Subnostr

Goldman Sachs: lists 5 reasons why bitcoin is 'not an asset class', nor 'a suitable investment'

Also Goldman Sachs; Files to Offer a Crypto-Related ETF

https://markets.businessinsider.com/currencies/news/bitcoin-goldman-lists-reasons-why-not-asset-class-suitable-investment-2020-5-1029248469?op=1

https://www.bloomberg.com/news/articles/2021-07-27/goldman-asset-management-arm-files-to-offer-a-crypto-related-etf

Michael Henke 2y ago

PayPal: Bitcoin is ‘useless as a payment mechanism and ridiculous as a store of value,’

Also PayPal; Use the app to buy, transfer, and sell Bitcoin

https://www.cnbc.com/2018/08/14/ex-paypal-ceo-theres-just-no-value-in-bitcoin.html

https://www.paypal.com/us/digital-wallet/manage-money/crypto

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Discussion

Michael Henke 2y ago

Visa: We won’t process transactions in bitcoin, because it’s not a payment system

Also Visa: crypto-linked card usage hit $2.5 billion in its first quarter

https://www.cnbc.com/2018/01/17/visa-will-not-process-bitcoin-transactions-says-ceo-alfred-kelly.html

https://www.cnbc.com/2022/01/28/visa-says-crypto-linked-card-usage-hit-2point5-billion-in-its-first-quarter.html

Michael Henke 2y ago

Deutsche Bank: Bitcoin's Value 'Too Volatile' To Be 'Reliable'

Also Deutsche Bank: Bitcoin Is ‘Too Important to Ignore’

https://www.ibtimes.com/bitcoin-price-hits-9000-value-too-volatile-be-reliable-deutsche-bank-says-2910888

https://finance.yahoo.com/news/bitcoin-too-important-ignore-deutsche-171137750.html

Michael Henke 2y ago

ING: Bitcoin is destined to become a niche asset

Also ING; working on digital assets custody technology

https://think.ing.com/reports/why-bitcoin-is-destined-to-become-a-niche-asset/

https://www.reuters.com/article/us-crypto-currencies-ing-exclusive-idUSKBN1YF2GN

Michael Henke 2y ago

Found on reddit, added source links

?auto=webp&v=enabled&s=2991884d4a680efe4d4c7c9824c5a4a505ac5bb3

https://www.reddit.com/r/Bitcoin/comments/119cxse/bitcoin_then_and_now/