Their target customers who are the wealthy people and they know that these people would listen to them more than they will listen to any social media Bitcoin influencer. In addition to this, they know that this would be good business for them as well and that is why they are doing this. In my estimation not all banks are going to do this but the private ones, like it was stated in this news article. They will eventually advice their wealthiest clients to consider it.

It probably shows they are confident in Bitcoin-- and Ethereum, by the way. And probably rightly and reasonably so because if you look at Bitcoin's chart, there's no reason to be too afraid that it's going to zero despite the warnings.

In a way, the warnings that it might go to zero are exaggerated, unreasonable, and unfounded. At least as far as Bitcoin's track record is concerned, there's no indication that it will.

In contrast, even high-profile stocks could go to zero. So, Bitcoin is much more secured and generally better than stocks. 7% is even too low.

According to forbes there are 3028 Billionaire right now on earth holding about $16.1 trillion in wealth. Imagine their 5% wealth they investted in bitcoin which is around $800B the market gonna sky rocket 🚀.

We will se bitcoin has a massive 30/40% pumped. Well I excluded the millionaire from this list. Well we know that you don't need to be a millionaire or a billionaire to invest in bitcoin this is all happening . According to statistics overall world all millionaire those holding minimum $1M us dollar total net worth would be $86T and that's massive amount of money rn.

Days are passing , us govt are printing money . Inflation rising Numbers of money is increasing. So upcoming 20 year we could see 2x pumped in US M2 money supply also a massive adoption which could lead bitcoin from this points minimum 100% ROI

Slowly those who were previously against Bitcoin are starting to open themselves up to taking part in the huge potential that Bitcoin investments bring. This suggestion is a bit strange in my opinion because so far the Bank has always stood on the side of the most opposing Bitcoin. The individual mention (Bitcoin) proves that this number one crypto asset is always the right choice for investors compared to other crypto assets.

The suggestion from (BBVA.MC) that certain groups should invest in Bitcoin may be based on the amount of money that certain people have saved, but in general, Bitcoin can be owned by anyone as long as they fully understand the technology. It doesn't matter if the Bank suggests allocating around 3% to 7% to its clients to invest in Bitcoin, that amount is very good for the initial step, when they get used to this industry, sooner or later they will realize Bitcoin is the safest and most profitable medium of money storage than keeping their money in the Bank.

I don't know if I should laugh.
as popular saying goes "Better late than never". This is a good example in this case. It's true that they were too late to realize the importance of investing in Bitcoin and began advising their clients, but that's better than never noticing.

I see the wealthy as the least invested in Bitcoin and cryptocurrencies. I don't know why. Is it because they fear these assets are unsafe or because they are too rich and uninterested in finding new sources of increased profits?

It is good to see the bank recommend their client to invest in Bitcoin. That will boost the adoption process as we know many rich people saving their money in banks. But I think they have more reason why they suggesting that but they will not tell us.

Later, bank will said that they can help client to buy Bitcoin and save it in their account along with their saving. If that is happen, that means, bank control their Bitcoin and not client and bank can report it easily to the government about their Bitcoin ownership.

Once the government know, they can use it to imposing more taxes of the Bitcoin ownership. That is what I can think and make me feel that it still better to keep our Bitcoin in our private wallet. Having Bitcoin is our choice and not because of others suggestion.

Isnt it funny to see these institutional financial businesses turning to Bitcoin after
years of shunning it.

At a time when owning a single Bitcoin has become out of reach for the vast
majority of people we are seeing more wealthy people moving in add it
to their portfolio.


Yes I would also see imagine they are the least invested in Bitcoin, its purely
a wealth preservation/profit driven excersize (which is ok but just noting it.)

7% in crypto is a huge mistake as we have seen in the last years...
it means that most of people could easily loss a 6% even more of their wealth by choosing the WRONG shitcoin.
Maybe they are offering also a service for purchasing crypto or something similar ?
The only and best suggestion should be just to buy bitcoin and thats all!

finally they are not able to limit the journey of bitcoin to achieve success in the long term and they are starting to give signals to allocate 3% to 7% of the portfolio to buy bitcoin.
This sounds a bit strange because banks are starting to dare to make such statements because previously they might have been quite against it although in this case they are suggesting that it is only limited to the rich and not for the general public.

The important part that we don't realize is that they are giving a small percentage to invest in bitcoin and that means they still see the risk or fear in considering the percentage they give, but so far it can be said to be good because they are starting to be a little open to bitcoin.