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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
Tramle091296
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January 05, 2018, 05:40:55 PM
 #1741

I dont think there's bank that accept bitcoin. Even in a country that let bitcoin operate but the bank is not occupied in it. But i think there is some store or any services that accepts offers or order using bitcoin.

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cybersofts
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January 06, 2018, 07:55:21 PM
 #1742

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 do you need banks or any financial institution to accept bitcoin while there are tons of bitcoin wallets online? Anyway, i recently read on the paper saying Dubai authorized banks to exchange bitcoin, though i don't really know how that system works actually.
Crypto-2X
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January 06, 2018, 08:39:28 PM
 #1743

I don't think so... However one of my friends told me that the BTC ATMs are already installed in some county.
So people can buy and sell BTC using thouse ATM.
babsalt1975
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January 06, 2018, 09:27:25 PM
 #1744

The emerging trends in Bitcoin have started to scare away people, especially the banks who were waiting to see how the market behaves. In fact, it looks like bitcoin is a competitor to the banks therefore accepting bitcoin by any bank will be detrimental to their business. Personally, I think any bank that can be bold enough to accept bitcoin will have many customers and thereafter make a kill out of this
Creating N Action
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January 06, 2018, 09:57:40 PM
 #1745

I don't know what bank are you talking about. The question is can you please give atleast one bank for us to know first if bitcoin would accept it. But right now, my answer is No, Bitcoin is not accept by any banks because some banks says that bitcoin is one of their competitor. Bitcoin is just for a simple market though it is all about depositing money, exchanging or getting money from the bank .

syntac
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January 06, 2018, 10:13:10 PM
 #1746

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'm not sure there is a bank willing to accept bitcoin, because banks strongly reject the presence of bitcoin that threatens their existence in managing finances. Under these circumstances, Satoshi Nakamoto created bitcoin as a solution to avoid greedy banks.
smith136
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January 06, 2018, 10:14:17 PM
 #1747

Good to know if a bank accepts bitcoin already but unfortunately I haven't heard one yet, I know some banks here in my country that accepts cash coming from bitcoin or cryptocurrencies and there are others that reject it as well.

railsinvoices
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January 09, 2018, 06:25:11 PM
 #1748

The main purpose of Bitcoin is to have freedom from banks and give the full control to the users. It would be impossible for banks to accept btc.
rudox
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January 09, 2018, 06:32:26 PM
 #1749

Banks that are looking for the annihilation of Bitcoin will not accept it , till when it has become open to them that blockchain technology is  the future.
cryptoheroin
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January 09, 2018, 06:37:17 PM
 #1750

I doubt theres no existing bank that accepts bitcoin as a payment because BTC is created to remove the banking system.

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Melvin Narag
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January 09, 2018, 07:04:30 PM
 #1751

maybe in the future will can not say yes
streetlight
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January 09, 2018, 07:29:22 PM
 #1752

Most banks don't accept Bitcoin. Even in developed countries, the chances of banks accepting Bitcoin transactions are slim to none. None of the banks here do at all. Most of them will close your account instantly if/when they discover BTC transactions are taking place. I had the unfortunate experience of this happening last year and definitely don't want it to happen again... it was really annoying and a big hassle to say the least.
An0nyMoose
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January 09, 2018, 07:34:24 PM
 #1753

As far as I'm aware, there isn't any bank that accepts Bitcoin that I know of. The only cryptocurrency that is used by banks consistently is Ripple. In fact it was made for banks. Otherwise, I simply don't know of any crypto that is accepted by them, especially Bitcoin because in my experience even first-world countries haven't regulated it and banks don't want to deal with cryptos on that basis. They are often used for illegal activity also which presents a problem for banks.

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jmiro1
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January 09, 2018, 07:40:44 PM
 #1754

I don't think any bank accept Bitcoins. I believe no banks will accept Bitcoins in near future. But some financial institute might accept Bitcoins. PayPal for example, they started to accept Bitcoins as a payment method or transaction method. Recently PayPal started it, last week if I recall correctly.
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January 09, 2018, 08:18:20 PM
 #1755

Banks in Switzerland accepting bitcoin as saving scheme
Eclipse2021
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January 09, 2018, 08:29:58 PM
 #1756

well I saw on my local shop that you can pay some rents with bitcoin to a bank called IDEEA or something like this but I'm sure that in the future banks will no options rather than embrace the blockchain tech.

 
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cryptomorphines
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January 09, 2018, 09:05:36 PM
 #1757

Banks wont accept bitcoin because they are closing accounts that has cryptocurrency related transactions.
mabell943
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January 15, 2018, 06:31:50 PM
 #1758

for now I don't know if there's any bank who accept bitcoin, because I know that there has a bank who are against in bitcoin,
because many people invest in bitcoin rather than investing in bank. In the future we can imagine that all the banks will accept and support bitcoin because they can also earn in it and get more profit.
ceedtime
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January 15, 2018, 06:32:23 PM
 #1759

for now I don't know if there's any bank who accept bitcoin, because I know that there has a bank who are against in bitcoin,
because many people invest in bitcoin rather than investing in bank. In the future we can imagine that all the banks will accept and support bitcoin because they can also earn in it and get more profit.

I heard some Australian banks accept bitcoin but I'm not sore about this. Japan can be the first country accepting btc in banks probably.
mustangtartlet
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January 15, 2018, 07:34:52 PM
 #1760

There is no banks available that accepts Bitcoin yet. I don’t think they would accept it in the first place because Bitcoin is anonymous and connecting with a bank would take away that anonymity.
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