However, we noticed that the banks and the governments are now getting into the crypto game. There are news that certain banks around the world are opening up for crypto already. And the governments are also accepting yet effectively regulating crypto at the same time, thus controlling it in some significant ways.
Do you guys think that the with the powerful banks and the governments joining in the crypto development, its revolutionary system will somehow get pulled towards the old kind of system we have right now?
I think this is one reason of the downtrend of bitcoin price lately, because sooner there are more government will accept bitcoin and also supported by the banks. It means bitcoin will be a stronger position and now it is good time to dump and collect as much as possible of bitcoin to wait for several 1-2 years for high gaining of the investment by the better supporting things to bitcoin.