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Dewi08
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November 09, 2017, 11:04:06 AM |
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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.
Well it depends. If a country starts legalizing bitcoin then I suppose the some banks in that particular country will start accepting bitcoin as well. A good example of a country that has implemented bitcoin is Japan. I bet some banks there accept bitcoin. Have you heard of the existence of the bank in japan, while there is no news about it, if it is true, specify where the bank, which receives bitcoin .. |
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Naoko
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November 09, 2017, 11:07:22 AM |
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I don't see bitcoin would be acceptee by bank since bank focuses more on fiat money, they would need to change so many things in their system if they would do that... In my opinion, it's better to use an exchanger that converts bitcoin into fiat money vice versa. Thus, bank wouldn't need to change their systems and the service would be better.
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Restmand
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November 09, 2017, 11:09:36 AM |
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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 know if there's bank that accepting the bitcoin because we know that the bitcoin is the enemy of the bank (in the forum when i read one topic about the bank vs bitcoin in this forum they say that the bitcoin is an enemy of the bank) because the bitcoin is a great obstacle for the bank because if the people know about the bitcoin and the good benefit of it maybe people who trust the bank will left and go to the bitcoin for now there's in the software or online who accept bitcoin other store too but i don't hear any news form the bank that accept bitcoin |
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jassanpary
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November 09, 2017, 11:12:04 AM |
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In some countries bank is accepting bitcoins, but I think most of the banks across the world not yet accepting the bitcoin.
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jassanpary
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November 09, 2017, 11:15:35 AM |
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No. i dont think any bank accepts bitcoin because bitcoin is not controlled by the government and all the banks are being controlled`so i think that those 2 won't ever combine because bitcoin is a unstable coin aswell.
No few banks is accepting bitcoins, as you said it is controlled by governments and they have not permitted the use of bitcoin, once they permit can use the bitcoin. |
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DoublerHunter
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November 09, 2017, 01:18:21 PM |
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I don't see bitcoin would be acceptee by bank since bank focuses more on fiat money, they would need to change so many things in their system if they would do that... In my opinion, it's better to use an exchanger that converts bitcoin into fiat money vice versa. Thus, bank wouldn't need to change their systems and the service would be better.
Banks will never accept bitcoin because they are just created for fiat purposes and bitcoin is a different thing compare to fiat currencies so bitcoin has its own way of doing transaction like getting cash in and cash out and so on... Bitcoin is just good for online wallets and other exchanges but the banks will not be included in bitcoin forever. |
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dx_twisted
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November 09, 2017, 01:48:13 PM |
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I'm not sure about this, but our local wallet has a partnership with some of our major banks here in the Philippines. Where, we can cash in or deposit money straight from the bank into our local wallet and through it we will convert it into bitcoins manually (before, we can deposit money and it will automatically converted into bitcoins, as there is some kind of error which they are currently fixing), the one thing that I don't like is that the process is almost 24 hrs. We can also cash out our bitcoins and convert them into cold cash, as there is an ATM feature to one of its partner bank called "Cardless Withdrawal" and it only takes 5 to 10mins. for the to be withdrawn.
Our local wallet has also partnership with money remittance centers, convenience store (7-11) and even one of our major telco provider.
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poldanmig
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November 09, 2017, 02:57:27 PM |
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No. i dont think any bank accepts bitcoin because bitcoin is not controlled by the government and all the banks are being controlled`so i think that those 2 won't ever combine because bitcoin is a unstable coin aswell.
No few banks is accepting bitcoins, as you said it is controlled by governments and they have not permitted the use of bitcoin, once they permit can use the bitcoin. as far as I know each country is different, so banks are also different determination, there is a permissibility and not. it's all how the government takes care of it. |
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Wulanayu
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November 09, 2017, 03:17:32 PM |
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I do not understand, but I believe in countries that recognize the bitcoin and legal in that country. I am sure there must be a bank that receives bitcoin but with certain terms and conditions.
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btcpepa04
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November 09, 2017, 03:33:27 PM |
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yes with trading you can transfer your btc to any bank account
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Aryadwipanggah
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November 09, 2017, 04:09:15 PM |
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until now there is no bank that received its special bitcoin in my country, whether in european countries or in america may already have who want to receive bitcoin
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Core.BUSTER
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November 09, 2017, 04:15:50 PM |
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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.
As of now there is no bank who allow bitcoin and I think they have reason why they do not allow it. In additio, I think the reason why do not allow is the price because bitcoin doesn't have exact price so that there are tendency that its price become more expensive and because of that they can't handle it well. |
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EtihadBitcoin
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November 09, 2017, 04:17:04 PM |
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No. i dont think any bank accepts bitcoin because bitcoin is not controlled by the government and all the banks are being controlled`so i think that those 2 won't ever combine because bitcoin is a unstable coin aswell.
No few banks is accepting bitcoins, as you said it is controlled by governments and they have not permitted the use of bitcoin, once they permit can use the bitcoin. If a bank ever accepts bitcoin it would be in Japan. Since a lot of their shops in Tokyo have signs that say accepted here. |
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Shadowcutter
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November 09, 2017, 04:18:10 PM |
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I don't see bitcoin would be acceptee by bank since bank focuses more on fiat money, they would need to change so many things in their system if they would do that... In my opinion, it's better to use an exchanger that converts bitcoin into fiat money vice versa. Thus, bank wouldn't need to change their systems and the service would be better.
Banks will never accept bitcoin because they are just created for fiat purposes and bitcoin is a different thing compare to fiat currencies so bitcoin has its own way of doing transaction like getting cash in and cash out and so on... Bitcoin is just good for online wallets and other exchanges but the banks will not be included in bitcoin forever. I agree banks will never accept bitcoins because bank are being controlled but bitcoin is not being controlled so a lot does happen with bitcoin like criminals are using bitcoin to get their weapons or drugs. |
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tmawheba
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November 09, 2017, 04:30:13 PM |
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Till date non of the bank accept bitcoin. What I think is due to the hiking rate of bitcoin is not let bank to handle bitcoin. And non of the bank is at present in the capacity of handling bitcoin. It need all countries government which has to accept bitcoin then only it is possible.
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damrianto
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November 09, 2017, 04:37:54 PM |
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it is unlikely that banks can be equated with bitcoin and bank action can accept bitcoin. banks can only be used as an intermediary for disbursement of bitcoin funds.
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SwaIIowRider
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November 12, 2017, 03:01:16 AM |
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There is no doubt that no financial institution allows bitcoin. There isn't any physical existance of bitcoin it's digital forex and it is price is not fixed because it is not controlled by such organization which can repair its price. Bank can't ever do deal through bitcoin simply because bitcoin requirements no any organization for its transaction....
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nandasiri
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November 12, 2017, 03:06:10 AM |
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in sri lanka there is no at least one bank which is accepted bitcoin, also i haven'n heard such bank yet which is accepted bitcoin..but i'm sure banks will deal with bitcoin in the future..  |
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tonlong
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November 12, 2017, 03:18:24 AM |
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The governments and the banks wanted to shut Bitcoin down because it was too threatening to the fiat money. They do not like bitcoin and do not want to accept it either.
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poisonivy77
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November 12, 2017, 03:41:47 AM |
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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.
for now i don't see any banks where they accept bitcoin as a matter of currency, most probably because government have shutting them down because of its decentralization. |
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