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0 sats \ 2 replies \ @siggy47 16 Dec 2022 \ on: Basel Committee Finalizes Policy Suggesting 2% Bitcoin Exposure Cap For Banks bitcoin

I don't care if banks can hold bitcoin or not. It won't matter. They will become irrelevant either way

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0 sats \ 1 reply \ @NorthKoreanHostage 16 Dec 2022

I think you missed the big idea.

Banks are adopting Bitcoin in significant amounts.

This means the price of Bitcoin is going to go up a lot (more than it would've otherwise) in the next bull run.

This further legitimizes Bitcoin in the eyes of the masses.

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0 sats \ 0 replies \ @siggy47 16 Dec 2022

From a price standpoint I agree. My point was that the idea of centralized banks and decentralized bitcoin work towards opposite ends.

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