Author

Topic: The bank has bought Bitcoin (Read 150 times)

newbie
Activity: 30
Merit: 0
March 09, 2018, 07:44:52 AM
#5
which I know most banks are against bitcoin. is it true that banks have bought bitcoins?
Yes it is true. Banks have bought lots of Bitcoin and will continue to do so.
jr. member
Activity: 112
Merit: 1
March 09, 2018, 07:37:05 AM
#4
What do you think about this video?

https://www.youtube.com/watch?v=UYHFrf5ci_g

If this is true, what will happen?


This is true Chase bank purchased, it will happen more and more as time goes on.

https://cointelegraph.com/news/chase-bank-buys-bitcoin-even-as-jamie-dimon-rejects-it
full member
Activity: 322
Merit: 141
March 09, 2018, 07:06:48 AM
#3
Banks and large private investors (don't forget also that banks are privately owned (except national central banks, of course)) are the biggest investors in the world, so why the surprise that some of them are investing in Bitcoin and some of them trying to influence the technology wanting to take it for their benefit.

That is why I think that the "inbuilt" interventionism is needed. Since when talking about the Blockchain and Bitcoin we are primarily talking about decentralization, we again come to an old economic discussion whether it is better to have a completely free market or a regulated one. I am always for freedom but also for regulation as the free market inevitably leads to centralization thus beating it's purpose.
newbie
Activity: 66
Merit: 0
March 09, 2018, 05:54:56 AM
#2
which I know most banks are against bitcoin. is it true that banks have bought bitcoins?
member
Activity: 142
Merit: 13
December 19, 2017, 09:20:07 AM
#1
What do you think about this video?

https://www.youtube.com/watch?v=UYHFrf5ci_g

If this is true, what will happen?
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