If Banks & Crypto Come Together - Who would you trust?

in #crypto7 years ago (edited)

“To the people who say bitcoin’s a bubble, I would say bitcoin is the pin that’s going to pop the bubble...," said Jon Matonis, a co-founder of Bitcoin Foundation and executive at VISA, in an article on CCN.com by contributor Joseph Young.

Wait...bubbles "popping" are bad, right? Well, that depends...within a traditional, centralized market (i.e. Banks...) it matters which side of the bubble you're on! But, one thing that is for sure, if you're not in the board room, (or an insider) there's a strong chance you're about to get crapped on...this view is from the "shareholder".

On the flip-side, however, "...financial institutions will not be hurrying to enter the market...It would take at least a few months to see major banks enter the space. But, when they do, the cryptocurrency market will be equipped with significant liquidity and public investment vehicles," stated Young, so, I pose the question...

When Banks & Crypto come together, who will you ultimately trust more as a "shareholder"/"client"...the institutional investors, or, yourself in the world of crypto?


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crypto10-4Check out the full article here: https://www.ccn.com/investor-banks-like-goldman-sachs-entering-crypto-will-lead-to-bitcoin-price-surge/