RE: Trump Signs Executive Order Establishing Bitcoin and Crypto Reserve Funds - But How Will They Be Funded?
You are viewing a single comment's thread:
I think this was inevitable, but I also can't say I'm tooo excited about it. Meaning that we were supposed to skip the government part altogether, and now people are happy the government is "here to help".
The shift feels... what can I say? Icky...
0
0
0.000
Yes, couldn't agree more. Many welcome this government involvement, and I do also. But there are two sides to these developments, on the one hand greater institutional involvement will lend more legitimacy to crypto and increase adoption from individuals, hopefully leading to vertical price movements.
On the other hand if the cryptosphere becomes too institutionalised and the big biys end up control most of the space then we all go back to square one, as I have spoke about before.
VIP reward: 0.2 Hive