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I have a casual relationship with a manger of a Citi bank. over the past year, we would talk about different assets for a few minutes in passing. A couple months ago, I started talking about Bitcoin and encouraged him to allocate a bit of his portfolio. I warned him it was very volatile but has a very promising upside. Weeks would go by, and he would show more interest, ask me some questions about Bitcoin. I recommended buying $iBIT (the Bitcoin ETF from BlackRock) because it was similar to what he was used to, buying an ETF in his brokerage account. Last time I saw him, he told me Citibank would NOT allow him to buy $iBIT from his brokerage account. He also told me he tried to buy Bitcoin from Coinbase, but was not allowed to as Citibank would not transfer the funds to Coinbase! He told me he ended up buying Bitcoin through his significant other’s Robinhood account. WE ARE STILL EARLY. STACK STATS AND HODL! submitted by /u/ReNewableLifestyle [link] [comments]

Apr 5, 2025 - 07:03

I have a casual relationship with a manger of a Citi bank. over the past year, we would talk about different assets for a few minutes in passing. A couple months ago, I started talking about Bitcoin and encouraged him to allocate a bit of his portfolio. I warned him it was very volatile but has a very promising upside. Weeks would go by, and he would show more interest, ask me some questions about Bitcoin. I recommended buying $iBIT (the Bitcoin ETF from BlackRock) because it was similar to what he was used to, buying an ETF in his brokerage account.

Last time I saw him, he told me Citibank would NOT allow him to buy $iBIT from his brokerage account. He also told me he tried to buy Bitcoin from Coinbase, but was not allowed to as Citibank would not transfer the funds to Coinbase!

He told me he ended up buying Bitcoin through his significant other’s Robinhood account.

WE ARE STILL EARLY.

STACK STATS AND HODL!

submitted by /u/ReNewableLifestyle
[link] [comments]