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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
harbin55
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November 14, 2017, 09:49:07 AM
 #1401

As far as i know there are atill no banks that are accepting bitcoins but i hope soon these banks will accept bitcoins as a monetary unit. Because today bitcoins are still in a starting stage ao lets wait until it totally be known to the world.
Thaliron
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November 14, 2017, 10:17:58 AM
 #1402

There are no bank currently accepting bitcoins, but it can change in the future if they change their minds about bitcoin. If they accept bitcoin they will surely ask you where you got that many.

So prepare for to being questioned by your bank if you send the bitcoins there of course.
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November 14, 2017, 10:20:34 AM
 #1403

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...
I don't think that an bank will ever accept bitcoin i think that bitcoin will make it's own bank somewhere. Because bitcoin is not being controlled by the government but all the banks are so i don't think they will get together.
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November 14, 2017, 10:22:44 AM
 #1404

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 would accept bitcoin, for the simple reason that banks only accept money that has physical form and we all know that bitcoin has no physical form because it is only accessible through the internet.

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darefreads
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November 14, 2017, 10:42:17 AM
 #1405

I think there are no bank accounts that accept bitcoin because of decentralized and always changing price in the market but it is accepted through applications that converts to money online and maybe if there are one can make a bank account it is hard to say that it has many charge for us.
ghost424
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November 14, 2017, 01:33:41 PM
 #1406

In our country, i have not yet heard of a bank that is accepting bitcoin as a mode of depositing money or as a mode of payment. Using bitcoin as a payment is really hassle-free because you don't have to be in long lines just to be entertained. If you have access to the internet, you can access bitcoin very fast and select the mode of payment. Banks are not yet accepting bitcoin because it is not yet known and not yet legalized. If the news about bitcoin keeps spreading, they might have legalized it and use it as a mode of transaction.
Haslett5236
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November 14, 2017, 02:17:19 PM
 #1407

i don't hear about any countries bank official accept bitcoin, On the contrary, i really hear some countries bank refuse bitcoin

they are afraid of bitcoin will replace the faith money.


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November 14, 2017, 02:25:05 PM
 #1408

i dont think so at least i dont know any of such banks

Yes I don't think so bank accept bitcoin
Kersh768
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November 14, 2017, 02:27:55 PM
 #1409

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 think there's none. Banks are controlledd by different governments and Bitcoin happens to be decentralized..So with that, i think banks won't accept it and will only accept currencies which are supported by governments. But that's why there are e-wallets where users of Bitcoin can store their Bitcoin. They will be able to convert it into fiat whenever they would like to. Also, the price of bitcoin van be watched on those e-wallets.

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November 14, 2017, 02:41:17 PM
 #1410

some bank accepted bitcoin because of government or they aware of bitcoin's advantages.
if government say yes, bank will follow what it says.
or they know what is bitcoin. so they use them (you know, bitcoin cant defeat bank because we must take our money that is income from bitcoin in bank) or it can use other way

 
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kemonojim
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November 14, 2017, 02:46:03 PM
 #1411

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.

Indeed everything has the possibility of getting better and getting worse, because we are in an ever-changing technology and will definitely experience a shift. So if we are not responsive and fast in capturing a newest or best technology then a loss will definitely be the main thing that gets. real money is not a base in bitcoin growth, because bitcoin grows because of enthusiasts or users.
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November 14, 2017, 02:46:53 PM
 #1412

ps bank here in philippines using coin ph and some of restaurant here accepting bitcoin
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November 14, 2017, 02:50:47 PM
 #1413

None that I think of but bitcoin is still withdrawable through electronic on line exchange before depositing into an actual bank. It would be nice to have one but there are governments who bans bitcoin so it is still impossible to put up an actual bitcoin bank.
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November 14, 2017, 02:52:02 PM
 #1414

In my country at this time there is no bank that can receive direct bitcoin, this is caused in my country not yet popular bitcoin and not yet officially recognized as currency. But hopefully for the future bitcoin progressively and can be recognized in my country.

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November 14, 2017, 03:12:37 PM
 #1415

until now I have not found any bank that received bitcoin, this is because the government does not legalize bitcoin so banks do not have the courage to accept bitcoin.
family934
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November 14, 2017, 03:17:25 PM
 #1416

until now I have not found any bank that received bitcoin, this is because the government does not legalize bitcoin so banks do not have the courage to accept bitcoin.
I don't think so that any bitcoin in the whole word are accepting still because bitcoin is not legalize in any country still and all banks are accepting only those currencies which are legalize by the government so that the main reason that why bank are not accepting bitcoins.
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November 15, 2017, 03:25:02 AM
 #1417

Banks as we know today probably will never accept Bitcoin, but I'm sure that not in a long time the concept of Banks will change to adapt to disruptive technologies like Bitcoin, technology always sets what the future will be, no matter what.

gambitcoin53
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November 15, 2017, 03:44:02 AM
 #1418

I think it is not feasible, no banks has the guts to invest in btc, because banks do not have their own money to invest with, most of their money came from investors and they dont have the right to play it with a third party investments aside from property and stocks investments, not unless their client dont know where their money being invested. And because btc price is unpredictable, they are not quite sure if it is a wise decision to invest.

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November 15, 2017, 05:23:18 AM
 #1419

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 a military bank for soldiers that allow them to keep a btc balance. I saw the article a long time ago, and I pretty damnded certain of it, but I have looked for this article multiple times subsequently and have been unable to find it. it was a pilot program, to my understanding users were able to deposit bitcoin, convert to USD on the "platform". and withdraw btc normally (essentially, it was a bitcoin wallet attached to a bank account). my only guess is that it got scrapped before it went live; this would explain why we havent ( me at least) heard any thing about it since then.
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November 15, 2017, 05:48:56 AM
 #1420

For now i think there are no banks that accept bitcoin directly but exchanging bitcoin into real money then banks may accept it. I guess in the future some banks will open up for digital currency.

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