Cryptocurrency bank SEBA executive: Crypto banks can make people understand the use cases of blockchain technology in the banking sector

According to Phil Dettwiler, head of the Swiss cryptocurrency bank SEBA's managed storage and transaction banking, Bitcoin is indeed an investment opportunity, and given its rising valuation, he emphasized Bitcoin's eligibility as a value storage tool. When Dettwiler was asked why crypto banks are needed when using Bitcoin without a bank, he said that crypto banks allow people to understand the use cases of blockchain technology in the banking sector. Phil Dettwiler said: "Pure bitcoin maximizers may never enter a bank, but look at the three dilemmas of blockchain: decentralization, scalability, and security … I do think that to increase security, I'm reducing some decentralization, and it's worth it, especially when it comes to convenience. "