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Author Topic: World's Second-Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin  (Read 209 times)
livingfree
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November 15, 2020, 04:15:40 PM
 #21

What's next when a Chinese has traded his bitcoin for that bond? He just lost his bitcoins.

Assuming that this news is real and we can have a sense of bullishness if it's a bank that's owned by the state. But, you don't just get on it without understanding it. Yeah, we may hear it as good news because it's a bank.

But that's inevitable use and part of bitcoin.

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November 15, 2020, 05:02:36 PM
 #22

What's next when a Chinese has traded his bitcoin for that bond? He just lost his bitcoins.

Assuming that this news is real and we can have a sense of bullishness if it's a bank that's owned by the state. But, you don't just get on it without understanding it. Yeah, we may hear it as good news because it's a bank.

But that's inevitable use and part of bitcoin.

I see that from a different point of view. I'm not concerned if this involved China, bank or some government but that we still look at it as a breaking news and in reality it does not have any significance. Use of Bitcoin by serious banks or companies is still on the level of experiment, not necessary of a successful one.

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