Quote from: Shenzou on November 06, 2021, 09:25:26 PM

Quote from: EvieLannister on November 05, 2021, 07:56:08 AM

There are advantages and disadvantages, and it may undermine the decentralization of Bitcoin. Will record our privacy in the bank. The original intention of Bitcoin is different. I hope that we will pay Bitcoin freely in the future, and there is no concern about privacy leakage.

I agree, and this where i think we have moved away from the original concept of using bitcoin an crypto in the first place, on the one hand bitcoin becomes widely accepted and approved by governments and banks, but on the other hand we lose the privacy and anonymity that came with it that it was built upon, decentralized crypto is the future and they know that and since they can't control the currency they can control how is using it, meaning that all your transactions will be know so there will be no difference between using it and the fiat, i personally won't use any crypto bank related stuff because i care about the privacy part of the crypto.

Well, to be honest, it's either we lose the specialty of Bitcoin which is being decentralized or we just let Bitcoin on the ground, I think banks and governments adopting Bitcoin is a good idea, though sacrifices will have to be made, of course we won't have that much anonymity anymore but privacy definitely comes in firs.