Quote from: Coinsfera on Today at 08:12:26 PM

Quote from: Powerloader on Today at 02:05:17 PM

This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' - I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

The marketers of other industries are getting paid for the job they do. Bitcoin has a whole community that works as a marketer for it and they do not get paid for it. Is not that beautiful? Twitter and Reddit is the home for the Bitcoin community. Many centralized industries are jealous of Bitcoin's community. Hodlers are in the front of the warzone. The cryptos of centralized institutions will not go any close to Bitcoin.

Don't get too affected with the statements from banking institutions. I believe, some of them are already working in cryptocurrencies. They maybe giving some warning to people about crypto, but if you are a long time crypto user, you already know what to do in this market. You don't need someone tell you what to do. Anyway, sooner or later, these banks will also join the crypto revolution.