Yes i'm not sure if Michael Saylor $500 million investment means bitcoin has to go up in value. I mean just last week everyone was saying btc headed for 20k and 50k. Seems to be headed the wrong way and with fatf wouldn't shock me to see a bitcoin as low as about $8k in 2021.
Anyone buying into btc right now just to get a 100% return the value would have to go to about $30k plus. Ideas kyc and aml will be things the crypto space has to get accustomed to. Projects on Hive like bitcoin myk already has over 6700 kyc accounts with nearly 14,000 over exchanges. As well as, being closer to compliance regulation will probably in it's freemium model follow along a growth and value rate like facebook with a potential to reach nearly a trillion in value and billions in users.
I think this only marks now a new chapter in crypto. Where actual use and utility will matter. As most projects not government compliant or not needed to be used won't be. Projects that are too niche probably will have trouble as well. So think we're moving into a different landscape. I think btc will continue to be in a sense manipulated.
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