Is 2019 the Year for Institutional Investors in Crypto?

in #bitcoin6 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/

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Hope so that institution will come in crypto

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

I am so getting my drinks out for this one, if it happens in 2019...Cheers!

I am right there with you. HODL everybody!

 6 years ago  Reveal Comment