Bitcoin Friendly Banks in the US (Full List) – Cryptalker
Bitcoin Friendly Banks in the US (Full List) – Cryptalker
Bitcoin Bank: Erfahrungen, Test und was aus 300€ wurde
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Bitcoin & Co.: Sechs Banken in Deutschland handeln mit ...
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Unlike other countries India ironically does not embrace new technology and thus momentum is low. Therefore I felt a need to connect with other bitcoin users in India to discuss , meet and promote Bitcoin in India. discuss wallets ,exchanges,price and other crypto assets.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
08-16 09:35 - 'As a supporter of free-market banking and bitcoin, does Libertarian candidate Jo Jorgensen have any of your support? I’m just curious.' (news.bitcoin.com) by /u/galexy_girl removed from /r/Bitcoin within 603-613min
Might be an obvious question. But if bitcoin remains bullish (let’s say; it’s on the way to 100K in the next two years), would the world’s top banks not seek to buy a big chunk to hold on reserve? If demand continued to rise, banks could then issue loans in bitcoin. Not that I’m advocating for this, but I just wonder if we’re going to see major players scoop up a huge portion of bitcoin in the next few years if supply and demand continue in a bullish direction
Hi all, I have a fairly large amount of USD sitting on my account with Kraken which I wanted to transfer to my personal bank account. I'm with Natwest, and they don't do USD accounts, so instead of getting screwed with their exchange rate, I thought I'd set up an account with Lloyds as they do USD accounts. The process was running smoothly until they asked where the first USD deposit would come from. I said Kraken, and immediately they said they wouldn't be able to open an account for me as they won't have anything to do with Bitcoin. Does anyone have any suggestions (the amount is more than $20k) to recive money in USD, or know of any crypto friendly UK banks? I though Revolut was the solution, but for USD they don't give you your own named account, so that doesn't work either as Kraken will only send to accounts in my name. Thanks all.
Son: "What's this piece of paper?" Dad: "When you want something from a store, you can give those pieces of paper to them and they will give you what you want." Son: "Why do stores want pieces of paper?" Dad: "Because someone in charge says they are worth something, so everyone wants them." Son: "Who is in charge? What if they change their minds?" Dad: "Haha, son I honestly don't know!" Son: "What's this app you are using?" Dad: "When you want something from a store, you can send them a number in this app and they will give you what you want." Son: "Why do stores want numbers?" Dad: "Because a lot of people agree that these numbers are worth something, so a lot of people want them." Son: "Why do they agree they are worth something?" Dad: "Because its really hard to take the numbers away after you have them" Bitcoin: Money numbers that are hard to take away
At what price the central bankers will consider Bitcoin as a threat to their Fiat currency? And at what point they will feel helpless in doing anything about it ?? Can they simply make it illegal, if not why not ?
recent post from r/investing about banks and bitcoin. what are your thoughts about it?
copy pasted here because i cant link via url apparently: Investors need to distinguish Bitcoin and blockchain. Blockchain is a technology which, among many uses, allows for the implementation of a digital currency. Bitcoin is an anonymous, untraceable digital currency implementation of the blockchain technology. You can be a proponent of blockchain but a critic of Bitcoin. The most convincing bear thesis for Bitcoin is as follows: Governments rely on the banking system to combat illegal activities including money laundering. The United States used to have physical currency in much larger denominations ($500, $1000 bills, etc.) These were discontinued decades ago to make moving large amounts of hard currency (which is in bearer form, i.e., not traceable) very difficult to do. For example, $1 million in $100 bills weights 22 pounds and takes up 18 cubic feet (a 2.6 foot cube). This makes is difficult to move large sums of money inconspicuously. Bitcoin and other anonymous digital currencies allows for inconspicuous movement of large amounts of money. When Ross Ulbricht, the creator of Silk Road, was arrested he had $50 million of Bitcoin (albeit at current prices) on him via his laptop. If he had had to maintain this currency in physical cash he would not be able to move it easily. And if he had placed it within the banking system it would be more easily tracked by governments. Eventually, governments will realize they cannot tolerate anonymous digital currencies like Bitcoin. Imagine numerous citizens paying for goods and services with Bitcoin and no longer reporting this income to the tax authorities. In the past, governments could track a citizen's income by reviewing bank statements. But a citizen maintain wealth in Bitcoins cannot be traced so easily. Also, many illegal activities would be aided by using Bitcoin to move wealth around and transact with other criminals. Eventually, bearer form digital currencies will be declared illegal and their value will crash. Investing in Bitcoin is like picking up pennies in front of a steam roller.
Banks and Bitcoin are like caterpillars and butterflies.
For those who like to believe Banks are on the way out with the come of crypto, think again... Banks hate crypto....NNNotttt....! Bank made crypto, in order to maintain control in the foreseen event of their own bankruptcy. USD, or USA, which ever you want to call it is 71Trilion $$$ into debt, they have been passing on the debt from generation to generation. The generations are just not coming out as fast as before, cause of the debt. Thus foreclosure is imminent. The current usury of money is destine to die sooner or later. So what do we do? We prepare, a currency, that is fee-able, however small the amount. It has to be a one world currency unit because the USD is the current world reserve... remember when we go down, we are bringing the rest of you down with us. We rid of world debt, foreclose our banks, and let the new system come into play, but at a global level. Bitcoin prevails, we collect our fees and our banks have new names. Coinbase, Mycelium, Breadwallet, etc. We don't care what they're called, as long as we collect the fee... We don't want crypto associated to any laws rules or regulations in fear that when we do pull the plug on the current economic system, bitcoin sinks with it! This is a transition like caterpillar to butterfly. The caterpillar must die so the butterfly may come to life and live on. We will alleviate you of your mortgages, car loans and debts of all sorts, but we will also make money obsolete. We are hoping crypto will take over smoothly to make this transition as smooth as possible. Be safe, godspeed everyone!
Hey Bitcoin, I'm a reporter in Australia - and I've just got some documents via Freedom of Information back from the country's Reserve Bank in relation to Bitcoin. It's a well researched technical and financial document which discusses the crypto-currency and possible public policy and/or central banking issues. I'd love if you could have a look at it - I'm curious if anything jumps out at you that might be worth reporting more widely. Here is the link: http://www.rba.gov.au/foi/disclosure-log/rbafoi-131419.html PM or reply here. Either or! Thanks heaps.
Asking which banks accept bitcoin is not a simple question with straightforward answers. Many banks are still resistant to bitcoin. “Capital One is currently declining credit card transactions to purchase cryptocurrency due to the limited mainstream acceptance and the elevated risks of fraud, loss, and volatility inherent in the cryptocurrency market,” a Capital One spokesperson told ... The map is provided by Google and shows the exact locations of the closest Bitcoin ATM’s to you. About Bitcoin ATM’s. Bitcoin is a growing digital currency and the interest around it is getting bigger and bigger, the bitcoin machine helps users and investors buy and sell cryptocurrency and exchange it with cash, you can use the ATM for bitcoins to get your own now. Bitcoin Shutterstock. In Deutschland handeln mindestens sechs Finanzinstitute mit sogenannten virtuellen Währungen wie Bitcoin.Das geht aus einer Antwort des Bundesfinanzministeriums zu einer Kleinen Anfrage des Linken-Abgeordneten Thomas Lutze hervor, die der Nachrichtenagentur Reuters am Freitag vorlag. Five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. But banks have realized, Bitcoin and crypto are an existential threat to them and that’s why many banks around the world have stopped catering to crypto/Bitcoin businesses. Especially, the large banks are quite skeptical about these digital currencies and technology behind them because they have never faced such direct competition from the internet industry on the subject of money. Several ...
BREAKING! WARREN BUFFET DUMPING BANKS AS BITCOIN AIMS AT ...
Battle of the Bitcoins! Everything but actual currency is being exchanged by both sides of the argument of weather bitcoin or bitcoin cash will rule. Here is a round-up of what the latest experts ... Share your videos with friends, family, and the world Warren Buffet is dumping banks and buying gold, this is mega bullish for Bitcoin! Banks still fomoing, and George Ball shills BTC!!! 👉 CHECK OUT RADIX https:... Simon Dixon invited Dr. Roman Yampolskiy as a guest to discuss A.I. Banking and Bitcoin. Interesting conversation emerges as they both discuss how A.I. and B... An ideological battle is underway between fringe utopists and mainstream capitalism. Banking on Bitcoin takes a look at what this revolutionary technology is...