But now we are seeing all kinds of businesses get into bitcoin as well. If this continues all across the world, they may even accept bitcoin for payment. This could be the key to mass adoption of bitcoin. Which businesses do you think could be the next to invest in bitcoin?
Since Trump started the trend of strategic investment on bitcoin. It seems many companies will follow through. This is good in my opinion, as long as these companies are ready for its volatility since its not that easy to accept when things go down and maybe these companies will panic sell once they saw it turning red. But mass adoption related its good imo.
Now many have started to look at it after many countries have started trying to invest in bitcoin, especially Trump who continues to tout Bitcoin as a strategic reserve asset.
I think every company has a financial advisor, when there is high volatility then they will not panic, let alone sell it, because they are mature about what they are doing, they may also be ready for all the risks that may occur.