Crypto 360°

bitcoin.de, germanys "ebay for Bitcoin" (a platform matching crypto buyers and sellers since 2011) is fusing with futurum Bank AG as a direct result of regulation

I just received an email from bitcoin.de: they're stating that due to new regulations they have to become a bank by doing a fusion with one. They chose futurm Bank AG.

The background of this is new European regulation that allows only banks to offer cryptocurrency-related services. Yes, you've heard right: "only". The mainstream crypto news outlets have mainly reported this as a good thing when it came out: "European Banks allowed to offer cryptocurrency services, yay!". They somehow fail to see this is a power-grab (classic "regulatory capture"): Now you need a banking license to offer crypto services and if you're just a normal dude or company: you can't offer those services.

Am I the only one that finds this development at least greatly concerning?

What is the impact going to be?

submitted by /u/moleccc
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source https://www.reddit.com/r/btc/comments/j3pmzt/bitcoinde_germanys_ebay_for_bitcoin_a_platform/

Bitcoin is efficient?

submitted by /u/MichaelTen
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source https://www.reddit.com/r/btc/comments/j3pjs8/bitcoin_is_efficient/

aaand another 150 million Tether got "minted"

https://twitter.com/whale_alert/status/1311558945253851140

... 15.501 billion up to now !

https://coinmarketcap.com/currencies/tether/

remember, we started the year 2020 with "only" 4.128 billion

and in 2017 before it started, BTC only had a market cap of 15 billion

... the true source of SoV

submitted by /u/PanneKopp
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source https://www.reddit.com/r/btc/comments/j3ofuv/aaand_another_150_million_tether_got_minted/

Outlook is bleak. Is there reason to believe bch will survive?

submitted by /u/ryanhanks
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source https://www.reddit.com/r/btc/comments/j3p05h/outlook_is_bleak_is_there_reason_to_believe_bch/

Mike Novogratz: Bitcoin Is Bigger Than Any Exchange or Person, Buy the Dip - BeInCrypto

submitted by /u/Yorkshire80
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Invest in bitcoin

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submitted by /u/Donaldedward11
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source https://www.reddit.com/r/btc/comments/j3ngsi/invest_in_bitcoin/