank accepting BTC yet, Bitcoins threaten the existence of banks and are considered an Unhealthy competition to the banks, i dont think they will be accepting BTC anytime soon

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