Is Wall Street Breaking Up With Crypto?

in dtube •  6 years ago 


Bitcoin and Wall Street breaking up already? Bloomberg seems to think so. Just what is happening with crypto and Wall Street?

Sources
https://www.bloomberg.com/amp/news/articles/2018-12-23/wall-street-quietly-shelves-its-bitcoin-dreams?__twitter_impression=true
https://www.coindesk.com/launch-of-bakkt-bitcoin-futures-market-may-get-postponed-again

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I don't think it will be "years upon years" before we see massive changes in the crypto field. I think we are looking somewhere between 3 at minimum and 6 years at the latest at which time, banks are seriously threatened. The most change will all be past tense by 2030.

Yes, true, that feels like an eternity in crypto time, but real world time, just around the corner


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Great content... I’m a fan of the big picture (perhaps bc I lack the horsepower to master the details)

I think a few points are relevant:

  • simply bc of the potential, the wall-streeters WILL be part of the future of crypto... they’re mostly conservative, but not entirely risk/averse... right?
  • but... the rest of us CAN have a seat at the table... (due to: early adoption - most of us watching this have little invested/not much to lose, younger folk - mostly millennials... more comfortable with decentralization... in fact... the large millennial population will drive the success of crypto... as they assume the reigns from the older generation.... even the saltiest dogs retire, expire or burn out.

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Yes, it will be a big chance for the current and next generation of investors

great show, and love the shirt. if there's money to be made, wall street will be there right, making money is their game. I'm not that up-to-speed with who's said what, but isn't it just the game for them to be seen to be getting out...i don't trust a word in press about what wall street's plans actually are, like they're gonna just put their plans on the table. ever?!
long live the blockchain!

Yeah, one thing we can be sure of is that Wall Street cannot be trusted

Yeah, one thing we can
Be sure of is that Wall Street
Cannot be trusted

                 - larksongbird


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