At first banks didn’t want to associate with Bitcoin or one way or the other they did while using the customers savings to do the technical investment, but never recommending the customers to invest themselves because they are unsure of the risk to reward ratio due to the volatile nature of Bitcoin .
Recently Nordic bank is about offering Bitcoin ETFs (Bitcoin Exchange traded Funds) to its clients starting from December. I think the banking system are coming to realization about the backup potential of Bitcoin and they’ll try to utilize the opportunity by creating a Bitcoin investment platform directly managed by them for their client and will urge them to invest in Bitcoin.
This way they’ll be able to benefit from the customer investment by charging a commission or fee whenever a client does a transaction or charging a custody fee to secure and manage the clients bitcoin, either way, there will be a charge or fee from your investment and a profit from your investment on your their own end.
To those of us on here that haven’t started accumulating Bitcoin due doubts or whatever the case maybe, why not show some courage and do the work yourselves now instead of waiting for the bank to make things easier for you at a cost. I’ve come across a thread in this forum that was highlighting exchanges and wallet you can use to accumulate Bitcoin with the minimum of a dollar, some of which are Luna wallet, Kraken Exchange and Uphold Exchange.
According to
Michael Saylor “By the time bankers tell you it’s ok to buy it, it’ll cost you a million dollar a Bitcoin and when they tell you it’s a Good idea it’ll cost 10 million dollar a bitcoin”
