Bank of America admits cryptocurrency is threatening its business! SHIT's ABOUT TO GO DOWN
7 years ago by uberfreelancer (58)
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Good morning Bank of America. Here is a cup of coffee to help you wake up!
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When did that happen?
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This post has received a 2.14 % upvote from @boomerang thanks to: @uberfreelancer
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This post has received a 1.02 % upvote from @drotto thanks to: @uberfreelancer.
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You got a 9.09% upvote as a Recovery Shot from @isotonic, currently working as a funding tool, courtesy of @uberfreelancer!
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Globalist shill r scared af
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Sigh... No they didn't really. It's a typical legal mambo jumbo just to cover their asses.
They warn about the potential risks that YOU take when you invest into crypto.
They have a paragraph that gets thrown in about every new technology - basically just saying that they might not be able to keep up and so on and so forth. They do this all the time. It's really not that special.
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Not true...
"I hate to rain on your parade, but as someone who is both a fan of cryptos and a professional equity investor...
Risk factors are mostly CYA stuff written by lawyers. They cover a bunch of random stuff in there so investor can't sue them. After you read a thousand of those, you'll realize this too. It doesn't indicate at all that this is threat to its business model.
The first one is actually about counter party risk -- ie the risk of their clients being idiots by betting big on cryptos and going belly up. Like if you lend $10K to your friend, who spent it on booze and then killed himself.
The second excerpt is standard language covering all emerging technologies. Every time new tech comes along, you need to spent money investigating and potentially implementing it. Nothing to see here.
[...]"
Read more here: https://www.reddit.com/r/CryptoCurrency/comments/7zp1t4/youll_never_understand_how_incredibly_freaking/
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You got a 0.83% upvote from @mercurybot courtesy of @uberfreelancer!
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hahahah thats really cool.....check out my post guys @mark2 and keep the fun going
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