Great news, reputable investment company trust in bitcoin? It will bolster faith in bitcoin among non-believers.
When we consider short bitcoin history, if the coin will remain on the same path, then suddenly BTC becomes the best retirement fund you can imagine.
I am a bit confused though, so Fidelity Investments incorporated Bitcoin into theirs investments plans too?
A large institution with thousands of customers adopting bitcoin will definitely instill a lot of faith in bitcoin and attract customers to invest in bitcoin. Next step would be an Bitcoin ETF and the millennial generation will actually be able to retire on bitcoin
Bitcoin ETF is a different subject matter. But I agree, that this moved by Fidelity is one step closer to mass adoption. If Fidelity will incorporate bitcoin in their investment plan, then their customer will learn about what bitcoin is. Then word about bitcoin will spread far.
