Quote from: alastantiger on June 16, 2025, 11:30:30 PM

Quote from: BtcAnalyst1 on June 16, 2025, 07:00:45 PM

Now to avoid being left behind, banks need to find a way to embrace this technology, coparete and treat it as a friendly technology rather than an enemy. How can the banks get involves in cryptocurrency fully?

In my opinion, i think the banks can offer interest bearing crypto accounts, others ways. Your thoughts

Banks aren't supposed to be fighting the adoption of cryptocurrency but should be embracing it and making it a know path that people can invest in Bitcoin from the Banks directly without needing exchanges. They should have been doing this and taking commission like how exchange are doing. People don't trust many unknown platforms that you can make use of Bitcoin on but if the banks had adopted Bitcoin early and created different means in which we can make use of Bitcoin then they would had been profiting from the wide adoption of Bitcoin. The first mistake that the banks did was that they started fighting Bitcoin at first when it came out instead of them adopting Bitcoin.

There are so many top bank officials that deal with different cryptocurrencies; I don't think the bank is the problem but the government. The government gives directions on everything about the banking system. If there is full adoption of Bitcoin, it is possible for banks to have some reserves of cryptocurrency and also some portions for exchange. I think everything is possible if the government is ready, but they are not really open to accept cryptocurrency, especially Bitcoin, because they feel it is a threat to fiat and the banking system, and they choose to regulate the adoption of cryptocurrency.