Quote from: Mikey07 on Today at 03:16:17 AM

Hello bitocointalk 👋

I saw his on X (former twitter) and wants to share it here:

https://x.com/BitcoinNews21M/status/1971439588716707936?t=T70OTXeO8SommhpGWSfxrw&s=19

El Salvador is really doing great away from legal tender now a Bank! I give El Salvador their flowers !

Information from social media sources might not be reliable. Adding a link from a reputable news outlet would be better. And the information is "El Salvador to launch a Bitcoin Bank soon". The title of your thread is wrong because the bank has not been launched yet.

Quote from: Outhue on Today at 06:19:06 AM

Bitcoin don't need a physical location and I don't see any good reason for them to do this, but the government is very good at one thing though, that's taking advantage of the public's fund, if they are creating a Bitcoin bank then it is for no other reasons than what they have been doing before.

Who would dare use banks for Bitcoin reasons? Anyone here? Because it can never be me, a physical Bitcoin bank breaks all the reason why Bitcoin existed in the first place, peer to peer, decentralisation, etc. You must be dumb for such thing to confuse you enough and trust your Bitcoin with the banks.

Bitcoin was created to remove middlemen in the financial system. But there is still a segment of the crypto population that wants to depend on centralised platforms. The government is simply offering conventional banking services using Bitcoin. They would provide exchange services, give loans and credit guaranteed by crypto assets, and offer consulting and support to customers on digital investments. These centralised services do not portray the true nature of Bitcoin because "not your keys, not your coin".