Post
Topic
Board Economics
Re: It already started...
by
waterpile
on 09/06/2015, 22:56:32 UTC
HSBC to sack 50,000.  http://money.cnn.com/2015/06/09/investing/hsbc-job-cuts/index.html  

Get used to headlines like this, banks are going to spend the next ten years explaining why they are 'downsizing'.  The largest bank in the world - is pretty much lost for reasons why they no longer figure out ways to make money.

Good riddance.

So do you think this will have any impact on bitcoins?  Personally I don't see it really effecting things.  Maybe some people will lose a little faith in banks or something but overall I believe this to have little or no impact.  Does anyone disagree?  I would be interested in your opinion.

It may have an effect people will diversify their money, like some % of their saving will be stashed in BTC while the other remaining funds will be stashed to another..