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Lark Davis Shared: This is incredibly big news for bitcoin! 50 million people are getting access to buy BTC via their bank.
For clarity, a German savings bank wants to enable Bitcoin for 50M clients.
Reportedly, German Savings Banks Association has stated, “More and more consumers are interested in crypto-assets. One in ten customers of the German Savings Banks states he/she owns or has owned crypto-assets. Considering their expectations, the Savings Banks Finance Group has to look into crypto-assets, too.”
Community Response: This is so strange. It’s like the enemy helping you assure their demise. Of course, if you let the bank hold your Bitcoin, don’t expect to get it back if things turn sour.
All customers over 70 years old and banks no impact. With banks, you do know where the money is right!
In 2015, banks ban your bank account if they think you’ve been buying Bitcoin. In 2021, banks ask do you want to buy some Bitcoin.
CBA are doing the same in Australia. And Commerzbank and the Volksbanken group joined yesterday. This is the most convenient way for ordinary people to cross the class.
This is really crazy. I am customer of “Deutsche Sparkasse” and right now their product is nearly dead. Extremely, high prices for having a bank account there and like everywhere the interest is really low. It’s about time for some innovation in the banking segment in Germany.
The name of the bank is “Sparkasse Deutschland”. Huge banking group. But I still think, LUXY will be the best plug thereafter and more reason everyone should be adding to their bags now. It’s a piece of very good news in the long run for Bitcoin but now the situation is rather negative than positive.
Don’t want to stop the hype train, but German Savings banks consists of around 360 legal entities, that are independent. So, there are 360-board decisions necessary to start mass adoption. Nonetheless good news.
Bitcoin will go to the moon in 2022. Hope you are all ready? That is going to boost bitcoin prices. Very good news for the all the members in the Bitcoin community.
It’s more. The 50 million are from Sparkasse, but the VolksBank and Commerzbank doing this to now.
And, so Bitcoin has arrived where it actually never wanted to go. Commerzbank and Volksbank followed them already. This means Germany and EU entering.
It is, since they are the most conservative. I’m actually kind of impressed. They actually do this. Bitcoin is the next generation saving tech, and them seeing it, is really nice. Going for this approach gives them a chance to serve the next generation saver as well as the last.
This is good news. I will put some future in my bag then. I wonder how much money those 50 million people will lose collectively due to their rookie status.
This is super bullish news. Yes. Now, I have to change my Bank.
That’s a sell signal. Ready to short. Just news bro, but they won’t go in to buy bitcoin because they know this market is so easy to manipulate and they don’t want to lose their money. Bitcoin is the evilest way of cheating this century.
No, it’s not, google Wirecard and then think again, Germany will always be scammers and the only thing they good at is turning stories around and diesel cars. Bunch of Nazis.
