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RE: Deutsche bank will invest in Bitcoin sooner than you think.

in #cryptocurrency5 years ago (edited)

It would only make sense that banks would purchase cryptocurrencies! As much as I’d not like them to have any at all...

If they get their hands on a large portion of the currencies, that gives them more power over the price. Although it remains decentralized, this lessens the supply for others and creates a higher demand. There’s no stopping Bitcoin anyway, so I figured they would have adopted the “if you can’t beat em, join em” bandwagon a while ago, to grab their cut of the earnings to be made with crypto. Although I’m against bankers being in the crypto space as much as possible... if this is going to help out the German people, then I see no issue with it. The people of any country and their well-being should come first.