Each and every day it seems that we are hearing about more companies that are moving to the acceptance of cryptocurrencies for payment. Even governments and now banks are throwing their hats into the arena. I have been voicing my curiosity lately about how these companies will beal with the volatility of the market and deal with potential dips that cost them millions of dollars.I think it is now becoming more and more clear as we see banks and governments get involved that they know one thing. BITCOIN is king. These banks are all about risk analysis and are in no way willing to jump into something without being sure they will be profitable. I think that based on their analysis they have come the same realization as many of us have. There is no where for bitcoin to go but up in the long run. They see $$$$ by getting involved in this. My only question now is: What do they have planned for the Bitcoin once they have it? Will they be hodlers? If so how long until banks and government have acquired the majority that is out there? Wh know that there will only ever be a set amount of Bitcoin and if Banks and governments become the whales then what does that mean for the value and for the market as a whole? Supply and Demand... Keep your eyes open.
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