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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
xIIImaL
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April 22, 2017, 11:09:21 AM
 #761

No banks doesnt support bitcoin, if they find you are using them to trade or invest over crypto they will find a way to frozen your funds or close your account or terminate it, soo no banks are part of bitcoin support, they like the blockchain technology but not interested into bitcoin.
I think even if they do not accept bitcoin, they will not detain or suspend your account if you use bitcoin though. banks will not be too out of it


Check the threads in this section itself. I have gone through the thread says Swiss banks has been accepted bitcoin. Its shows the potential of bitcoin over finance. People will be large in numbers every day moving towards bitcoin.
I have read in Coindesk few months before Citi bank US planned to start accepting bitcoin to deposit the money in the account. I hope that official confirmation from them will be released soon and many bank around the world will accept the bitcoin more sooner.
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April 22, 2017, 02:20:22 PM
 #762

I think my country does? Hmm i don't know because while im selling my bitcoin from our based wallet here in my country and im always choosing bank account where to deposit my money when im selling bitcoin im choosing bank for me to easy sell with in 5 minutes and that bank will text me that money is waiting for me. Also the code to withdraw the money.

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April 22, 2017, 02:30:10 PM
 #763

No banks doesnt support bitcoin, if they find you are using them to trade or invest over crypto they will find a way to frozen your funds or close your account or terminate it, soo no banks are part of bitcoin support, they like the blockchain technology but not interested into bitcoin.
I think even if they do not accept bitcoin, they will not detain or suspend your account if you use bitcoin though. banks will not be too out of it


Check the threads in this section itself. I have gone through the thread says Swiss banks has been accepted bitcoin. Its shows the potential of bitcoin over finance. People will be large in numbers every day moving towards bitcoin.
I have read in Coindesk few months before Citi bank US planned to start accepting bitcoin to deposit the money in the account. I hope that official confirmation from them will be released soon and many bank around the world will accept the bitcoin more sooner.
Citibank is supposed to start accepting Bitcoin sometime soon? I never heard about that but it wouldn't surprise me either. I can envision them doing something like that, but I don't know why they'd want to do it now. I remember that Swiss bank that started to accept Bitcoin, and I think that was a pretty good boost for Bitcoin there, but Switzerland seems like it's more Bitcoin-friendly on average than a lot of other countries so it was almost expected at a point.

Probably going to see a bunch more new laws for this stuff, that's not exactly going to be fun.
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April 22, 2017, 02:30:35 PM
 #764

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 thinking about bank accept bitcoin , many bank not believe bitcoin so very difficult for see about bank and bitcoin be the one Smiley
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April 22, 2017, 04:10:07 PM
 #765

When you can store your money in encrypted files and move it around the world from your desktop, why do you need banks?

I'm grumpy!!
whizter
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April 22, 2017, 07:11:49 PM
 #766

I'm not aware of any banks that accept Bitcoins. They may never provide this service since it is not a government issued currency but maybe after some time that will change.
yes i also do not think that there is any single bank who are accepting bitcoin, but i am sure that when the government will accept bitcoin then. i think the banks will also start accepting bitcoin fa long long time

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April 22, 2017, 11:55:02 PM
 #767

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Embrace does not mean accept? Maybe that should be targeted by bitcoin. At least banks can embrace bitcoin. As banks accept the deposit option with bitcoin. Of course it would be very nice. But no bank has embraced bitcoin yet
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April 23, 2017, 06:48:47 AM
 #768

So

Banks would not accept Bitcoin according to "Duh darn dorks ofc banks hate bitcoins come on dude" and im like "how could they not accept bitcoin?"

then "embrace" is the new word, "why would banks E M B R A C E bitcoin, dear?" i mën come on HOW could they deny? How could they deny any altcoin at all?

When I transfer money from my bank international i can only choose from dollar and euro. Banks in some areas ALL AROUND THE WORLD are socialist banks and commie banks and some have done good deals and some have done bad deals, some is probably interesting in this new payment system as crypto revolutionary introduces, and some are not, some have big loans and problems within it.

As long as some robot(which miners in some digital way of viewing it, is.) maintain this network it will continue and the confidence for it have blooming. There are good banks out there, i know at least some good people who work at banks, so don't have so low opinions about a system who in the end had a major monetary issue with alot of problem with alot of human activity involved.


Even though Scandinavia bankingsystem is what it is, I still enjoy talks like this http://www.riksbank.se/en/Press-and-published/Speeches/2016/Skingsley-Should-the-Riksbank-issue-e-krona/ imagine if they did it open source and with an ICO for the people to get, hehe futuristic shit! It would be cool to have a wallet with E-krona, Ethereum, Monero, LTC, DASH and some chunks Bitcoin for my grandchildren. I believe currencys shouldd co-exist and for different purposesessses.

The money of transferring easy cheap whenever we choose is clearly telling a message all through out the global market, that is for sure.
on top of that, there is a confidence and trust more valid than anything before as a way of measure and trading value.
 

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April 23, 2017, 10:20:31 AM
 #769

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Embrace does not mean accept? Maybe that should be targeted by bitcoin. At least banks can embrace bitcoin. As banks accept the deposit option with bitcoin. Of course it would be very nice. But no bank has embraced bitcoin yet

Banks will never accept bitcoin as currency but they will recognize it as a payment system, but in that case we need a third party and usually it is the exchange sites that will bridge us. Every country has different currency and even in cryto world we have different cryto currencies but it so happen bitcoin is more popular.

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April 23, 2017, 10:39:11 AM
 #770

https://www.cryptocoinsnews.com/400-european-banks-accept-bitcoin-purchase-agreement/ and https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/. there are some of the First banks who are really started to accept bitcoins right now. Its odd but banks with bitcoin still now the right choice. its hard that they can find any scheme to overcome bitcoin, yes they will but it will take them huge time
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April 23, 2017, 10:50:09 AM
 #771

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Banks are under the government, and banks will comply with all government regulations and requests. You know the government is very anti against bitcoin. So practically no bank will adopt bitcoin
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April 23, 2017, 11:19:31 AM
 #772

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Banks are under the government, and banks will comply with all government regulations and requests. You know the government is very anti against bitcoin. So practically no bank will adopt bitcoin

I think you are wrong because there are some country which is bitcoin is fully adopted and their government supports this digital currency like china and japan. I think in the near future bitcoin would be more popular in all country in this world and they will adopt it as their second currency.
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April 23, 2017, 12:10:00 PM
 #773

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Banks are under the government, and banks will comply with all government regulations and requests. You know the government is very anti against bitcoin. So practically no bank will adopt bitcoin

I think you are wrong because there are some country which is bitcoin is fully adopted and their government supports this digital currency like china and japan. I think in the near future bitcoin would be more popular in all country in this world and they will adopt it as their second currency.
The country you mentioned are big countries and they could be the leaders for small countries to follow. It is true that it takes
time and if there will be no conflict in the future like the legalities, bitcoin will rise more as we expected.

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April 23, 2017, 02:51:18 PM
 #774

That is difficult, because the bank charges transaction fees like?
How is the state collecting taxes?
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April 23, 2017, 06:06:25 PM
 #775

I bet a few 'banking professionals' accept Bitcoin.
Overall, I dont see Bitcoin being accepted by banks until 2050 Cheesy
i think can not anyone to predict in future or bitcoin in future
maybe in future people in the world interest with bitcoin Smiley
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April 23, 2017, 11:54:31 PM
 #776

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Embrace does not mean accept? Maybe that should be targeted by bitcoin. At least banks can embrace bitcoin. As banks accept the deposit option with bitcoin. Of course it would be very nice. But no bank has embraced bitcoin yet

Banks will never accept bitcoin as currency but they will recognize it as a payment system, but in that case we need a third party and usually it is the exchange sites that will bridge us. Every country has different currency and even in cryto world we have different cryto currencies but it so happen bitcoin is more popular.
to me i also think so that still there is not a single bank who are accepting bitcoin, i think they are waiting for the governments, when governments will accept bitcoin as legal currency then they will also accept bitcoin for depositing and withdrawal.

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April 23, 2017, 11:55:19 PM
 #777

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.

No... That's not even how bitcoin works. Why the hell would you gibe your bitcoin to a bank ? For safe keeping ? None of that sentence makes sense.
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April 24, 2017, 03:33:45 AM
 #778

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.

No... That's not even how bitcoin works. Why the hell would you gibe your bitcoin to a bank ? For safe keeping ? None of that sentence makes sense.
yes bitcoin give us freedom from banking systme, why should we put our bitcoins in banks and follow the old traditional banking systme, to me i think the online wallet system is the best system and i will really like to continue it. i think the wallet secureyt should be more tight so that the hacking cahnge should be reduce more and more.
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April 24, 2017, 03:46:33 AM
 #779

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.

No... That's not even how bitcoin works. Why the hell would you gibe your bitcoin to a bank ? For safe keeping ? None of that sentence makes sense.

He is just curious my friend. Curiosity is a good thing.
There will be more answers when everything becomes more digital including sectors that cannot be reached by technology.
As of now, fiat is still reliable and they wont care about another currency if they can still use the traditional one.
If something is revealed to them that will make bitcoin good to their eyes then it might be the start of change.
As population grows with the usage of bitcoin, banks will try to make something that will also connect with that.
Banks are nothing without people so they would need to do some tweaking with their services.

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April 24, 2017, 05:43:48 AM
 #780

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.

Why would they? The banks collectively are embracing SegWit as a way to destroy bitcoin, but that's about it.
Banks are under the government, and banks will comply with all government regulations and requests. You know the government is very anti against bitcoin. So practically no bank will adopt bitcoin

I think you are wrong because there are some country which is bitcoin is fully adopted and their government supports this digital currency like china and japan. I think in the near future bitcoin would be more popular in all country in this world and they will adopt it as their second currency.
to me i although some countries are already thinking about bitcoin to consider it as legal currency but currency not a single country has fully adopt it as their national currency, may be in future they can adopt bitcoin as legal currency, but still not a single country has consider it as legal currency.

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