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JoelDalais

Permissionless

Let's be honest, the UK banking system is ring-walled, with armed guards and attack dogs. Even banks that have existed in other countries for 6+ years find it extremely hard to get current accounts sorted, true FPS access, or business accounts.

(shock horror - its NOT all Fidor's fault if they're being refused themselves, just my 'assumption').

There is no one to stop you as an individual, business, or bank, from integrating Bitcoin. definitely, make sure you do your due diligence. But imagine if we had "current accounts" and "business accounts" in cryptocurrency. Could have done that years ago and then slowly followed up with the dinosaur traditional accounts, and gained a LOT of customers…

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JoelDalais

Permissionless

Let's be honest, the UK banking system is ring-walled, with armed guards and attack dogs. Even banks that have existed in other countries for 6+ years find it extremely hard to get current accounts sorted, true FPS access, or business accounts.

(shock horror - its NOT all Fidor's fault if they're being refused themselves, just my 'assumption').

There is no one to stop you as an individual, business, or bank, from integrating Bitcoin. definitely, make sure you do your due diligence. But imagine if we had "current accounts" and "business accounts" in cryptocurrency. Could have done that years ago and then slowly followed up with the dinosaur traditional accounts, and gained a LOT of customers along the way.

How many have we lost to all the newer 'fin-tech' banks. None of them even have crypto-integrated properly yet.

We could go current accounts, joint accounts, multisig accounts (varied versions and far more secure of joint accounts), business accounts, loans (crowd sourced), mortgages, and more, setup years ago.

We wouldn't have begged the UK banking cartel for permission.

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