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RE: Understanding What A Little Money Will Do To Bitcoin

in #bitcoin6 years ago

I recall reading that the 2017 increase in demand and prices was fueled by only $25 billion of new money. Considering that the market got to $800 billion before coming back down, that is still a small amount considering the increase experienced. This time most money is going into infrastructure and companies which will delay the next wave of demand but will also build a strong foundation to build on towards the future. As solutions like custody and user interface improve, adoption can accelerate and much more than $25 billion could come into the market.