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View Full Version : Virtual gold? Bitcoin's rise sparks new debate



dtrax
08-11-20, 23:10
https://www.straitstimes.com/business/banking/virtual-gold-bitcoins-rise-sparks-new-debate

- All time high 2017 @ 20k, now $15k
- Paypal started offering cryptocurrency services
- DBS from 2017 says bitcoin is a scam: https://www.google.com/amp/s/www.cnbc.com/amp/2017/11/14/dbs-groups-david-gledhill-bitcoin-is-a-ponzi-scheme.html
- To DBS today saying they are offering cryptocurrency exchange and custodian service for corporate and HNWI
https://www.businesstimes.com.sg/companies-markets/dbs-creates-buzz-with-its-plans-for-crypto-currency-exchange?amp

- Holding digitised USD stablecoins easily earn 15-40% interest per annum compared to 0% interest in DBS Bank today.

With all said, bitcoin might dump again soon when such news hits mainstreet before trying for all time high at 20k level.