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Topic: [2013-12-20] Australian Bank Publishes Report ‘Bitcoin to replace AUD?’ (Read 1843 times)

hero member
Activity: 686
Merit: 500
vini, vedi, no vici.
Link to detailed report?
GnB
newbie
Activity: 33
Merit: 0
The report is by NAB, which appears to be by far the most bitcoin-friendly of the Aussie banks. My former bank, the Communist Bank Grin is bitcoin-hostile. There are mixed reactions about ANZ; it seems as though they aren't necessarily overtly anti-bitcoin per se, but they have "fraud concerns".

How do you classify the Australian banks as bitcoin-friendly and bitcoin-hostile? Has the Communist bank suspended savings accounts for doing BTC transactions?
Friendly:
NAB/Westpac have currently taken on many of Australia's Bitcoin-based businesses with little issues (that I've heard of at least).

Hostile:
The business + personal accounts of all the coinjar founders were closed within a few weeks of releasing the website to the public (commonwealth bank).

Not to sure about the others but that's one real example.
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
The report is by NAB, which appears to be by far the most bitcoin-friendly of the Aussie banks. My former bank, the Communist Bank Grin is bitcoin-hostile. There are mixed reactions about ANZ; it seems as though they aren't necessarily overtly anti-bitcoin per se, but they have "fraud concerns".

How do you classify the Australian banks as bitcoin-friendly and bitcoin-hostile? Has the Communist bank suspended savings accounts for doing BTC transactions?

Coinjar which is Australia's version of  Coinbase uses NAB. 
newbie
Activity: 36
Merit: 0

FYI - We have recently established a partnership with Australian business banking relationships and now offer local AUD deposits and withdrawals.  It would appear that Australian banks are finally warming to Bitcoin.

ANXBTC.COM
legendary
Activity: 3766
Merit: 1217
The report is by NAB, which appears to be by far the most bitcoin-friendly of the Aussie banks. My former bank, the Communist Bank Grin is bitcoin-hostile. There are mixed reactions about ANZ; it seems as though they aren't necessarily overtly anti-bitcoin per se, but they have "fraud concerns".

How do you classify the Australian banks as bitcoin-friendly and bitcoin-hostile? Has the Communist bank suspended savings accounts for doing BTC transactions?
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
lol... it seems that the bankers are panicking everywhere. Be it the American ones or the Chinese ones... or even the Australian bankers.... everyone is afraid of the Bitcoin. A good thing, I'd say.  Grin

The report is by NAB, which appears to be by far the most bitcoin-friendly of the Aussie banks. My former bank, the Communist Bank Grin is bitcoin-hostile. There are mixed reactions about ANZ; it seems as though they aren't necessarily overtly anti-bitcoin per se, but they have "fraud concerns".
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
its good to see these reports. i read 3-4 until today from different banks. they are relative neutral. all these reports are very good signs for bitcoin i guess.
legendary
Activity: 3766
Merit: 1217
lol... it seems that the bankers are panicking everywhere. Be it the American ones or the Chinese ones... or even the Australian bankers.... everyone is afraid of the Bitcoin. A good thing, I'd say.  Grin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
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