Re: Bank in Norway now supports Bitcoin

Quote from: Celsiuss on May 14, 2017, 03:10:31 PM

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

That is a very great news and I think the next step is that people in Norway are going to invest in Bitcoins since even their banks have placed their trust on it. But behind the scenes big people behind the banks are actually buying a large amount of bitcoin so they can have huge profits when the time comes. Just like what happened to Japan, the 3 largest banks in Japan have purchased a huge amount of bitcoin last year and the reason is that they are preparing for the adoption of bitcoin in their country.