Also lol@ institutional speculative asset.
Institutions hated BTC for the last 15 years, they don’t love bitcoin - they were forced to capitulate because the writing is on the wall. Bitcoin haters...
Institutions were supposed to be the last adopters.
Bitcoin got the seal of approval from the government simply because Chainanalysis, and other entities can reliably track most, if not all transactions on the blockchain, and even lightning.
While, I understand Bitcoin transparency was as a means to verify supply, there have been new methods to cryptographically verify supply while keeping transactions private.
And even Satoshi discussed privacy implementations but weren’t added by default yet.
Bitcoin got the seal of approval from the government simply because Chainanalysis, and other entities can reliably track most, if not all transactions on the blockchain, and even lightning.
While, I understand Bitcoin transparency was as a means to verify supply, there have been new methods to cryptographically verify supply while keeping transactions private.
And even Satoshi discussed privacy implementations but weren’t added by default yet.
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