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0 sats \ 0 replies \ @ExponentialBTC 16 Dec 2022
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0 sats \ 2 replies \ @siggy47 16 Dec 2022
I don't care if banks can hold bitcoin or not. It won't matter. They will become irrelevant either way
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0 sats \ 1 reply \ @NorthKoreanHostage 16 Dec 2022
I think you missed the big idea.
Banks are adopting Bitcoin in significant amounts.
This means the price of Bitcoin is going to go up a lot (more than it would've otherwise) in the next bull run.
This further legitimizes Bitcoin in the eyes of the masses.
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0 sats \ 0 replies \ @siggy47 16 Dec 2022
From a price standpoint I agree. My point was that the idea of centralized banks and decentralized bitcoin work towards opposite ends.
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0 sats \ 0 replies \ @jk_14 16 Dec 2022
"The BIS had previously considered a policy of 1% for global banks. In turn, the banks requested a 5% reserve limit. This 2% appears to be a compromise between the two."
LOL
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