I suppose I'm a bit against the idea of institutional investment in general. I want them out. That's some bias I have. Bitcoin was intended to destroy the existing financial institutions and replace them. I'm a bit bummed that all the craze these days is about which big bank is hopping on the crypto wave.
That line has always been complete bullshit.
Bitcoin is an open payment and value storage network. It's not an army! It's not some revolutionary force coming to take over banks and throw the bankers in the streets. It's a technology, free to use by anyone, including banks. THAT'S the point!
Unlike the current system, which favors the people who with money and power and makes it hard for those that don't already have those things to gain them, Bitcoin doesn't favor anyone, but it doesn't disfavor anyone either. You can't want the institutions out of Bitcoin anymore than you can want anyone else out of Bitcoin. Saying you want some particular group of people out of Bitcoin is saying you want a new closed system that is identical to the old closed system except you just want the power now. You wanting banks out is completely antithetical to the whole idea of Bitcoin. Some people don't seem to understand what an open system is.
I'm always blown away when so-called bitcoiners say shit like this and don't realize they are promoting the exact system they claim to hate but just saying they want to be among the insiders who gets to pick and choose who may participate and profit off the system.