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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
AnubisStar
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November 26, 2017, 11:13:59 PM
 #1521

If you talk about the usual banks like those who have physical agencies in several places, I don't I do not know any -at least not in my country-. However, I have read that other countries already have this option for example USA or Philippines.
But I think it would great that all banks began to recognize Bitcoin and give it more importance. So people would have more security when investing


IanRidgwell
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November 26, 2017, 11:54:23 PM
 #1522

There does not seem to be any bank accepting bitcoin, at least I do not know about it, bitcoin is an emerging thing after all, and banks do not allow customers to frequently roll out and switch to bitcoin every day. . .
As we realize that bitcoins was presented in year 2009 so it's no excessively old that is the reason banks are not tolerating bitcoins but rather don't be stressed in light of the fact that soon they will change their strategies yet it will require some investment and after that the banks will likewise acknowledge bitcoins and will begins saving money with bitcoins and will acquire more cash in bitcoins.
Yes currently they are not accepting bitcoin because of their government policies, but in future specially when their government will turn bitcoin as legal currency then we can expect that banks will also start accepting bitcoin, because they can also get good profit from bitcoin in form of transaction fee.

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Quinni
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November 27, 2017, 02:42:00 PM
 #1523

There is no bank accept the COINS, but I believe the future will certainly have a bank will accept COINS COINS and support payments, currency and may open a bank COINS?

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Hannibalis
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November 28, 2017, 08:10:55 PM
 #1524

I think only few digital banks do (neteller, skrill,..). No ordinary banks accept it as i know.

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JuliaEnnyPen
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November 28, 2017, 08:48:10 PM
 #1525

Bank of America and chase have helped me with several overseas transactions. I feel that it all depends on regional guidance, being that in California you can go about business with bit more then a neighboring state like Oregon. It all depends. I'd look into your local banks, many here are trending out with bit.
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November 28, 2017, 10:16:14 PM
 #1526

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.
Why you need to deposit your money at the bank we have our own crypto wallet that no body manipulate oi money, not totally embrace because bitcoin has volatility unstable price in the market. But some banks recognized bitcoin as a payment, like here our country Philippine central bank was recognized bitcoin as a payment in virtual currency on august 21 at this year.

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November 28, 2017, 11:35:03 PM
 #1527

Bitcoins bring more benefits to people, more and more bitcoin users, governments and banks are concern about bitcoin but no bank accepts bitcoin because bitcoin affects the interests of the bank. , bitcoin reduces the rate of service users of the bank.

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Bitcall
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November 29, 2017, 06:12:48 PM
 #1528

I think the bank are interessed for blockchain tecnology  (like goldmansachs or korean and japanese bank) not about Buy BTC. If they do it is becous they want speculate on it like you.
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November 29, 2017, 06:17:59 PM
 #1529

As far as I know, there is no bank in the world that accepts bitcoin directly. I think it needs a long world, and it is possible to achieve it. Because banks and bitcoins seem to be a little mutually exclusive
lestariptr
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November 29, 2017, 06:22:41 PM
 #1530

No bank receives bitcoin because bitcoin is a digital currency that they do not receive directly. The nature of bitcoin is opposite to fiat so the bank can not accept it and also bitcoin has not been in legalkan so the bank can not accept it.
DrYe5
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November 29, 2017, 06:27:30 PM
 #1531

No bank receives bitcoin because bitcoin is a digital currency that they do not receive directly. The nature of bitcoin is opposite to fiat so the bank can not accept it and also bitcoin has not been in legalkan so the bank can not accept it.

I have not heard of any bank in my country that would accept Bitcoin. That's why I have to keep all the coins in the blockchain and use them accordingly.
megalith07
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November 29, 2017, 06:39:22 PM
 #1532

I realize that when you utilize a bank to money out your BTC will consequently be changed over into fiat yet I don't have the foggiest idea about any bank who is tolerating BTC specifically. On the off chance that the trade site are associated with many banks then the bank will get the advantage too as a result of the charge the trade need to pay to finish the exchange.
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November 29, 2017, 06:44:30 PM
 #1533

Officially few banks accept Bitcoin owner's accounts "not usual people, but exchanges and companies as well as P2P heavy exchangers", I seen a press release about "32" or something that is a bank and offering Bitcoin accounts, But without interest, hence it's the same as keeping your coins in any wallet, unless you are not confident in your ability to secure your own coins.
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November 29, 2017, 10:37:52 PM
 #1534

To me, they won't accept bitcoin except a minority of those banks. They will have new coins in their system, not the bitcoin, and then they will utilize it for personal money transfers.
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November 29, 2017, 10:45:15 PM
 #1535

No-one can forecast te cost of bitcoin in the market. Maybe you should use your instinct or create ld visitor in forecasting the price of bitcoin.awh i


Many of those countries in the worl does there bank didn't accept bitcoin as a mode ofpayment or any transaction unless it was exchange it already by the currency of a country and put it in personal account. Right now few countries and there banks have studies how to adopt bitcoin in there system for the preparation of accepting bitcoin in there government.
Soranith
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November 29, 2017, 10:50:51 PM
 #1536

In my country our banks doesn't accept bitcoin but I hope it will someday since our government is talking about bitcoin regulation here. I am very positive that this can happen soon since bitcoin is unstoppable and it very popular worldwide.
Bitmora
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November 29, 2017, 10:54:00 PM
 #1537

Banks are federally regulated. The feds are very slow at making progress with new innovation. I have not yet come across any bank that accepts Bitcoin, however a few will let you bank with them even if your business revolves around the crypto world.
earl07
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November 29, 2017, 10:57:46 PM
 #1538

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.
yes there is .im from the philippines and yes we have bank that embraces bitcoin.and other financial institution,although it can be counted but its just a sign that bitcoin is not just ordinary in our place,and its trustworthy at thd same time.

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Jembut Ireng
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November 30, 2017, 12:23:50 AM
 #1539

Until now there are no banks in my country that receive bitcoin, this is because my country plans banned bitcoin. other than that banks may not receive bitcoin as long as there is no specific rule or approval from the government.
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November 30, 2017, 05:37:06 AM
 #1540



Bitcoin banking system has not been introduced in many countries located in the Asian continent. They believe that Bitcoin is illegal, and it is considered to be laundering in recent times, so the banks are not accepting bitcoins.

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