Quote from: JiiBs on Today at 01:14:54 AM

Quote from: Obiene12 on August 20, 2025, 09:25:43 PM

One day banks will accept Bitcoin as medium of exchange and accept deposits from bitcoiners. As soon as the world powers accept it as medium of exchange.

I read somewhere, a proposal on the possibility of banks accepting Bitcoin to be an advantageous thing towards Bitcoin security. How?

It follows the theory of how easy it is to rob a single individual, a house hold than a bank. While this might be correct, Bitcoin doesn’t operate under this protocol. In fact, it’s more easier to rob exchanges and its users account by brute forcing it than hacking a wallet.

There wouldn’t be much need for you to save Bitcoin investors a bank, your keys maybe but, not having to deposit your Bitcoin with the bank. Bitcoin can’t function in the same way as fiat, you are supposed to be your own bank.

Bank is the same house, just with bigger bags lying around.

So, I agree - it's a wrong view on the matter, which favors the banks just because.