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RE: Bakkt Will Not Cause the Next Bitcoin Bull Run. It Will Do Far More Than That
I like your breakdown. I also think its more about making bitcoin and cryptocurrency a household name rather than a quick pump. Having big players and trusted names involved will go along way down the road, but not really interested in the quick volatile movements, that's not what we want, we want steady upward growth.
Yes Wall Street wants to make money, they need this bull run to last a long time, not flame out. Not suggesting there’s massive manipulation like some, just agreeing with you that it’s all about making it seem like a legit asset, something everybody should have, so they can sell investment products around crypto. This is what they’re trying to do. I know this for certain - it’s all about credibility. Money comes later.
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