Re: Wells Fargo: US Bank changes its mind about Bitcoin

Quote from: Pokapoka124 on May 20, 2021, 06:07:43 AM

Wells Fargo now calls bitcoin an investable asset and is offering only their wealthy client a chance to buy in. This comes as a shocker especially when I think about their pessimistic view on cryptocurrencies and actions
https://coinrivet.com/wells-fargo-bans-customers-from-purchasing-cryptocurrency/

I find this new action of Wells Fargo bank suspicious. Is this just a whale manipulation? Just after a massive dip, a famous US bank decides to changes their opinion about Bitcoin and only makes provision for the rich to buy. JP Morgan and others have been proved to be hypocrites after calling bitcoin a fraud, they later go ahead to embrace crypto.
https://www.google.com/amp/s/www.coindesk.com/wells-fargo-plans-to-offer-crypto-investment-to-some-clients%3famp=1

Bitcoin had a massive dump this month after the CEO of Telsa, Elon Musk said he was concerned about its environmental impact. But could a new announcement from the banks be the revival we need?

If anybody still doesn't understand this by now then it is that investor that is been left out. These people/organizations have seen the potential of Bitcoin and will silently invest in it or will shamelessly eventually announce their investment in it and we are seeing this now whilst investors that already have Bitcoin are Fuding their selves out, people/organizations that understand are buying their way in with this dips which were their purpose of causing the Fud in the first place.