I think it is more likely that an existing Bitcoin exchange will become a government licensed bank rather than the other way around.
do you ever think mtgox would go this route?
I think it is possible that any of the exchanges could do this, but it takes A LOT of money.
At this time, I doubt any of the exchanges have enough money to do this.
Roger,
My problem with that is that the system is somewhat rigged. I believe that no matter if an exchange or a bitcoin bank did meet the qualifications it still would be denied... they are not going to allow Mt.Gox or Flexcoin to become an "FDIC member bank"
Best regards,
Roger
+1
We have to fight our way through, there is a very high probability that it will not be possible to cooperate with the establishment.
Bitcoin is the new gold standard. Establishment hates gold, because it is harder to manipulate it and steal from general public using inflation.