Bitcoin Controlled By Corporations - A new exchange

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We are starting to move into an era where bitcoin could very well start being controlled by corporations. It wouldn't take much for a company such as Apple to buy up a bunch of bitcoin and launch their own crypto exchange.

It's actually what some companies are starting to talk about and if that happens is crypto really all that fun anymore?

It feels like crypto is going full circle lately. What was once a crypto to get away from fees, regulations etc is now turning into the exact thing it was looking to destroy.

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Does that mean there's no room for profit?

If anything this is the time to profit. If companies do end up going this method it means values will skyrocket and those holding on to bitcoin today will see themselves in a good place.

This also means companies would start to acquire assets in bitcoin just like Elon did. Perhaps the first of many? If so Elon is about to make bank himself and that 1.5 billion is most likely a drop in the bucket for him so expect more future buys to come.

Perhaps Elon might even launch his own exchange? Who knows but the future of crypto and taking payments for things is here and adoption is increasing something that greatly lacked three years ago.

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We have also seen companies such as Paypal and Square start warming up to Bitcoin as well but not heavily invest in it. It seems like many are still sitting on the sidelines and let's be honest it's going to take a lot for these companies to actually jump on board with cryptocurrency but once one does and they seem massive profits you can be sure it will be a wave of many more to follow.

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4 comments
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Does this say from LeoFinance? Is this linked to the official LeoFinance Email Newsletter or a personal one that you operate? I passed this on to the curator chat, but if its not linked to the LeoFinance.io newsletter, I wouldn't say "from leofinance"

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That was something I for sure over looked from the designer. I'll make adjustments to remove that section of it moving forward as it's my own email list.

Thank you for catching that was an overlook by myself.

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Apple pay to Apple Crypto does not seem like a big step.
Apple can do and their users will love it.

As far as BTC, I do see the greed of corporations joining the platform.
Some will gamble, some will invest, corporations will certainly influence the market

For the rest of use, seems like a good time to keep adding to our own BTC wallet.
What is the ceiling price?
Would owning 1 BTC be enough?
Should we push to owning 3 or 5?

And what will this do do to alternate tokens?
Let the tokens reap the benefits as being a second option

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I'm focused more on alternative tokens at the moment over Bitcoin itself. There's larger profitability within them but still bitcoin is pretty "stable" as more money flows into it the less wild swings you will have.

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