I personally don’t have the need for a crypto bank. But I don’t deny that there may always be some people who don’t trust themselves enough to self-custody or don’t want to take the time to learn how to do it properly.
If and when we have a good mass of users and business accepting payment via cryptos, using a bank will be one of the first steps in growing the liquidity and demand of the new currency. I believe, this is where BTC will shine, and major adoption is not far off.
Why would I need a crypto bank? Perhaps it would serve some practical purpose in business ...
I personally don’t have the need for a crypto bank. But I don’t deny that there may always be some people who don’t trust themselves enough to self-custody or don’t want to take the time to learn how to do it properly.
If and when we have a good mass of users and business accepting payment via cryptos, using a bank will be one of the first steps in growing the liquidity and demand of the new currency. I believe, this is where BTC will shine, and major adoption is not far off.
Once Bitcoin is accepted by the majority of people worldwide, sufficient liquidity will be a foregone conclusion.
This is what crypto is for.
I’m curious to hear more. How do you mean?
Crypto is the bank. It can provide what a bank does, just more efficiently and without giving up control over ones assets.