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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
delliaerd
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December 08, 2016, 03:52:20 AM
 #281

At least in my country I have not found any bank interested in accepting bitcoin as a regular currency, despite my great efforts to find financial institutions where I can carry out some transactions via bitcoin. In addition, the government of my country has been very critical with the use of bitcoin here.

obviously mate, i agree with your statement that for nowadays is difficult to found a bank in the country especially in growing country like my country.
there is only can counting with your finger to found a bank accept bitcoin. so in my point of view it's will be somethings new in society and surely bitcoin will more popular .

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December 08, 2016, 04:09:07 AM
 #282

At least in my country I have not found any bank interested in accepting bitcoin as a regular currency, despite my great efforts to find financial institutions where I can carry out some transactions via bitcoin. In addition, the government of my country has been very critical with the use of bitcoin here.

obviously mate, i agree with your statement that for nowadays is difficult to found a bank in the country especially in growing country like my country.
there is only can counting with your finger to found a bank accept bitcoin. so in my point of view it's will be somethings new in society and surely bitcoin will more popular .

At the moment there's no bank accepting Bitcoin so you don't need to look for any. I heard of Switzerland, the central bank is planning to accept Bitcoin as far as I know. I doubt any bank will ever do that unless they'll create their own cryptocurrency that will become a competitor for Bitcoin.
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December 08, 2016, 04:12:25 AM
 #283

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.

How I wish there are banks that accept Bitcoin here in our country but I doubt if there will be in this present time,they will have to bend their rules about transparency if they will accept bitcoin and they must make a new rules for them to accept bitcoin.


Yes there is one bank in my country accepts bitcoin but through online wallet cash-out which they are partners in transactions of wallet to bank cash-out of converted fiat currency but not a btc value will be processed by the bank. My current bank right now was still on the plans which they maybe having bitcoin transactions be fully implemented that can be directly transact convertion of btc to fiat currency like using atm machines will have optional bitcoin menu and that would be great development in the future.
yes really that will be a great development, may be in some other areas banks will be thinking about accepting bitcoin because bitcoin is becoming popular day by day, and the users are increasing continuously.
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December 08, 2016, 04:20:04 AM
 #284

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 am not sure , if there is the bank maybe just there is in country accepting bitcoin and support bitcoin
I have no seen one that accepts and it will not accept bitcoin even in the future. Bitcoin is an independent currency that is decentralized unlike the legal currency that is controlled by the government so that reality alone will already explain that bitcoin cannot be accepted. It has to determine first on how to clarify bitcoin, may it be a currency a property or something.

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December 08, 2016, 04:26:16 AM
 #285

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.

How I wish there are banks that accept Bitcoin here in our country but I doubt if there will be in this present time,they will have to bend their rules about transparency if they will accept bitcoin and they must make a new rules for them to accept bitcoin.
I also would like this right now no bank that I know is accepting the bitcoin so that is pretty bad, hoping that this will change anytime soon.
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December 08, 2016, 06:04:30 AM
 #286

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.

Direct to the point to your question is No!, there is no such any bank nowadays who accept bitcoin , it is because if that happen for real the the ideal of it will definitely be damage and also the definition of bitcoin will be inconsistent. Therefore, it will be no longer decentralized at all.
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December 08, 2016, 06:18:43 AM
 #287

Not that i know at the moment. However, big bank like UBS are using cryptocurrency more and more (Ethereum, Ripple) and they have declared that they have copuple of others project with it. So I do belive is gonna happen sooner or later.

In Switzerland you can already pay taxes with bitcoin so it's a matter of time before they start accepting it.
Incredible for me ,they are really innovators. At least they dont use their own crypto ?
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December 08, 2016, 06:23:40 AM
 #288

I think the banks should immediately accept bitcoin. This is very important, because a bitcoin can change all kinds of financial transactions.
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December 08, 2016, 06:25:47 AM
 #289

I dont see any yet in my place. Just a website wallet account connected in a bank so that is not counted as one. Maybe they dont even know the users are withdrawing from bitcoin.
Question is are they willing to make a spot for bitcoin or even bother to have knowledge in how it can be used.

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December 08, 2016, 06:26:08 AM
 #290

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December 08, 2016, 09:22:47 AM
 #291

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 banks are not accepted bitcoin. Withdraw tha money and buy bitcoin.
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December 08, 2016, 09:30:57 AM
 #292

There were some articles that banks are working on something like blockchain but it is not bitcoin and I dont think they will accept bitcoin in the next few years.
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December 08, 2016, 09:38:37 AM
 #293

There were some articles that banks are working on something like blockchain but it is not bitcoin and I dont think they will accept bitcoin in the next few years.
I guess you're referring to the government that going to use blockchain system and not a bank. Blockchain system itself really good for the government by its transparency and every fund movements can be traced easily and the blockchain system is not bitcoin. blockchain just a system that's used by bitcoin so it's right that they're not going to accept bitcoin as their national currency for now

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December 08, 2016, 12:52:29 PM
 #294

Maybe we can compare the invention of the wheel with the invention of the blockchain  Cheesy

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December 08, 2016, 12:57:09 PM
Last edit: December 08, 2016, 03:11:17 PM by sevendust777
 #295

Here in my country there is no such banks that accept bitcoin...
Even bitcoin atm machine I did not see any in my country...
If ever that would happen, it will take some time that will accepting banks...

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December 08, 2016, 01:33:12 PM
 #296

there is absolutely no need for banks to be accepting bitcoin what so ever.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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December 08, 2016, 01:50:10 PM
 #297

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 there is no one site that can accept Bitcoin . But maybe there can be in the some years because in these days new new services are coming in the Bitcoin market ,So it is possible that the idea of Bitcoin bank will come in the Bitcoin Market .
But I will suggest you for zebpay , here you need to verify Your KYC detail then You can make direct deal with this wallet .
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December 08, 2016, 01:52:43 PM
 #298

I think the banks should immediately accept bitcoin. This is very important, because a bitcoin can change all kinds of financial transactions.
I agree with you . someday bitcoin currency can be a very widely used. if the bank is prepared from now then I am sure they will be able to benefit in the future. many people are hoping that the BANK to accept bitcoin.
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December 08, 2016, 02:01:22 PM
 #299

I think the banks should immediately accept bitcoin. This is very important, because a bitcoin can change all kinds of financial transactions.
I agree with you . someday bitcoin currency can be a very widely used. if the bank is prepared from now then I am sure they will be able to benefit in the future. many people are hoping that the BANK to accept bitcoin.
Don't wait for it. Banks want to maintain the current level of control that they have over their customers. If they happen to accept Bitcoin one day, then this control will be gone.

Other than that, I don't even want banks to accept Bitcoin. I am happy that I am my own bank right now with total control over every aspect of my financial situation.

Why on earth would I give up on that for a bank accepting Bitcoin? It would put me back right where it all started when the bank had control over all my money.

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December 08, 2016, 02:05:21 PM
 #300

Haven't heard about the bitcoin bank acceptance but i know one thing that xappo wallet offers xapo atm/debit card which is applicable worldwide.
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