Bank of America Admits BITCOIN is a threat to their business model . Amen Amen and AGAIN Amen
Bank of America Admits BITCOIN is a threat to their business model ... No kidding, I wrote about that a year ago or more. these guys just do not get it. I have walked into most banks and the average worker in there , including bank presidents and head Tellers have no idea who is on the ten dollar bill but they KNOW crypto is a threat to their assistance.
No Kidding.. I all but begged my banker to buy bitcoin at 250 dollars only to hear BITCOIN is a BUBBLE.. OK lets say he is right. HES NOT but for the sake of not wanting to argue with someone who handles FRNS everyday and is not curious enough to know whose portraits on are them. Had he put in a 1000 dollars he could be sitting in a pretty big boat right about now or at least have bought himself a retirement property in West Virginia and own it free and clear. ANYWAY..
When I walked in there now I SAY NOTHING.. and no one comes up and asks me anything anymore. OH WELL..
Could you imagine how big that Dolt over JP Morgan could have made his clients bottom line had he told them to invest just 5% in Bitcoin when he was telling them it was a bubble at 11 dollars? Or all the GOLD investors who were blitherng on about GOLD being a far better bet than bitcoin when bitcoin was in the double digits?
Anyway here is the link to Bank of America's Confession that they are looking up out of the bottom of a well...
Bank of America Admits BITCOIN is a threat to their business model
https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/
This is the way Bank of America wants you to think of investing in and living with bitcoin instead of their "financial instruments."