Before was only the time of exchanges, although it is quite obvious that these exchanges are not secure and safe by design in which over ninety exchanges have been hacked, but custodial services are now more increasing, this will although really help bitcoin as it is possibly going mainstream, this will be achievable in this next decade we are about to enter. Some days ago when PayPal declared in offering bitcoin, ether and litecoin services on there platform, also now reading lately about banks declearing to offer crypto service.
Indian bank to offer crypto services across its 34 branches
For the first time, Indians will be able to take out a loan against cryptocurrencies.
https://cointelegraph.com/news/indian-bank-to-offer-crypto-services-across-its-34-branchesSingapore’s largest bank reportedly launching crypto trading and custody
Another global bank believes that digital assets are the future of the global economy.
https://cointelegraph.com/news/singapore-s-largest-commercial-bank-reportedly-launching-crypto-tradingI belive we should know crypto banks custodial services have begin, I see this as the beginning of bitcoin going mainstream, the time when bitcoin will be used as direct payment is imminent. Although, these custodial services has resulted to many users not knowing the actual means to deal with bitcoin in a noncustodail manner, but the custodial service are helping in making bitcoin to be more adopted globally.
But facts still remain fact, that the best way to privacy is noncustomotdial means, and knowing 'not you key not your bitcoin on blockchain', and this bitcoin adoption will help many noncustodial users to use bitcoin for buying and selling directly instead of still depending on fiats. But, it is like peoples ignorance will make them not to know what bitcoin actually is, that, it is a privacy coins which is compromised by custodial services.