Does any bank accept Bitcoin?

[EthSports]

Most bank they thought Bitcoin is a kind of competitor to them, so for now none of the banks in the whole are accepting it, but in the I believe bank will join the ride in bitcoin they saw the people are shifting into the concepts of bitcoin in this industry.

[1714916594]

1714916594

[1714916594]

1714916594

[Karmakid]

Bitcoin being accepted by bankks ? yes it is possible but did you mind how bank and bitcoins work?They are different platform and different way of managing money,banks is for centralization of currency and bitcoins is a decentralized currency so i dont think this will happen

[mrjoy15]

In order for a bank to start accepting bitcoin, there has to be an agreement reached. Perhaps a third party bitcoin provider but this would surely have additional costs attached to it. And right now, there is really no need for bitcoin to be accepted in banks because bitcoin can serve that purpose already. I also doubt if bank tellers know anything much about bitcoin as they sometimes are not even familiar with their own services.

I fully agreed with you. While talking about this issue there will come more regulations, instructions, agreement, etc. I can't think of any bank accepting bitcon, they ever will do this. So far, Its long term thinking and mostly Bitcoin violate many rules of the banking system.

[Karitra1]

All banks must use bitcoin because it is the future moneyBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC

[fullypak]

In order for a bank to start accepting bitcoin, there has to be an agreement reached. Perhaps a third party bitcoin provider but this would surely have additional costs attached to it. And right now, there is really no need for bitcoin to be accepted in banks because bitcoin can serve that purpose already. I also doubt if bank tellers know anything much about bitcoin as they sometimes are not even familiar with their own services.

I fully agreed with you. While talking about this issue there will come more regulations, instructions, agreement, etc. I can't think of any bank accepting bitcon, they ever will do this. So far, Its long term thinking and mostly Bitcoin violate many rules of the banking system.

The existing banks will never accept this bitcoin because if they accept BTC, they need to change a lot of things in their system. So the only possible thing is our govt allow to open Bitcoin banks separately without doing any fiat transaction in that bank. Only BTC transaction if it happens then we see Bitcoin banks otherwise it is not possible.

[ekoice]

Global Digital bank WB21 accepts bitcoins.No other bank is found to accept bitcoins.Banks see bitcoin as their main rival.So they don't accept bitcoins.But in future,due to extreme increase in popularity of bitcoins and market pressure,banks may start accepting bitcoins.

[Hypnosis00]

As far as i know, i don't think there is bank in any country that accepts bitcoin because it will be a threat for them to accept bitcoin aside from fiat because if they do then if the customers find out that bitcoin is better than fiat then there will be a loss for them because the supply of money will be over and most of their customers will just use bitcoin.

[wxa7115]

I think no, the bank will never accept bitcoin, the bank belongs to the government and the government does not accept bitcoin, it also means that the bank can not accept bitcoin. Many people say bitcoin is illegal, so the bank and government do not accept it but in fact, countries want to accept it, but they need more time, they have not found the method to solve the problems of Bitcoin transactions, they need time to develop technology. I believe the bank will accept bitcoin in the future

  Yes you are right that banks are in control of government and if the government does not accept bitcoin as legal then banks will also not accept it legal, it depend on government. But i think if the government know all the benefits of bitcoin then they will accept it and banks will also accept bitcoin and in future i think there will be such possibility about bitcoin.

While in theory governments are more powerful than banks, banks have bought the politicians that lead the governments of the world so the ones that rule the economy are the banks as if they don’t want to accept bitcoin then governments are just going to follow the orders of their masters.

[tabas]

As far as i know, i don't think there is bank in any country that accepts bitcoin because it will be a threat for them to accept bitcoin aside from fiat because if they do then if the customers find out that bitcoin is better than fiat then there will be a loss for them because the supply of money will be over and most of their customers will just use bitcoin.

There's none right now but if I'm correct. The central bank of Switzerland is going to adopt bitcoin but I don't know what's the update about their adoption. If that will happen then we are going to see the price of bitcoin higher again. Because if there's no adoption by the bigger entities / companies, there will be no big progress.

[Russlenat]

I my country there is no bank that accept bitcoin but coins.ph is Philippines base private business organization that they create a website that accept bitcoin and create your bitcoin wallet here and they do is they partnership some bank here. They accept water and electrical bill payments, load and other transactions that accept bitcoin thru there website you can  pay your bills. I think they are middle man/agent and it is good that we have this in our country.

[kidoseagle0312]

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.

In my knowledge about it, my answer was so far there is no any bank accepting bitcoin. But with merchants there are many o them of them accepted bitcoin because of being easy to use it, and through by them they can connect into bank, remittances outlet, billings, travel tour and etc.

[Vorth]

Maybe some small non-governmental banks can adopt bitcoin. But banks depend on government and they need some sort of stability of crrencies and legal basis which bitcoin doesn't have. So they will have to embrace bitcoin to their own risk.

[iqlimasyadiqa]

I my country there is no bank that accept bitcoin but coins.ph is Philippines base private business organization that they create a website that accept bitcoin and create your bitcoin wallet here and they do is they partnership some bank here. They accept water and electrical bill payments, load and other transactions that accept bitcoin thru there website you can  pay your bills. I think they are middle man/agent and it is good that we have this in our country.

It is true that, today most banks have not received bitcoin. While many services from private parties that provide payment media in the form of electricity bills, credit and internet. They receive voucher sales and also operate for 24 hours a day.

[Petrux]

Banks do not necessarily receive, without going through the process of related parties

[Kasabus]

Banks do not necessarily receive, without going through the process of related parties

Bitcoin is just a payment system and it can bridge one account to another, it's happening now like in some local exchange
where we transact a transfer from local exchange wallet to our account but the transaction was between the exchange site and the bank only.

[Soul Reaper]

As of now, no bank has started accepting bitcoin as currency.
But Bank of America has seen it as potential currency of future. This is an optimistic gesture.
However, some associations across the world have opened bitcoin ATM, where such transactions are entertained.

[Hobo66]

I doubt bitcoin would accepted at banks, the banks are fighting again's future currency
They frown at you if you ask about these bitcoin.

[wxa7115]

As far as i know, i don't think there is bank in any country that accepts bitcoin because it will be a threat for them to accept bitcoin aside from fiat because if they do then if the customers find out that bitcoin is better than fiat then there will be a loss for them because the supply of money will be over and most of their customers will just use bitcoin.

There's none right now but if I'm correct. The central bank of Switzerland is going to adopt bitcoin but I don't know what's the update about their adoption. If that will happen then we are going to see the price of bitcoin higher again. Because if there's no adoption by the bigger entities / companies, there will be no big progress.

Even if no one adopted bitcoin in Switzerland, if the central bank of Switzerland began buying bitcoin to keep on reserve you can be sure that will be a sign that will skyrocket the price since there is no bigger validation than that, this will be very intelligent for them since no government is trying to do that at the moment.

[tosmartak]

I doubt that. Don't know of any other country but at least my country for now isn't ready to accept using it officially maybe later though. Although, few bank workers that I have asked really hope they would.

[basesaw]

if you heard about ripple(xrp), some banks is now getting partnership with it. banks around the globe uses the technology and blockchain of ripple. so it is not possible the some banks are also using the blockchain technology of bitcoin.