Cryptocurrencies and Skeptical Perspectives

in #micro4 years ago

We have been living the most fascinating in terms of corporate initiatives for a long time. While adding more Bitcoin to Micro Strategy portfolio; The "Ether Fund" has been approved in Canada and Fidelity holds Bitcoin as a collateral guarantee, not following the price news. In just a few weeks, extraordinary insights have been gained to see a crazy bull run, but there is no overly exaggeration starting right now.

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While I am confident about almost every single one of these initiatives by foundations, the second phase I expect mass adoption is likewise we have a few crypto influencers / enthusiasts who are skeptical about part of the institutional investment establishment. .

There are both institutional and general concerns raised by individuals to clarify or predict the tension over Bitcoin's cost.

Main Scenario: Foundations will have a negative impact
The inclusion of certain organizations such as Fidelity, DBS and Paypal (who once had a negative view of cryptocurrencies) is currently determining their status in the crypto environment. Additionally, their depleted effects are relied upon to be reversed to the extent that I have noticed.

Next Scenario: Crypto market will be overwhelmed by foundations
This association of investors turned the situation precisely into controversial circumstances due to the possibility of the crypto market eventually defeating the financial exchange, which was a place of these foundations (although it is unimaginable to wait to prevent anyone from purchasing digital assets 😅)

Third Scenario: Positive news on ATH implies that they are leaving us
As institutions approach the All-Time High, they are throwing assets like BTC at us from the top. Although these perspectives may seem miserable, there is a logic behind them.

Also, Retail finance experts are not happy with the uncertainty.