Initially they put themselves out of the cryptocurrencies and even said that this was a bubble that would burst and that it was not real money.
However, with the passing of the years and the cryptomoeads continuing to grow and being increasingly spoken about, they ended up having to pay attention and start investing in this market because they certainly started to have customers questioning about it and they may even have lost customers due other funds started to invest in this market earlier.
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Sooner or later, all of them who said bad things about cryptocurrencies would have to make their own investments precisely for the reasons you mentioned.
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