Morgan Stanley becomes first domino to fall...

in GEMS5 years ago

Slowly at first, then all at once

Morgan Stanley announced this morning that they would begin offering their wealthy clients access to bitcoin funds.

This marks the first major investment bank to do this...

Check it out:

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(Source: https://twitter.com/elerianm/status/1372208615793192964)

Eventually Goldman, JPMorgan, BofA and WellsFargo will all follow suit.

And these are just American banks.

Wait until the large European banks get involved as well.

The dominoes have started to fall, and as you know once the first domino falls, they eventually all fall, unless there is some quirk in the system. ;)

Regarding the news above, notice how only the wealthy Morgan Stanley clients will have that opportunity to get bitcoin exposure?

That's exactly what the Wallstreet Bets crowd is upset with.

The wealthy continue to have more options than the less fortunate.

Wallstreet won't ever change until they are forced to.

Stay informed my friends.

-Doc

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I’m stacking all the BTC, Steem and Blurt I can. 🚀 🌙 ... this is the way.

I think in Singapore, it may be DBS be the first mover.