Reading this article impressed on me just how clueless most of the banksters and the moneyed class really are when it comes to cryptocurrency. They seem incapable of understanding basic concepts like storing alt-coins off line where they can't be hacked or even what makes one cryptocurrency more valuable then another. This old money trying to adapt and profit from the new crypto era reminds me of the communist old guard trying to adapt when the iron curtain came down. They quickly resorted to use of force and mafia style mercantilism to take over of the new free market. It is how dinosaurs always compete when faced with intelligence. The only way they can, brute force. That is why privacy based coins like PIVX are so important in my opinion. That is why I own PIVX. Even if it fails at least I know I tried. Not financial advice, just my opinion.
Daily news
13 July 2017
Swiss bank becomes first to offer bitcoin to its richest clients
https://www.newscientist.com/article/2140710-swiss-bank-becomes-first-to-offer-bitcoin-to-its-richest-clients/
