Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: cryptorakibul on January 17, 2018, 05:38:13 PM
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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.
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I'm a citizen of Bangladesh. Here bitcoin is not legal declared by Government. So as usual no bank of Bangladesh accept bitcoin as legal currency. Hope they will understand & allow bitcoin transactions in our country. It's our country situation & I have no idea is it accepted to any banks in the world.
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https://www.coindesk.com/bank-argentina-just-added-bitcoin-cross-border-payments/
quoted from coindesk, you can check all that is not it?
there in the country Argentina receives payments using Bitcoin.
if I were there maybe the results would be even better.
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Maybe you are late, there were so many banks that accepted cryptocurrency all over the world. I suggest search more and found out that there are now banks that accepts bitcoin. This is for the wider spread of legalization cryptocurrency.
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Banks in my country have not received bitcoin. But in some countries, bitcoin has been accepted by banks. Recently I read information in this forum, that 14 banks in the Philippines have received bitcoin.
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Not for today but in the future bank must be addoption bitcoin, right now U.S. banking giant Morgan Stanley is planning to offer clients Bitcoin trade swaps, anonymous sources told Bloomberg Thursday, September 13.
Citing “people familiar with the matter,” the publication reveals the U.S. multinational will follow in the footsteps of fellow Wall Street players in pursuing Bitcoin exposure options.
According to the sources, Morgan Stanley “will deal in contracts that give investors synthetic exposure to the performance of Bitcoin.”
“Investors will be able to go long or short using the so-called price return swaps, and Morgan Stanley will charge a spread for each transaction,”
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there are several countries out there and banks have joined bitcoin, and have been able to sell and buy at the bank but have not been able to get free because there are still limits ..
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I know there are several banks in developed countries that adopt crypto and bitcoin. Maybe Japan is one of them. Because Japan is the origin of bitcoin was born before it was finally adopted by almost all countries in the world.
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There are banks in the world, in countries that have embraced Cryptpcurrency and made it legal do accept Bitcoin for paying of items. The only problem with this is that, the price of Bitcoin is not stable so the value of something might decrease if played with Bitcoin
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It is good to know that some banks in the world that accept bitcoin
Click for more details : https://www.banks.com/articles/cryptocurrency/banks-that-accept-bitcoin/
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I don't know about banks that accept bitcoin right now. In my country, banks still don't accept bitcoin as a currency. But banks here support us to exchange bitcoin to our legal currency through a crypto exchange.
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It is good to know that some banks in the world that accept bitcoin
Click for more details : https://www.banks.com/articles/cryptocurrency/banks-that-accept-bitcoin/
This is a great news for bitcoin. If there are some banks in the world accepting bitcoin, then more and more banks around the world follow them. We will see in the future, banks will make us be easier to exchange bitcoin with fiat.
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I know there are a few banks in created nations that embrace crypto and bitcoin. Perhaps Japan is one of them. Since Japan is the starting point of bitcoin was conceived before it was at last received by all nations on the planet.
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if that I don't know maybe on google what answer you want, hopefully it can help
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until now I have never received information in my country. there are banks that accept bitcoin. maybe with time. I'm sure there will be a lot of banks that accept bitcoin bro ..
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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.
Yes I think any banks will accept bitcoin at the coming future. I believe about that. Lets see.
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First of all, you all that have answered so far gave some really good insight on Bitcoin, but that does not answer the author’s question (If I am understanding the question correctly). I know that this is an old post, but I am sure that someone else will still have this same question. In that case, I will give my best attempt to answer the question that was asked.
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to be applied to a bank might have gotten there yet, because of the nature of the differences in the two. If the bitcoin is already beginning to serve as a means of payment, then I answer already exists in some countries large and advanced.
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there are several banks out there who want to adopt bitcoin, because in that country they are willing to accept crypto and use bitcoin as a payment tool ..
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As far as I know, there are still no banks that accept Bitcoin as partners in conducting financial transactions. because basically Bitcoin and also the system Bank are already conflicting and not the same. So that it will be difficult for the Bank to accept Bitcoin as a partner in conducting financial transactions as well as various matters related to Bitcoin and Bank finances.
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In my opinion, Bitcoin will never be profitable for banks, because they work according to different principles, because the bank is a third party, and in the very idea of Bitcoin, a third party is not needed!
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Banks that accepts bitcoin is more advance in technology, system and programs that made them bitcoin landed in banks. Bitcoin is decentralized fell into banks which is centralized. I think it is confusing.
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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 at the coming future It will happen. Any banks accept bitcoin. Because Bitcoin is the future currency. I think...
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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.
Yes there are lot of banks, establishments and institutions that are directly accepting Bitcoin.This is happening in the nations that legalized Bitcoin currency for investment and direct spending like in Germany in which most of the establishments are directly accepting Bitcoin because of free of tax. Just search the Google in you can find any banks that will accept Bitcoin in every country that Bitcoin declared as legal.
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I know there are several banks in developed countries that adopt crypto and bitcoin. Maybe Japan is one of them. Because Japan is the origin of bitcoin was born before it was finally adopted by almost all countries in the world.
Yes, that is true there are several banks in countries that adopt bitcoin. yes Japan is one of them. Because Japan is the starting point of bitcoin
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there are banks that accept bitcoin, that is, banks in countries that have accepted bitcoin, may be an inspiration for other banks to accept bitcoin too
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I think there is still no bank in this world that receives Crypto right now. That is only my knowledge and also some friends here. I think the Bank is hostile to Crypto, especially Bitcoin. Because the position of banks in the eyes of the world community will be eliminated by crypto especially Bitcoin is more popular and become digital money used by the public.
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I don't know if there are banks that accept Bitcoin or not. But basically Bitcoin is crypto, which is widely opposed by many banks in many countries in the world. I don't think there will be a Bitcoin supported by the Bank. Because it's different, the principle and the technology are different and have advantages and benefits of each.
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It is much easier if you try to search your concern in google to have more reliable sources with accordance to banks with related to bitcoin.
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There is no. So far no bank in a country has accepted Bitcoin as its working partner. Basically the Bank and Crypto are not in agreement, so this is why the Bank does not approve of the existence of Bitcoin. On the other hand Bitcoin can be independent as well and can be relied on, so Bitcoin is not really needed with the Bank.
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However, up until recently, this was just speculation on behalf of customers. The fact that these banks are putting actually policies in place which ban or limit the purchase of cryptocurrency represents a significant shift in the banking industry.
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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 at the coming future, any bank will accept bitcoin. I believe it. Bitcoin will have great future.
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I make sure there won't be any. No bank can accept Bitcoin as its partner. Because only Bitcoin and the Bank are in conflict and have different principles and technology. So it will be difficult to be able to unite the Bank and Bitcoin. Therefore, as far as I know, there will not be a bank in this world that accepts Bitcoin and cooperates with it, it will not be possible.
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2013 became a golden year for cryptocurrency that was circulating at that time. This year some digital money has jumped on the market. This can be caused by many people who begin to know the benefits of investing with digital money.
Bitcoin is the digital currency that has the highest value on the market today. Many use bitcoin because they think this virtual money is the most stable. Bitcoin is the crypto currency that was first created by Satoshi Nakamoto in 2009.
Along with the soaring value of the bitcoin market, several countries officially issued statements that would accept the circulation of bitcoin. Even countries that declare bitcoin receipts are included in a series of large countries such as the United States, Canada, Japan, Australia and Denmark. These countries explicitly allow the regulation of bitcoin in their country.
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I am sure that no Bank will accept. I'm sure of that, because many banks are afraid of Bitcoin's presence. Because Bitcoin has good technology and is trusted by many people. When more and more users of bitcoin, the fewer people who use the Bank. Therefore the Bank and Bitcoin will not be able to unite. So there are no banks in this world that accept Crypto especially Bitcoin.
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What I know is not there. I still don't hear of a bank in this world that truly accepts Bitcoin completely. what I know is that All Banks in this world don't like Bitcoin and not even a little hostile to it because it will threaten the Bank's activity in that country. I think Bank and Bitcoin will never be together forever if they have different goals like this.
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Now, this is indeed the banking response against bitcoin is still cool, though so did not close the possibility to eventually give banks the opportunity to maximize its functionality with BTC.
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So far, this is not observed, but all this goes. In our country, in Belarus, for example, a major deal between banks of the two countries was made using cryptocurrency
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even in here in indonesia cryptocurrency not accept as payment
so it going to very hard way to bank in my country to accept bitcoin
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Despite the growing popularity of cryptocurrencies in the commercial sphere, this technology is still in the initial stage of its development in the banking sector.Peer-to-peer technology used in the Bitcoin network allows funds to be transferred faster and cheaper.
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Before you do any kind of serious trading or transactions with Bitcoin, you must first have some things in place. For instance, you must have an anti money laundering agreement in place. People think that profits from Bitcoin is tax free.
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I do not think that any bank accepts Bitcoin as a payment medium.i heard earlier this month that some banks in the United States of America do accept Bitcoin.
But I am yet to see any evidence to that effect.
So it remains a rumour.
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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.
Yes, I also see that. I believe at the coming future all banks will accept bitcoin. Because Bitcoin is the future technology. It will be needed at the coming future.
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I don't think there will be a Bank that accepts the existence of Crypto without an agreement in advance from both parties. I don't think there will ever be a bank that is willing to accept crypto because the main purpose that Crypto wants to achieve is to replace fiat money into digital money. of course it is against the bank principle. So it's not easy for banks to accept crypto.
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I know there are several banks in developed countries that accept bitcoin. Maybe like Japan is one of them. Because Japan is the first bitcoin born before finally bitcoin is accepted by almost all countries in the world.
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I think there will be no bank or other financial institution that can accept Bitcoin as its working partner. Because it is already different goals and principles that it uses. Bitcoin aims to become total digital money and defeat real money. On the other hand, real money is used by banks and financial institutions for transactions. So the conclusion will not be banks or financial institutions that accept Bitcoin.
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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 in several banks accept bitcoin, But I believe all banks will accepts and addopt bitcoin at the coming future.
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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 think all banks have not accepted bitcoin. But I always believe at the coming future, It will happen.
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If I'm not mistaken there's a countries who's accepting the bitcoin on their bank now including here in Philippines because I saw some news that a list of banks will going to accept it.
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In nowadays blockchain is becoming popular and embraced as one of the useful with regards to digital system. Blockchain in to fiat or fiat into blockchain is now making notice all over the world. Not possible that few years from now the world will be filled with bitcoin and cryptocurrencies with banks partnership to offer a better world of business.
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I read somewhere sometime ago that some banks in the United States so accept Bitcoin .
There's nothing to prove it's the truth.
Maybe it's an unfounded rumour.
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often updated once about bitcoin extends spread, many assumptions are popping up especially for that matter. If it's true, it certainly becomes a prefix which is good for encouraging other countries to join developed both.
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Fortunately, advances in the world of fintech have produced a number of banking projects that look set to step in and provide cryptocurrency friendly services for the entire community. Here are five of the best.