Post
Topic
Board Bitcoin Discussion
Re: Banks offering investing in Bitcoin
by
Smartvirus
on 27/06/2023, 22:32:10 UTC
Maybe I'm overthinking this, but when banks are involved with Bitcoin it always seems like an attempt of gaining some sort of control over it or push it to be more centralized in some way. And seeing more and more of them getting involved doesn't really comfort me.

What do you guys think, should banks even be in 'the game'?
I would never trust a centralized system when it comes to have obvious relations with a decentralized system. The design for bitcoin or other decentralized crypto assets not to have some obvious connection with centralized systems. The most these centralized systems can work for the decentralized assets is serving for a gateway or some form of exchange. Other than that, it would be difficult for users looking out for means to stay off the hook of centralized system getting to trade their crypto assets using banks.

It could have an end to it. In the long run, statements could be released in accounts involved in crypto related transactions and so will the penalty be dished out as well.