Are you aware that some Banks accept Bitcoin? - page 18.

batang_bitcoin

hero member

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Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

Name this bank.

That still matters if PayPal will adopt bitcoin since it gave some negative words about bitcoin, if it will state that they are adopting bitcoin that's way better to hear.

Many are waiting for your reply on what's this discovery you've got. To me, any legal business that adopts bitcoin makes the market better.

Serenar

member

Activity: 177

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Surprise, the Bank? I have to believe?
I need the link for evidence. Will it's interesting and excited if that is the correct information

X-Infinity

newbie

Activity: 108

Merit: 0

Quote from: TepungBeras on July 29, 2018, 06:18:51 PM

this is great if any bank has received bitcoin, and I always hope that all banks around the world can receive bitcoin entirely, and this will bring better prices.

There is already an ICO working on issuing an "all crypto" debit card functioning JUST like Visa and MasterCard but with far lower transaction rates. www.xinfinity.io Wink

Funeral Wreaths

full member

Activity: 177

Merit: 100

i am not quiet so sure about this but i've heard some of my friends say that there are already banks accepting crypto or bitcoin to be exact, and i've also heard that there are several establishments and corpprations that are in partnership with cryptocurrencies, but honestly even one of them i had never tried.

X-Infinity

newbie

Activity: 108

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Quote from: IndigoRed on July 30, 2018, 09:26:05 PM

I’m curious to know what role the banks will play on the event that everyone is already using a virtual currency. I mean, isn’t cryptocurrency called a disruptive technology because it is completely designed to shake up the financial paradigm? It should be our goal to give more power back to the people, right?

If you cant beat'em, join'em. There are already banks adopting or have already adotped blockchain technology - Goldman Sachs, Microsoft and Bank of America Merrill Lynch, R3, Barclays, HSBC, and Co., Royal Banking Group of Canada, Australia and New Zealand, and JP Morgan. You should chekc out this ICO, X-Infinity, working on issuing an "all crypto" debit card functioning JUST like Visa and MasterCard but with far lower transaction rates. www.xinfinity.io Wink

X-Infinity

newbie

Activity: 108

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Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

There is already an ICO working on issuing an "all crypto" debit card functioning JUST like Visa and MasterCard but with far lower transaction rates. www.xinfinity.io Wink

IndigoRed

jr. member

Activity: 196

Merit: 1

I’m curious to know what role the banks will play on the event that everyone is already using a virtual currency. I mean, isn’t cryptocurrency called a disruptive technology because it is completely designed to shake up the financial paradigm? It should be our goal to give more power back to the people, right?

sabihanazir

newbie

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It is really a good news , i am very happy with this news, but my countries bitcoin is still not accepted by the government because they think bitcoin is very risky coin. But i think it was still limited only because not all country have that kind of bank.

nickwen

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Activity: 261

Merit: 10

Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

I was surprised to hear that some banks are accepting Bitcoin. I think the government and the banks will oppose Bitcoin because they think Bitcoin can not control it. Some news says PayPal is interested in blockchain technology. Hopefully, PayPal will accept Bitcoin

sgdgiig123

newbie

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Major banks started accepting Bitcoin. As a result, Bitcoin will heat up in the coming time.
Most banks encourage the use of Bitcoin, by offering Bitcoin futures contracts, which allow for the transfer and withdrawal of funds from specialized exchanges for bank accounts that are not credit cards.

Leo Barnes

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Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

Yes, in the Philippines Almost our local banks accept bitcoin transaction you can buy and sell bitcoin over the counter or in an ATM machine.

taeewo

full member

Activity: 392

Merit: 100

Quote from: outsider25 on July 29, 2018, 08:07:39 PM

In September 2014, PayPal announced that it is partnering with three bitcoin payment processors: BitPay, Coinbase, and GoCoin. With their help, the company will now offer PayPal merchants the opportunity to receive bitcoin in return for digitally downloadable items.

Where is the source of this your news because i have known or heard of this before, paypal are so strict that they wont want to integrate something risk in making transactions like bitcoin.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

I personally think the whole idea with Bitcoin was, to bypass institutions like Banks or third party payment systems and to be a alternative for these systems. People must remember that these services were part of the problem and this is why Satoshi developed this payment system, to improve on these payment systems and to ultimately replace them.

We do not need Banks to destroy pseudo-anonymity with all their KYC/AML rubbish. ^hmmmm^

Maymun_lavigne

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Activity: 434

Merit: 126

Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

I have never been to a bank that received bitcoin and cryptocurrency.
with the very risky character of bitcoin that is always fluctuating price I think bitcoin will be hard accepted by the state and also bank, but my guess is wrong and you have told us if in your country have received bitcoin and cryptocurrency this is a very good news , I hope that bitcoin and cryptocurrency will be more widely accepted in all countries.

dlouulmusthofa

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Activity: 233

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as well as ripples, ripples have so many banks and payment institutions that have become members. this is because ripple has an advantage in small cost for global payments

AliciaHenry12

newbie

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I know. In the United States, more and more countries are opening and accepting Bitcoins and currency coded. Undoubtedly, this proves they are seeking to reap some of the financial benefits that the cryptographic world provides. This is understandable because the market capitalization of coding currency is nearly 444 billion dollars.

Some countries have adopted Bitcoin and have put in place real laws to regulate Bitcoin transactions. The first country to adopt Bitcoin was Japan. Bitcoin is considered a legal payment method in Japan and some organizations recognize it as a currency. The laws governing banking transactions have not changed, but they are also being considered to make Bitcoin even usable in everyday life.

pooya87

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you should provide more information bro. like where are these banks? in which country? do you have some names? it is surprising to hear it to be honest, i always knew that some day they would do it and i am still sure that they will but never knew there were banks that have already done it.
there was one case of course which a bank said they would use bitcoin for their oversees transactions but they weren't accepting it as deposits.

as for paypal, them accepting bitcoin or not wouldn't make a difference. we want merchants to accept bitcoin, otherwise paypal is something that some people who want to exchange their bitcoin to paypal and vice versa want.

babarian

full member

Activity: 658

Merit: 100

I have known about this good news, I am very happy with this news, it is news that proves that bitcoin continues to grow and start receiving by some countries, even though my country can not accept it I hope in the future my country can accept bitcoin wisely

KriptoA

copper member

Activity: 37

Merit: 1

Wow. i hope your info is true. In my countries, bitcoin is still not accepted by the government. Therefore, it is hard to see banks accept bitcoin

TheGodFather

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Merit: 500

Quote from: bigblackdeck45 on July 29, 2018, 08:16:00 PM

Yes I am quite aware that banks are starting to adapt and accept bitcoin. Here where I live there are already banks accepting bitcoin and I do exchange and cash out regularly. Our country also has legalize bitcoin and supports it which makes my life more easier.

yes,I am aware that some banks accept the bitcoin. actually, in my country. the banks are accepting ang support the bitcoin. they allowed it to flow in my country but at the other side , the flow of the bitcoin is limited and also, the banks in my country give warning about the cryptocurrency because we know that in the cryptocurrency there are many crime activities happen and the most common is scamming.

Topic: Are you aware that some Banks accept Bitcoin? - page 18. (Read 2881 times)