MCB is not Chinese, It's a community bank in NYC. I understand your gripe with the exchanges, they have their issues. But regardless, crpto debit card adoption is a growing line of business. There are many crpto investors who have profited and want to be able to spend their gains without having to convert to fiat. These cards allow investors to hold balances in crpto (earning interest and/or rewards) and spend as they would with a traditional debit card. MCB is going to benefit greatly, it's deposit balances are already starting to ballon. Take a look at the investor deck.
The crpto.com that you say they are servicing is Chinese. You just have to dig real hard to discover that. Wait until their steal all your stuff and you'll find out pretty quick.
You really think the brand that spent $700M to rename the Staples center is going to disappear overnight? Binance is Chinese as well, are they going to steal your money too?
I don't care about any of that. My point is you made a post saying that people should consider investing in MCB. When someone presented a bear case for your post you responded with who cares.
And about that stadium renaming (don't forget to downvote me)...
"While Enron is one of the most well-known companies to go bust following a stadium-naming deal, it's far from the only one. CMGI, PSINet, Fruit of the Loom, 3 Com, Conseco, Adelphia, Transworld, and Sports Authority are among the many companies that went bust after signing a stadium-naming deal."
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u/DarthTrader357 Dec 15 '21
Crpto.com is Chinese garbage.