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Author Topic: Morgan Stanley, a big US bank offering wealthy clients access to bitcoin funds  (Read 130 times)
Kong Hey Pakboy
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March 20, 2021, 05:05:36 AM
 #21

There are always people, usually older generation, who will always rely on centralization for everything even to handle their money, even if that centralized entity is the most corrupt one in the world and is emptying their pocket!
I suppose this is the trend for at least the end of this bull run, so we may get comfortable because 2021 will be people buying bitcoin through centralized entities like this until they realize their mistakes and start pulling out which can take another year.
Well, its not like most older generation are technologically literate so I think it is convenient that other people will do the work for them, I mean their generation was solely based on the idea of being spoon fed everything so they don't work hard for anything. They can't really pull out of it though, there is no dividend and I believe that it is not a fully insured offer so pulling out of it would be disastrous for the clients, to everyone who thinks that this is good, read their guidelines about this because there are some parts there that are unsavory for crypto community, I mean this are the people that really hates bitcoin but at the same time they will offer this kind of thing, I don't trust this.

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