Bitcoin gets more attention

[Majestic-milf]

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
 The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.
Despite it's fall from it's all time high price of 69,044.77 in Nov of 2021, the need to venture into cryptocurrency was necessitated by citizen's demands.
 .

“Our clients want direct access to this market through their house bank. Given the growing institutionalisation [of cryptocurrencies] in the last 18 months, this is the ideal time to enter the market,” Sandra Lienhart, head of retail banking has this to say.
 This move will go a long way to helping Bitcoin go global and I expect to see more people who were less welcoming of it to have a change of heart. What do y'all think of this? Your thoughts. https://finbold.com/swiss-post-office-to-offer-crypto-trading-and-custody-services-by-2024/

[The Cryptovator]

Bitcoin adaption is slower by government organizations due to decentralized behavior. But it's a good initiative the Swiss post office wants to open trading Bitcoin for users. Although it will be a custodial service, still good for citizens who are Bitcoin fans. But still, we have to wait for the official announcement. I can't see the official information source on the article.

[Upgrade00]

Bear markets are usually slow periods, but they are the best time to jump into bitcoin; Prices are lower, but potential is high. With enough patience and controlled investments, the ROI could be very high.
This also applies to businesses, cooperate firms and banks getting into bitcoin.

I should point out that the Swiss Post is looking to gain more exposure into cryptocurrencies and not Bitcoin in particular and have been into the crypto space for some time now.

[Fivestar4everMVP]

Sandra Lienhart, head of retail banking has this to say.
 "This move will go a long way to helping Bitcoin go global and I expect to see more people who were less welcoming of it to have a change of heart."
 What do y'all think of this? Your thoughts?

I agree with her, with every institutions, companies, businesses accepting Bitcoin as a means of payment for their goods and services, So will adoption continue to grow, and definitely, those who are less welcoming of Bitcoin will definitely have a change of heart, the most important thing is not to force anyone, but the secret is to continue to build and promote Bitcoin in our own little and whatever way we can, Bitcoin is here to stay, it is here to bring a total change to the monetary system, it is here to bring freedom to financial slavery, with time, even those who are currently less welcome of this technology will have no choice but to embrace it.

[PrivacyG]

Is this the first time Swiss Post is doing something pro Bitcoin though?  As far as I remember, in Switzerland you could do stuff such as purchasing train tickets directly with Bitcoin and this was many years ago.

Great news anyway, since they are expanding services.  Remember there are many other National Posts such as Austria's that are now known for creating stuff like stamps for Cryptocurrency enthusiasts.  Cryptocurrencies are definitely either gaining more attention or they are complying with the inevitable situation of Cryptocurrency market's growth by finding ways to adopt them.

-
Regards,
PrivacyG

[Piesel]

This is good news for crypto adoption, but then using the post office as a channel for payment may require users to provide some form of KYC identity verification and this will be a major setback for that services. Since the post office is operating under the Spanish central government so there will be regulations that will lead to verification of citizens using the Bitcoin payment options.

[GeorgeJohn]

Bitcoin will get more attention when the price is accelerated. actually bitcoin is something that we know quite well that has influence since it existence. At first countries that Bitcoin is just few if you watch this existence of bitcoin. And secondly bitcoin was been under war through government of different countries. So if some countries starts to embracing bitcoin currently that means Bitcoin price is having the Hope to rise.

[uchegod-21]

Bitcoin has passed the skeptical period. Nobody is afraid that bitcoin will vanish except the newbies. No one is saying that bitcoin is a bubble anymore, except the enemies of bitcoin.
We have all known the truth about bitcoin. We are expecting nothing than more and more adoption. The power of blockchain is much and this what is keeping bitcoin going.

Companies, organisations and institutions have adopted bitcoin very well, the next wave will be countries. During the next bull run, when El Salvador will run into massive profits, other countries will rush in...

[uneng]

Bitcoin is getting more attention from companies because they know the price is going to increase soon, so they want to be prepared for it once this happens. I just think customers' satisfaction and welfare aren't the priority for these companies, rather it's all about their own profit. I say that because customers are being smashed by annoying and ridiculous regulations, while businesses adopting bitcoin don't give any importance to it.

One example of that is crypto.com platform, which doesn't allow users to cashout fiat funds to any banking accounts until users make a deposit on the platform through that same banking account they are trying to withdraw to. Moreover, that account must be attached to their name and ID as well, otherwise it's not possible to transfer money. Consequently, money can't be transfered to anyone and users are restricted to debit card for all daily transactions, what isn't enough to fully replace traditional banking system for real.

i expect at some point, you won't be able to transact bitcoin freely, because regulators will create a kind of whitelist addresses you can deal with and a blacklist containing the forbidden ones... All with connivance of such companies.

[milewilda]

Bitcoin will get more attention when the price is accelerated. actually bitcoin is something that we know quite well that has influence since it existence. At first countries that Bitcoin is just few if you watch this existence of bitcoin. And secondly bitcoin was been under war through government of different countries. So if some countries starts to embracing bitcoin currently that means Bitcoin price is having the Hope to rise.

Whenever bitcoin made out some bull run then expect that search results and relevance would be high but when the market is entirely on bear then expect the other side of things where everyone is really that skeptical on dealing with bitcoin specially to those who havent heard of it or to those people who are just tending to dive in with crypto space. We know that adoption and recognition is something
natural to happen and not all would really be that confident on dealing with volatility but for sure and we know about its potential that it cant really be denied that this one is really worth of to engage on
but actually its just really that basing on own personal choice whether you would really get engage through it or would just wait for some opportunity before you do get in?

[Accardo]

Bitcoin has done great numbers in price value, everyone who is not a pessimist would testity and invest into Bitcoin. Top platforms and government institutions are pessimistic about Bitcoin so only few bodies indulge on Bitcoin investment. The little number of institutions like SPO (Swiss Post office) have a better view of what Bitcoin is all about. This will indeed help productivity in the company when bitcoin hits bullish trend. So Bitcoin will keep on getting more adoption despite the winter because the bull market is sure and good investor tap from such repetitive experience.

[KennyR]

Already Australian post have given access for the purchase of bitcoin through its application. This has been done an year ago and Australian post have done it partnering bitcoin.com.au, which is an initiative from a government managed organization. The vision of this project is to make bitcoin safe and easy for every Australian. Swiss have added similar plan, and swiss too a crypto friendly country this is one more better thing for its people.

Australia Post and Bitcoin.com.au launch a new partnership to pay for Bitcoin at Post Offices

[Slow death]

I particularly cannot understand why they will only start operating in 2024? this time is a long way off considering that bitcoin is already something that is at a very high level of adoption I don't see any point in them waiting for 2024 to start operating, it looks like they want to gain some attention thanks to bitcoin but that they have no intention of offering crypto services but they have come to the public to lie that in 2024 they will operate some crypto related service. I could be wrong but I don't understand why they wait until 2024 to start operating

[EdenHazard]

I particularly cannot understand why they will only start operating in 2024? this time is a long way off considering that bitcoin is already something that is at a very high level of adoption I don't see any point in them waiting for 2024 to start operating, it looks like they want to gain some attention thanks to bitcoin but that they have no intention of offering crypto services but they have come to the public to lie that in 2024 they will operate some crypto related service. I could be wrong but I don't understand why they wait until 2024 to start operating

Just like elon terminates twitter deal.

It seems this kind marketing strategy getting popular , i would agree with you regarding this. There is no point planning it in 2024 while you could always start now!
They gained popularity with this and stepped in crypto things will always be risky for a traditional business like them.

[n0ne]

I particularly cannot understand why they will only start operating in 2024? this time is a long way off considering that bitcoin is already something that is at a very high level of adoption I don't see any point in them waiting for 2024 to start operating, it looks like they want to gain some attention thanks to bitcoin but that they have no intention of offering crypto services but they have come to the public to lie that in 2024 they will operate some crypto related service. I could be wrong but I don't understand why they wait until 2024 to start operating

Just like elon terminates twitter deal.

It seems this kind marketing strategy getting popular , i would agree with you regarding this. There is no point planning it in 2024 while you could always start now!
They gained popularity with this and stepped in crypto things will always be risky for a traditional business like them.

Rather than a marketing strategy, it is all because of the market trend change. 2024 is targeted for the next bullish season. Maybe for that reason this could've been done. From a cryptocurrency service providers point of view, it is good to go with the market than waiting for such a long term to make the entry.

[crwth]

They are probably trying to exercise and see their clients' possible outcomes and wants. They probably try to collect more and more of that and ensure they are up to speed with having access to cryptocurrencies. I think their clients will like it even more, when they have established a good program, and it's not going to be too confusing for them to understand.

It's a significant step for them to do this. I believe more and more people would go and get more BTC because of this. Get into crypto in general.

[Ahli38]

I think very soon there will be many countries that will pay more attention to bitcoin. even those who previously only dared to pay attention to bitcoin without daring to enter it because it was still high, so today is different. because with prices that are already low enough, people will be much more daring to go in and buy. and this mass increase in bitcoin adoption will certainly have an impact on the demands of a citizen against his country to pay more attention to bitcoin and consider legalizing and legalizing it as a means of payment. even though a country is not interested in bitcoin at first but if its citizens turn out to be demanding otherwise, that is, its citizens are very interested in bitcoin, then the country will definitely rethink the demands of its citizens' interest.

[pooya87]

Bitcoin has passed the skeptical period. Nobody is afraid that bitcoin will vanish except the newbies. No one is saying that bitcoin is a bubble anymore, except the enemies of bitcoin.

People were skeptical about bitcoin for probably a year or two, that's till 2010 tops. After that bitcoin has been a solid currency that everyone who understands it trusts it also. The FUD and the propaganda on the other hand never stopped and will never stop. The bigger bitcoin gets the more intense the FUD will become.

If you compare things they do these days against bitcoin (eg. campaigns against bitcoin that sometimes reaches parliaments too) is more intensified compared to early years because of the growth bitcoin had and that scares the most corrupt centralized systems.

[xSkylarx]

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
 The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.

According to wikipedia,

PostFinance's main area of activity is in the national and international payments and a smaller but growing part in the areas of savings, pensions and real estate.

If this is really true, it will get a wide traction from people in Switzerland. Savings, pensions, and real estate means they have clients that belong to old generations who are not fully aware about what is bitcoin. If their adoption gets a good feedback then it will spread a good news to other countries and try to adapt it as well.

For their beginning of operation, are they waiting for the next market cycle because 2024 is where next halving will occur.

[DanWalker]

Bitcoin has passed the skeptical period. Nobody is afraid that bitcoin will vanish except the newbies. No one is saying that bitcoin is a bubble anymore, except the enemies of bitcoin.
We have all known the truth about bitcoin. We are expecting nothing than more and more adoption. The power of blockchain is much and this what is keeping bitcoin going.

Companies, organisations and institutions have adopted bitcoin very well, the next wave will be countries. During the next bull run, when El Salvador will run into massive profits, other countries will rush in...

In the next bull market, when companies and corporations investing in bitcoin will reap certain rewards. This will cause a domino effect in which more and more countries and financial institutions will jump into the market in order to accumulate bitcoins. During that period, bitcoin not only became more popular but also its price soared due to the high demand for ownership, so take advantage of this bear market to buy bitcoin at an cheap price.