I do not see many institutional investors investing in bitcoin and I do not even see many millionaires investing in bitcoin, I may be wrong, but in my opinion, we are still beginning to conquer some institutional investors and the lack of regulation in many countries and the banishment and block that certain banks do against bitcoin just creating fear in institutional investors and small investors.
“Regulators are not banning the development of cryptocurrencies, but are trying to better regulate the market, which should help the industry mature,” Mr. Lai said. “If the regulatory stance gets clearer, large funds will be more assured and willing to commit significant capital.”
Is another way of seeing things, although I do believe even the countries that are banning bitcoin have hidden agenda
thoughts like these:
“If its an anonymous transaction, that sounds like a suspicious transaction, why does somebody need to be anonymous?”
are a big obstacle for bitcoin