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.
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