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Interview: Bitcoin Adoption With Quontic Financial institution

02/10/2021
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This week for the “Bitcoin Journal Podcast,” host Christian Keroles sat down with CEO of Quontic Financial institution Steven Schnall to debate Quontic’s latest transfer to supply a bitcoin-back debit card. The bitcoin-back debit card provide customers 1.5 % money again on their purchases within the type of bitcoin. This represents Quontic’s first official cryptocurrency product and a large step for Bitcoin’s financialization as Quontic is firmly a legacy banking establishment.

Schnall and Keroles mentioned Quontic’s historical past and mission-driven function, in addition to Schnall’s private adventures mining cryptocurrency and shopping for bitcoin a few years in the past. Schnall believes that Bitcoin is a brand new financial paradigm and that each monetary establishment will start providing Bitcoin-related product within the coming decade.

The 2 additionally mentioned the next subjects:

  • Schnall’s Bitcoin historical past
  • Why Quontic was created
  • Quontic Financial institution’s mission-oriented enterprise
  • Evolutions in bitcoin custody
  • Bitcoin as a tough cash
  • Creating the bitcoin-back debit card product
  • What’s subsequent for Quontic Financial institution and Bitcoin

The submit Interview: Bitcoin Adoption With Quontic Financial institution appeared first on Bitcoin Journal.