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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
DimensionZ
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December 14, 2015, 07:05:27 AM
 #21

In France, Paymium is officially recognized (and you can use it in many European countries).
You can use services that will be "like a bank". Xapo for example will keep your bitcoins and give you a debit card to withdraw and pay in FIAT, that can be considered as a very simple banking service.
You can also "lock" your stash into USD on a service like coinapult, it can be useful for small e-commerce if you don't want to deal with volatility and also don't want to deal with -for example- BitPay.

That is interesting but is there a service that will pay you an interest for holding your bitcoins?

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December 14, 2015, 07:10:59 AM
 #22

In France, Paymium is officially recognized (and you can use it in many European countries).
You can use services that will be "like a bank". Xapo for example will keep your bitcoins and give you a debit card to withdraw and pay in FIAT, that can be considered as a very simple banking service.
You can also "lock" your stash into USD on a service like coinapult, it can be useful for small e-commerce if you don't want to deal with volatility and also don't want to deal with -for example- BitPay.

That is interesting but is there a service that will pay you an interest for holding your bitcoins?
Yes, exactly the point of this thread. I'm sure that when banks realize that BTC is here to stay, we'll see them offer interests to get people to store their BTC with them.

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December 14, 2015, 07:50:15 AM
 #23

In France, Paymium is officially recognized (and you can use it in many European countries).
You can use services that will be "like a bank". Xapo for example will keep your bitcoins and give you a debit card to withdraw and pay in FIAT, that can be considered as a very simple banking service.
You can also "lock" your stash into USD on a service like coinapult, it can be useful for small e-commerce if you don't want to deal with volatility and also don't want to deal with -for example- BitPay.

That is interesting but is there a service that will pay you an interest for holding your bitcoins?
Yes, exactly the point of this thread. I'm sure that when banks realize that BTC is here to stay, we'll see them offer interests to get people to store their BTC with them.
Yes, there are som startups who claim to be bitcoin bank and pay interests for bitcoin deposits, like haoBTC, JUA.I know many ppl would rather keep it themselves.


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December 14, 2015, 08:03:13 AM
 #24

Banks ve always been fast on embracing something they can use and profit from and this is why they ll embrace blockchain fast. Bitcoin, on the other hand, is a form of direct competition to their services and it even makes them redundant. This is why I think we ll wait for at least couple more years for banks to embrace BTC.

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December 14, 2015, 08:45:53 AM
 #25

they specifically  said that they hate bitcoin, by talking about their own blockchain with their own coins, so why there should be one? also the fact that it is not regualted in many country, kinda put the bank off

it may change in the future, if bitcoin will gain some huge traction
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December 14, 2015, 08:56:07 AM
 #26

they specifically  said that they hate bitcoin, by talking about their own blockchain with their own coins, so why there should be one? also the fact that it is not regualted in many country, kinda put the bank off

it may change in the future, if bitcoin will gain some huge traction
Not actually. Many banks in the world are exploring bitcoin and blockchain technology, try to take advantages of them.like
http://www.reuters.com/article/us-banks-blockchain-idUSKCN0RF24M20150915
http://cointelegraph.com/news/114889/10-big-banks-that-are-seriously-looking-into-blockchain-technology
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December 14, 2015, 09:05:07 AM
 #27

cryptopay.me offers a lot of bank related services along with a debit card to spend your btc with the card. It doesn not offer any interests on your holdings but it seems running since a while now and quite established.
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December 14, 2015, 10:08:42 AM
 #28

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, I saw a bank in Ukraine that accepts bitcoin.

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December 14, 2015, 10:34:52 AM
 #29

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.
Well, what do you think about this article  Roll Eyes Roll Eyes

https://www.cryptocoinsnews.com/ukraines-largest-bank-helps-integrate-bitcoin-as-a-payment/
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December 14, 2015, 11:48:05 AM
 #30

they specifically  said that they hate bitcoin, by talking about their own blockchain with their own coins, so why there should be one? also the fact that it is not regualted in many country, kinda put the bank off

it may change in the future, if bitcoin will gain some huge traction
Not actually. Many banks in the world are exploring bitcoin and blockchain technology, try to take advantages of them.like
http://www.reuters.com/article/us-banks-blockchain-idUSKCN0RF24M20150915
http://cointelegraph.com/news/114889/10-big-banks-that-are-seriously-looking-into-blockchain-technology

yes they are exploring it, because thye want to make a centralized copy of it, they will not use bitcoin, because they can not control it
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December 14, 2015, 11:50:58 AM
 #31

Bank will rather adopt blockchain technology than bitcoin. They will create their own blockchain network but i think it will be centralized one. Till now no any banks support or accept bitcoin.

 
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December 14, 2015, 12:01:11 PM
 #32

Circle seems to have ambitions at being a bank. But then, that would go against one of the original mantras for Bitcoin........'Be Your Own Bank'
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December 14, 2015, 12:10:23 PM
 #33

Well I prefer to be myself my own bank so that I can't pay taxes just some fees when I convert it to fiat.
I would like just to see some atm for bitcoins.
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December 14, 2015, 01:01:04 PM
 #34

does any horse take petrol?

Society doesn't scale.
BitsandBites
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December 14, 2015, 01:05:46 PM
 #35

Not that I know of. Would be nice if this was available.
Then again, banks do have their cons, only just thinking about the fees when I have to exchange with a bank is making me hold off from that.
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December 14, 2015, 01:21:05 PM
 #36

What would the point be? Most of us are trying to rid ourselves from high fees and poor service and lastly centralized control over our finances. The banks will become our major

competition in the next few years, with their centralized private ledgers. They have alienated many people over the years, and it is time for us to disrupt this scene and get rid of

them once and for all. You would not know, if you were not one of the unbanked people of the world... or the customer who lost almost all their funds in a credit card scam.  Roll Eyes

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December 14, 2015, 01:41:25 PM
 #37

I don't think there is any Bank yet which accepts Bitcoins as a currency.
Furthermore i think.. noone would deposit bitcoins there.

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December 14, 2015, 01:53:40 PM
 #38

I haven't seen some banks that accept bitcoins.
I just want that bitcoin will just increase in the future.
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December 14, 2015, 02:02:30 PM
 #39

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 ideal.
Your statement is wrong, it's not about the anonymity of Bitcoin. It's about the decentralization of Bitcoin
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December 14, 2015, 02:06:11 PM
 #40

I haven't seen some banks that accept bitcoins.
I just want that bitcoin will just increase in the future.

Yes, some UK banks accept bitcoin only for donations not for funding own savings account or other things.
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.
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