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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
Shenzou
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December 10, 2016, 06:37:49 PM
 #321

Well i know that netller accepts bitcoin but i don't know if it is considered a bank but you can deposit bitcoin there and it will automatically convert it into fiat money ,you can request their debit card after you create an account and it is only 10 $ so it is not that expensive compared to the other bitcoin debit card which you have to pay 1$ monthly
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December 10, 2016, 06:53:15 PM
 #322

i think no one bank accept bitcoin because bitcoin has no physical shape and bitcoin is not approved by any government and we can use bitcoin for online shopping because bitcoin is digital currency its depend by internet.
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December 10, 2016, 08:01:08 PM
 #323

i think no one bank accept bitcoin because bitcoin has no physical shape and bitcoin is not approved by any government and we can use bitcoin for online shopping because bitcoin is digital currency its depend by internet.

Things may change eventually

Fiat that banks work with is also mostly in digital form, and it doesn't have physical presence either. Once Bitcoin gets approved and regulated as a foreign currency (which seems to be a right idea anyway), there shouldn't be any particular issues with banks offering Bitcoin services such as lending, apart from these services not being very profitable themselves, of course, i.e. not many people being interested in them

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December 10, 2016, 08:26:02 PM
 #324

In my country currently there is no ant bank which is accepting bitcoin because to them it is not allowed by the government and they do not allow it because of the reason that its transactions are anonymous and they are saying that it will be then against their rules.
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December 10, 2016, 08:29:05 PM
 #325

No it dont accept i think you can exchange bitcoin for bank money with bitkonan site really easy you will get your payment to your bankkaccount in 24 hours really easy.
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December 11, 2016, 03:57:21 AM
 #326

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.

Unlike what they have. Security of ones information is in their hands unlike in bitcoins, just email, name and just some other common information is given. But then, we hope that someday bank can accept bitcoin for its easy access to everyone which we really want in every transaction we have.

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December 11, 2016, 04:07:13 AM
 #327

i think no one bank accept bitcoin because bitcoin has no physical shape and bitcoin is not approved by any government and we can use bitcoin for online shopping because bitcoin is digital currency its depend by internet.
for now I like it. but bitcoin is growing and leading to better things again. some national governments have accepted bitcoin as a financial payment media in the country. gradually I am sure the bank will agree to enter bitcoin into their list.
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December 11, 2016, 07:41:11 AM
 #328

maybe not all banks accept, because of security porpuses...but also it depend to the bank..
I am pretty sure that no bank in the world accepts Bitcoin. Bitcoin just hasn't been around long enough for people to invest extremely large amounts of money into it. And that is the only way that you can start a bank.
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December 11, 2016, 08:54:43 AM
 #329

There is a smoke/tobacco shop twoish hours away from me that accepts bitcoins and kind of sells them and it's across the street from a bank.
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December 11, 2016, 10:04:11 AM
 #330

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 really don't know but I think here in my country many banks that has already embraced bitcoin because some services on the web wallet that I am currently using I saw something while I am exploring their services which is you can pay your credit card bills from different banks with both fiat and bitcoin . that's why I am thinking that some banks here in my country are already accepting bitcoin
raja2sumi
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December 15, 2016, 05:35:06 PM
 #331

well in our country i have not seen any banks that accept bitcoins but t would be interesting to know if people in united states pay bank through bitcoins .then it would be revolutionary and then in the near future banks would be the mining centres.

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December 15, 2016, 09:12:49 PM
 #332

Nope the most are not what is logical the bitcoin should first get bigger to let this happen, we are still very far from this right now!
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December 15, 2016, 09:22:19 PM
 #333

yes  its a russian bank accept bitcoin and you can make money from it if you want it work on forex and give 3% for your investment daily excluding forex holidays   try it  its the best  http://adyou.me/iaHN
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December 16, 2016, 02:34:55 AM
 #334

well in our country i have not seen any banks that accept bitcoins but t would be interesting to know if people in united states pay bank through bitcoins .then it would be revolutionary and then in the near future banks would be the mining centres.
If bank will allow bitcoin to be integrated in their system, they will certainly make a public announcement about it, it's new in the community and considering only few number of population knows about bitcoin, some might be skeptical and they need to be educated. On the other hand, it will help the bitcoin economy to progress more due to the increase of popularity.

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December 16, 2016, 03:19:54 AM
 #335

I don't think bank will allow Bitcoin in their service, cause untill now as my knowledge there's no country announce Bitcoin as a valid currencies so cause bank will follow what a goverment rule, but if bank accepted Bitcoin in their service can make Bitcoin more popular and maybe will be give advantage for Bitcoin community

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December 16, 2016, 04:54:39 AM
 #336

I don't think bank will allow Bitcoin in their service, cause untill now as my knowledge there's no country announce Bitcoin as a valid currencies so cause bank will follow what a goverment rule, but if bank accepted Bitcoin in their service can make Bitcoin more popular and maybe will be give advantage for Bitcoin community
They are not seeing bitcoin as a currency while banks only accepts currency deposits and valuable assets. Bitcoin is not in their system and there's no government ruling to consider it as an asset and people are allowed to use legally.

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December 16, 2016, 04:59:47 AM
 #337

There are not that many banks out there that accepts bitcoin, when bitcoin is their direct competitor especially on international transfers. However, a lot of banks are actually looking into using blockchain technology to create an immutable database of transactions.

In my country if they find out you are buying bitcoin via bank transfer they might actually freeze the seller's account.
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December 16, 2016, 05:05:46 AM
 #338

There are not that many banks out there that accepts bitcoin, when bitcoin is their direct competitor especially on international transfers. However, a lot of banks are actually looking into using blockchain technology to create an immutable database of transactions.

In my country if they find out you are buying bitcoin via bank transfer they might actually freeze the seller's account.

Not even a single bank i find out in my city and country. If bank accepts bitcoin means then we could make interest also with the bitcoin saving. This is a only disadvantage in btc then this will also rectify by that.
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December 16, 2016, 05:40:32 AM
 #339

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.
So far I don't know for sure, I don't find any bank accepted bitcoin unless a bank try to convert bitcoin into fiat money to storing them.
We have been heard since few months ago the news about banks looking towards blockchain technology to adopt it but not bitcoin. Because blockchain as distributed ledger could allow these banks to track every cent along every step of its journey for every transaction in real time. They just consider it and may take decision in the next year.
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December 16, 2016, 06:08:13 AM
 #340

There are not that many banks out there that accepts bitcoin, when bitcoin is their direct competitor especially on international transfers. However, a lot of banks are actually looking into using blockchain technology to create an immutable database of transactions.

In my country if they find out you are buying bitcoin via bank transfer they might actually freeze the seller's account.

Not even a single bank i find out in my city and country. If bank accepts bitcoin means then we could make interest also with the bitcoin saving. This is a only disadvantage in btc then this will also rectify by that.

until now, i can not found any bank in my city accept bitcoin too and my government is not talking about bitcoin in every where, maybe they even don't know if bitcoin is exist. maybe for the next year, someone in the government and the bank will realize this and will studied about bitcoin so they can learn more about bitcoin. i think bitcoin is only know by a few people in here.

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