MetLife buying into Bitcoin?

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MetLife is an investment firm with over $651 billion dollars in assets. They just released a report expressing interest in investing in Bitcoin. They have enough money to move the needle with just a "small investment".



You can find the full report here

"As the world becomes ever more interconnected and digitized, it appears unlikely that CBDCs will be a passing fad and will instead receive mounting attention from authorities and consumers worldwide."

While big banking has been saying for years Bitcoin is a fad and even so much as a scam, they have been pumping money into Bitcoin under our noses. 2020 has experienced a big increase in public statements of big business and finance investing in crypto. We are even seeing governments expressing strong interest to moving towards crypto to reduce their debt issues.

Just look at the 30 day chart for Bitcoin, this is largely the result of large organizations buying heavily into Bitcoin. The last 30 days has been a whirlwind for Bitcoin, but it hasn't even started.

MicroStrategy has purchased over one billion USD worth of Bitcoin in 2020 alone. While this is massive, most people don't have a clue who they are. Once you start seeing Fidelity, JPMorgan, MetLife, and all the household names buy-in publicly, the Bitcoin train is going to blow right past the station.

Even JPMorgan is predicting over $146,00 Bitcoin, and they were saying Bitcoin as a fraud for years. During this time they were buying it up.

I highly recommend everyone watch this video and learn don't pay attention to what big finance is doing, but pay attention to what they are saying.


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13 comments
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don't pay attention to what big finance is doing, but pay attention to what they are saying.

You're part of the conspirators uh ;)

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Man I would hate to have haters ,but I'm bearish for a short term being but bullish with btc too. Mostly focused on buying penny coins cardoono vet bat hive too

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More big companies and big money men buy bitcoin. It shows that bitcoin is one of the most wanted digital assets. How about altcoins? I prefer try with small cake of altcoins.

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I'm just wondering if we will see a revolution against Bitcoin at some point, with 10 x price comes 10x transaction fees and it gets harder to buy and move BTC for the average Joe.

What would be if BTC really rallyies to 5 Millionen, all banks, countries and big companies are heavily bought in with like 98% of their capital. Then the people just say, nah we only accepting Crypto that can actually be used and then the Bitcoin Bubble bursts and with it the death-lock grip of governments and big capital.

I am allowed to dream, am I ?

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Obviously these institutions discredited bitcoin primarily so that no one would trust it and for their own benefit, and secondly so that people would remain tied to a system of money controlled by themselves.

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Its awesome to see this trend continue. MassMutual bought into bitcoin recently and seeing more of these old guard traditional firms buying in is only a good thing for price over the long run.

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Another big company interested in Bitcoin?

Tell me about that "bubble" thing bullshit.

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My brother in law works for a small accounting firm and he has been working to educate the management and their clients about cryptocurrency. It is some pretty cool stuff how all of these institutions are becoming more and more interested in it.

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