Turns out Crypto is Good for Banking Stocks!
So it turns out Metropolitan Bank in NYC has embraced and wants more crypto clients!
Impact
Well, there income in Q1 is only up 300% compared to a year ago.
Damn those evil crypto people!
Anyway, I talk about this and look at the boring price action of Bitcoin in the video below...
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Disclaimer: All info in this post is my opinion and for informational purposes only
Free e-book: ScaredyCatGuide to Knowing What the Heck Bitcoin Is
Disclaimer: All info in this post is my opinion and for informational purposes only
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Informative article. Cryptos are indeed good for banking as they transform and improvise conventional methods.
Time to look for crypto friendly banks. Chase rejected my coinbase purchase a week ago. It did not cancel my account but I missed a good buying opportunity.
Yo bro. Looking forward to tomorrows show. Hey did you hear about Hyundai airing their first crypto TV advert. It was aired during a world cup match too, so massive exposure. The coin is called hdac and this all might just be an ad campaign, so don't take this as me promoting this coin. Just good to see crypto being put into the mainstream and goes along with the narrative of this being part of the agenda. Soon be time to start the fall-out and then we will really see who is left in the running. Or we get another "wild-west" moment when it hits the mainstream...I imagine there would be a lot of money to be fleeced from a whole new group of nooby traders. Mega exciting stuff!!
Hahaha, nice mate! Had not heard about the advert, cool!
This is good news. The wave is picking up momentum...
it seems like it's just a matter of time before the rest of the banks start following suit...as long as the demand is there - they are going to find a way to capitalize on it.
Yeah, bottom line is if there is money to be made the banks will jump on it.
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