Hacker News Reader

I dunno. For me, this initiative does not leave a good impression about Fidelity. Okay, maybe they're not buying a stake in bitcoin themselves, but even serving/promoting the cryptocurrency scene/culture seems pretty sketchy to me. (And wasn't the big selling point supposed to be that you bypassed the big financial institutions?)

View on HN

The sketchy aura of cryptocurrencies(at least with regards to Bitcoin and Ethereum) seems to be progressively fading away. And if you’re solely looking at cryptocurrencies as a long term investment vehicle, it makes sense for Fidelity to have an offering for their customers.

> The sketchy aura of cryptocurrencies(at least with regards to Bitcoin and Ethereum) seems to be progressively fading away.

With tether still being a thing I have a /really/ hard time believing that.

Bitcoin is no longer the terrorist and drug runner’s currency of choice, there are other crypto’s for that.

Bitcoin however is the white collar criminal’s crypto of choice.

I too boycott exchanges trading SAR, VES, and other such "sketchy" currencies. Big financial institutions should stick to respectable assets.

I also stopped using USD because I don't support the Iraq invasion.

Reply on news.ycombinator.com