Bitcoin’s decentralized nature helps people walk away from ‘rogue governments’

February 15, 2020 | By | Reply | 14 Readers More


Switzerland has been at the forefront of crypto-advancement for a long time now. As a result, many bankers in the country have started to see Bitcoin as a natural fit for their country’s financial and banking sector.

On a recent podcast, Phil Dettwiler, Head of Custody Storage and Transaction Banking at SEBA Bank AG, stated that Bitcoin is indeed an investment opportunity, highlighting its credentials as a store-of-value in light of its increasing valuation. Interestingly, cryptocurrency wallet Ballet’s founder Bobby Lee had also recently stated that he believed Bitcoin’s price would reach $1,000,000 and beyond, adding that it is the greatest investment opportunity of the lifetime.

That said, crypto-banks have been making a lot of waves recently. Banking giant Wells Fargo recently announced investing $5M in a startup connecting crypto-exchanges and banks. Crypto-banks are…

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