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First of all this is investment advice rather than being anything tech related. Secondly it's not even remotely accurate on all 3 of its points. 1. Hedge funds
by revel 6y ago
First of all this is investment advice rather than being anything tech related. Secondly it's not even remotely accurate on all 3 of its points.
1. Hedge funds were active investors in 2017.
2. Retail investors are not the primary drivers of this rally, and holding doesn't drive up prices anyway.
3. The US dollar has not collapsed.
The big shift that's taken place is that custody banks now have a path towards SEC approval. Nothing with a retirement assets could touch crypto because of custody restrictions based on ERISA. This rule announcement changed the entire sector.
- donclark 6y ago> The big shift that's taken place is that custody banks now have a path towards SEC approval. Nothing with a retirement assets could touch crypto because of custody restrictions based on ERISA. This rule announcement changed the entire sector. Can you go into more detail about explaining this please?