# Daily observation 6/26

By [andywan](https://paragraph.com/@andywan) · 2022-06-26

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![](https://storage.googleapis.com/papyrus_images/cb84e742920f2bff0eacd2a9cba25033e693da141822a58b4d69e706fe8bd426.png)

[https://twitter.com/JimDuffy\_/status/1540612809620422656](https://twitter.com/JimDuffy_/status/1540612809620422656)

• Banks have [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hashtag_click) on their radar

• Banks, despite outward appearances, understand [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hashtag_click) and how it fits and works

• Banks are seeking regulation in U.K. from FCA and will offer [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hashtag_click) in the future

• Banks are aware of crypto, but favour [#BTC](https://twitter.com/hashtag/BTC?src=hashtag_click)

What struck me the most was their clear understanding of how [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hashtag_click) could be a digital gold investment grade entity and that they understood the technology and how it was working in [#Venezuela](https://twitter.com/hashtag/Venezuela?src=hashtag_click) etc Invited them to [@BitcoinConfUK](https://twitter.com/BitcoinConfUK) and they’re coming to learn more

OMG [@frankieboyle](https://twitter.com/frankieboyle) was so funny on this one.

That made me laff!!

Whether banks need [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hashtag_click) or [#bitcoin](https://twitter.com/hashtag/bitcoin?src=hashtag_click) needs banks, we’re moving to mainstream adoption

Thanks for sharing this.

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*Originally published on [andywan](https://paragraph.com/@andywan/daily-observation-6-26)*