Dear @solarwarrior
Thanks for sharing this link with me and for publishing within our Project.hope community. I've reposted it already and shared with few more friends.
It's becoming very obvious that more institutional money will be flowing into crypto-space. The only question is: when will it happen? Since I'm interested with crypoto (2017) I've been hearing it every single year. I already come to belief, that there is no other way around - but it may still take years to come, since this process seem to be so slow.
Either way, it's hard not to be bullish and I also cannot imagine scenario, where bitcoin wouldn't reach 100k usd within upcoming 2 years. I think we're destined to get there. Especially if we take into consideration, that media are picking on Bitcoin (Since it crossed 20k ATH level) and apparently every mined bitcoin is being purchased by few "giants". So on one hand we're going to witness rapidly increasing demand, and I forsee even less people willing to sell their holdings.
Question is: how central banks, politicians and regulators will react when they will focus their evil eyes on Bitcoin again? I'm concerned about it a little bit. However, part of me believe that there isn't much they can do any more. They have lost so much of their power and credibility during covid crisis and with all that "funny money" being printed into economy -> it will be difficult for them to do anything to stop money flow to crypto.
Have a great monday ahead,
Yours, Piotr
Ia actually believe that even institutions do not care too much about what regulators and central banks are saying about crypto... many institutional investors are shocked by the actions central banks and politicians did commit over the last 9 months.. so some bold statements from politicians and central banks might bring short term volatility... but at the end more and more people take the promises and properties of crypto as one of those things that help you to amend the threat of the devaluation of your savings