Directly or indirectly, this can still be regarded as adoption. The United state government want Bitcoin, they want to see Bitcoin and don't like other countries to take the spot. If there is no problem for government to adopt Bitcoin, then banks are your least concern. The banks don't have sovereign power over Bitcoin, it's the government that can make the final call and everything they do is subjected to the directives the government gives them.

For banks, it is better to swallow their own saliva than to have them slowly abandoned by their users. Now that the era of competition in the banking industry is quite tight, innovation needs to even change perceptions about blockchain technology because enthusiasts and its rapid progress are the door for banks to adapt. Now the challenge is whether bitcoin users are willing to follow the bank's main protocol in terms of usage? back again that this is a matter of taste, bitcoin loans to banks ask for a guarantee of personal data. That's it

How funny life can be! The government and the banks were very critical of Bitcoin during its early days, and now they want a slice of the pie.

Nah... This is not correct. Banking is all about business. The banks will pursue anything as long as it adds more money to their purse. The reason they are now accepting Bitcoin is because they see it as a way to make money, and that's why they are asking customers to keep their Bitcoin with them or use it as collateral for loans.

In my opinion, banks have always been very consistent in their policy towards Bitcoin. At first, they called it a Ponzi scheme, a bubble, and a scam. They refused to process bank transactions if they were from cryptocurrency companies. They did everything they could to discredit Bitcoin. 🙋

Then they realized these measures weren't working. Bitcoin wasn't dead. People continued to buy and use it.

Then the bankers changed their tactics. They started praising Bitcoin and issuing Bitcoin derivatives. I remember how in the fall of 2017, Wall Street tycoons boasted that they had finally gained control of Bitcoin. They created Bitcoin price futures. Many crypto enthusiasts rejoiced like children and expected Bitcoin to reach $100,000. However, instead, the price gradually fell to $3,500.

Currently, bankers, high-ranking government officials, and Wall Street tycoons are continuing this policy... They're creating Bitcoin derivatives, artificially reducing demand for the original cryptocurrency and increasing supply with "paper Bitcoin." Government regulations, KYC, AML, derivatives... Don't listen to what bankers say about Bitcoin! Watch what they do! 🧖

The banks leave Bitcoin alone, you mean, when they see it as a threat to their business. The banks know that if they allow Bitcoin to win, they simply lose control, and that comes with lost profits. That's not good for them because they aim to continue to control the financial system.

Having Bitcoin around that requires no middleman to send and receive money with almost no fee is a threat, meaning that their service is no longer needed

Just like you said, bitcoin was created to make transactions without relying on banks, this alone makes banks see bitcoin as a threat. They called bitcoin fraud to discourage people from using bitcoin but unfortunately it didn't work for them. Satoshi Nakamoto created bitcoin for everyone if banks want to adopt bitcoin I don't see anything wrong in that, and I don't see how banks adopting bitcoin will make bitcoin users not to enjoy the freedom that's associated with bitcoin, because banks can't tell how and when I will use my bitcoin.

Well, I guess this is one downside of Bitcoin being decentralized.

People, businesses, banks and institutions could just integrate it into their own system and take advantage of it. Also, I did a quick scan on the article, and I didn't see any proof of Bitcoin being adopted by the banks, but I will not be surprised if they will in the future. Another question that comes to my mind is that, let's say that the banks adopted it. Will it turn out to be successful? I mean if you're into Bitcoin for a long time, you know that Bitcoin has created so that banks aren't involved with the transactions, right?

I don't want it to be added, but who am I to interfere? Besides, they can do it anytime. It's just they have the audacity to do it after them criticizing it a few years ago. F*ck the banks. Aside from them giving out loans, they are just useless.

Not all people are like what you're saying. Out of the whole population of the world, it's estimated 1% to 6% of it are into Bitcoin and this was way back 2-3 years ago, I don't have the data for the current.

That's why not all of them are into Bitcoin and that's why they're more focused in the bank and opposingly to what you've said.

No, it was before when many of these bank execs have called Bitcoin fraud. One of the popular one was the CEO of JP Morgan himself, Jamie Dimon.

If you can't beat them you join them, this is the only strategy left for the banks to use, there is money to be made from Bitcoin, if microstrategy and big institutions are so into Bitcoin it's because they want the profits, banks will do the same too...

It's left for all Bitcoin investors to go the bank ways or stay away from banks, I as a person that I am I don't need the banks for anything and I don't use or take loans from the banks, so I wouldn't be dealing with the banks.

I actually went through the article/source that you provided. It was just a bunch of grammatical writeup that only ended up describing how they're going to integrate Bitcoin into traditional financial infrastructure, which sounds very much like the banking system. Well, I don't really know a current existing problem that they're trying to solve because it seems to them like they're trying to solve one, but I know for sure that it's going to come with a cost, because banking institutions are most likely to do things in their own favour rather than that of their customers.

My guess is, Bitcoin custody_{(how people own and manage their bitcoin)}, is likely to be part of it, but I will prefer to wait and see what they're coming up with.