Thread by @CryptoJeromeFR

While everyone is waiting for Insitutional Money to come and save #Bitcoin and the crypto market, I'm a little bit more skeptical

👇👇👇👇 Thread Below or video format on YouTube :

1/n Institutional money and wall street money doesn't have the #crypto mindset. Remember that crypto was designed by the people, for the people. My anticipation is that the big money will come in, try to participate in this ecosystem, but will somewhat fail to innovate

2/n The reason is that Wall Street doesn't have the Crypto mindset (yet). The products they will design will we built with the old traditional finance mentality, instead of putting the community and holders at the center stage. They will get outcompeted by other products.

3/n In addition to that, It will create a more competitive space for retails investors to thrive. The more sophisticated players joins, the harder its going to become to find and capture Alpha for normal people.

4/n Insitutions have huge ressources and will build teams and hire specialists to make abitrage, find great market opportunities. So those players will come in and suck out some of the opportunities that retail investors currently have.

5/n Crypto VCs are already changing the game for newer projects. Seed rounds are virtually impossible to access unless you have huge capital/track record/network. More Institutional money will make it even more competitive for smaller holders"

6/n It will bring more regulation, and faster regulation. Whenever there is huge money involved, regulation has to step in to try to oversight financial activities. And if there's one thing that governments want to regulate, its the movement of money.

7/n Remember that controlling money means controlling people. We've had a relatively soft regulation over the past decade, but Insitutional money coming in will definitely bring more eyes into the crypto ecosystem.

8/n To me, if we had one thing that should help bitcoin; is people like you and me, not the big banks. The big insitutional money is not what's going to push the space forward any in terms of innovation.

9/n People with the right culture, that understand the importance of having fair systems, because they have suffered silently for decades, will be the ones that do.

10/n What we think will the saviour of the next bull market, is just another player in the system. While its going to change the dynamics, It shouldn't the philosophy.

11/n As users of future protocols, we have to remember ourselves that the values that bounded us in the first, are more important than anything else. So in a sense, cryptocurrencies are something we have to cherish and encourage to grow, at our own scale.

12/n Wether it is talking about it around you, helping to onboard someone or protecting the philosophy by chosing what use, all those little things do matter.

13/n You and I, are the real saviours of #Bitcoin & Crypto, not the big banks.

END/ I made a Video on Youtube about this topic :

Can Institutional Money SAVE BITCOIN ? What it means for Retail Investors.



Thanks in advance for reading/watching :)