Thursday, December 2, 2021

From companies- like JP Morgan, PayPal, Deutsche Bank- denouncing Bitcoin (and crypto) to them openly advocating the use of it (and crypto)- we all grew up.

I remember the times- not too far in the past- when all the big institutions were moving away from Bitcoin, calling it a frauds' game, a bubble, a fad amongst many other things.

The same companies now are advocating the use of this 'asset class' now.

JP Morgan grew up from calling it a bubble to calling it an asset class which deserves atleast a % of our portfolio. They infact held their first ever crypto event this week.

Deutsche Bank- the UK giant- from its stance of calling Bitcoin a volatile stock has now shifted to calling it an important asset which has to be present in your portfolio. They grew up too.

Visa from not working with Bitcoin to enabling transactions in Bitcoins grew up as well.

Similarly, many such companies grew up and many are in the stage of growing up.

And we the users- we all grew up from all this commotion and question surrounding the veracity of crypto to this growing fondness of the same questioners towards crypto.


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