Is 2019 the Year for Institutional Investors in Crypto?

clayrawlings (62)in #bitcoin • 5 years ago

Crypto Exchange.jpg

While 2018 was a disaster for all things crypto when measured by price alone, that is not the entire story. Massive amounts of infrastructure have been under construction, ATM's going up at an exponential rate and now...wait for it... France and the US have pending proposed laws to legalize crypto once and for all. What does this mean? If these laws pass then crypto adoption by mainstream will accelerate. It is almost inevitable. Chase was insanely harsh in its anti Bitcoin rhetoric as exemplified by their CEO Jamie Diamon. It is understandable why they went that way since crypto is an existential risk to their business model. Banks have the advantage of being there first. Crypto has the advantage of being a disruptor. It looks as though the institutions are about to enter this area. HODL everybody.

https://www.ccn.com/bitcoin-in-2019-analysts-see-institutional-investors-wading-into-crypto/

#cryptocurrency #technology #finance #economics

5 years ago in #bitcoin by clayrawlings (62)

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amit1995 (58) 5 years ago

Hope so that institution will come in crypto

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clayrawlings (62) 5 years ago

While I do not claim to have a crystal ball, it seems inevitable.

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verifyme (-1)(1) 5 years ago

@clayrawlings You have received a 100% upvote from @steemconductor because this post did not use any bidbots and you have not used bidbots in the last 30 days!

Upvoting this comment will help keep this service running.

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