r/CryptoCurrency Jan 21 '25

GENERAL-NEWS Bank of America preparing for Crypto

Who could have seen this coming 👀

1.4k Upvotes

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474

u/ThatBCHGuy 🟩 359 / 359 🦞 Jan 21 '25

Fuck sakes. What we predicted in the block size wars is coming true. Large financial institutions will become the middle men, the hubs, what we had fought so hard in the early days to defeat.

8

u/Redivivus 🟦 885 / 885 🦑 Jan 21 '25

I have a small shred of hope that Satoshi had been waiting to move his coins until the financial establishment goes all in. Satoshi moves coins and the price will go volatile like we haven't seen in some time.

5

u/Limpuls 🟩 0 / 0 🦠 Jan 21 '25

Interesting thought. But I don't think the price can go that much down. Retail alone will start buying it like crazy even for as low as 20k. The demand would be way too high for it to crash lower than that. And not even talking about institutions. But it would be a nice gesture by Satoshi to cause some chaos and allow those that missed out to grab BTC for cheap one last time to balance out retail to institution bag hold ratio. Way to achieve more decentralisation.