05-03-2022, 04:50 AM
Bitcoin is actively being added to loans, 401ks, ETFs and as legal tender. All while
<!-- SC_OFF --><div class="md"><p>As we all continue to be depressed about Bitcoin not doing anything in the past four months while being down 45% from its ATH for half a year. Bitcoin does not care and is undergoing a prime phase of mass adoption with everything from loans to option trading in banks to legal tender.</p> <p>Especially there is a lot of mass adoption coming from banks. As many mlhave added Bitcoin ans other cryptos to their balance sheet and as an option for traders to invest in. Also we have just seen the first Bitcoin backed loans from Goldman Sachs.</p> <p>It's clear that a lot of mass adoption is happening right now especially from sides that would typically not be that friendly towards crypto. For me personally that is worth more than a 100k Bitcoin. Because what would a 100k Bitcoin help me if the price is not sustainable and there is not actual backing?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/partymsl"> /u/partymsl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uguywp/bitcoin_is_actively_being_added_to_loans_401ks/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uguywp/bitcoin_is_actively_being_added_to_loans_401ks/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>As we all continue to be depressed about Bitcoin not doing anything in the past four months while being down 45% from its ATH for half a year. Bitcoin does not care and is undergoing a prime phase of mass adoption with everything from loans to option trading in banks to legal tender.</p> <p>Especially there is a lot of mass adoption coming from banks. As many mlhave added Bitcoin ans other cryptos to their balance sheet and as an option for traders to invest in. Also we have just seen the first Bitcoin backed loans from Goldman Sachs.</p> <p>It's clear that a lot of mass adoption is happening right now especially from sides that would typically not be that friendly towards crypto. For me personally that is worth more than a 100k Bitcoin. Because what would a 100k Bitcoin help me if the price is not sustainable and there is not actual backing?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/partymsl"> /u/partymsl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uguywp/bitcoin_is_actively_being_added_to_loans_401ks/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uguywp/bitcoin_is_actively_being_added_to_loans_401ks/">[comments]</a></span>