Questions tagged [banks]
A place that holds your currency and keeps it safe.
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How to cash crypto in fiat in Ireland?
How to cash USDT (preferable) or other crypto currency (stablecoin preferable) in fiat (EURO preferable) to withdraw fiat from ATM in Ireland finally (with reasonable commission)?
Debit card issued by ...
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Can an attacker flood the Bitcoin network with fake transactions?
We are in 2050. People show an ever-growing distrust in the global banking system and start transitioning to only using Bitcoin: most companies accept it as a form of payment, and people settle their ...
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Crypto Exchange that Offers Withdrawal to Banks in Saudi Arabia [closed]
I need any crypto exchange that offers withdrawal (cash) to banks in Saudi Arabia. There is one exchange that I know of is Fasset but it's still in its beta phase. I want to know if there's any other ...
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Is it safe to store seed phrases (private keys) in a bank vault?
If written on a piece of paper, would the recovery seed phrase or questions for accessing a collection of web wallets and hardware wallets be safe to keep in a mini vault drawer at the bank? Do bank ...
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Transfer money from crypto account to normal bank account
I'm totally unknown about this topic so I come to all of you with my question.
I sold something online and the buyer wants to pay me through his cryptoaccount. But then he told me that there is an ...
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Is it fraud? Would banks ask for fees through bitcoin?
So a man came to me on Instagram saying that he wanted to buy old money specifically from Hong Kong for a museum in Philadelphia, and that he would pay me good money for my old coins and bills, then ...
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How does Bitcoin get over the capital controls problem?
So, people now talk about Bitcoin as a store of value instead of as a currency. I'm confused as to how central banks will respond to this? Right now, bitcoin is not widespread. Assuming bitcoin ...
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Blockchain vs. Banks: which one has more affordable transaction fees?
Maybe one of the issues researchers are trying to solve in blockchain protocols like Bitcoin or Ethereum is removing / decreasing "transaction fees". However, if we compare blockchain transaction fee ...
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How do i cash the money from my NiceHash account to Paypal or European Bank account?
In my nicehash i have balance of 100 Euro.
How do i cash the 100 Euro now to Paypal or my European bank account or do receive via Westurn Union?
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Do banks control ripple and how?
I would like to know how banks are controlling ripple. What are the implications with regards to transaction fees? If I sell my ripple, what do I stand to lose in terms of bank charges?
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Doesn't bitcoin have the same inflationary problems as fractional reserve banking?
I keep hearing that Bitcoin is immune to inflation because You can't make more bit coins than some fixed constant of bitcoins through a process of mining. However, assuming enough people take it ...
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Buying actual bitcoins vs derivative paper products? [closed]
I bought some bitcoins on Localbitcoins and Coinbase a few months ago, as a purely speculative "investment".
Now I noticed that there is a Bitcoin certificate with 1:1 leverage available at the ...
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Exit Strategy: How to communicate / configure my fiat bank when selling large amounts of crypto in a short period of time
Anyone can readily see by my previous questions that I have virtually no idea what I'm doing. Be that as it may, it seems very realistic that I may become a bitcoin (multi?)millionaire within the next ...
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How many transactions can a bank/person make per block
I’m trying to determine if bitcoin is too expensive for a bank to use.
Assume that a bank would use bitcoin for something like confirming transactions between itself and another bank I’m asking how ...
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Transfer btc from offline wallet bitcoin core to bank account
What are there the ways to legal transfer money from offline bitcoin core wallet to my bank account, if i have more than 100 btc?
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Fees for transfering money by bitcoins and banks
When I send money to someone using the bitcoin network, I have to pay fees for converting my dollers to bitcoins in an exchange market, then I have to pay the miner fees then the Wallet fees to ...
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Bitcoin Vs Bank
Bitcoins are viewed as an alternative to traditional banking.
There isn't a peer to peer passage of bitcoins. Like the banking agency is a mediator between the two people sending and receiving money; ...
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Justification of usage of Blockchain by banks
After learning a bit about Bitcoin and Blockchain Technology, I do not understand how any bank is going to use it.
My understanding is that the blockchain is useful in an environment of mistrust. In ...
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Do banks exchange bitcoins to traditional currencies
If someone was not concerned with the anonymity aspect of bitcoin, can he/she exchange traditional currencies to bitcoins and vice versa from banks? Do banks do this? and if not, why?
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Why is the Winklevoss ETF decision so important, when this tracker certificate already exists?
The Winklevoss ETF and the SEC decisions regarding it seem to be on everyone's lips and the influence of the bitcoin price are apparent.
However there seems to be this tracker certificate already:
...
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Like Banks, are there better service providers from Bitcoins banks? Can I Find a rating?
I would like to purchase Bitcoins, I am looking and honestly do not know what I am looking at. Is there a place to see how these Bitcoin places are rated? Services they provide?
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How do people in developing countries buy Bitcoin?
When there are only bank accounts of small bank institutes in undeveloped countries, how do people there buy Bitcoins? When there are only limited possibilities for global money exchange, how can ...
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Blockchain implementation in banks
Implementation of Blockchain in banks is said to be the new trend now. My question is: Would the private blockchain be kept private in a bank or will it be shared among a group of banks (or even ...
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How is bitcoin sent into my bank account?
I've been trying to find a way to transfer bitcoins from my bitcoin wallet into my bank account, I've gone to a couple sites that kinda use a similar method, but I don't really understand how it works....
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Do all Banks and Credit Unions in the U.S. accept Bitcoin?
Do all Banks and Credit Unions in the U.S. accept Bitcoin for deposits or withdraws?
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How do traditional transactions take place (paypal, banks, etc) in comparison to Bitcoin transactions?
Here we talk about bitcoins and blockchain. It is said they are more secured, and people ask questions about how they are implemented.
Since I am a complete newbie to blockchain, and I don't know ...
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Why are banks and other centralized entities interested in block chains?
Apparently banks and other centrialized entities are interested in block chain technology. My question is, why?
The whole point of block chains is for decentralized, trustless, consensus. Bitcoin, ...
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Can I force my company to pay me in Bitcoin
I just got my bank account closed.
Reason: International payment were not supported
I don't like to waste my time in bank formalities. I am a programmer. I wish to stay technical for most of the ...
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Is it safe to authorize Coinbase to withdraw cash directly from my bank account?
I wanted to buy Bitcoin. Coinbase said that they could transfer money directly from my U.S. bank account and convert it to Bitcoin, and then I'd have a Bitcoin address and could give people Bitcoin or ...
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why banks are trying consensus algorithms like ripple
I am wondering that why do we need consensus algorithm like ripple if all the nodes in a system is honest. There won't exist an use case of double spending. I am asking this question because recently ...
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How could Bitcoin lending be secured? [duplicate]
I have been thinking a lot about platforms that allow us to borrow/make money.
Such a platform would be really wonderful, mainly for people in countries such as Brazil, which has high taxes on ...
user26933
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Send Bitcoin payments to any bank via API
I am looking into paying our overseas suppliers via bitcoin to speed up the process of settling invoices. The issue is that I don't want them to have to deal with bitcoin themselves.
My question is -...
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I am looking for a reliable and low cost way to make loan repayments from Asia to the US. Are there any banks in the US that will acept Bitcoins?
I'm looking for a reliable, low cost, transparent and efficient way to make monthly loan repayments from Asia to the US each month. Are there any banks in the US that will accept bitcoins?
So, I'm ...
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Banking partners with UK Faster Payments [closed]
What is the easiest way to have access to UK Faster Payments facilities as a Bitcoin business? The UK banks have been quite hostile.
Can Bitcoin businesses have access to the Faster Payments network ...
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Where Bitcoin is kept and what fees are included when liquidating Bitcoin
I have small question, where does bitcoin "banks" keep money you pay them for bitcoins? do they keep it in some kinda bank ?
and when we sell bitcoins to dollars what fee do we pay?
user3174140
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What prevents banks from printing electronic money?
I understand that this is not appropriate question but it obsesses me for a long time (other forums do not give certain answer) and I think that finantial cryptography experts should understand this ...
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Can I buy stocks with Bitcoin? [closed]
I have got some USD balance with a Bitcoin exchange. I intend to buy stocks for these USDs. Is there an online broker that accepts Bitcoin as a deposit option for stock market trading? I mean the ...
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When transferring money between a bank and bitcoin exchanges, might the bank suspend my account?
I'm based in the UK and am worried that my UK bank might have a problem with me transferring money to or from a bitcoin exchange, for example, Mt Gox.
I know that Paypal will suspend an account if it'...
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Is access to mining the only obstacle to centralised bitcoin-like currency?
Considering the value of bitcoin beside dollars there seems to be so many applications where a centralised bitcoin-like system may be ideal for internal accountancy and transfers, especially among ...
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Who are the owners of the Central Banks in Europe [closed]
(not sure where to ask about this, since there seems to be no generic finance forum in stackexchange).
I am trying to find out who are the owners of the european central banks. I do not mean the ...
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How can someone participate in Bitcoin reliably without a bank account? [closed]
If banks are what one wants to escape, as the banking system is corrupt. Therefore seeking an alternative currency, aka Bitcoin. How do you detach your life from the bankers? How is Bitcoin private? ...
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How can I sell bitcoins and transfer the funds to my bank account?
A friend of mine gave me two bitcoins which I now want to sell. I don't understand the process which would enable me send the funds generated to my bank account.
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How to cash out E*Trade stocks (transfer funds from US to the EU) with Bitcoins?
My company has an employee stock purchase plan with etrade.com, but as I'm in Europe, I thought I could sell the stocks and save the bank transfer fees by using bitcoins.
You can sell the stocks ...
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Can trading be done on coinbase.com?
On coinbase.com I tried to sell some bitcoins and was told I had to register a bank account. I'd have expected that only if I were trying to withdraw dollars, euros, etc., from coinbase. On mtgox ...
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Can Bitcoin be used in QuickBooks?
I'm wondering if I can manage my bitcoins with my other securities? Or incorporate them into a business plan.
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What are the "Know Your Customer" challenges that Bitcoin faces?
Can anyone explain what KYC (Know Your Customer) regulations are "missing", tough or impossible to implement with Bitcoin?
I will offer a bounty to the most detailed answer
(However this question is ...
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How untraceable is Bitcoin?
Are Bitcoins truly untraceable or only pseudonymous to certain extents?
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Why there's no bank or institution lending Bitcoins?
To the best of my knowledge, there's no bank lending in bitcoins, yet, which surprises me. Now that Bitcoin has stabilized to circa USD $100, I think it could be reasonable for an institution to start ...
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Bitcoin-friendly Bank
As is well known many Bitcoin businesses and in particular exchanges have had a lot of trouble working with banks. Are there any banks that are explicitly Bitcoin-friendly?
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How is a Ripple gateway different than a conventional bank?
Everything I've read so far suggests that a Ripple "gateway" is just like a bank. How is it different than a conventional bank?
Is it possible to have a bank of banks (central bank) in Ripple?
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