Post
Topic
Board Bitcoin Discussion
Re: Bank in Norway now supports Bitcoin
by
coynedterm
on 15/05/2017, 09:39:11 UTC
A bank called Skandiabanken in Norway now supports Bitcoin. However you cannot purchase the Bitcoins through the bank, you'll be redirected to Coinbase in order to buy.

I don't have this bank myself, so I cannot test this. It seems like it's just linked to Coinbase and the bank does not store the coins on their servers.

This feature is in a beta phase, and the laws in Norway could cause conflicts. I think this is a huge step, and I hope this will soon be supported in more banks. This feature is mainly for investors, you cannot use it to pay bills and such.

Here's a link to the article translated to English:  https://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=translate.google.no&sp=nmt4&tl=en&u=http://e24.no/privat/bitcoin/naa-faar-du-bitcoin-i-nettbanken-kan-ikke-fornekte-ny-teknologi/23996559&usg=ALkJrhjVd47hlRvCuPcMw4r7-8SKmywfYw
this is the reality that we have better option than this bank system to buy the bitcoin because we can buy Bitcoin through debit card credit card and direct p2p , without any risk .
So why we will go in this complicated way to buy and sell their Bitcoin with this complicated thing .
But surely this is a good step for the Bitcoin future because if the banks will be connected to the Bitcoin then of course the Government of that country will take the better action to add the Bitcoin and probably it may be possible that they can declare i bitcoin as a legal way of payment and investment .
Here I also things that after the Japan , the Norway will also declared Bitcoin as legal with some rule of  taxation system .