Post
Topic
Board Bitcoin Discussion
Re: Banks offering investing in Bitcoin
by
carlfebz2
on 03/07/2023, 22:56:14 UTC
What do you guys think, should banks even be in 'the game'?
Until the coast is completely clear, I want to remain skeptical about the whole bank-offering Bitcoin thing. I don't want to see it as a "If you can't beat them you join them" situation since Bitcoin has continued to gain more attention unlike before. It could still be a trap to frustrate Bitcoin fans for all I know. I wouldn't buy Bitcoin through any bank in my country if banks decide to sell it. It's the same way I want others in countries where banks offer Bitcoin sale. Exchanges and P2P are there for anyone to buy from, not from one of Bitcoin's perceived big rivals.
Lots of people would be skeptical specially to those who are really that supporting cryptocurrencies on which really that been here for that decentralization and anonymity.For those institutions or regulated firms and

whatsoever who had been deciding on taking up some involvement or getting in connection with Bitcoin or crypto space then it cant really be avoided that people who do mainly support crypto would really be having those doubts and assuming that there's something with this kind of of plans or steps that they had made. We know that BItcoin/crypto is totally that contradicting on what Banks do offer which we know that
these institutions does much prefer those traditional things but now they've seen that the trend is like this then they would be tending to go with the flow.

Yes, they could but the trust cant really be totally be put up on what those service that they are offering. People would really be that skeptical and would be still storing up their coins on their own wallets
and would really be buying p2p for having no trace.