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Yes. If in the space long enough, this is a mainstream indicator of institutional adoption, paired with the inst trading volumes already there. Suggesting eith
by dogman144 3y ago
Yes. If in the space long enough, this is a mainstream indicator of institutional adoption, paired with the inst trading volumes already there.
Suggesting either could happen would get someone laughed out a room really not too long ago.
If you were around for $3k btc, those intervening years saw:
* first national current adoption (ES)
* futures contracts from CME
* institutional trading volumes CEXs and DeFi
* first rounds of crypto being able to pull FAANG-types for jobs
* countries approving it for contracts (Argentina)
* looks like an imminent ETF
* funding UKR war efforts faster than US govt could manage - $50m overnight iirc
* arms deals via aforementioned funding
A lot has happened! Bodes well