The demand for bitcoin is beginning to expand and traditional banks are going to have no choice but to hold, accept, and allow customers to stake bitcoin. I imagine that staking bitcoin at your local bank will be very similar to holding bitcoin on a platform like BlockFi. In my opinion, it's also similar to a high yielding savings account, just with bitcoin.
In my previous posts, I have suggested that selling bitcoin is big opportunity cost. Bitcoin will easily reach $400,000 within a few years and anyone that is stacking up crypto will make money. Proof of stake has never been more prominent, crypto mining 2.0 is the smartest way to make money nowadays. This is essentially what these banks will do, they will allow their customers to stake their bitcoin in return for a ROI.
Currently you are able to stake bitcoin with BlockFi as collateral, and they will loan you half of the USD value in a stable coin. The benefits of doing this is you do not have to spend any of your own cryptocurrency. Imagine if you were about to put a down payment on a home, rather than selling bitcoin, you could put it down as collateral and use the loan as the down payment.
