Does any bank accept Bitcoin? - page 48.

annanava

newbie

Activity: 42

Merit: 0

Quote from: the_poet on December 13, 2015, 04:21:07 PM

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.

No there are not banks that accept bitcoin. The main reason is that bitcoin was created to be a decentralized currency, managed only by the blockchain technology. So the main issue with that financial institution may accept it, is a contradiction to the cryptocurrency itself. So right now the most important is invest on it, because it has grown a lot. I recommend you propthereum.io an excellent project.

zeingrind777

full member

Activity: 994

Merit: 138

Quote from: the_poet on December 13, 2015, 04:21:07 PM

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.

it seems that there is now ATM (Automated Teller Machine) bitcoin, and some exchangers are also already there that make bitcoin card debit, so we can take cash at ATM.

the problem, if called a bank means leading to the old financial authority and still exist today, but bitcoin is made for our own bank, therefore there is a desktop wallet.

saedasda

full member

Activity: 147

Merit: 100

Here in the Philippines you can now buy bitcoin using banks but i dont know if you can cash out directly using bank

Klestar

full member

Activity: 210

Merit: 100

Quote from: the_poet on December 13, 2015, 04:21:07 PM

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.

dont think if some bank accept this because to be honest in my country security bank is my way to withdraw my money i have a wallet then if i receieve the code to my email it is easy to withdraw this in security bank

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Bitcall on November 15, 2017, 04:02:08 PM

I think not yet, but i also think Ripple working on help Japan and SouthKorea bank to build a bank based on blockchain.

Ripple is pro bank and it's centralized, the supply is very big and I don't think they can grow easily.
I still have xrp in my portfolio and it seems like it's going to be a long term hold, it's not moving as the way I expected but the moment
they can have big banks partnership, I guess this will rise.

niceone

member

Activity: 88

Merit: 11

I don't think there is a bank in this world that is accepting bitcoin, satoshi created bitcoin to eliminate third parties in your transactions and that is the bank so i don't think that banks will accept bitcoin knowing it's purpose to eliminate third parties.

Bitcall

full member

Activity: 196

Merit: 105

I think not yet, but i also think Ripple working on help Japan and SouthKorea bank to build a bank based on blockchain.

cryptoblazter

full member

Activity: 421

Merit: 100

Quote from: the_poet on December 13, 2015, 04:21:07 PM

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.

So far I never heard that there is a bank accepting bitcoin, but I remembered when open you tube I saw there that Digital currency is the future of banking finance. I'm not sure about this things just feel free to correct me only.

turkmachiavelli

full member

Activity: 434

Merit: 100

Any bank don't want to use bitcoin or spread bitcoin because their job existes with money. All bankes keep away than bitcoin.I think this stiuation will be broken because bitcoin may will be currency in the all world.

alihassan99

full member

Activity: 378

Merit: 103

still now i didnt see any bank accepting bitcoin.. but i am seeing a future in bitcoin so many banks will start accepting the bitcoin.. but sometimes i think the anonymousity of the person is effected from this system

bce

sr. member

Activity: 756

Merit: 250

Quote from: the_poet on December 13, 2015, 04:21:07 PM

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 the meantime in my country there is no bank that uses bitcoin as a storage tool and financial transactions because my country bitcoin not yet officially authorized as the official currency

Fahim

full member

Activity: 280

Merit: 101

I did not hear about it. However, I read the article today that one man in Ibiza sold the palace for 1850 BTC. It's not really a deposit in the bank. However, it's a good investment.

reda

sr. member

Activity: 910

Merit: 260

I thing bank not accept the bitcoin. Bitcoin is not use the most for the place and bitcoin is not use the market place mostly. So that the ranson for not accept the bitcoin. Nowadays money only use for the all process. Money is retort the all place and invest the business improvement and share market place.
Switzerland is now work for the accept the bitcoin process. Now it will not start but it will start the plan for the bank accept bitcoin process.

FIFA worldcup

full member

Activity: 1134

Merit: 105

I don't think any bank exist who accept bitcoins. Most of banks are not aware about crypto currency. But you can use the banks to withdraw and sending money while selling or buying the bitcoins.
Many bitcoins use the bank in order to buy bitcoins and use the same method to withdraw money when they sell it. I myself use localbitcoins.com to buy and sell the bitcoin and use banks to withdraw the money

sunno330

full member

Activity: 406

Merit: 100

homt.net

Quote from: heyouyou on November 15, 2017, 06:01:29 AM

So far I have not heard of banks that accept bitcoin, and I only know that I can put my money through the bank to the exchange to buy bitcoin.

That's exactly what you said.
Same here, I did not even hear that a bank accepts Bitcoin.
If that were the case then it would not have been bad.

acmagbanua21

member

Activity: 84

Merit: 10

for me bitcoin is a payment system and that is the only thing the bank can give to it, we have to be more realistic here, bank accepts fiat because it can easily be monitored and in the first place it is created by the government.

heyouyou

member

Activity: 185

Merit: 10

So far I have not heard of banks that accept bitcoin, and I only know that I can put my money through the bank to the exchange to buy bitcoin.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: chicobr on November 15, 2017, 03:24:44 AM

I heard that there are few Japanese Bank accept Bitcoin. I'm not sure. But I think that in the future, many banks and Financial institutions will accept cryptocurrency for their system

Bitcoin is very popular in Japan but I don't think they can integrate bitcoin in their system easily.
If you read it elsewhere, please share a link here, it might just another article to boost the popularity of bitcoin.

hype

member

Activity: 121

Merit: 10

Share's you're Blessings !!!!!

here in Philippines Central bank accept bitcoins and in makati city ph. have a Btc ATM.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: chicobr on November 15, 2017, 03:24:44 AM

I heard that there are few Japanese Bank accept Bitcoin. I'm not sure. But I think that in the future, many banks and Financial institutions will accept cryptocurrency for their system

I also think that the other banks will accept bitcoin too because if they will accept bitcoin then they will have more people to come and use their service because they can just make a system that will instantly convert the bitcoin that will be deposited into fiat and I think that it is true that some of the Japanese Banks are now accepting bitcoin because in Japan, bitcoin is fully legalized.

Topic: Does any bank accept Bitcoin? - page 48. (Read 73830 times)