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RE: What Really Caused the Bitcoin Decline?
After a lot of thinking I believe that we don't necessarily need the likes of Goldman. After all the space has grown tremendously without them. Make no mistakes, Goldman doesn't pay games unless the game is in their favour. Any regulations will do exactly that. BTC was designed to escape this kind of power, not embrace it.
Of course institutional will boost the market short term, but what are the implications long term? Probably a situation the mirrors the stock market which is heavily manipulated and controlled by institutions.