Will that surprise crypto owners if the crypto market is run by those guys also? I mean ex wall street traders n investors..... followed n upvoted
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Will that surprise crypto owners if the crypto market is run by those guys also? I mean ex wall street traders n investors..... followed n upvoted
It depends. Most crypto owners are NOT the anarch-capitalists who have an ideological belief Bitcoin etal.. will replace sovereign currencies. No, most owners are simply investors in China, Japan, and South Korea who want to get out of their own currencies, thus it functions as a monetary tool (versus currency).
And THOSE owners will not blink an eye if Wall Street or their own markets use the Blockchain to change market and financial systems.
That what I was thinking as well. When I hear someone from goldman sachs being involved with cryptos I don't like it. I think bitcoin was designed to keep it safe from those guys but there are going to be some shady ICO's out there. I think its important to look whose behind some of these new cryptos. Even if some may be profitable I will stay away out of principal. This is just my opinion and I have only been into this stuff since February. Anyway thanks for reading.
You're welcome. True. I agree with ya