I love how most of the time they say something like "We do it in order to protect our customers", what are they protecting them for? Not getting robbed? xD
I would respect them more if they were open about wanting to protect people from scams. And just said look invest some of your savings with crypto, but we don't know where it is going yet, so just don't bet the house on it. I am very much in favour of well implemented regulation. Not buying crypto with credit cards is a sensible move. I've only ever used SEPA transfers.
But most press releases from investment bankers I see go along the lines of crypto is evil and you will lose all your money and your a fool if you invest in it.
As apposed to holding all my hard earned savings with an institution that keeps most of the profits from investments made with mine and others money, and absolves themselves of any accountability, hiding behind regulation.
2008 and sub prime mortgages was just as morally corrupt as any shill coin. It's the superiority complex which annoys me the most.
But at least we are starting to see some sensible opinions come to light now...
yeah may be bitcoin hit 30K in next 4 month .
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Bank of America already admitted to this in the news recently :)
https://www.coindesk.com/bank-of-america-cryptocurrency-risk-factor-annual-report-10-k/
I love how most of the time they say something like "We do it in order to protect our customers", what are they protecting them for? Not getting robbed? xD
I would respect them more if they were open about wanting to protect people from scams. And just said look invest some of your savings with crypto, but we don't know where it is going yet, so just don't bet the house on it. I am very much in favour of well implemented regulation. Not buying crypto with credit cards is a sensible move. I've only ever used SEPA transfers.
But most press releases from investment bankers I see go along the lines of crypto is evil and you will lose all your money and your a fool if you invest in it.
As apposed to holding all my hard earned savings with an institution that keeps most of the profits from investments made with mine and others money, and absolves themselves of any accountability, hiding behind regulation.
2008 and sub prime mortgages was just as morally corrupt as any shill coin. It's the superiority complex which annoys me the most.
But at least we are starting to see some sensible opinions come to light now...
https://www.google.co.uk/amp/s/www.express.co.uk/finance/city/923189/JPMorgan-bitcoin-banks-Shell-Global-Advisors-ECB/amp