For some customers last September cryptocurrency DBS Bank, the Singapore-based largest bank in Southeast Asia, which launched its trade, believes in the future of Bitcoin and cryptocurrencies.
Related Content: New Bitcoin (BTC) Move from DBS Bank!
DBS investment strategist speaking to local news agency Finews.asia Daryl HoHe said that despite the high volatility in the market, Bitcoin continues to present a unique opportunity.
Daryl Ho stated that in this case, the decentralization of BTC is effective.
“Whether the price has changed or not, I still think Bitcoin is unique and offers unique opportunities.
If we just look at the price basis, we see a lot of volatility, which does not tell much about what benefits BTC actually offers.”
BTCAccording to Ho, who stated that he believed in Bitcoin’The uniqueness of s is not because of its price, but because of its structure that allows you to transfer value in a decentralized way without the need for a central party.
“If you were holding certain procedural assets in early February, you may not be able to cash out at any time as the exchanges are closed.”
DBS Bank, which supports cryptocurrencies, also stated in its previous statements. bitcoin He said cryptocurrencies like gold will continue to grow as a store of value, just like gold.
Related Content: Singapore’s Biggest Bank Says Bitcoin Will Continue to Grow, Explains Why!
DBS Bank, which is also interested in the recently popular technology metaverse, announced that it has partnered with The Sandbox, a subsidiary of the popular game software company Animoca Brands.
Related Content: DBS Bank Will Buy Land From This Metaverse Altcoin!