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Author Topic: Does any bank accept Bitcoin?  (Read 73806 times)
JL421
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October 30, 2017, 04:10:45 PM
 #1221

not yet nor i have heard any bank in my locality or in the world who accepts bitcoin the reason for it might be freedom of money the banks are not able to charge fees if they start accepting that means they are supporting bitcoin and there is no bank in the world who would do such a move
bitcoinmagneto
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October 30, 2017, 04:16:21 PM
 #1222

No there are no banks that accept bitcoins because of it's fluctuation in price and most importantly it has become their number 1 enemy .
SixOfFive
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October 30, 2017, 09:24:24 PM
 #1223

i don't think that any bank in the world is accepting BTC. Centrals banks and govts. are the big time haters of the BTC, so how could they support it by accepting BTC as a payment mode. Many banks are preparing to launch their own crypto-tokens to give a hard competition to BTC but obviously all these token would be centralized and controlled by govts and banks.
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October 30, 2017, 10:04:14 PM
 #1224

I do not think any bank will accept or approve bitcoin directly, nor will the government let the bank do it. If the bank is doing immediately and bitcoin will win over the fiat and this will greatly affect global markets around the world.  Cool
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October 30, 2017, 10:26:56 PM
 #1225

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 bank with bitcoin it will just destroy bitcoin, bitcoin is known for its privacy if you do BTC with bank then you'll be known. That only thing that bitcoin will be associated with bank it is when you will widraw your money and invest you money with bitcoin. Grin

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Qunetick
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October 30, 2017, 10:40:58 PM
 #1226

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 don't think there's a bank that will accept bitcoin nowadays. Maybe in the future, there will be but not now.

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October 30, 2017, 10:43:23 PM
 #1227

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.

Not as of right now that I can think of. A bank does not want to accept bitcoin as it does not agree with the bitcoin concept itself. I think that bitcoin is better off without banks and you can store bitcoins on a Windows wallet or any hardware.
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October 30, 2017, 10:58:48 PM
 #1228

If Barclays bank in England know you are buying Bitcoin they will close your account.
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October 31, 2017, 07:46:47 AM
 #1229

I tried many website that are paying bitcoin but it always send to paypal..Im not sure if it is acceptable in other countries as well

Sites and retailers will eventually accept btc and probably even etherium in the future but definitely not banks. Unless some regulations are made for bitcoin to adjust, in that case the change will compromise some of btc's top features

 
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October 31, 2017, 07:50:58 AM
 #1230

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 don't think that there are any banks that accept bitcoin. Perhaps, this is due to the reason that bitcoin is not acknowledged world wide yet and not legalized in some countries. So, I highly doubt that there are bank that accept bitcoins.

dreamer81
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October 31, 2017, 08:22:14 AM
 #1231

No banks will accept bitcoins. It's against their nature. Banks will be obsolete within 30 years, and bitcoin will be one of the replacers.
King Sastro
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October 31, 2017, 08:46:12 AM
 #1232

I think it will be difficult for banks to accept bitcoin as long as there is no certainty from the government that legalize bitcoin, banks certainly do not want to take risks by receiving bitcoin because it is risky to shift fiat money.


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Harley29
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November 01, 2017, 11:35:40 AM
 #1233

didnt hear of any bank accepting Bitcoin yet.
That is not gonna happen because they have their own money, they only accept what is legal and regulated by the government.
Bitcoin as a currency cannot be regulated as banks cannot control, it will always stay decentralized and even if banks will create their own blockchain it will not beat bitcoin.

i don't think it even makes sense to have a bank keep your bitcoins, it;'s just like leaving your personal bank in the care of another bank and hoping it will be safe, why didn't you open an account with them then than setting up your own bank?
No I don’t think so that it’s going to accept by any bank but it’s acceptable by some exchange but as we know that in some countries bitcoin is already legal so hope very soon bitcoin will be accepted in banks also it’s also true that in some countries have a credit cards of bitcoins in Europe so it’s very easy and possible for banks to accept bitcoin.
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November 01, 2017, 11:45:24 AM
 #1234

i don't think there is any bank who accept bitcoin,but there are apps that allow you to sell bitcoin and exchange it for local currency and deposit in your local bank. Also i don't think that banks are going to accept bitcoin soon in future because of their kind of opposition to this type of currency.

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November 01, 2017, 11:48:04 AM
 #1235

Up to my knowledge, no banks accept bitcoin and I don't think that they ever will.
Bambinoe
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November 01, 2017, 12:03:35 PM
 #1236

No bank accepts Bitcoin payments atleast i can say that for Nigerian banks because its not yet regarded as Legal Tender in making transactions.

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November 01, 2017, 01:53:10 PM
 #1237

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 heard something about that bank that accept embraced Bitcoin and I think it was a good idea the society need Bitcoin it is the only one that can provide them a good life and they can get here a benefit, I heard also schools that accept Bitcoin for paying tuition fee and I thought if there is a school who accept Bitcoin there is no doubt that there is also a bank who accept Bitcoin too.

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November 01, 2017, 01:56:03 PM
 #1238

i dont think so that any bank will accept bitcoins,as  of my opinions banks and bitcoins are two enemies of each other,may be there are other financial intermedieries who accept bitcoins.
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November 01, 2017, 01:59:46 PM
 #1239

I don't think bank will ever accept bitcoin some time soon as bitcoin transaction are anonymous and bank doesn't really like to get in to trouble with this money that they don't know where it comes from.
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November 01, 2017, 02:02:53 PM
 #1240

So far didn't heard any that publicly announced such thing, on the other hand they are more offensive towards bitcoin when transferring fiats, like my country some of the national banks had mentioned that using their payment service in bitcoin related service would result in ban if necessary, which means that any notes and transaction details found contained keywords like 'cryptocurrency', 'bitcoin' would actually get you into trouble.

However, it is known that banks are sometimes indirectly involved in bitcoin investment as well, i heard some private investment plans that doesn't disclose the earnings are through cryptocurrency market.

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