Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on November 22, 2021, 06:32:50 AM

Title: Crypto FOMO: Australia's Largest Bank Sees 'Bigger Risks in Not Participating' i
Post by: sirty143 on November 22, 2021, 06:32:50 AM

(https://i.imgur.com/47yQNmHm.jpg)

The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained. See more for yourself here (https://news.bitcoin.com/crypto-fomo-australias-largest-bank-bigger-risks-not-participating/).

Your opinion is greatly appreciated.

Title: Re: Crypto FOMO: Australia's Largest Bank Sees 'Bigger Risks in Not Participating' i
Post by: TomPluz on November 23, 2021, 03:36:15 AM

The man captured everything of how many people and financial institutions look at cryptocurrency. Certainly, there are many risks involved with participating and one should not blindly set them apart. BUT there can be more bigger risks in just sleeping and then waking up to see a world where cryptocurrency is already utilized by a majority of the people. Banks will go where the money is, that a fact. One day, most of the banks will have no choice but to deal with cryptocurrency.