Ninjastic
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Re: Wells Fargo: US Bank changes its mind about Bitcoin
by
ILuckyGuyI
on 23/05/2021, 10:48:06 UTC
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?

It is good news and suspicious at the same time, yeah. I hope that it is really an intimate statement from Wells Fargo. There have been many people and companies that changed their minds about Bitcoin in time also. Maybe Wells Fargo is really one of them now.