-Summer will see US banks beginning to offer cryptocurrency products.
-Banks in Germany are legally allowed to start on July 1.
Does the future of Bitcoin depend on how banks will position themselves against cryptocurrencies? Like many others, I do not like the fact that banks will come into a legal position to offer all these services and that in the end we have a paradoxical situation in which people use banks to buy and store cryptocurrencies in their custodial service. Maybe that makes sense with most centralized cryptocurrencies, but I would never trust a bank to be my crypto wallet, especially with Bitcoin.
Bitcoin's drop from 65k to $30k is one of the best things that has ever happened.
It depends from whose perspective you look at the situation - how do you think the one who invested at a price of $50k or higher feels? He probably thinks he’s been tricked by false promises, and if he’s sold then he’s definitely at a loss - which means he’s spreading negative vibes around him about how BTC is just some Ponzi scheme.
You need to know that events like this always have bad and good consequences, and that someone's gain is always the result of someone's loss.