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Topic: Does any bank accept Bitcoin? - page 45. (Read 73830 times)

newbie
Activity: 252
Merit: 0
November 25, 2017, 07:12:15 AM
There are banks that accept bitcoin
In my opinion, bitcoin is not cash, not a money transaction but a virtual currency for it. It is not accepted by banks or bitcoin in banks.
Bitcoin is a virtual currency that can be exchanged for cash in banks and then deposited in a bank Cool Cool
full member
Activity: 420
Merit: 100
November 25, 2017, 07:07:41 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

in our country philippines they dont accept bitcoin badly. maybe they dont know yet bitcoin maybe in the future they will make an institution for ebracing the bitcoin.
member
Activity: 245
Merit: 10
November 25, 2017, 07:05:43 AM
I find that no bank accepts bitcoin at present. if bitcoin is accepted with bank. It must depend on the government and be taxed. However, I find that the bank accepts bitcoin as possible in the future
member
Activity: 490
Merit: 28
November 25, 2017, 07:00:16 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
Many banks here in our country who was accepting bitcoin by exchanging to cash, beside from that here our country I was heard on TV news that Local media has reported that the Philippines central bank has approved to recognize and regulate virtual currency exchanges earlier this year on august 21, 2017 so far its is the good news on us bitcoin users. In this way even Philippines now was trying to accept digital currencies that leads more popularized bitcoin.
Yeah the central bank of the Philippines is now recognizing Bitcoin as new innovation that would help to a faster and economical way of money remittances
and even creating a policy that would regulate and protect Bitcoin operators  from criminal activities. this is a welcome development to all Filipino because lot of them working outside there country.
jr. member
Activity: 329
Merit: 1
November 25, 2017, 06:40:41 AM
Yes usa bank accept bitcoin . My brother live in usa and he use bitcoin with his bank account.
hero member
Activity: 2590
Merit: 644
November 24, 2017, 09:38:58 AM
I don't know any bank accept bitcoin in India any bank not accept bitcoin
This is not just in your country but the same situation is prevailing in many countries, even in the developed countries there is no bank which is going to accept bitcoin at present because banks are working in a direction opposite to banks. Banks are not decentralized but bitcoin is and people are using bitcoin just because bitcoin is highly decentralized. I don’t think so this is going to happen soon.
Bitcoin will not be going to be accepted in any banks because it is decentralized and it is also volatile so there is no reason for the banks to just accept bitcoin because it will be very risky for them to deal with the volatility of bitcoin because they just might lose a lot of money in just accepting bitcoin as a deposit in their banks.
member
Activity: 126
Merit: 14
November 24, 2017, 08:15:12 AM
Apparently none if you are referring to accepting as savings deposit know because something like is not going to pass their Know Your Client (KYC) policy because banks are very strict in their clients source of income because they don't to get penalized by their central banks especially because of this scammers why banks are strict to these. Well in our country there are banks where we can cash out our bitcoins there.
sr. member
Activity: 812
Merit: 272
November 24, 2017, 08:09:53 AM
I don't know any bank accept bitcoin in India any bank not accept bitcoin
This is not just in your country but the same situation is prevailing in many countries, even in the developed countries there is no bank which is going to accept bitcoin at present because banks are working in a direction opposite to banks. Banks are not decentralized but bitcoin is and people are using bitcoin just because bitcoin is highly decentralized. I don’t think so this is going to happen soon.
full member
Activity: 1190
Merit: 111
November 24, 2017, 08:06:12 AM
well here in my country  you can withdraw your bitcoin into FIAT in any bank you want (major banks)
you can use their atm also with out the presence of debit card .. so i think the answer is yES !
full member
Activity: 350
Merit: 100
November 24, 2017, 08:04:07 AM
I think in our country there is no legal status received to the bitcoin and government is trying to make some arrangement for the online digital currencies because they are also playing its role in the country economy that’s why they are making some space in law for the digital currency like bitcoin and altcoin as well. Most of the time the countries banned bitcoin in their country and they rigid their policies for the bitcoin but it is still used everywhere banks are not openly accepting bitcoin in our country but I hope so that is in the future it will accepted everywhere.
sr. member
Activity: 476
Merit: 250
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November 24, 2017, 08:01:53 AM
no , i dont think there is a bank in my country accept bitcoin , we don’t need a bank to store Bitcoins your wallat is your bank .
legendary
Activity: 867
Merit: 1000
November 24, 2017, 07:48:42 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

I think there is no available bank that accepting bitcoins. But if there is a bank that accepting bitcoin as a storage people still going to choose a hardware wallet or online wallet that will hold their bitcoins rather than putting it into bank. Yes it might be safe to store our bitcoin there but I think it will be hassle for users unlike online wallet.

Not yet at the moment., but I am sure the bank will be accept bitcoin in the future.
Bank of Central in my country is already learn about the blockchain. May be someday them will be accept it. hoped.
newbie
Activity: 14
Merit: 0
November 24, 2017, 07:43:53 AM
Bank are generally "for profit" companies. They are also highly regulates by state and federal agencies.
If they can find a way to work with bitcoins that are easy, profitable, and without getting the regulators all worked up, I am sure they will do that.
member
Activity: 87
Merit: 13
November 24, 2017, 07:39:30 AM
i think it is not allowed or offered yet in any banks to deal with bitcoins
but i think that will be possible in the next few months,
sr. member
Activity: 602
Merit: 250
November 24, 2017, 07:38:52 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

i think bitcoin more than that because bitcoin can used by invesment for long term and in future maybe people in the world accept bitcoin so its mean the bank and people accept bitcoin or bitcoin there is a bank to itself
sr. member
Activity: 364
Merit: 256
November 24, 2017, 07:36:32 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

I think there is no available bank that accepting bitcoins. But if there is a bank that accepting bitcoin as a storage people still going to choose a hardware wallet or online wallet that will hold their bitcoins rather than putting it into bank. Yes it might be safe to store our bitcoin there but I think it will be hassle for users unlike online wallet.
full member
Activity: 290
Merit: 100
November 24, 2017, 07:35:37 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
If you are in the philippines, then the answer is simply none. No banks or money institution are supporting or embracing bitcoin. Why? Because bitcoin is not reall accepted as legal in this country. Another thing is that it is not known by all the people and the government does not accept bitcoin that is why i think there are still no banks that support bitcoin
full member
Activity: 1414
Merit: 228
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November 24, 2017, 07:31:38 AM
I do not know for sure whether the Bank that is currently standing will receive Bitcoin, but I'm sure will stand Banks that receive Bitcoin storage ...
member
Activity: 322
Merit: 10
November 24, 2017, 07:17:20 AM
I think there is no bank accept bitcoin here in my country but if there's bank that açcept bitcoin, maybe in the other country that is accepted and use them for any of their transaction for any of people who are they know.
full member
Activity: 350
Merit: 100
November 24, 2017, 07:12:18 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
For now i will say NO; but i think i have seen an advert on youtube embracing Bitcoin. I am yet to find out the whole truth about that.

























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