about what?

I do not understand why Moss sees this as a huge win. Literally, he said banks would hold custodial wallets. The original vision was to use bitcoin to not rely on centralized institutions. In fact, I see this as in El Salvador where BTC is legal, but all wallets are custodial. Also, he kinda skipped...

Just imagine every typical person can interact with BTC in their bank account. Jack, do you think FDIC insurance will cover BTC accounts in the near future? That seems like a big deal. I get insurance up to 250k on a high yield BTC savings account… sign me up.