Bitcoin Forum
May 06, 2024, 09:02:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 [120]
  Print  
Author Topic: Does any bank accept Bitcoin?  (Read 73772 times)
miyong
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
April 11, 2018, 11:21:00 PM
 #2381

In india no one bank can accept bitcoin because in india it is not a legal but nor illegal. But no one can accept bitcoin.

Most probably for those countries that btc is illegal, they wont accept it because of the rules behind it.  But,for now, i never heard any bank that already accept bitcoin.

MyCryptoBank  ――  Legal and Reliable Crypto Bank
Whitepaper  ――  CRYPTOBANK FOR CRYPTOCOMMUNITY  ――  Announce
―― Medium ―― YouTube ―― LinkedIn ―― Telegram ―― Facebook ―― Twitter ――
1714986129
Hero Member
*
Offline Offline

Posts: 1714986129

View Profile Personal Message (Offline)

Ignore
1714986129
Reply with quote  #2

1714986129
Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714986129
Hero Member
*
Offline Offline

Posts: 1714986129

View Profile Personal Message (Offline)

Ignore
1714986129
Reply with quote  #2

1714986129
Report to moderator
1714986129
Hero Member
*
Offline Offline

Posts: 1714986129

View Profile Personal Message (Offline)

Ignore
1714986129
Reply with quote  #2

1714986129
Report to moderator
yohananaomi
Sr. Member
****
Offline Offline

Activity: 2366
Merit: 267


Vave.com - Crypto Casino


View Profile
April 12, 2018, 01:06:48 AM
 #2382

In order for a bank to start accepting bitcoin, there has to be an agreement reached. Perhaps a third party bitcoin provider but this would surely have additional costs attached to it. And right now, there is really no need for bitcoin to be accepted in banks because bitcoin can serve that purpose already. I also doubt if bank tellers know anything much about bitcoin as they sometimes are not even familiar with their own services.

banks should not do bitcoin transactions, because with the service they have been doing so far classified as a lot of transactions, because bitcoin transactions require handling very different from like a general bank. may even need to learn more carefully and transactions that occur are also very high risk.
if possible, it may be possible but better stand alone and not join the tub in general.

jademaxsuy
Full Member
***
Offline Offline

Activity: 924
Merit: 220


View Profile WWW
April 12, 2018, 01:18:26 AM
 #2383

I do not know but here in the philippines bank could accept payment for bitcoin purchase after a third party will madr an order and the payment process that are affiliated to them. Coins.ph are partner with banks and even other money transfer online. They will just make you an order then pay at the banks. You can also choose to cash in your money and you will decide what to do with your cash. You can either convert it to bitcoin por ether. However, i think there were no banks that could accept bitcoin directly. But there are ICO projects now that accept crypto to fiat money and fiat money to crypto so need for the bank transactions. So we have to wait for that to happen.
BertoloyBTC
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
April 12, 2018, 01:36:16 AM
 #2384

Yes here in our country I have heared that there are two to three banks accept bitcoin and exchanged with fiat money and bitcoin, so I think that in the near future the banks will be adopting bitcoin in their banks.
rohican
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
April 12, 2018, 03:42:28 AM
 #2385

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 think blockchain technology goes against the concept of a bank. I even believe Bitcoin does not need a bank. If we can make our own wallet why do we keep Bitcoin in the bank?
Zaidaskin
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
April 12, 2018, 03:47:51 AM
 #2386

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 think one of the functions of the bank is to control the distribution of currency. Maybe they will not accept Bitcoin. If banks were to use blockchain technology, they would probably make their own coins that they could control.
kiddeon123
Full Member
***
Offline Offline

Activity: 291
Merit: 101


https://icoenergy.org/


View Profile
April 12, 2018, 03:51:40 AM
 #2387

I do not actually know what the process of the wallet that we use here in the phillipines, but with the wallet that we use ,we are able to deposit money to our bank account directly using bitcoin. I myself use these to encash the earnings that I aquire in bounties and tradings.

Pages: « 1 ... 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 [120]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!