Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Banks are fleeing catalonia. Today it has been Sabadell -moves HQ to Alicante-. Tomorrow Caixabank decides if it activates its contingency plan and moves to Baleares.
Maybe next week Cataluña leaves the EUR and adopt Bitcoin? Bullish!
Maybe next week Cataluña leaves the EUR and adopt Bitcoin? Bullish!
Isn't Baleares filled with tourists and across the sea? How are they going to serve the local clients from across the sea?
We are talking about the Headquarters. They have branch offices all over Spain. I am sure branch offices in catalonia will stay, at least atm.
It is just that they fear a bank run (CaixaBank has lost more than 4 billions in client deposits just in the past three days).
As soon as both banks announced they were about to decide the move they started a recovery.