German online bank uses Bitcoins to transfer loans

[Gozie51]

I have been waiting for our region to do same thing,that banks will accept bitcoin not only for loan transfer but for all transctions that involves money

Is rather unfortunate that most of us don't understand the way revolution starts. It starts from one region and slowly creeps into another before engulfing the whole place that is open to it and in the case of cryptocurrency, it is going to touch the whole world.

I therefore believe that the world is gradually feeling a financial revolution coming, so whether bitcoin has been used by German banks for loan transfer or pay up loans, it will eventually be used for daily business financial transactions across.

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[esetop01tryba]

Blockchain is very widely stepped in its development ! He is not a technology in one state or the enterprise he is truly world technology !

[rugbyma]

This is the first step for the bank to use Bitcoin in the system. Gradually, Bitcoin will take on more important roles.

[OnceTwiceThird]

really good when Germany bank have using bitcoin for giving loan to costumers, maybe could accepted by other companies using bitcoin as payment. more easy and fast transaction take time if using bitcoin as payment,

[Nolimitz84]

Germany is a very pragmatic country. Before doing something, it will think 100 times) Therefore, I am sure that the decision was taken deliberately. And this is very pleasing. I hope Germany will become an example for other countries.

[basyang]

This is a good news for cryptos ; and many banks around the world will follow soon.

Banks and Bitcoin will go hand in hand in future I feel

well, I think Germany is very open to do it. In other countries Banks see cryptos as their reveals but in this country they combine it. Which is very good to see that they unite not to have a competition but to have a good service to their people.Like other countries such as South korea, Japan and Germany hopefully, other countries could see it too, that Banks and cryptos can be great together.

[Johnyz]

Germany is a very pragmatic country. Before doing something, it will think 100 times) Therefore, I am sure that the decision was taken deliberately. And this is very pleasing. I hope Germany will become an example for other countries.

They are very professionals in handling things like this and I know Germany is a good country maybe this might gonna happen soon but it will happen for good. A great step to finally accept bitcoin by all major banks around the world, its a long process that’s why we need to be more patient.

[t3ChNo]

A great step for adoption. I hope more banks follow suit.

[kateycoin]

Well it's awesome news because you can get a loan in everywhere because of that. It's a great way so people get their loan without  any problem you dont need to go to their place to make a loan. So it's a great news.

[khaled0111]

If bitcoin is not against the German regulations then such news should be expected.

The problem is that bitcoin can't survive with banks and since we can't change how bitcoin works, banks should change their rules to fit bitcoin and blockchain rules.

[yitzjoe]

Germany has been open to crypto and this has made the fundamental basis for trading a few days ago so that the ripple price (XRP) rose to 60% and was able to briefly cap the ETH position which is ranked 2 on coinmarketcap

[Pattart]

really good when Germany bank have using bitcoin for giving loan to costumers, maybe could accepted by other companies using bitcoin as payment. more easy and fast transaction take time if using bitcoin as payment,

Yeah that is a good step from the development of bitcoin, I also hope that many banks in various countries follow the same thing or even better by accepting deposits and withdrawing using bitcoin, of course that will be a very good development for bitcoin itself and of course it can be profitable for both parties..

[centimentalking]

This is the first step for the bank to use Bitcoin in the system. Gradually, Bitcoin will take on more important roles.

Glad to here there's some banks who accept bitcoin and believe in it. Now days bank are totally refused the bitcoin and cryptocurrency due to highly volatile.

[Mespirst]

Blockchain is very widely stepped in its development ! He is not a technology in one state or the enterprise he is truly world technology !

We should spread this news to our bitcoins lover and haters too. More you try to down bitcoin more it rise.

[Assface16678]

This is awesome, if the major countries will go on for the cryptocurrencies, I think that smaller countries will follow their examples fast!

It has a point really. With the help of banks, probably the popularity of bitcoin of other coins or maybe the cryptocurrency itself will boost. This is a good indication, a good example and a good thing to start with. But the thing here is, the essence of bitcoin being the digital currency without interactions from private administrations will be gone. But who knows, the positiveness will help to boost.

[Assface16678]

This is awesome, if the major countries will go on for the cryptocurrencies, I think that smaller countries will follow their examples fast!

It has a point really. With the help of banks, probably the popularity of bitcoin of other coins or maybe the cryptocurrency itself will boost. This is a good indication, a good example and a good thing to start with. But the thing here is, the essence of bitcoin being the digital currency without interactions from private administrations will be gone. But who knows, the positiveness will help to boost.

[Assface16678]

This is awesome, if the major countries will go on for the cryptocurrencies, I think that smaller countries will follow their examples fast!

It has a point really. With the help of banks, probably the popularity of bitcoin of other coins or maybe the cryptocurrency itself will boost. This is a good indication, a good example and a good thing to start with. But the thing here is, the essence of bitcoin being the digital currency without interactions from private administrations will be gone. But who knows, the positiveness will help to boost.

[Siren]

Well i am hoping this to take effect in my region as banks here are harder to get loans,but when bitcoin takes place and cryptocurrency become considerable.then maybe i would make some legitimate loans and have good transactions from bankings

Thinking how german governments trest bitcoin and all thr alternative coin?because in ours still banks and crypto i in war for the clients

[haroldtee]

Blockchain is very widely stepped in its development ! He is not a technology in one state or the enterprise he is truly world technology !

We should spread this news to our bitcoins lover and haters too. More you try to down bitcoin more it rise.

Bitcoin lovers, haters or whatsoever you want to call them all know what is going on with the news. They listen to the news with respect to crypto almost everyday and even if they do not, the mainstream media are really doing some good job, whether it is bad, good or fake news irrespective.

The thing is we will gradually start seeing developments like this as we move on and government as well as banks will start seeing how they can tap into the space and be able to find cases in which they can make use of it effectively and improve the way things have been done in the past and German for now have seen the importance and benefits it brings in lending.

[Howits]

This is the first step for the bank to use Bitcoin in the system. Gradually, Bitcoin will take on more important roles.

It might possible German government are supporting bitcoin and want to see him on moon. I hope it can bring more investment in bitcoin and crypto currency and the price of bitcoin start raising again.