CoinGeek’s Becky Liggero spoke to Bitstocks CEO Michael Hudson on the launch of the company’s Gravity banking ecosystem, powered by Bitcoin SV.
Michael Hudson, founder and CEO of London-based Bitstocks, is looking to revolutionize the banking system, by simplifying it for anybody to use.
Their new product, Gravity, is aptly named, as Hudson explained: “Gravity is really a design philosophy at Bitstocks, because Gravity is everything, but you can’t see it. So it’s delivered like it’s nothing. So the philosophy behind the Gravity system at Bitstocks is how do we provide holistic experience? How do we plug all the holes that we can see in cryptocurrency and deliver it in such a user interface that makes it seamless? How do you provide everything but deliver it like it’s nothing?”
Developing the product, Hudson said, required “moving away from the nerdy, geeky narrative around cryptocurrencies,” and to actual everyday application. “Let’s just use it. Let’s make this useful, let’s make this accessible,” he said.
And all of this innovative banking for current, joint, and business accounts, will be done on Bitcoin SV. Hudson said, “You now have the ability of a very similar simulated banking experience that we’re all familiar with, and you could then spend your capital, your SV, at any point in the world that accepts Visa or Mastercard just as you would a traditional bank. You could even freeze your values as well so you’re not subject to the volatility on the market. There’s just no excuse now.”
The product is designed to be used even by those who are unbanked due to lack of requirements demanded by traditional banking systems. “They now have access to a banking-like experience that isn’t just like the past and what we’re used to.