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RE: Crypto Becoming Part Of Mainstream Finance

in LeoFinance4 years ago

.5%-1% of their reserves into cryptoassets

I definitely agree. Their total balance sheet is probably in the hundreds of billions or trillions. Just 1% of that would be able to boost the size of the crypto market by quite a bit.

speculation about entirely new industries forming, only to find the hype die down when the results do not match up

I know the feeling since some of these new companies don't even have a prototype and its hard to tell if the numbers are correct. I think PLUG was revising their numbers back from 2017 or 2018. So they definitely fudged their numbers to impress their investors.

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