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Author Topic: Bitcoin akin to institutional asset classes?  (Read 89 times)
CryptoHaris (OP)
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September 15, 2018, 10:33:33 AM
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Sure. This may sound all rosy for investors who worry about security.

But does Bitcoin need to be like the other official asset classes?

Bitcoin has its own freedom and the SEC and all others who vouch for this should stop pushing it.

Talks about Goldman Sachs looking at a proper trading desk and other news are also around.

All the way in India, the Supreme court is set to decide on the legality of cryptocurrency on 17th September.

The Chicago Board of Options Exchange is also offering forwards for Bitcoin.

Here is an interesting article about all of this- http://fortune.com/2018/09/12/crypto-grow-institutional-asset-class/
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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September 18, 2018, 07:51:03 AM
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Bitcoin does not been to be like the typical official asset classes. It is us who gives emphasis on SEC and to people like Ver and Sachs, and then follow their decisions and put the market in shambles. But it is high time that we take the steering wheel in our own hands.
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