Hey Team,
It's Amit here, I have 2 bitcoins of my own. And I bought it, few weeks ago. When bitcoins is at Rs 5.90 lakh.
Now its rate increases again and ranged aroung Rs 8 lakh. But nowdays, there seems to be a problem between Banks and the Crypto-currencies owners.
So , I just want to confirm that anyhow we can connect our bank accounts with bitcoin money.
Waiting for a quick revert.
Thanks
It depends in your country and also on what bank you are using. In our Country Philippines bitcoins can connect on larger network through payments on your bills like telephone, sending money, gaming etc. but there are rumors here that when you connect your bank accounts on bitcoin they will close your accounts immedietly (on selected banks), when the owner of bank accounts ask the bank who is handling there accounts, the managers or their representative that they will close your accounts because you connected on bitcoin but they dont give further explanations. why is it happening.
Government which do have negative perceptions will really have this kind of act specially when its citizens are involved into crypto currency and as far as I know they aren't still strict on prohibition of bitcoin since there are still service providers which do offer conversions on where you can use up bitcoin into some services but not generally talking on connecting directly your bank account to your bitcoin money.Conversion would always happen with these kind of transactions.