Bakkt seems ready to take off with a positive acceptance from Big companies. Bakkt aim to bring institutional money to crypto world.
Will this be the gateway to bitcoin adoption and possible Bitcoin ETF approval or this will only make bitcoin more scarier for regular joe to invest and hard to adopt?
I remember when the futures started for Bitcoin. People were excited. When we started, we saw that it was actually not very useful. Bakkt is a business established to earn money. How could that help us? They will use the market to make money.
I guess we still can't develop Blockchain and Bitcoin because we don't understand. The terms Baktt, Nasdaq, SEC, ETF won't give us anything. The most important thing that makes Bitcoin and Blockchain special is that it is
DECENTRALIZATION! Institutions work for their own interests. Decentralized economy is completely on the free market!