It seem like everyone saying they are creating a currency system for the unbanked and underrepresented is really creating it for the rich. Silvergate only service commercial clients and requires a million dollars to open an account. This new bank Avanti seems like it going to do the same thing.
What exactly are these guys doing anyway? If you are a customer of either of theirs can you just chime in and tell me what you use them for. Does anyone use Silvergate’s banking API ? I get that Avanti might not be open for business yet.