2/27/23: FTX's Surprising Impact on Crypto Investor Sentiment
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
00:00
The Future of Cryptocurrency
The Bank for International Settlements BIS has proposed new rules that will let banks worldwide put up to 2% of their capital into Bitcoin. The world's banks hold $180 trillion in assets. With this new rule, banks could end up holding $3.6 trillion of Bitcoin. What will happen to the price of Bitcoin when the world's banks start buying it? Everyone's welcoming all this flurry of activity, or at least all the legitimate companies are.
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