BTC and Banks - page 4. | Bitcointalksearch.org

szpalata

sr. member

Activity: 686

Merit: 253

Quote from: Maxre on August 28, 2017, 03:54:24 PM

I think big banks or small banks do not invest in bitcoin or alt coin.
I think it's too big a risk if the bank invests in bitcoin or alt coin.

What I know is that some banks have financial investors who trade our savings for profits and so I wouldn't be surprised if they by and trade Bitcoin too because they can easily take advantage of the volatility of Bitcoin and profit from the margins.

Maxre

full member

Activity: 812

Merit: 120

https://combonetwork.io/

I think big banks or small banks do not invest in bitcoin or alt coin.
I think it's too big a risk if the bank invests in bitcoin or alt coin.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I don't have any confirmed news about any bank dealing or investing in Bitcoin but yes, there are many such banks who have invested in Ripple.

Ripple works as a bridge currency between banks and countries which makes easier for customers to take the benefit of Blockchain technology without actually using it (XRP).

* More than 75 banks are now on Ripple's blockchain network.

However, it is a private blockchain network and ripples are issued to banks at a discounted price.

Cryptogladys

newbie

Activity: 39

Merit: 0

hello,
I was wondering if major and smaller banks invested in Bitcoin or other Altcoins?
I think they did but, the question is how? and with which methods? Huh

of course any bank will never say it publicly....
someone who knows something can explaine the community?
thanks

Topic: BTC and Banks - page 4. (Read 1640 times)