1. All Volks- und Raiffeisenbanken in Germany will be likely to follow and have around 30 millions of customers.
Unfortunately, only a small portion of that number would probably convert or rather purchase
BTCitcoin in the first few years
[I hope I'm wrong].
- Only Bitcoin will be offered:
Amen to that!
For example, you can't lend Bitcoin in a decentralized way, so a bank would be needed for that.
I think I'm missing something here... How could any of the traditional banks, help you in lending your
BTCitcoin in a decentralized way?
It's only beginning. Bitcoin first and if they see that it is good, they will expand to other cryptocurrency. In the end, banks must maintain their customer and transaction activities because it affects bank income.
After reading that article twice, I'm convinced they're not a type of bank that would tarnish their reputation just to earn slightly more from other shitcoins!
We also offer customers a so-called "cold wallet". Corresponding products are currently being developed in our project.
That's interesting!
Another risk is the regulatory requirements and the dynamism of the regulatory environment. We may have to readjust our services if the legislature decides new rules.
The only part that I didn't like from reading that article
[I guess that's bound to happen at some point]...