Topic: Are you aware that some Banks accept Bitcoin? - page 14. (Read 2887 times)

I think it's just a matter of time when they start accepting.

That is a welcome development, it is a positive news and has a way of making positive impact in the market price. Am not surprised though because I know it is only a matter of time before bitcoin will be legally celebrated globally.

In The batic states  cryptocurrencies are coming to light , especially Estonia, its the one with the most development integration and change

Wow!thats a great news,actually i really dont know it.Hopefhlly more banks will accept bitcoin
This only tells us that bitcoin is really strong and stable despite the rollercoaster experiences.

What a very good development! I believed one day banks in my country would do the same and that would make things easy for us as regard to local transaction and so on. Bitcoin has come to stay and nothing can destroy it existence.

where is your country?
in the country banks do not accept bitcoin. even bitcoin is forbidden to transact only if bitcoin is traded no problem

i do...
i was able to conduct transaction with some banks with regards to cryptocurrencies.
so i guess even if they dont fully support it they still find it a good means of earning.
that is why they are utilizing it too...

Yes some bank's tied up on bitcoin those bank's who tied up on BTC are the banks with a good view in the future because we all know that bitcoin is a threat to banks and government corruption, it is a one of the proof that bitcoin is really a good invention. This is good for the crypto industry, if all banks will join crypto world there will be larger crypto market.

Very good for the development of bitcoin in the future, if the bank has started to accept bitcoin, hopefully this is true news and hopefully all banks in the world can accept the presence of bitcoin, so bitcoin has more power, thus the price of bitcoin will it's easy to go up to the highest prices expected by every bitcoin user in the world.

Is it really true? I am still not convince if bank really does store your bitcoins and not in fiat. As we all know that these banks are only use to store your fiat money and not your crypto. Maybe you say that you had deposited your crypto and exchange it to fiat where bank had accepted it not the crypto itself.

I don't think that banks will accept bitcoin even now or in the future. It's really hard to happen

Currently, I have not seen any banks that accept BTC, because BTC is quite risky and unstable, so there are not any banking institutions that can operate in the field of BTC.

Ever since I don't have experience that I can have bitcoin because I am only a helper or maid. I don't know yet if their are banks that accept Bitcoin. As far as I know only the blackchain or black market who accept bitcoin but in my country, the bank here will not accept Bitcoin.

https://www.banks.com/articles/cryptocurrency/banks-that-accept-bitcoin/
Just  a good thing to know that some banks of the world already accepting Bitcoin being used in credit Cards or ATM buying or selling Bitcoin or even exchanging Bitcoin to cash. The NATIONal bank of Canada  are not so restricted to their clients . They are Very supportive for the Bitcoin holders.  The Fidor of Germany , USSA in Ameriica and Bangkera in United Kingdom are the banks accepting Bitcoiin either as a mode of payments or investment.

Never heard of this information before, if you didn't say that I still don't know it yet! Anyway, it is a great news for banks to accept Bitcoin, but this only can be accepted in other countries. I think it is impossible to happen in my country ever.

I have not been able to imagine, because in my country Indonesia. I do not know that yet. and tend to Indonesia's central bank still forbid and warned of the dangers of bitcoin volatility. perhaps if the bank legalizes and uses bitcoin, it will make it easier for us to transact cryptocurrency securely and safely.

It is good omen for the community and we now have divers ways to exchange our bitcoin to fiat. I think it is just to fantastic and this will bring more adoption of bitcoin and will allayed some fears from quarters about legitimacy of bitcoin.

I agree and I really do think that there is a third party company involved in between. You deposit your bitcoin to the third party, you convert it into fiat, and withdraw the money through your bank account but not deposit to the banks then withdraw it in an ATM. People are commenting "Wow that's good to know" in this thread but never asked OP about the link or even the name of the bank that he's claiming to exist.

Banks are made by the government, controlled by government, and is for the government. Bitcoin is for people, on the contrary. Bitcoin is too volatile for the banks to even consider accepting it in their system. Let's say that a whale have deposited bitcoins to a bank, then cashed a huge amount of money, then the price of bitcoin went down, what now? That particular bank has already lost money when they could have just stayed in the same stance that they had, the one that only accepts cash. It's also possible that the opposite will happen (someone selling bitcoins then the price of btc goes up), and they end up having more cash. But to what end? They literally have unlimited amount of money, they don't need more of your cash.

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We already have ETF for that although people can still be pretty optimistic about bitcoin if they study about it.

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I mean, just what is the reason for you to put your bitcoins in a bank which the government controls. When they decided to ban bitcoin, those that are in a bank surely will just be frozen there forever. We do have online exchanges that allows us to cash out our coins, what can the banks do that we can't do ourselves?

I don't know, because still some countries are not accepted bitcoin as currency because they think bitcoin is very risky coin, but its a good news that some countries are accepting bitcoin to the banks now.

That's a good idea. Although home-made color printing technology has made great strides, most national governments still tighten up on your own money. But with Bitcoin, this should be encouraged. Other banks are afraid of risk so they still have not accepted to put bitcoin into the credit card to withdraw money.