Questions tagged [banks]

A place that holds your currency and keeps it safe.

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87 views

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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2answers
6k views

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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4answers
968 views

Is mining the unfair part of bitcoin in the same way banks (or rather, fractionary reserve systems) are to current monetary system?

I've been reading a lot about bitcoin lately and I'm very interested. Especially, when it comes to making a currency that is way more fair, because it avoids a centralized control of it. However, in ...
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0answers
228 views

Zero Percent Interest Nonresident Free (Online?) Euro Checking Account with Good Service for Cashing out Bitcoins?

You can cash out bitcoins the cheapest way in Euros, right? I'm from the EU but my country is not in the eurozone, so that's why I need a convenient nonresident euro account. I'm looking for the ...
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2answers
502 views

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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2answers
283 views

Are there any bitcoin banks (online services) and what are the benefits and pitfalls of using them? [duplicate]

Possible Duplicate: Is there a solid "Bitcoin Bank" yet? Say that I wish to control my bitcoins from a (for me) single point and I don't have the technical resources to have a single ...
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1answer
102 views

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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2answers
257 views

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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1answer
379 views

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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2answers
65 views

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?
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1answer
51 views

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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1answer
107 views

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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1answer
355 views

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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1answer
96 views

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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2answers
177 views

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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2answers
301 views

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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1answer
382 views

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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1answer
75 views

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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1answer
72 views

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 ...
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3answers
248 views

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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2answers
5k views

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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1answer
6k views

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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1answer
173 views

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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1answer
317 views

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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3answers
677 views

What are the quicker ways to use my bitcoins for paying in usual shops (off- or online)? [closed]

I have some bitcoins which I want to use for payments in the "usual" shops around me (not accepting bitcoins, but accepting plastic cards), and in a quicker way. Previously, I used http://metabank.ru ...
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2answers
83 views

A different question about a kind of use [closed]

Imagine I want to change the formula of transactions between a group of people who want to use this money in this way: "Everyone will have a maximun quantity of money to waste in the month, and ...
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2answers
325 views

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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