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Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: babo on February 22, 2024, 04:35:09 PM

Title: EU about ETF and Bitcoin
Post by: babo on February 22, 2024, 04:35:09 PM
EU https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html
italian article: https://www.ilsole24ore.com/radiocor/nRC_22.02.2024_13.59_46210462

simple embarassing about these kind of pseudo articles
Title: Re: EU about ETF and Bitcoin
Post by: paid2 on February 28, 2024, 08:12:05 AM
simple embarassing about these kind of pseudo articles

Ok but why sharing them so? :D :D :D

Indeed, articles about EU market in the cryptocurrencies field are often very poor..
Title: Re: EU about ETF and Bitcoin
Post by: Stompix on February 28, 2024, 09:52:08 AM
simple embarassing about these kind of pseudo articles

It's not really an article and more an opinion piece!
Unfortunately it's the opinion of a director of a department in the ECB and one advisor, who could have done a way better job by shutting up.

But it the end, you will never have everyone cheering for Bitcoin, after all that would be way weirder, no matter the system, the protocol, the device, the person, there will be someone who doesn't like them, from credit cards to smartphones to medical procedure or air travel, even if they are accepted as normal by the majority of the population.
Title: Re: EU about ETF and Bitcoin
Post by: babo on February 28, 2024, 09:53:57 AM
simple embarassing about these kind of pseudo articles

Ok but why sharing them so? :D :D :D

Indeed, articles about EU market in the cryptocurrencies field are often very poor..

i am sharing because know how politicians move is important when you going to vote
I don't like hiding my head in the sand like ostriches
I prefer to know what they think, even if they think absurd things

of course my opinion
Title: Re: EU about ETF and Bitcoin
Post by: Peter90 on February 28, 2024, 11:11:23 AM
i am sharing because know how politicians move is important when you going to vote
I don't like hiding my head in the sand like ostriches
I prefer to know what they think, even if they think absurd things

well said babo

Title: Re: EU about ETF and Bitcoin
Post by: babo on February 28, 2024, 11:13:19 AM
thank you so much @peter90

:) we try to understand the movement of the "enemy" ahaha
Title: Re: EU about ETF and Bitcoin
Post by: Peter90 on February 28, 2024, 12:30:37 PM
thank you so much @peter90

:) we try to understand the movement of the "enemy" ahaha

...  solo, la prossima volta quota uno o due paragrafi dall'articolo, per esempio la conclusione,
cosí uno capisce subito di che cosa si tratta

stammi buono
viva il belpaese  :D
Title: Re: EU about ETF and Bitcoin
Post by: babo on February 29, 2024, 03:23:23 PM
thank you so much @peter90

:) we try to understand the movement of the "enemy" ahaha

...  solo, la prossima volta quota uno o due paragrafi dall'articolo, per esempio la conclusione,
cosí uno capisce subito di che cosa si tratta

stammi buono
viva il belpaese  :D

ok va bene
next time i quote a little or "better" part of article :)
Title: Re: EU about ETF and Bitcoin
Post by: bitterguy28 on September 27, 2024, 11:12:35 AM
simple embarassing about these kind of pseudo articles

It's not really an article and more an opinion piece!
Unfortunately it's the opinion of a director of a department in the ECB and one advisor, who could have done a way better job by shutting up.
well are we really surprised that a central bank thinks of bitcoin like this? of course not bitcoin is a direct competitor / threat to them after all but since they are a centralized company more people will read this and think that yes indeed they are correct because this bank must be reliable and credible

but i don’t think banks should be sharing think pieces like this about specific currencies it is not like crypto is mainly used for illicit activities as they say that they need to “warn” people about it
Quote
But it the end, you will never have everyone cheering for Bitcoin,
the best we can hope for is that these people who do not like bitcoin at least do their research properly and dislike bitcoin for an actual reason and not from hearsay or misinformation
Title: Re: EU about ETF and Bitcoin
Post by: NotATether on September 28, 2024, 07:10:18 PM
well are we really surprised that a central bank thinks of bitcoin like this? of course not bitcoin is a direct competitor / threat to them after all but since they are a centralized company more people will read this and think that yes indeed they are correct because this bank must be reliable and credible

but i don’t think banks should be sharing think pieces like this about specific currencies it is not like crypto is mainly used for illicit activities as they say that they need to “warn” people about it

Oh, the banks themselves stand a lot to gain by on-boarding bitcoin-related transactions and getting into ETFs and things like that. They could get millions of dollars from that activity. It's the people who run those banks who have a bias against crypto, and thus avoid doing any of that or even allowing any such transactions by their customers entirely. Remember when Vanguard publicly stopped people from buying Bitcoin ETFs? (and then they relented when it became clear all their competitors were making money from it.)
Title: Re: EU about ETF and Bitcoin
Post by: TomPluz on October 01, 2024, 03:07:09 AM
Oh, the banks themselves stand a lot to gain by on-boarding bitcoin-related transactions and getting into ETFs and things like that. They could get millions of dollars from that activity. It's the people who run those banks who have a bias against crypto, and thus avoid doing any of that or even allowing any such transactions by their customers entirely.

You are right. Many banks even including those famous and big ones are now starting to see the potential of Bitcoin and cryptocurrency for them to make money from. And banks are actually looking for ways on how to conquer more markets and get more profits as possible. When these bank people will realize the mistake of not joining the party, they would be making a turnaround on their strong stand and opinion on Bitcoin. I am sure that is coming but of course we can see some resistance and that is just normal as many of the friends of Bitcoin right now were once "enemies" before.

Title: Re: EU about ETF and Bitcoin
Post by: MrSpasybo on October 02, 2024, 05:27:23 PM
You are right. Many banks even including those famous and big ones are now starting to see the potential of Bitcoin and cryptocurrency for them to make money from. And banks are actually looking for ways on how to conquer more markets and get more profits as possible. When these bank people will realize the mistake of not joining the party, they would be making a turnaround on their strong stand and opinion on Bitcoin. I am sure that is coming but of course we can see some resistance and that is just normal as many of the friends of Bitcoin right now were once "enemies" before.
In the early days of crypto, banks dismissed BTC, believing it would soon fail and disappear.

As BTC gained significant traction, these same banks became alarmed and sought to undermine it. Despite negative press, BTC continued to reach new ATH.

With widespread national adoption, banks began to see the market as a lucrative opportunity and sought to participate.

While everyone is entitled to their opinion, it's their actions over time that truly matter. In this case, BTC value is not determined by the ECB stance.
Title: Re: EU about ETF and Bitcoin
Post by: KingsDen on October 05, 2024, 11:58:20 PM
EU https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html
italian article: https://www.ilsole24ore.com/radiocor/nRC_22.02.2024_13.59_46210462

simple embarassing about these kind of pseudo articles
I thought you atleast paste the heading or introduction of the article to enable us decide whether to open the link or not. Now I have opened and read the crap, what next? Maybe I should start crying that bitcoin has failed.
Title: Re: EU about ETF and Bitcoin
Post by: Bobcrypto on March 13, 2025, 02:03:17 PM
You are right. Many banks even including those famous and big ones are now starting to see the potential of Bitcoin and cryptocurrency for them to make money from. And banks are actually looking for ways on how to conquer more markets and get more profits as possible. When these bank people will realize the mistake of not joining the party, they would be making a turnaround on their strong stand and opinion on Bitcoin. I am sure that is coming but of course we can see some resistance and that is just normal as many of the friends of Bitcoin right now were once "enemies" before.
In the early days of crypto, banks dismissed BTC, believing it would soon fail and disappear.

As BTC gained significant traction, these same banks became alarmed and sought to undermine it. Despite negative press, BTC continued to reach new ATH.

With widespread national adoption, banks began to see the market as a lucrative opportunity and sought to participate.

While everyone is entitled to their opinion, it's their actions over time that truly matter. In this case, BTC value is not determined by the ECB stance.

Yes, many of the Bitcoin critics, even some financial institutions, organizations, companies, banks are now the campaigners of Bitcoin even JP Morgan, others are now crypto friendly companies.
The world is fill with good and bad. Good and bad are some of the characteristics nature of Man. It difficult for many people to stand the text of time  You will hear one statement  today, and the next day, you hear another ugly ones from different people, there are men that are unstable.
Now, many institutions want to be part of the bitcoin community, however, this will further boost cryptocurrency developments.
Title: Re: EU about ETF and Bitcoin
Post by: bitterguy28 on March 16, 2025, 10:40:10 AM
Now, many institutions want to be part of the bitcoin community, however, this will further boost cryptocurrency developments.
yes the more people or institution get interested in joining bitcoin, those who will not join bitcoin will end up as losers because they will be the ones that will be left behind while others who involved themselves with crypto would reap out the benefits and see their companies move forward

soon they would have no choice but to use or adapt bitcoin because they will be the only ones left not to while the rest of the world sees the potential and benefits of bitcoin
Title: Re: EU about ETF and Bitcoin
Post by: TomPluz on March 18, 2025, 05:35:22 AM

Yes, many of the Bitcoin critics, even some financial institutions, organizations, companies, banks are now the campaigners of Bitcoin even JP Morgan, others are now crypto friendly companies. Now, many institutions want to be part of the bitcoin community, however, this will further boost cryptocurrency developments.


This is part of the mainstream adoption of Bitcoin when banks and traditional financial institutions are now entering the cryptocurrency industry upon realizing that this is the beast that will not go away and that it can also be profitable. These financial monoliths existed primarily to make good money and when they can smell the scent of profits they would find a way to ride the beast and even become big and influential players on the industry formerly dominated by ordinary gals and guys like you and me. Soon, these new whales will be commanding a high level of presence in the Bitcoin and cryptocurrency industry and they can even order what direction the market will be taking. As one of its nature, Bitcoin is agnostic and is open to all regardless of the intention and financial prowess. In summary, the coming in of banks and traditional institutions to Bitcoin/cryptocurrency can be heralding a new era for the industry and can be brining some distinct advantages and disadvantage as well...and in the coming years we would found out what are those.