While I’m an avid supporter of custodying one’s own #Bitcoin, some people think differently than me and won’t hesitate to use the services of banks well into the future, including after they’ve moved onto the Bitcoin standard.

On the bright side, #BTC banks could help fund Bitcoin mining as the block subsidy decreases to zero. There are tens of thousands of banks around the world, each needing to settle balances with large groups of their peers. Someday each of those banks could very well be settling their balances in Bitcoin.

I wrote an article this week analyzing how Bitcoin banks may fund Bitcoin mining and aggregate transactions. Check it out:

https://hifibitcoin.substack.com/p/fudbusters-btc-can-survive-on-transaction-fees

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