Can customers still make purchases using bitcoin.
Of course! Here is our trading post:
https://bitcointalksearch.org/topic/amagi-metals-best-prices-of-gold-silver-for-bitcoins-130831
Topic: Bank of the West is Shutting Down Our Account for Accepting Bitcoins (Read 8026 times)
August 18, 2013, 10:37:46 AM
Of course! Here is our trading post:
https://bitcointalksearch.org/topic/amagi-metals-best-prices-of-gold-silver-for-bitcoins-130831
August 17, 2013, 02:49:05 AM
Can customers still make purchases using bitcoin.
August 16, 2013, 03:30:43 PM
Why do you need a bank?
Go on the silk road and get a bitcoin creditcard!
Top it up in BTC and withdraw in USD or Euro at the ATM.
Disclaimer: I have never tried it, just noticed them while snooping around
Go on the silk road and get a bitcoin creditcard!
Top it up in BTC and withdraw in USD or Euro at the ATM.
Disclaimer: I have never tried it, just noticed them while snooping around
August 16, 2013, 02:17:10 PM
Update:
We are now banking at a few locations, the most notable being IAFCU which the bitcoin community strongly recommended. Thank you for all your help and support!
We are now banking at a few locations, the most notable being IAFCU which the bitcoin community strongly recommended. Thank you for all your help and support!
August 04, 2013, 01:33:58 AM
I've added this to the list of hostile banks thread:
https://bitcointalksearch.org/topic/list-of-bitcoin-hostile-and-friendly-banks-264679
https://bitcointalksearch.org/topic/list-of-bitcoin-hostile-and-friendly-banks-264679
August 02, 2013, 08:28:36 PM
I wish you and your business the best and much profit in life.
And we should continue to notify each other of hostile banks.
But with those things said, I can't for the life of me understand why so many BTC users/ companies act SURPRISED when their bank shuts them down or otherwise misbehaves when they realize your involved with BTC.
I mean, jeez, it's not like BTC is a threat to the current banking system or anything.
And we should continue to notify each other of hostile banks.
But with those things said, I can't for the life of me understand why so many BTC users/ companies act SURPRISED when their bank shuts them down or otherwise misbehaves when they realize your involved with BTC.
I mean, jeez, it's not like BTC is a threat to the current banking system or anything.
July 31, 2013, 08:49:29 AM
Ernest Hancock on LRN.FM will be interviewing Amagi Metals owner, Stephen Macaskill, about bitcoins, the banking industry, and our current banking situation.
July 24, 2013, 07:19:32 PM
Wells Fargo will not allow us to open an account with them. They said that they will not work with any business that accepts, sells, or holds bitcoins.
Even if you are a business that holds onto bitcoin...
Even if you are a business that holds onto bitcoin...
July 22, 2013, 11:24:36 PM
Is the bank black list site down? Can't connect...
July 22, 2013, 03:48:25 PM
We accept bitcoins as payment for our products. However we do not sell them or exchange them with individuals.
Did they tell you why they closed your account for accepting Bitcoin? For example, did they think you were a Money Transmitter? Or did they not give a reason other than that you were accepting BTC?
July 22, 2013, 12:15:43 PM
Hello bitcoin community,
BotW is shutting down our bank account for accepting bitcoins and we need your help suggesting a new bitcoin-friendly bank!
Most of our business is not in bitcoins, however we wish to continue serving the bitcoin community and we are not happy with BotW!
For more information:
http://www.reddit.com/r/Bitcoin/comments/1inixa/bank_of_the_west_is_shutting_down_our_bank/
BotW is shutting down our bank account for accepting bitcoins and we need your help suggesting a new bitcoin-friendly bank!
Most of our business is not in bitcoins, however we wish to continue serving the bitcoin community and we are not happy with BotW!
For more information:
http://www.reddit.com/r/Bitcoin/comments/1inixa/bank_of_the_west_is_shutting_down_our_bank/
Where you only accepting bitcoins as donations? Or where you exchanging/selling/buying BTC with USD?
We accept bitcoins as payment for our products. However we do not sell them or exchange them with individuals.
July 22, 2013, 11:28:39 AM
Hello bitcoin community,
BotW is shutting down our bank account for accepting bitcoins and we need your help suggesting a new bitcoin-friendly bank!
Most of our business is not in bitcoins, however we wish to continue serving the bitcoin community and we are not happy with BotW!
For more information:
http://www.reddit.com/r/Bitcoin/comments/1inixa/bank_of_the_west_is_shutting_down_our_bank/
BotW is shutting down our bank account for accepting bitcoins and we need your help suggesting a new bitcoin-friendly bank!
Most of our business is not in bitcoins, however we wish to continue serving the bitcoin community and we are not happy with BotW!
For more information:
http://www.reddit.com/r/Bitcoin/comments/1inixa/bank_of_the_west_is_shutting_down_our_bank/
Where you only accepting bitcoins as donations? Or where you exchanging/selling/buying BTC with USD?
July 20, 2013, 11:13:46 PM
Get off the grid.
Experience freedom.
Experience freedom.
Not as easy as you might think.
I agree. And there are things that I cannot move off the grid. Those things are taxed and tracked up the ying yang. It is legalized theft and servitude.
July 20, 2013, 10:53:59 AM
America, the land of the free.
Freedom's just another word for nothing left to lose...
<----- I <3 this
July 20, 2013, 07:48:16 AM
Get off the grid.
Experience freedom.
Experience freedom.
Not as easy as you might think.
July 20, 2013, 07:43:48 AM
Hint: Start organizing your businesses in such a way that you don't require a bank account at all. Here's an example of how it might work:
http://www.reddit.com/r/BitSpend/comments/1gqjf8/an_open_letter_to_the_bitspend_team/
http://www.reddit.com/r/BitSpend/comments/1gqjf8/an_open_letter_to_the_bitspend_team/
Are you joking? This? \/
"Another way to allow Bitcoin users to shop at stores that only accept USD is to match them up with people who want to buy Bitcoins with Dollars."
Just so i get this straight:
-I sell mittens for bitcoin.
-I should provide my bitcoin customers with middlemen who will buy their bitcoins for dollars?
-Once my customers have exchanged their bitcoins into dollars, they spend their dollars to buy my mittens?
a) How am i a bitcoin store? I obviously want nothing to do with bitcoin, requiring my customers to turn their bitcoins into dollars before i touch their money.
b) Who in their right mind would go through such rigmarole to buy a pair of mittens? Most would simply stop pretending they're Rube Goldberg & trade in dollars.
July 19, 2013, 11:30:00 PM
Please let us know what you end up doing...
July 19, 2013, 07:02:36 PM
America, the land of the free.
Bank of the West is owned by BNP Paribas so this might not just be a USA thing.
July 19, 2013, 06:33:42 PM
I was just going to suggest that bitcoin stop accepting Bank Of the West. Yeah!
July 19, 2013, 06:08:53 PM
Hint: Start organizing your businesses in such a way that you don't require a bank account at all. Here's an example of how it might work:
http://www.reddit.com/r/BitSpend/comments/1gqjf8/an_open_letter_to_the_bitspend_team/
http://www.reddit.com/r/BitSpend/comments/1gqjf8/an_open_letter_to_the_bitspend_team/
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