|
Benchman
|
 |
February 19, 2017, 11:50:22 PM |
|
If you can't defeat him, join him.
That's exactly what are banks doing. Why limit the revenue?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
SFL
Newbie
 Offline
Activity: 14
Merit: 0
|
|
February 20, 2017, 03:07:00 AM |
|
There is no doubt that no bank accepts bitcoin. There is no physical existance of bitcoin it is digital currency and its price is not fixed because it is not controlled by any such organization which can fix its price. Bank can never do transaction through bitcoin because bitcoin needs no any organization for its transaction....
|
|
|
|
|
|
hajimasan
|
|
February 20, 2017, 10:23:38 AM |
|
Still not. major banking institution of our country had already set to make the next cryptocurrency and make payment easier and a new way of transferring and paying money so they might not accept because its not stable and they could affect their financial status.
|
|
|
|
|
|
Diced90
|
|
February 20, 2017, 10:30:46 AM
Last edit: February 22, 2017, 07:23:57 AM by Diced90 |
|
They only way banks could have access to bitcoin is through a third party company to avoid being hit by money laundering charges and fines. Otherwise its business as usual.
|
|
|
|
|
|
_Legendary_
|
|
February 20, 2017, 10:48:58 AM |
|
Until now I've never found there are banks that accept bitcoin. When I asked, they answered do not know bitcoin. Maybe not yet popular in the bitcoin my place.
|
|
|
|
|
|
cryptoblazter
|
|
February 20, 2017, 11:32:30 AM |
|
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.
Majority of the banks now are not accepting bitcoin yet, I don't know in the other country if there is bank accepting bitcoin. |
|
|
|
gufpmvgw3334
Member
Offline
Activity: 106
Merit: 10
|
|
February 20, 2017, 11:54:29 AM |
|
in my country there is no bank that I know of at the moment accepts bitcoin.
|
|
|
|
|
|
Xester
|
|
February 20, 2017, 12:08:10 PM |
|
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.
In my country our web wallets are partnered with banks where if we wanted to sell our money to them they instantly deposit our money in banks it took only 8 hours or we can choose another banks there are banks that instant. Where we can cashout our money within 5minutes  They are partnered with banks but the banks itself are not accepting bitcoins. The exchanges are placing huge deposits in the banks so that if somebody tried to exchange their bitcoin into the local currency the exchange will transfer some deposits unto the clients bank account. Banking system nowadays have not accepted bitcoin yet but possibly in the future even banks will play as an exchanger for bitcoins. |
|
|
|
|
|
paul gatt
|
|
February 20, 2017, 12:13:38 PM |
|
as I know, there are many banks accept Bitcoin, so we can easily make transactions. but that does not mean they regarded as official currency Bitcoin. they just made the Bitcoin transactions with mediating role on websites
|
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
February 20, 2017, 12:21:10 PM |
|
as I know, there are many banks accept Bitcoin, so we can easily make transactions. but that does not mean they regarded as official currency Bitcoin. they just made the Bitcoin transactions with mediating role on websites
From the "many" banks that are accepting Bitcoin according to you, name me just one or two so I can have a look at how they "incorporated" Bitcoin. I assume you mistake Bitcoin with the blockchain as technology that banks are testing and potentially might incorporate at some point in the future. These are two differnt things since the blockchain they try to develop and eventually incorporate is something that is heavily centralized. |
|
|
|
|
|
TelolettOm
|
|
February 20, 2017, 12:21:43 PM |
|
in my country bitcoin legalization and the impact no banks that accept bitcoin exchange. to exchange bitcoin should in exchange. I hope kedepanya my country could accept bitcoin as it has many benefits
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
AicecreaME
|
|
February 20, 2017, 01:48:41 PM |
|
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.
Yes there is a bank that is accepting bitcoin here in our country(Philippines) but not as a investment to them. They are accepting bitcoin as a payment on every transaction that will make to them. It would take time before a bank will accepts bitcoin as an investment and I think it is not a good idea to invest it in the bank, because there is a possibility that they would just take the advantages of what bitcoin has, I mean bitcoin price is fluctuating, right now, it is fluctuating on good prices, unlike before. So the investment profit that we could get in the bank is fixed, while, if we are going to hold it, and keep it in our wallet, we could have more profits than we could get in the bank. So, If I were you, I'd rather keep it, hold it, and keep on growing it, until its price goes up on sky again. |
|
|
|
|
Alicia Keys
Newbie
Offline
Activity: 11
Merit: 0
|
|
February 20, 2017, 02:07:28 PM |
|
Bank accepts bitcoin is not the news, there is an intermediate machine which is bitcoin teller machine(ATM in bitcoin, aka BTM), so you can transfer money into check, bitcoin, fiat, bank account balance.
|
|
|
|
|
|
ibuddy122505
|
|
February 20, 2017, 02:36:28 PM |
|
There are so many countries who are accepting Bitcoin around the world also there bitcoin have legal activities so we can make transactions easily in our around like shop others. In this senses banks accepts bitcoin indirectly, or that does not mean they regarded as official currency Bitcoin. That means you can use exchanges to send forth to your bank.
|
|
|
|
|
klf
Legendary
Offline
Activity: 1344
Merit: 1000
|
|
February 20, 2017, 02:43:11 PM |
|
There are so many countries who are accepting Bitcoin around the world also there bitcoin have legal activities so we can make transactions easily in our around like shop others. In this senses banks accepts bitcoin indirectly, or that does not mean they regarded as official currency Bitcoin. That means you can use exchanges to send forth to your bank.
I don't see there are so many countries accept Bitcoin as a legal currency. Only a few countries accepted Bitcoin as legal currency. And some shops are accepting bitcoin directly but not in all countries. If a bank wants to accept Bitcoin means Still bitcoin want to become more popular and we have to increase bitcoins users more then only it will be possible. |
|
|
|
|
Abrams_PM
Newbie
Offline
Activity: 15
Merit: 0
|
|
February 20, 2017, 02:59:56 PM |
|
Bank accepts bitcoin is not the news, there is an intermediate machine which is bitcoin teller machine(ATM in bitcoin, aka BTM), so you can transfer money into check, bitcoin, fiat, bank account balance.
I don't trust checks. I trust the living money. If you are in any country of the dollars you take in any Bank or even any taxi driver will refuse to take you for the bucks. With bitcoin it is not so. I don't like to risk once again. |
|
|
|
|
|
doomistake
|
|
February 20, 2017, 03:05:08 PM |
|
Bank accepts bitcoin is not the news, there is an intermediate machine which is bitcoin teller machine(ATM in bitcoin, aka BTM), so you can transfer money into check, bitcoin, fiat, bank account balance.
I've never heard of this one, but how come that there would be an ATM machine if there is no bank, I mean, who would supply the money on that certain ATM, right? Correct me if I am wrong. It might be hard if it would be that mere ATM processing and managing bitcoins and fiat on it, maybe there is a "Bank" that is supplying that ATM that you were saying, or a company maybe. Right now, banks that accepts bitcoin doesn't exist, maybe on the next years there will be some banks that will accept bitcoins, but I don't think that investing bitcoin on the Banks is a good idea, I would prefer storing it on my wallet and wait for its price to go up, to have bigger profits than investing in the banks, if there would be. |
|
|
|
|
deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
|
|
February 20, 2017, 03:09:04 PM |
|
Bank accepts bitcoin is not the news, there is an intermediate machine which is bitcoin teller machine(ATM in bitcoin, aka BTM), so you can transfer money into check, bitcoin, fiat, bank account balance.
I've never heard of this one, but how come that there would be an ATM machine if there is no bank, I mean, who would supply the money on that certain ATM, right? Correct me if I am wrong. It might be hard if it would be that mere ATM processing and managing bitcoins and fiat on it, maybe there is a "Bank" that is supplying that ATM that you were saying, or a company maybe I'm not very familiar with this matter, but I heard about these ATMs many times myself. As I understand it, you don't need to be a bank to place such machines. You may simply strike an agreement with a real bank and they will be offering such service on your behalf while you will be covering their expenses through different payment channels. For example, you can withdraw fiat from your bank account using an ATM belonging to another bank With Bitcoin, it is essentially the same |
|
|
|
|
Rostadom
|
|
February 20, 2017, 03:14:54 PM |
|
Bank accepts bitcoin is not the news, there is an intermediate machine which is bitcoin teller machine(ATM in bitcoin, aka BTM), so you can transfer money into check, bitcoin, fiat, bank account balance.
I've never heard of this one, but how come that there would be an ATM machine if there is no bank, I mean, who would supply the money on that certain ATM, right? Correct me if I am wrong. It might be hard if it would be that mere ATM processing and managing bitcoins and fiat on it, maybe there is a "Bank" that is supplying that ATM that you were saying, or a company maybe. Right now, banks that accepts bitcoin doesn't exist, maybe on the next years there will be some banks that will accept bitcoins, but I don't think that investing bitcoin on the Banks is a good idea, I would prefer storing it on my wallet and wait for its price to go up, to have bigger profits than investing in the banks, if there would be. It can also be the reverse, you can instead buy bitcoins from an ATM. Here's an actual footage of someone using a bitcoin ATM just so you guys know that this is in fact existing, maybe not in your place though. Here's another video where someone is using Robocoin. Everybody finds Robocoin as too much work. You should check out the video to see how much the guy needed to do to be able to use it. |
|
|
|
|
|
soul-impact
|
|
February 20, 2017, 04:39:44 PM |
|
There are so many countries who are accepting Bitcoin around the world also there bitcoin have legal activities so we can make transactions easily in our around like shop others. In this senses banks accepts bitcoin indirectly, or that does not mean they regarded as official currency Bitcoin. That means you can use exchanges to send forth to your bank.
I don't see there are so many countries accept Bitcoin as a legal currency. Only a few countries accepted Bitcoin as legal currency. And some shops are accepting bitcoin directly but not in all countries. If a bank wants to accept Bitcoin means Still bitcoin want to become more popular and we have to increase bitcoins users more then only it will be possible. We have to admit that truth. Not many countries are interested about this cryptos. It totally against the centralized system and the banks, as well as the government, do not want to use it at all. Due to those reasons, some countries even prohibit Bitcoin and using Bitcoin is considered as an illegal activity. Luckily, my country does not care about Bitcoin much and I can still use Bitcoin widely to purchase many things here |
|
|
|
|
