Sometimes, I can't help but visualize all these "traditional" investors like a group of cavemen standing in front of an animal they've never seen... Will it bite? Is it dangerous? Does it run fast? So much hesitation... but I'm gonna guess that once the green light is there, we're going to suddenly see some FOMO....
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Yep, I think so. Besides the volatility, I think a lot of has to do with regulatory uncertainty. No one wants to buy something that could be banned a few months later...