If recent noises coming out of Wall Street are anything to go by, it looks like 2019 is shaping up to be the year of the institutions for Bitcoin and cryptocurrency. However, the arrival of the institutions as they stampede over that hill represents a double-edged sword. On the one hand, prices will almost certainly pump in the short to medium term, even if just by association alone. On the other hand, we appear to be in the process of welcoming into our beds the very enemy that cryptocurrency was set up to defeat – the old, deep-rooted bloodlines of
The post Sleeping with the Enemy: Why Institutional Adoption is Bad for Bitcoin appeared first on CCN
source https://www.ccn.com/sleeping-with-the-enemy-why-institutional-adoption-is-bad-for-bitcoin
READ MORE http://bit.ly/2O7YH0E
from Cryptocurrency News https://ift.tt/2W6RmRP
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!
No comments:
Post a Comment