I definitely think that the institutions are going to be a lot more careful than many of us were back in even 2017. We have already seen that they are tending to be very meticulous about the things that they invest in. Even Grayscale was almost solely BTC until just recently they have filed but only tested a couple of the alt markets. At least that is the way I understand it.
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At least they are very transparent about their holdings. There's no cheating on the Blockchain anyway.
Will be interesting to see how Sharks will behave after further crypto adoption has taken place. We shall never underestimate WallStreet, they have some brilliant minds there.
cheers !BEER
Yes, those are great points! I am sure if there is a way to subvert things, they will find it. Hopefully it won't be easy for them! I doubt the community would allow it!
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That's a very good question, will we and what will it look like.
A professional trader is like a Whale by Delegation and Free Lending, wouldn't you agree? His job or 'faculty of work' would be to increase the wealth of others, his benefactors. By doing that the broker/Pro-Trader can create a fair or even great profit for himself as well.
So a smart Pro-Trader will always be of use to a system that supports his skill and greed. The difference is, this time around WE the people are the BANK, because by the power of ourselves (our keys) and BlockChain FiNTech/DeFi we can employ the professional trader directly ourselves. In some way, we already do that with 'Curators'.
I never fully trusted Curators btw, even if some of them do a good job. It's just too easy to play the system in favour of your buddies or alt accounts.
I'd rather delegate to a professional Bullshark than to a curator pool full of Lemonsharks.
I think there is something to be said for supporting the people you have "grown up with" on the blockchain. As long as they are consistently putting out good quality content, you shouldn't be ashamed of upvoting the same people all the time. It is whether or not you spread your vote past that organic circle that has formed that makes a difference.
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Jack Dorsey is already on it! lol
They've declared with a number of big backers that they're running tests to improve Bitcoin.
These guys want centralization. How will it turn out you think?
AI Brute force attacks on weakpoints will likely begin happening sometime this year.
Further on, we should keep an eye on microchip shortages as this will cause mining costs to skyrocket or become impossible. Chips need replaced. If Nvidia bows out or the like, to pressure from military - and the more China siphons off to itself the remaining production capacity.... Mining could cause everything to stand at a halt.
Especially, consider: if BTC adoption hits 4B wallets.
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