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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
yaloyalo
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November 13, 2017, 01:14:11 PM
 #1381

in my country the bank is not willing to accept bitcoin. and I don't know about the other countries
cipher-x_09
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November 13, 2017, 01:15:50 PM
 #1382

Unfortunately for our country no banks have accepted bitcoin as saving deposit well let's not be bitter about that because they are just following the strict rules and policies of their central bank and because the central banks are certainly controlled by the government which is the reasons why banks are not yet accepting bitcoin because they cant control it , they can't manage people using and certainly they can't see any loopholes about it for them to took over bitcoin.

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handini
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November 13, 2017, 01:22:52 PM
 #1383

I doubt that there are banks who will accept Bitcoin, there will be conflict of interest, this is why there are tons of Government and countries who don't approve the use of Bitcoin because of this interest. Other thing is Banks is centralized and Bitcoin is Decentralized.
there may be banks that approve the bitcoin is circulating, but if in the country only the bank has not agreed that bitcoin was circulating as a means of payment. although there are still some who are against the provisions in my country. because everything is also to meet the needs of life, if only jagain government is not enough.
darrly
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November 13, 2017, 01:26:43 PM
 #1384

Nope. If ever banks would get ahold of bitcoin then the purpose of bitcoin will be defeated. Ut will be just like fiat system that is controlled by the government. Unlike bitcoin that is controlled by the people.

Aljay7
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November 13, 2017, 01:28:53 PM
 #1385

In our country no banks that accept bitcoin but we can earn money in bitcoin by just earning bitcoin and convert it into money so you get your money from bitcoin.
emanbea1234
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November 13, 2017, 01:33:29 PM
 #1386

for me they will embrace the capability of bitcoin, and they believe the power of bitcoin, we believe rather. The bitcoin will become more popular and the demand will increase also.
Brigalabdis
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November 13, 2017, 01:38:00 PM
 #1387

Just a little bit, too many banks dont accept bitcoin because they didnt know about bitcoin but i didnt in some country.  I am from Philippines so i didnt know about other country.

kucritt
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November 13, 2017, 01:59:00 PM
 #1388

as i know bitcoin is not acceptable i any bank, because bank don't have any resources to manage bitcoin as well, second reason maybe bitcoin price is not stable than money, its mean that bank have a big risk is they accept bitcoin to their system

emmanborromeo67
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November 13, 2017, 02:27:19 PM
 #1389

It is possible that bitcoin is becoming popular and well known, but, in essence, it is still a virtual currency, its value depends entirely on real money.
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November 13, 2017, 02:29:01 PM
Last edit: November 22, 2017, 01:58:02 AM by SushiMonster
 #1390

2017 and as far I'm concerned, banks still don't accept bitcoins.
I tried searching in our country but sadly no luck in finding one.
Although in my country, bitcoin is considered a legal form of payment and crypto currency. We have our own based online wallet that can provide transactions, pay bills and buy services online.
leisha
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November 13, 2017, 02:53:41 PM
 #1391

I don't know if there is a bank which accepts bitcoin but in our country, there is a website that accepts bitcoin and be used in paying bills in our country. Also, this sites are accepted by some banks and institution so we can withdraw and deposit money by using our currency and converted to bitcoin and vice versa. I think, banks will just cooperate in managing those sites that accepts bitcoin but banks will not accept bitcoin directly.

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rxone
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November 13, 2017, 02:59:45 PM
 #1392

None yet in my Country. The Central Bank in my Country even issued a warning about use of Bitcoin as this is not yet regulated and no studies made by the Government if they will adopt use of Bitcoin.
Fundalini
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November 14, 2017, 01:52:39 AM
 #1393

It's very unlikely that banks would accept btc now. As far as I know, banks likes to keep it stable and static unlike if they were to incorporate bitcoin which is very dynamic. However, there's a chance that they may accept it in the future; I think they are in the process of figuring out how to make use of it properly.
Botnake
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November 14, 2017, 05:12:23 AM
 #1394

It's very unlikely that banks would accept btc now. As far as I know, banks likes to keep it stable and static unlike if they were to incorporate bitcoin which is very dynamic. However, there's a chance that they may accept it in the future; I think they are in the process of figuring out how to make use of it properly.
Bank will always live on what they believe, they make everything centralized because they want us to trust them and bitcoin is just a big competition
to them so why would they accommodate it. Bank only accept legal tender or legal currency, bitcoin is not considered as legal currency by the bank.

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Cotton Candy
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November 14, 2017, 05:28:46 AM
 #1395

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.

There is bank here in our country where they accept bitcoins in exchange into real money. That is why bitcoins and this forumis so popular in our country because by using an application our bitcoins can be easily withdraw in an atm machines by just clicking in a mobile phone. And that bank is named security bank and it is pretty convenient because anytime we can exchange our bitcoins into cash so even if we do not have some stores that accept bitcoins as a payment we can buy thing because bitcoins are converted into cash.
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November 14, 2017, 06:19:57 AM
 #1396

May be in the near future,but presently in my home country no bank accept Bitcoin,Bitcoin is now in the news in my country,daily report on the value,its a great one for us all
Damzy112
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November 14, 2017, 06:21:26 AM
 #1397

No Bank accepts it in my country. They're probably scared. Lol
Momoamzad
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November 14, 2017, 06:44:49 AM
 #1398

I have a doubt if there is any bank accepted bitcoin. As it is not establish as a tengible currency of any country or many countries government still not given any legality that can be transaction in a bank.

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November 14, 2017, 06:53:41 AM
 #1399

I don't know any bank accept bitcoin in India any bank not accept bitcoin
ronics
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November 14, 2017, 09:45:41 AM
 #1400

No banks accept bitcoin directly and doubt very much that they even will.they so accept it indirectly meaning you can use exchanges to send fiat to your bank .I can't think if any bank accepting bitcoin is there no.1 competitor...
When bitcoin is hired not to enter the bank immediately we still use exchanges wallet going to the bank .that we usually so when the time of payment .so that I totally know it...
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