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Author Topic: Does any bank accept Bitcoin?  (Read 73806 times)
rfouziha
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January 26, 2018, 05:58:05 PM
 #1881

In my country it is not possible to accept Bitcoin in any bank Our government has strict stand that to announce bitcoin is remind as ban only so nothing to worry most of the government required ban so empowering  its expenses so nothing to worry about bitcoin
bitsharks95
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January 26, 2018, 06:15:11 PM
 #1882

 I've been banking with M&T Bank in Maryland for a long long time. I've been buying bitcoins through linked exchange accounts since late 2011 and have never had a single issue. Smiley
akhilsh6896
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January 26, 2018, 06:29:43 PM
 #1883

Not that I know of but if there is one then it would negate the most important idea of decentralisation. 
cyriljundos
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January 27, 2018, 04:29:42 AM
 #1884

for me there is no bank receiving bitcoin. the securety bank you can then withdraw money to exchange.in coinbase and blockchain wallet you can transfer to cebuana lhuillier

verygusmansyah
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January 27, 2018, 05:22:11 AM
 #1885

in my opinion, no bank receives bitcoin. because bitcoin is virtual money that can harm a bank if they accept bitcoin.

luigidosado
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January 27, 2018, 05:24:11 AM
 #1886

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.
Til' now in our country, banks still don't accept bitcoin directly for bank transactions. Our government still looks to all transactions between bank and bitcoin a suspicious thing because of the scams that happen. In order to keep our money from bitcoin, we had to convert it first into cash before depositing it to the bank. I think its still impossible for banks to accept bitcoins because their system is not yet adapting to it and they still consider it as a competition. But I thinks its better that banks will not be involved in bitcoin so that there would be less transactions fees and tax to pay.

niceone
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January 27, 2018, 05:24:55 AM
 #1887

Right now there is no bank yet that is accepting bitcoin or any other crypto, Well it's not surprising because 1 of the main reason why bitcoin created is to eliminate 3rd parties in a transactions which is what the bank is doing right now..

rokok76
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January 27, 2018, 05:53:55 AM
 #1888

I think for now there is no bank that received bitcoin directly
handsomes
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January 27, 2018, 06:30:03 AM
 #1889

Nope because bitcoin can not accept in any bank you need to first convert it for you get your money in the bank and you get a quick so you need to hold it and make sure you can handle it your bitcoin.
Mr.John19
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January 27, 2018, 07:33:04 AM
 #1890

As for now there are no bank accepting the bitcoin. The reason why banks don’t recognize the bitcoin because bitcoin and banks are both competitors. Some people want the money they invest will double or tipple in the short period. Banks also afraid to lose the income because of the movement of the value of the bitcoin can’t predict. But then, I hope someday banks accept the bitcoin scheme.  It will be comfortable to the people process the transaction and to avoid hacker.
   
Df9898
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January 27, 2018, 07:55:50 AM
 #1891

Yes , because bitcoin have a high profit and high value
caloriecoin
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January 27, 2018, 07:57:58 AM
 #1892

Visa is rejecting all crypto currency payments.

Bankers would not want to loose control so easily.

anku4009
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January 27, 2018, 08:08:48 AM
 #1893

I think all banks will accept bitcoin because ,In future bitcoin cross high value in  investment market and online trade market .so banks have no option to forget this .
Ada567
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January 27, 2018, 08:45:45 AM
 #1894

For now, no bank in my country accepts bitcoin, so not all banks accept bitcoin, and some banks may accept it.
skillzdunk2
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January 27, 2018, 10:26:37 AM
 #1895

As of now, no bank has started accepting bitcoin as currency.
But Bank of America has seen it as potential currency of future. This is an optimistic gesture.
However, some associations across the world have opened bitcoin ATM, where such transactions are entertained.
21millionsbtc
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February 05, 2018, 07:49:37 PM
 #1896

some banks in swiss accepting bitcoin as asset class some banking future is bitcoin
ClownSpider
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February 05, 2018, 09:34:33 PM
 #1897

Bitpay.com is a bank
They will give you a VISA card.

Works in ANY STORE
works ONLINE
works at ATM machines!

SOLVED
Dico88
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February 06, 2018, 12:18:28 AM
 #1898

For me, the bank only accepts fiat instead of digital currency like bitcoin. Also bitcoin itself is not a legal currency and bitcoin just needs to be acknowledged by the government to do it, so I do not accept the bank in the near future as well. Cool
#davidnugroho
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February 06, 2018, 12:48:46 AM
 #1899

If in my country does not exist but if in bali ever exist but not allowed at this time because bitcoin currency there is no regulation that set bitcoin because there is no understanding, I know in news so must be in exchange currency used. in my country and bit by bit bitcoin will dominate the world market.
yuyuchain
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February 06, 2018, 02:58:17 AM
 #1900

I have not heard of banks accepting bitcoin, at least my country is impossible, because my country still prohibits bitcoin.
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