Creating a Bitcoin bank for long-term storage sounds like a secure option for those seeking peace of mind. However, the requirement of a 3-month withdrawal process and identity verification might deter some users accustomed to faster transactions and more anonymity in the crypto space.
Not sure if I will agree with you and 3 months withdrawal process is insane idea mate because this is frustrating when you own the bitcoin but need to took long before withdrawing , in gambling section we have seen so much issue about this kind that when depositing it gets only few minutes or even faster but when needs to withdraw it took them a long lol.
i think I will pass in using Bank for bitcoin.
Yes true, plus bitcoin is literally marketed as "be your own bank", so why would we even need something like this? The idea is saying that you could safely store your bitcoins, well I can safely store my own bitcoins in my hardware wallet as well, why would I worry about that? Cold storage is something that is common and doable in the crypto world and for some reason people end up thinking that it is going to be something that could end up being so crazy.
We are not needing anything that can give us safety because we already have safety. We may prefer to not use it, like someone like me who ends up putting all their money in binnace, that is not safe, but I prefer it, but if I want safety then I can get it any time I want.
