Ricardo Salinas Pliego, the third richest man in Mexico, said that he hopes his bank will become the first bank in Mexico to accept Bitcoin. We heard that many banks have begun to use cryptocurrencies, especially BTC. The main difference from this case is that Ricardo Salinas Pliego actually believes that BTC is a real gold equivalent, while fiat currency is actually a fraud. He said that the most significant feature of BTC is that it has a total supply, which cannot be said for any legal currency.
What do you think? Is there a real difference? Will it be a successful project?
I believe it will be a successful project. Bitcoin will be an alternate option for fita in the bank and people can transact bitcoins with the bank.
If one would ask, I'd say this move to accept Bitcoin by the bank would in tremendous way increase the adoption of bitcoin in the mainstream world.
Quite a lot of people would become interested in owning bitcoin just like they did with bank shares. Trust me, this will ultimately help increase the price of bitcoin also.