Posts
avatar

hey guys i have been thinking about why big banks and conglomerates are still hesitant to jump into crypto it has nothing to do with the potential profits because they already have access to a large amount of Bitcoin through those big ETF funds and they keep buying more every day the only reason it has to do with privacy when you use a public chain, all your financial transactions are open for everyone to see, including your business partners i would never be able to operate a profitable business if all my loans and transactions were posted on a giant screen for my competitors to analyze 24/7 this is why all the serious capital is tucked away in private banks and vaults and special private funds they want the fast digital economy and new assets but do not want the entire world to know about their financial transactions i believe that the next big wave of capital will only come when we design networks that by default keep business dealings private the laws are finally catching up to crypto adoptions, and the technology is evolving, but until we embrace privacy by default, the big wigs will only look at us from their private monitors @Americanfort_io #Privacy #CryptoAdoption #Web3

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment