Hyperbitcoinization comin'... 😁

"Over 1,200 German banks can now offer Bitcoin trading to their retail customers"

Sauche:

https://finbold.com/over-1200-german-banks-can-now-offer-bitcoin-trading-to-their-retail-customers/

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Discussion

It will impact the price yes. Although they won’t let the customers hold their own keys “Retail Customers will not hold private keys”. IOUs only. Boomers will buy nevertheless.

As long as the banks really buy it and don’t fractional reserve it will become their bitcoin not yours!

Number go up and banks will do more and more shenanigans. Many will get rekt because they will be short Bitcoin. These banks won’t understand people gonna demand self custody. Banks gonna play with Bitcoin and ape into shitcoins on top of the bullrun. Their greed, shitcoining and luck of understanding of Bitcoin will cause more bailouts and screeching from the state.

I'd rather see these badly balanced banks fail first before they start selling their customers BTC in order to stay liquid.