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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
arbitrage
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February 09, 2016, 01:37:00 PM
 #81

Only money they love! Cheesy
But you can still go to exchanges and windraw to your account in bank.
For me this is just fine. No regulations no control..This is real purpose of bitcoin, trading far from Banks!
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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youdamushi
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February 09, 2016, 01:51:59 PM
 #82

if there were a bitcoin bank (a bank that accepts bitcoin as investment like regular banks) that would be so cool. hard to trust, but very useful.
but the other way around which means the regular banks (which are working with fiat) accepting bitcoin, there is just no way. bitcoin is threatening their very own existence.

Why useful? In which way would that be useful???
The main point of btc is that you're your own bank! What the hell would be the point of a bank???
The interest? You mean that bloody 0.5% the banks give you while they use your money to kill the economy? Seriously???


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February 09, 2016, 02:01:13 PM
 #83

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.

Theres lot of places to accept Bitcoin! I think banks look Bitcoin is a threat and build they own system.
Thats what happens in Finland
You can change your coins to dollars/euros  Roll Eyes. Dollar is accept allmost anywhere Smiley

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February 09, 2016, 02:02:31 PM
 #84

Only money they love! Cheesy
But you can still go to exchanges and windraw to your account in bank.
For me this is just fine. No regulations no control..This is real purpose of bitcoin, trading far from Banks!

Yes i think it's nowadays pretty easy to exchange Bitcoins into fiat and then easily send this money to any banking account online and offline
And that's another reason to believe that Bitcoin is real money
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February 09, 2016, 02:34:05 PM
 #85

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.
I am always using their service to deposit my money into may bank account. I thought that in some countries they not accept bitcoin but here in my place they accept it..

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February 09, 2016, 02:36:27 PM
 #86

i have only heard about some -not so popular- places on the internet that called themselves bitcoin bank and supposedly given interest, but they were all scams as far as i am aware.

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February 09, 2016, 02:37:21 PM
 #87

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.
several month ago i'm not sure that banks will considering to accept bitcoin,but some article talk different,and make me wonder,is this true?
here the article https://www.cryptocoinsnews.com/400-european-banks-accept-bitcoin-purchase-agreement/
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February 09, 2016, 04:36:02 PM
 #88

I doubt any financial institution in general will accept bitcoin directly, 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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February 09, 2016, 04:45:44 PM
 #89

I dont think so bank would accept bitcoin..
I see some bank dislike btc bcause btc could make a bank dissapear in future..and also btc is a digital currencies..i think bank just accepted deposit and cash..isnt it like that?correct me if im wrong..
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February 09, 2016, 04:55:58 PM
 #90

I dont think so bank would accept bitcoin..
I see some bank dislike btc bcause btc could make a bank dissapear in future..and also btc is a digital currencies..i think bank just accepted deposit and cash..isnt it like that?correct me if im wrong..

banks aren't too worried about bitcoin replacing them. but they don't like things they can't fully control. if you deposit money into your bank account, they have full control over your money. they can freeze it whenever they want, they can simply ask you what the purpose is of moving funds away before they are even moved. with bitcoin they can't do any of that. they have zero control over you. that's something they are afraid of.
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February 09, 2016, 06:31:53 PM
 #91

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.

Banks hate BTC concept. So I don't think they adopt BTC... Maybe 3rd party companies can do it...
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February 09, 2016, 06:58:28 PM
 #92

i really dont think so, at least not in my country, actually banks usually dont like bitcoin because it is a threat to him that it will overtake the whole banking system so i think its pretty impossible right now

 
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February 09, 2016, 07:15:09 PM
 #93

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.

My banks in my country did not start it yet, maybe in the near future they start it accepting.
But if they were available in physical form recognized by some major power then they will accept it without any delay.
while for virtual!! I don't know that what will be their decision.
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February 09, 2016, 07:20:41 PM
 #94

In the Netherlands Ideal is blocked for buying BTC. Not sure if there are any solutions with normal bankaccount to buy BTC. Sad people aren't free to do what they want with there money.
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February 09, 2016, 07:23:12 PM
 #95

No, bank not accept bitcoin as a currency because the point of bitcoin it's anonymous but you can use exchanges to send fiat to your bank.
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February 09, 2016, 07:26:05 PM
 #96

no they dont accept any bitcoin payments as they are against bitcoins

 
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February 09, 2016, 07:31:32 PM
 #97

no they dont accept any bitcoin payments as they are against bitcoins
yeah i never heard that any bank accept bitcoin or something else, but i heard that world bank's interested in blockchain, i think blockchain yes but bitcoin unfortunately not, they can't accept it
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February 09, 2016, 07:46:17 PM
 #98

no they dont accept any bitcoin payments as they are against bitcoins
yeah i never heard that any bank accept bitcoin or something else, but i heard that world bank's interested in blockchain, i think blockchain yes but bitcoin unfortunately not, they can't accept it


Exactly, even I haven't heard that any bank accepting bitcoins, and that is not possible, as banks are facing tough competition from bitcoins, so I don't think that banks will come in support of bitcoins in near future.

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February 09, 2016, 08:13:49 PM
 #99

No not that i believe.... banks are focusing on the technology behind bitcoin rather then using BTC itself

They're probably trying to copy off bitcoin success, but the thing they are not realizing is that for it to work, it would also require decentralization,
and that's not something they will ever make as it doesn't yield them profit.

I think that in near future, when they realize that they can not fight bitcoin, they will stop making problems for people to buy/sell bitcoins via bank accounts
like they're trying at some places right now, but they will always try to undermine it, it's only logical that they do so, as it is their rival.
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February 09, 2016, 08:34:37 PM
 #100

I really don't think that it would be possible in near future, as banks will never support bitcoins, banks and governments are against bitcoins, and bitcoin is a threat to banking system, so that is impossible.

 
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