How much longer might it be until we see banks move in a significant way to the cryptocurrency community and embrace possibly holding bitcoin or other coins?
Why would anyone want to go to the bank to get their cryptocurrency though? For some it's going to be a lot more convenient and there is a great deal of confidence in the reputation still that mainstream financial institutions hold today like popular banks many of us are familiar with.
But how many of their customers are interested in such a product? No doubt they've already been asked questions along the way over the last decade on when things might start changing, with an offering of bitcoin or other coins.
Some surveys have suggested that a great deal of these customers might go looking to buy things like bitcoin in the near future.
Research from JPMorgan had also revealed previously that ownership in crypto had been surging in recent years, regardless of the naysayers and those who claim they never want any exposure.
What's wrong with having more options? Options are better for the people when it comes to exercising choice because there are fewer limitations for them to find something they want in the market. There has been a lot of work to get to this point and some suggest that it might not be much longer until we see more significant crypto banking in the world today, even if there are some who probably don't ever want to see that change trending.
This is not financial advice, this has been posted for information purposes only.
related:
https://finance.yahoo.com/news/banks-green-light-hold-crypto-005356886.html
https://www.coindesk.com/business/2022/06/13/bank-of-america-survey-shows-consumers-arent-done-with-crypto-yet
I think the greater the adoption the better for the world. A lot of people, maybe even most people, see crypto just as a speculation asset. I see it as a useful commodity, and the more it's adopted, the more use cases will be developed.
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