My wife was in a Chase bank today and overheard a chase bank rep stating to a customer, that the bitcoin is NOT going to last much longer.
If you keep listening to the bankers, I'm sure you'll lose what little money you have - instead of at least having a chance to be as financially independent as possible and protect yourself from inflation. Bankers just want to protect their business and make money on fees for transferring money, on fees for having a bank account, on fees for internet banking, on fees for SMS notifications, and who knows what else comes to their mind.
I don’t want to get into whether it’s ignorance or just trying to get people to give up investing in Bitcoin, but some bank clerk and his opinion are pretty irrelevant compared to what some country bank governors say. Their hope is that all this will one day fail, and they will then proudly take pictures and pose on TV in the style of
"we told you it would happen", but as time goes on they all look more and more stupid - because no matter what they keep saying the same things, they start to look like parrots who keep repeating some words, but of course they don't understand what they are actually saying.
Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money, Bank of England Governor Andrew Bailey said. “I’m going to say this very bluntly again,” he added. “Buy them only if you’re prepared to lose all your money.”
