Interview: Bitcoin Adoption With Quontic Bank

Concentrate To This Episode:

This week for the “Bitcoin Mag Podcast,” host Christian Keroles sat down with CEO of Quontic Financial institution Steven Schnall to talk about Quontic’s fresh transfer to provide a bitcoin-back debit card. The bitcoin-back debit card be offering customers 1.five p.c money again on their purchases within the type of bitcoin. This represents Quontic’s first legit 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 objective, in addition to Schnall’s private adventures mining cryptocurrency and purchasing 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.

See Additionally

The 2 additionally mentioned the next subjects:

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

Bitcoin Mag

Bitcoin Mag is the oldest and maximum established supply of reports, knowledge and professional observation on Bitcoin, its underlying blockchain era and the trade that has grown up round it. Since 2012, Bitcoin Mag has equipped research, analysis, training and idea management on the intersection of finance and era.


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