[seibelj]

If I get paid in crypto can I custody it with you and use it to pay bills, buy a house, etc.? Are you trying to make this like a real bank? My normal bank will cancel my account if I start wiring in large amounts of fiat that originated from a crypto exchange. Also, if I have a crypto business, can you be my crypto business banker? Thanks.

[jeremyrwelch]

Yes, all of those scenarios will be easier with what we are building.

[seibelj]

Thanks! When can I become a customer?

[jeremyrwelch]

You're welcome! You can sign-up for a standard Kraken account now, or wait until we announce more about the SPDI bank experience. We should have more details out before the end of the year.

[seibelj]

I have a Kraken account - but I am a Poloniex engineer :) but I will be happy to use your banking services in the future! Amazing work. I don’t think most people outside of crypto (and especially HN) understand the value proposition for what you are providing. This is huge!

[jeremyrwelch]

Ha! Thanks for your work there, and glad to hear it. We are all in this together -- building a better overall financial and computing systems. More people will understand as we launch more features and products.

[switch11]

very well put -> We are all in this together -- building a better overall financial and computing systems.