Banks Entering the Bitcoin Market Will Make Bitcoin Rise

You may have heard of the latest news in this article,

Investor: Banks [Goldman Sachs] Entering Crypto Will Lead to Bitcoin Price Surge
https://www.ccn.com/investor-banks-like-goldman-sachs-entering-crypto-will-lead-to-bitcoin-price-surge

According to Jon Matonis, co-founder of Bitcoin Foundation and executive at VISA

Jon Matonis doesn't say exactly when the banks will enter because no one really knows when anything is going to happen but he says he has a feeling that it'll happen relatively soon and I am thinking that this may coincide with the point where we finally get regulations around what all of this isn't exactly who has to pay taxes to what and when and why.

Major players who are in the cryptocurrency market, as a lot of people said no I don't think that's really happening. This guy is an executive at Visa and he's talking about how great it is, that he thinks about banks and other institutions getting into Bitcoin which I believe he owns a lot of.

I believe in a bear cycle financial institutions will not be hurrying in entering the market, but yeah they will definitely look for establishing their businesses at the forefront of the development of cryptocurrencies prior to their competitors.

The reason why I don't believe that cryptocurrencies will die anytime soon because the rich people definitely have their hands in the cookie jar.

So, I believe the good news is coming in a couple of months.

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Banks Entering the Bitcoin Market Will Make Bitcoin Rise

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