Bitcoin gets more attention

[Rengga Jati]

..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...

Wouldn't this be one of the good news among the many bad news from Bitcoin?
But yes, this news may not have much effect on the Bitcoin market, because it is still regional in a country. But at least this is one way for Bitcoin to become increasingly accepted in various circles.

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[isaac_clarke22]

~

Here in my country, I felt the strictness of the KYC requirements after Bitcoin hit the mainstream. Back in 2017, I was using just our local wallet named Coins and the verification stuff was not strict back then but then it suddenly got a little bit more strict as the day goes by.
It might not be noticeable at hindsight, but dang, the government won't really let these things unregulated as the adoption goes by.

[Piesel]

..It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to its customers in response to their demands for it...

Wouldn't this be one of the good news among the many bad news from Bitcoin?
But yes, this news may not have much effect on the Bitcoin market, because it is still regional in a country. But at least this is one way for Bitcoin to become increasingly accepted in various circles.

This could truly be good news for Bitcoin but then in a way, this could mean some form of identity target as am sure the post office will always demand identity from users who want to use the post office to buy Bitcoin, and also if not for the fact that i
This means public adoption through government agencies but not all Bitcoin users will want to leave exchanges to buy Bitcoin through the post office.

[Agbe]

_ even in it's falling state,

_ 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/

I was thinking of a country that is falling but I understand it as I finished reading the thread. In the state of falling of bitcoin (bear market). Yes, bitcoin is gradually entering countries in the world through the youths. I think, all the countries, the youth use bitcoin to trade or invest or use it do one business or the other. I do not thing that no country in the world bitcoin is not being used even the so call countries that they said, have been banned the usage of bitcoin in their various locations.
Sandra Lienhart emphasis on bitcoin is a nice encouragement of the to those people that disdain bitcoin in their localities. We also pray for them to have the change of mind or heart to adopt bitcoin, mostly the State governments in the world.

[2stout]

IMHO, this Swiss-Post initiative is a good thing for bitcoin.  It's a rather expanse initiative with a global reach, hence it will expose more to bitcoin which will increase the user base.  Once successful, what do you think other countries will do?  They will copy and then you have an even greater global reach, more exposure, and increased user base for bitcoin.

[TelolettOm]

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. I

In fact, Bitcoin has always became the attention that attracted many companies, parties, countries, and also people toreact. Some reactions reject Bitcoin, some reactions accept and support it. Some may spread always FUD every time in the bear market or even on the bullish one. But the other may support and accept Bitcoin as payment in any condition.
ABout this case, I really think that this may be a starting point to good acceptance for further acceptance against Bitcoin. Many more countries that accept Bitcoin mean that Bitcoin may last longer again right? Although this news may not give a ver big impact against the FUD< at least, they have declared that Bitcoin can be that legit thing to be used for payment method.

[danadc]

Bitcoin will always receive a lot of attention, first because it is the only currency that everyone is looking for, there are others who are looking for eth and tokens, but those who are looking for tokens are at a very high risk that things do not happen and they lose money, because of this attention that is provided is exclusive to bitcoin to see how it can make its movement and thus investors can win, if it rises it is what many expect, but it is unfinished, very cloudy.

[Michael White]

That is not something surprising. Bitcoin always had potential. The adoption numbers will keep on increasing day by day.

[Alisha-k]

“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/

Having direct access to the crypto market through banks is like a direct trap because regulations will be even more stricter than using exchanges. Bitcoin adoption might even take longer than we expect and once it finally comes regulation will get worst than it is now. Might earnest wish is that this retail banks stay off the crypto market their services will cripple most crypto investors

[Betwrong]

~

Making your own research is not something that newbies are good at, that's why they are looking at others and what they are saying. Doesn't mean that they are doing the right thing, just means that they are doing it because they have no other option.

That is still their own research, isn't it? It's up to them to decide what to believe in the end.

What they should do instead is stay away from bitcoin and crypto until you know more about it, and learn how to research. But since they want to get in as soon as possible, they make mistakes.

This happens a lot during the bull run for example, they see people making millions from crypto and they get in without needing to get in too much and that causes a lot of trouble for them, don't know what else they could do.

Is there even one person on the planet who at any given moment knows exactly where Bitcoin is going, up or down? I don't think so. The only thing many of us here are sure of is that a new ATH will be reached in the future. But we can't say, when exactly it will take place, and, newbie or pro, no one in the world can do it either. So, I would not suggest to newbies to stay away from Bitcoin. Rather, I would suggest to trade little by little, with small insignificant amounts, and even when they think they know everything, still not risk more than they can afford to lose.

[TheNineClub]

It's not surprising to see the worlds vankers jumping on a monetary option That's their job. Objectivly, this does more for BTC addoption than El Slavador did. Wether we like it or not, these types of players are thr ones that will make a diference in the publics perception.

[pawanjain]

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/

It feels good every time to see bitcoin being adopted at various places.
Although the adoption rate is very low for now, I hope it increases and is widely adopted throughout the globe.
The fact that this news is coming at the times of a bear market is more surprising and contributes toward a positive correction.

[bestcoins1]

A very cool initiative. It seems to me that the more Bitcoin will be used as a payment method, the more it will be available to people. Many will see how this is applied in everyday life. And fewer people will perceive it as a "bubble".

I see that there are still not so many Bitcoins implemented into payment methods now, but if it can be realized in the near future, I would be very happy to see it because in the country I live in now Bitcoin has not been implemented into payment methods although everyone is allowed to save it, invest it, and also trade it. So I would really support if Bitcoin could be applied to any payment in the world.

[ven7net]

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/

Even the current situation in the world is forcing Bitcoin to become an international means of payment, and as we can see, everything is moving towards this. As for the attention to BTC, it is important to note here that the high inflation of fiat money is forcing people to look for alternatives and Bitcoin is just one of them. But what is most interesting is the emergence of information about the great attention to BTC from banks, which indicates its acceptance as a means of payment and a means of savings. I am sure that now, with every passing day, the interest of ordinary people in the first place in BTC and cryptocurrencies will only grow, which means that in the future the crypto market will experience rapid growth.

[Wiwo]

, and even in its falling state,

This assumption or statement got my attention, Bitcoin is not falling simply because the price went down against the dollar. Don't use the price of Bitcoin to judge its progress the most important thing is Bitcoin adoption and usage, at the moment countries, are slow in Bitcoin adoption because Bitcoin can not be manipulated or controlled like the other currencies,  but having a post office accepting Bitcoin is a great deal but my worries are how long will that acceptance last or it will be replaced by other stable centralized coin.

[jhonjhon]

It's fantastic that the Swiss post office is beginning to provide cryptocurrency services since it makes it simple for bitcoiners to conduct transactions. The demands of a citizen to pay more attention to bitcoin and consider legalizing it as a method of payment will surely improve if this adoption continues to expand and if others who are skeptical about Bitcoin change their opinions and try using bitcoin.