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?
I think it's like that too, bitcoin will be more expensive so investors will scramble to buy it as soon as possible so that they continue to get huge profits. news about banks that will make their own crypto is possible, because they see that many investors buy bitcoin even though the price of bitcoin is very expensive, so banks also want to make their own crypto so that investors are also interested in buying cryptocurrency from banks.