This could be the biggest news in 2022

[el kaka22]

I feel like it is not a big deal at all, this is just a naming rights thing. I mean 15 million dollars for a bank? Imagine how small that must be normally and I doubt that it would be any better later on as well. Just imagine the situation we are in and that should tell you how easy it is. I know people who have that much money, and if I know PEOPLE who can, then I am pretty sure that there are companies who can easily buy the whole thing as well.

This is of course not an easy task, 15 million is a lot for you and me probably, but not the biggest news in 2022 neither. Banks in most nations have billions upon billions deposited to them alone, and many other incomes.

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[Leviathan.007]

Never heard of both of them. But it is the group that's going to buy them with the use or profit that they've made with bitcoin.

Well, the logic is understandable that it is bitcoin that's going to buy the bank. Maybe it's already been decided and whoever are the executives and board members of that bank doesn't have any other solution but just to sell it to the group with the said amount.

But isn't that low if the price is $15M and that's a long running bank?

Me too, I never heard about any of them, during all these years, and especially this year I saw many companies and even some governments and banks show interest in bitcoin and this can be just one of them and if they are running a big business this can affect the market massively but even that effect can be temporary in the market because all these acceptions are not going to change the trend of the market in long term.

[virasisog]

Never heard of both of them. But it is the group that's going to buy them with the use or profit that they've made with bitcoin.

Well, the logic is understandable that it is bitcoin that's going to buy the bank. Maybe it's already been decided and whoever are the executives and board members of that bank doesn't have any other solution but just to sell it to the group with the said amount.

But isn't that low if the price is $15M and that's a long running bank?

Me too, I never heard about any of them, during all these years, and especially this year I saw many companies and even some governments and banks show interest in bitcoin and this can be just one of them and if they are running a big business this can affect the market massively but even that effect can be temporary in the market because all these acceptions are not going to change the trend of the market in long term.

It's my first time hearing this news but it's a good indication that even banks now consider adopting and buying cryptocurrency assets. We're still in the midst of the economic crisis but news like this could brighten up the situation of cryptocurrency. It might not change the current price of Bitcoin and other altcoins but it could have a long term effect creating a stronger foundation for the market.

[michellee]

This is interesting news because a crypto holding company is buying a bank. This may be a new trend in banking that crypto owners can follow to buy a bank. Will this be a massive adoption process in the next year? It's still a mystery.

But it's about 898 bitcoins to buy the bank and if he has a few bitcoins, he won't be able to buy a bank or any other business.

[Casdinyard]

I suppode this entity is trying to buy the bank for its license, given that it's a crypto holdings company and that l8censes for such are hard to come by. And oh boy had they picked the right time. With the recession syill at a rage, banks are suffering the most and have experienced the lowest and most steady decrease in valuation amongst other industries, this means they can easily buy it for cheap with no problems whatsoever. Although honestly, I think the fact that they went after the oldest bank in existence is a little bit of a statement as well, that bitcoin is here to protect everyone, even banks or something along those lines. That's what I get from it at least.

[karabiber]

Is $15 Million Enough to Buy a Bank? No way. This is the first time i've heard of the company and the bank in the news. If this news is true, it will be a positive development for the crypto market. The company will perhaps experiment with crypto by buying banks. But i think the news is likely to be false. It is impossible for crypto companies to absorb the banking system because the crypto ecosystem itself is against the banking system. I really wonder why a crypto company would want to buy a bank.

[Semar Mesem]

Is $15 Million Enough to Buy a Bank? No way. This is the first time i've heard of the company and the bank in the news. If this news is true, it will be a positive development for the crypto market. The company will perhaps experiment with crypto by buying banks. But i think the news is likely to be false. It is impossible for crypto companies to absorb the banking system because the crypto ecosystem itself is against the banking system. I really wonder why a crypto company would want to buy a bank.

Right, I'm surprised why someone sells a bank for only $ 15 million, maybe this is 1 place of the bank's assets that have been used for hundreds of years, and of course to buy a bank requires a lot of requirements such as liquidity that must be supervised by the central bank, and of course requires a very strict permit for bank purchases.

[iamsange]

Right, I'm surprised why someone sells a bank for only $ 15 million, maybe this is 1 place of the bank's assets that have been used for hundreds of years, and of course to buy a bank requires a lot of requirements such as liquidity that must be supervised by the central bank, and of course requires a very strict permit for bank purchases.

Those who buy, of course, have thought about it beforehand and have completed all the requirements needed. Because someone who has never bought a bank will definitely ask those who have bought a bank to complete all the requirements. So you don't need to think about other people's ability to buy things that you may have never bought, for example like a bank. After all, those who bought the bank also definitely know where he will benefit from after buying the bank.

[naira]

This is interesting news because a crypto holding company is buying a bank. This may be a new trend in banking that crypto owners can follow to buy a bank. Will this be a massive adoption process in the next year? It's still a mystery.

But it's about 898 bitcoins to buy the bank and if he has a few bitcoins, he won't be able to buy a bank or any other business.

Maybe hearing the news regarding this for a while I feel happy, but on the other hand I still haven't seen what kind of goals and progress they will make after officially owning the bank. Of course, Apart from making Bitcoin the main transaction but behind it if the bank was in my place, then I would not keep a single penny in the form of Bitcoin in it. Isn't the bank working system as a place to store money, now what I'm worried about is that the Bitcoin Group is trying to convert finances with the same system that they will apply to Bitcoin.

Therefore, it is necessary to know more about the purpose of purchasing the bank.

[Yatsan]

Crypto holding company by the name of Bitcoin Group are on the move to buy the world oldest bank for approximately 15 million dollars .

The name of the bank is Bankhaus von der Heydt which was founded in 1754, the deal is already signed but the reason for this post is to understand where this is going.

Banks aren't ready to buy Bitcoin but now Bitcoin is buying bank? This is the most mind-blowing news of the year, I don't know about you guys. Here you go if you want to read more

https://cryptoslate.com/bitcoin-group-set-to-acquire-germans-oldest-bank-for-over-15m/

Buying it does not mean same thing would go with ither banks, also it won't mean that cryptocurrency will be registered or some sort of 'legalized' to all countries just because a crypto company managed to buy a bank. For sure that company has other plans for that.

This is interesting news because a crypto holding company is buying a bank. This may be a new trend in banking that crypto owners can follow to buy a bank. Will this be a massive adoption process in the next year? It's still a mystery.

But it's about 898 bitcoins to buy the bank and if he has a few bitcoins, he won't be able to buy a bank or any other business.

Maybe hearing the news regarding this for a while I feel happy, but on the other hand I still haven't seen what kind of goals and progress they will make after officially owning the bank. Of course, Apart from making Bitcoin the main transaction but behind it if the bank was in my place, then I would not keep a single penny in the form of Bitcoin in it. Isn't the bank working system as a place to store money, now what I'm worried about is that the Bitcoin Group is trying to convert finances with the same system that they will apply to Bitcoin.

Therefore, it is necessary to know more about the purpose of purchasing the bank.

Banks are simply under the authority of government and that I think is enough to explain the possible outcome of this instance. This will only be a huge news if this bank would be recognized as a crypto institution if and only if it would be allowed to be registered to such concept.

This is just how business works. Powerful ones being able to buy the weak ones. Given that a crypro company bought this bank, I think it is more of a stock/real estate investment rather than something which could show progressive growth to this industry.

[michellee]

This is interesting news because a crypto holding company is buying a bank. This may be a new trend in banking that crypto owners can follow to buy a bank. Will this be a massive adoption process in the next year? It's still a mystery.

But it's about 898 bitcoins to buy the bank and if he has a few bitcoins, he won't be able to buy a bank or any other business.

Maybe hearing the news regarding this for a while I feel happy, but on the other hand I still haven't seen what kind of goals and progress they will make after officially owning the bank. Of course, Apart from making Bitcoin the main transaction but behind it if the bank was in my place, then I would not keep a single penny in the form of Bitcoin in it. Isn't the bank working system as a place to store money, now what I'm worried about is that the Bitcoin Group is trying to convert finances with the same system that they will apply to Bitcoin.

Therefore, it is necessary to know more about the purpose of purchasing the bank.

That's right because I'm also worried that there will be interference from the government in the future, which will pressure the banks to follow the government's wishes. And we know that it's better to keep bitcoins in our own personal wallets than to store them somewhere else where we don't know if they can keep it well or can cause problems in the future. We should wait for notifications from their side so we know their true intentions even though they don't tell us the details.

[Lubang Bawah]

The expansion of cryptocurrencies is increasingly massive, now it's easier for the public to find things related to cryptocurrencies, as happened with the world cup ago crypto.com became the official advertisement and according to reports the volume of transactions on crypto.com has increased significantly, and now there is news that cryptocurrencies companies are buying banks the oldest in Germany and of course this will have a positive impact and the minds of many people about cryptocurrencies.

[Moeda]

The name of the bank is Bankhaus von der Heydt which was founded in 1754, the deal is already signed but the reason for this post is to understand where this is going.

Of course the Bitcoin Group will make efforts to get crypto legality through banking. They will get two legalities if Bankhaus von der Heydt manages to find a deal. What they want is the legality of Bitcoin transactions based on the banking system in that country.

[fortunecrypto]

Crypto holding company by the name of Bitcoin Group are on the move to buy the world oldest bank for approximately 15 million dollars .

The group now owns two banks the first one is was Furturn digital bank they now have to do another step and that is securing approval for a license, this move is unheard of and it could become a growing trend to fast-track adoption of Bitcoin in Germany
after the approval, the group just needs to take steps in integrating Bitcoin into their banking services, introduce Bitcoin to their clients, and serve those who are already holders of Bitcoin

The name of the bank is Bankhaus von der Heydt which was founded in 1754, the deal is already signed but the reason for this post is to understand where this is going.

Banks aren't ready to buy Bitcoin but now Bitcoin is buying bank? This is the most mind-blowing news of the year, I don't know about you guys.

We never know we have big corporations adopting Bitcoin, and integrating it with their system but once you add it to the banking system it easily introduces Bitcoin to the mainstream, I like this to happen to our country, as banks are still hesitant to add or integrate Bitcoin to their system.

[Smartvirus]

A good news for cryptocurrency for sure but that's just it. It doenst mean they would be operating on bitcoin or something. That's possible shah, accepting bitcoin deposit in exchange for local fiat currency. Not like they are the central bank or something, they would still function under the central bank regulations.
One thing I am wondering is, if the transaction would be done in bitcoin or they would have to buy fiat and in turn, proceed to  jying the bank as that would mean, flooding the market with coins and that could possibly result in a drop in price.
Other than speculated above, it would create a big business for the bank as local crypto users would flock to using the bank for there crypto transactions.

[capedbaldy]

We never know we have big corporations adopting Bitcoin, and integrating it with their system but once you add it to the banking system it easily introduces Bitcoin to the mainstream, I like this to happen to our country, as banks are still hesitant to add or integrate Bitcoin to their system.

No, you have to understand the above information carefully that no bank has adopted Bitcoin but Bitcoin Group companies are buying cash from the oldest bank companies, so of course the banking system will be adapted to the decentralized market, if they can change the customer's mindset to switch to Bitcoin investment then progress great to get a lot of customers from commercial banks.