Does any bank accept Bitcoin?

[GXHPP]

I didn't think a bank will allow Bitcoin in their service at least in the near future but in just a topic here a bank offered BTC accounts, surprised because until now as my knowledge there's no country announce Bitcoin as a valid currency and is just a commodity by most so cause bank will follow what a government rule, although it isn't set in stone but would be strange.

[Kasabus]

Maybe, but it will already converted into what currency you need. But if they will accept the bitcoin itself I think they will not accept it they don't have any control of a bitcoin to go higher. 

Banks will not accept because it is not money, you only use bitcoin to fast transact transaction of your fiat
but it is not a fiat that bank is accepting, that's the big difference, never think it is a legal currency.

[ethereumhunter]

i think for now, there are still no bank that accepting bitcoin, but i don't now with the country that have accepting bitcoin for a legal like japan, korea, india and else. if that bank in that country is accepted bitcoin, then it would be good for us and if we visit into that country, we can trying too like other people.

[DoublerHunter]

i think for now, there are still no bank that accepting bitcoin, but i don't now with the country that have accepting bitcoin for a legal like japan, korea, india and else. if that bank in that country is accepted bitcoin, then it would be good for us and if we visit into that country, we can trying too like other people.

I don't think even in those countries who already legalized bitcoin still their banks doesn't accept bitcoin because there is a risk for them if they will accept bitcoin for deposit to the accounts of their customers like the volatility of the price of bitcoin which they will either get profits or get a loss if they will accept bitcoin as a mode of payment in having a deposit.

[White Christmas]

No banks accept bitcoin directly and I doubt very much that they ever will.  They do accept it indirectly meaning you can use exchanges to send fiat to your bank.

yes it is impossible to happen because the fact that bitcoin didn't accept as a money of people i dont think that bank will accept it too. You need to convert first into other type of money if you want to save it in a bank.

[gracia0023]

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.

Many bank in different country accepting bitcoin as exchange currency.
No need to worry depositing bitcoin because there a bank and financial institution accepting and embrace bitcoin as crypton currency.

[jonosutio]

I think that bitcoin will not be accepted bank, if you you save bitcoin then have to use other path and down as in the future.
Lots of small purses that hold lots of coins that are likely to be great.

[radamiel]

Bitcoin is effortlessly controlled and controlled one great case is exchanging individuals can really control the cost of Bitcoin so they provide food on what their requirements are. They can likewise store Bitcoin so that the request goes up. They have given Bitcoin clients an excessive amount of energy to control their own particular cash since it is autonomous from a wide range of government.

[bncbnc]

Bank will not accept bitcoin because it will be against to them because bitcoin is decentralized and they can't control bitcoin so it will be useless if they will accept bitcoin as a deposit on their bank. Bitcoin doesn't need bank because our wallet is already bank.

I think this depends of the customer and user, if bitcoin will use more than 50% of world population, of course bank will considering to accept bitcoin. I sure future day bank will accept bitcoin because transaction with bitcoin is bigger than real currency.

yes that is right, currently not a single banks is accepting bitcoin but the possibilities are always there, in future we can expect that very soon banks will start accepting bitcoin, it wall also depend on the users of bitcoin if the users of bitcoin will increase it will defiantly increase the chance to accepting bitcoin by the banks. but we have to wait for some more time.

[AjithBtc]

Few months back in an article came to know about a bank named Nova Scotia accepting bitcoin. So here and there few banks have started accepting bitcoin. In the near future or within certain time period we can expect more such banks as well banks completely​ function on bitcoin.

[mharz]

In our country no bank can accept bitcoin, but after you converted it into our currency they accept it. In our country the problem why bank cannot accept bitcoin, it's because bitcoin was not yet establish as currency. However we were waiting that bitcoin will become legalize as currency in our country. Also, I was hoping and looking forward that digital currency will become famous to accept it by all people.

[Theb]

In our country no bank can accept bitcoin, but after you converted it into our currency they accept it. In our country the problem why bank cannot accept bitcoin, it's because bitcoin was not yet establish as currency. However we were waiting that bitcoin will become legalize as currency in our country. Also, I was hoping and looking forward that digital currency will become famous to accept it by all people.

I don't think banks accept Bitcoin in general, for two main reasons. First the legal issue, Bitcoin is not a legal tender of any country which means there will be issues with it to their government, secondly Bitcoin is a volatile currency which means Bitcoin at banks will be useless, what people want in their loans is a stable and widely accepted currency like their local fiat in which everybody accepts. It's not a matter of being a establish coin but it is a matter of stability and legality.

[BitHodler]

Few months back in an article came to know about a bank named Nova Scotia accepting bitcoin. So here and there few banks have started accepting bitcoin. In the near future or within certain time period we can expect more such banks as well banks completely​ function on bitcoin.

What a nonsense. So far there hasn't been ANY bank accepting Bitcoin.

Thus far the closest thing is that a Norwegian online bank makes it possible to view your Coinbase balance alongside your other regular banking balances in fiat.

And that is a big deal already. In most cases banks aren't that friendly when it comes to Bitcoin. It's nice to see a shift in mentality, but we still have a long way to go.

[conected]

Bank will not accept bitcoin because it will be against to them because bitcoin is decentralized and they can't control bitcoin so it will be useless if they will accept bitcoin as a deposit on their bank. Bitcoin doesn't need bank because our wallet is already bank.

I think this depends of the customer and user, if bitcoin will use more than 50% of world population, of course bank will considering to accept bitcoin. I sure future day bank will accept bitcoin because transaction with bitcoin is bigger than real currency.

yes that is right, currently not a single banks is accepting bitcoin but the possibilities are always there, in future we can expect that very soon banks will start accepting bitcoin, it wall also depend on the users of bitcoin if the users of bitcoin will increase it will defiantly increase the chance to accepting bitcoin by the banks. but we have to wait for some more time.

- Yes, it is definitely a very distant future, because when banks accept Bitcoin will happen a lot of problems such as management and control, storage, ... they do not find a way to solve these problems. In addition, if accepting bitcoin, there will surely be bad evils such as corruption and money laundering, this has a great impact on the economies of the countries, so I believe that the bank is difficult to accept Bitcoin. Actually I think Bitcoin now still good, it does not need the bank to accept it

[Dudeperfect]

In our country no bank can accept bitcoin, but after you converted it into our currency they accept it. In our country the problem why bank cannot accept bitcoin, it's because bitcoin was not yet establish as currency. However we were waiting that bitcoin will become legalize as currency in our country. Also, I was hoping and looking forward that digital currency will become famous to accept it by all people.

Banks have to follow the rules and regulations laid down by the government otherwise they will lose their licence of banking. Banks can accept bitcoins or any other crypto curreny only when it is legalized by the government. In my country, there is a school which accepts bitcoin as donation but due to rules, they can not accept it as fees of the student. That's why government's approval would play crucial role in coming future.

[BunnyShibe]

In our country no bank can accept bitcoin, but after you converted it into our currency they accept it. In our country the problem why bank cannot accept bitcoin, it's because bitcoin was not yet establish as currency. However we were waiting that bitcoin will become legalize as currency in our country. Also, I was hoping and looking forward that digital currency will become famous to accept it by all people.

Banks have to follow the rules and regulations laid down by the government otherwise they will lose their licence of banking. Banks can accept bitcoins or any other crypto curreny only when it is legalized by the government. In my country, there is a school which accepts bitcoin as donation but due to rules, they can not accept it as fees of the student. That's why government's approval would play crucial role in coming future.

yes that is right most of the banks are bound to the government and they have to follow the rules an regulation of the government and still majority of stats are not getting agree to accept bitcoin as legal currency. i think it when government will accept bitcoin, then banks will also start accepting bitcoin in banks.

[Andre_Goldman]

I highly doubt there would be a bank for bitcoins because the whole point of btc is for it to be anonymous and that bank will totally destroy that ideal.

indeed...

Banking Explained – Money and Credit - by Kurzgesagt – In a Nutshell
https://www.youtube.com/watch?v=fTTGALaRZoc

Satoshi’s Cypherpunk Manifesto on Genesis Block
https://en.bitcoin.it/wiki/Genesis_block

[arcanayou]

there is a gathering of Banks that are prepared to execute Bitcoins Blockchain to their installment framework. In the event that Blockchain supporters truly demonstrated enthusiasm for the installment structure then there would be more Banks included in light of the fact that after all it is dependent upon us in all actuality. Like the old email frameworks from long back or even things like PayPal was new to the general population in Big Corporations. It wasn't until the group indicated enthusiasm for the innovation that the stages ended up plainly prevalent to them.

[Jimmy_H]

There is a topic in the board about a european bank, allowing direct BTC accounts, if that's really the case then that's one, I doubt it will produce interest though, so it wouldn't be different that keeping it in our wallet and being our own bank..
also some banks not really accept BTC but is supportive in a sense, at least not freezing exchanges and Bitcoiner's accounts.

[Dudeperfect]

In our country no bank can accept bitcoin, but after you converted it into our currency they accept it. In our country the problem why bank cannot accept bitcoin, it's because bitcoin was not yet establish as currency. However we were waiting that bitcoin will become legalize as currency in our country. Also, I was hoping and looking forward that digital currency will become famous to accept it by all people.

Banks have to follow the rules and regulations laid down by the government otherwise they will lose their licence of banking. Banks can accept bitcoins or any other crypto curreny only when it is legalized by the government. In my country, there is a school which accepts bitcoin as donation but due to rules, they can not accept it as fees of the student. That's why government's approval would play crucial role in coming future.

yes that is right most of the banks are bound to the government and they have to follow the rules an regulation of the government and still majority of stats are not getting agree to accept bitcoin as legal currency. i think it when government will accept bitcoin, then banks will also start accepting bitcoin in banks.

Well, In my country, there is more than one type of banks. Recent amendment in law allows us to establish digital banks (virtual bank accounts) and payment banks (having no lending, borrowing rights) etc so if government authorises the bitcoin then I am sure a bitcoin bank wouldn't be any issue to establish as some banks are already started testing blockchain technology.