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@CryptominerGMI
stacking since: #142754longest cowboy streak: 11
0 sats \ 0 replies \ @CryptominerGMI OP 7 Nov 2023 \ parent \ on: How Bitcoin’s Next Rally Could Carry It Past $40,000 bitcoin
Whoops, apologies.
This is a ways off IMO for the masses. Most people aren’t going to learn and deal with all the hurdles that anyone, regardless of their involvement or competence in any cryptocurrency, will not put in that effort, time, etc.
Until many of these crypto specific activities are invisible, meaning the friction has been removed and the user doesn’t even realize they are using a wallet for example, mass adoption won’t occur.
That all said, we share the same perspective on how important that solution is. Massive opportunity for someone to solve it!
Bitcoin ETF approved and live, allowing billions of capital from TradFi institutions to enter the ecosystem.
Institutions 100%.
The beginning of the most recent episode of the Empire podcast talks about how eager tradfi instituinal $$$ are to jump into the pending BTC ETF. Link: https://www.youtube.com/watch?v=vGcZSw_-EG0