Saxo bank CEO welcomes bitcoins - is the next train about to leave the station?

[Anima]

Confirmed news. Danish Saxo bank CEO has bought some bitcoins via a danish dealer (Bitcoin Nordic).

Also, his bank is considering speculating in bitcoin. Heres the danish news story from a respected source. (Google translate it - or i can translate some parts if it's rerquested.)

http://www.business.dk/investor/lars-seier-saxo-bank-spekulerer-paa-bitcoins

Facebook post:

https://www.facebook.com/lars.s.christensen.716/posts/10153025467243475




Will others like him follow? - i believe so!

[chessnut]

well that's for personal investment I guess, but the day where an actual bank chooses to enter bitcoin........ there will be panic.

very good news none the less  sets a good precedent. I would be interested how many coins he purchased.

[GigaCoin]

not the greatest bank out there, they are also known for some major issues with their trade platform and lot of people lost money because of it.

[Anima]

Yes, right now it's just for personal use to try the payment system out..

What he states in the news article is that they are interested, but that they need to make sure that their bitcoins are safe, referring to the (back then) very recent MT gox hack and insolvency issues. Basically, you can bet your hard earned money that if he finds a way to connect his own trading platform to a bitcoin exchange in a safe way, he will offer it to his customers.

What really gets me going is that once the ball starts rolling, other banks will follow..

[tutkarz]

I think there is no reason why banks would want to limit themselves to governments money only, when they can earn profit on bitcoin too.

[Erdogan]

He has blogged some (traditional) liberalism. Smart guy.

[Sindelar1938]

Good story, but we need many many many more like him

[Luno]

SAXO bank is offering trading accounts. I he likes it they might add bitcoin to their customers.