Bitcoin was created to make transactions without relying on banks, at early stages banks even called bitcoin a fraud, and we always advocate that we don't need banks to do transactions as we have blockchain to make them transparent, but with this news looks like banks cannot hold their horses but want to adopt bitcoin as probably they see some potential for huge profit why can't they just leave bitcoin alone.?
Although adoption is good but banks and institutions adopting bitcoin is like making bitcoin follow their strict policies as well, the system is fine but its policies are making bitcoin users not enjoy the freedom.
I've seen before how the people bash and argue that the bitcoin is a fraud, a scam and more because they just wanted to manipulate people that they can make more money in the banks than the bitcoin but no. People still prefer the use of the bitcoin like even from the previous cycles and ATH they have seen the potential of it so they risk most of their money than sleeping in the banks because of the inflation they seek now for an investment and potential profit, now the banks notice this change and they wanted to adapt so still people will invest and into their platform/banks but seems apparently they wanted now a privacy and they hodl their coin into their wallets and not in the banks. Base on my experience in a bank here in my country supported crypto, they have the worst service so if they wanted to adapt they need to provide a good service and convenience.
