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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
yourialfa
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November 24, 2017, 11:35:17 AM
 #1481

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 do not think that bitcoin will have a bank. Because bitcoin has become the bank itself for each user. I also feel that bitcoin is decentralized
WiryEve
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November 24, 2017, 11:37:07 AM
 #1482

I want to learn more about crypto and from my experience, I feel that conferences could be a good way to learn... I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it?
Alexoxyevwii
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November 24, 2017, 11:40:05 AM
 #1483

In our country, bitcoin is considered not entirely legal. The authorities are trying to come up with a law to ban it. But at the same time, the central bank tried to engage in mining) Who else has such cases?
kiwasmose
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November 24, 2017, 11:49:32 AM
 #1484

To be sure, all the banks don't welcome bitcoin. They are mutually exclusive to bitcoin, at least for now. Because bitcoin will split the bank's funds, it will split the bank's customers. That's not what the bank wants
amla
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November 24, 2017, 11:51:14 AM
 #1485

As for my knowledge there is no such banks which accepts directly bitcoins as source of transaction but soon it will be started because these days without accepting bitcoins the banks will be of no use as each day the user of bitcoins are increasing and people are getting much more in return so hope that in near future they will start direct transaction in Btc.
BTCeminjas
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November 24, 2017, 12:01:30 PM
 #1486

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 banks here in our country who was accepting bitcoin by exchanging to cash, beside from that here our country I was heard on TV news that Local media has reported that the Philippines central bank has approved to recognize and regulate virtual currency exchanges earlier this year on august 21, 2017 so far its is the good news on us bitcoin users. In this way even Philippines now was trying to accept digital currencies that leads more popularized bitcoin.
deejayce48
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November 24, 2017, 12:03:52 PM
 #1487

Not into my knowledge that there are banks here in our country that accepts Bitcoin. But I saw one, not bank, an ATM machine that sells Bitcoin right through its vending machine. If there will be any Bank that will accept Bitcoin, then I will put all my money in that bank. Cheesy

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nick_nick
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November 24, 2017, 12:12:18 PM
 #1488

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 will say NO; but i think i have seen an advert on youtube embracing Bitcoin. I am yet to find out the whole truth about that.

























heleng05
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November 24, 2017, 12:17:20 PM
 #1489

I think there is no bank accept bitcoin here in my country but if there's bank that açcept bitcoin, maybe in the other country that is accepted and use them for any of their transaction for any of people who are they know.

Chrystora123
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November 24, 2017, 12:31:38 PM
 #1490

I do not know for sure whether the Bank that is currently standing will receive Bitcoin, but I'm sure will stand Banks that receive Bitcoin storage ...

Oppang Inamo
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November 24, 2017, 12:35:37 PM
 #1491

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.
If you are in the philippines, then the answer is simply none. No banks or money institution are supporting or embracing bitcoin. Why? Because bitcoin is not reall accepted as legal in this country. Another thing is that it is not known by all the people and the government does not accept bitcoin that is why i think there are still no banks that support bitcoin
dynospytan
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November 24, 2017, 12:36:32 PM
 #1492

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 is no available bank that accepting bitcoins. But if there is a bank that accepting bitcoin as a storage people still going to choose a hardware wallet or online wallet that will hold their bitcoins rather than putting it into bank. Yes it might be safe to store our bitcoin there but I think it will be hassle for users unlike online wallet.
Meycell
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November 24, 2017, 12:38:52 PM
 #1493

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 bitcoin more than that because bitcoin can used by invesment for long term and in future maybe people in the world accept bitcoin so its mean the bank and people accept bitcoin or bitcoin there is a bank to itself
ahmadoo
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November 24, 2017, 12:39:30 PM
 #1494

i think it is not allowed or offered yet in any banks to deal with bitcoins
but i think that will be possible in the next few months,
paaatrisya
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November 24, 2017, 12:43:53 PM
 #1495

Bank are generally "for profit" companies. They are also highly regulates by state and federal agencies.
If they can find a way to work with bitcoins that are easy, profitable, and without getting the regulators all worked up, I am sure they will do that.
cokkapaga
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November 24, 2017, 12:48:42 PM
 #1496

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 is no available bank that accepting bitcoins. But if there is a bank that accepting bitcoin as a storage people still going to choose a hardware wallet or online wallet that will hold their bitcoins rather than putting it into bank. Yes it might be safe to store our bitcoin there but I think it will be hassle for users unlike online wallet.

Not yet at the moment., but I am sure the bank will be accept bitcoin in the future.
Bank of Central in my country is already learn about the blockchain. May be someday them will be accept it. hoped.

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africa34
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November 24, 2017, 01:01:53 PM
 #1497

no , i dont think there is a bank in my country accept bitcoin , we don’t need a bank to store Bitcoins your wallat is your bank .

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Rashid555
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November 24, 2017, 01:04:07 PM
 #1498

I think in our country there is no legal status received to the bitcoin and government is trying to make some arrangement for the online digital currencies because they are also playing its role in the country economy that’s why they are making some space in law for the digital currency like bitcoin and altcoin as well. Most of the time the countries banned bitcoin in their country and they rigid their policies for the bitcoin but it is still used everywhere banks are not openly accepting bitcoin in our country but I hope so that is in the future it will accepted everywhere.

martina14
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November 24, 2017, 01:06:12 PM
 #1499

well here in my country  you can withdraw your bitcoin into FIAT in any bank you want (major banks)
you can use their atm also with out the presence of debit card .. so i think the answer is yES !

henmark
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November 24, 2017, 01:09:53 PM
 #1500

I don't know any bank accept bitcoin in India any bank not accept bitcoin
This is not just in your country but the same situation is prevailing in many countries, even in the developed countries there is no bank which is going to accept bitcoin at present because banks are working in a direction opposite to banks. Banks are not decentralized but bitcoin is and people are using bitcoin just because bitcoin is highly decentralized. I don’t think so this is going to happen soon.
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