Post
Topic
Board Economics
Re: Is institutional capital good or bad for Bitcoin?
by
hispout
on 12/07/2019, 09:46:35 UTC
The debate is still on-going if large investments from institutional firms, would be good or bad for Bitcoin in the long run. Some are saying it will bring more volatility and others are just happy that the price will probably go to the Moon.

There are also conspiracy theories doing the rounds that these institutions will use their financial powers to destroy Bitcoin.

Some are even saying that the small fish will be eaten by the big sharks. Let's consider the impact of this and how this will change the Bitcoin scene.

Will Bitcoin go 100% commodity & store of value or will it still be used as a currency? 


I don’t really know this for sure, but there are lots of people that keeps saying they wish for institutions to start investing their money in Bitcoin because they believe that institution money is going to help the price of Bitcoin to go higher. But one thing you should also know is that all these people that are saying all these are just saying for their personal purpose. They all just want institutions to invest their money in cryptocurrency because they believe that it is going to make the price of cryptocurrency to increase and they will use that opportunity to make lots of money.