Sweden’s 3rd Largest Bank Sponsors a Full-Page Ad to Explain Its Stance on Bitcoin
Swedish bank SEB (Skandinaviska Enskilda Banken AB) placed a sponsored, full-page ad this week in Sweden’s largest online newspaper, Swedish Dagbladet. Written in article format, it was titled “This May be Bitcoin's Fatal Blow.” Its author, Johan Javeus, SEB's chief strategist, promotes what some on Reddit viewed as a negative stance onBitcoin. Others saw it as positive, saying that the ad just reveals that the bank is showing a reasonable caution around thecryptocurrency. The author of the article presents the usual examples of why the bank frowns on thecryptocurrency's use. He says that....
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