Is Bakkt the Future of Bitcoin and cryptoworld?

[Beerwizzard]

Bakkt will only affect the price of bitcoin. At the current moment price is speculative and bakkt will not change it (tbh it is not even aiming to do so). No one will care about the entire ctyptoworld if you won't be able to use it. Price doesn't matter anything without adoption of crypto payments.

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[PlusOne88]

It's a big possibility. Changes are made to make things better and if this makes it better then the possibility of people coming in could be great. Of course we must see the physical economy as well so that we can really have a thorough analysis on the possible success of this new development. It is because the physical economy affects much of the movements of the digital currency.

[qualitywork]

Not at all, people are spreading FUD's and I guess its a kind of marketing of BAKKT. I am sure bakkt launch will not Impact BTC in any aspect as it has faced many to them like this. Bitcoin is moving towards development and not focusing about any launches.

[Crypdon]

Bakkt will not make it scarier for newbies to adopt, but will make it more expensive as an entry point. As institutional money flows in, prices for crypto will rise

[Herbert2020]

people who say it is, are clearly forgetting that things such as Bakkt are very centralized and  they are the exact thing that we have been trying to avoid when we created bitcoin. in other words they are unnecessary services that will exist and the number of them will only grow as bitcoin itself grows bigger and bigger every day. but they are not the future. the future of bitcoin is (as it always has been) more decentralization and less government or any other centralized entity's involvement.

[Kakmakr]

Bakkt is a eagle with clipped wings. The US government <SEC> made sure that it will not be able to fly soon, because they know that they will not be able to control it. Institutional capital injection into Bitcoin sounds like a good idea now, but do you really want institutional capital dominating and manipulating the Bitcoin price?

I would much rather see natural adoption and equal distribution of coins and not some fat cats from Wall street, dominating everything with their fiat power. 

[Daltonik]

There has not been any news here for a long time, I will add the last one: Bakkt, in partnership with Sutton Bank, has launched a virtual Visa debit card. Its holders can pay for purchases using bitcoin, without waiting for the conversion of cryptocurrency into fiat.

[Daltonik]

Bakkt has agreed with Google to add a virtual debit card to the Google Pay payment system. The card is suitable for paying for purchases in online and offline stores with Google Pay support, the agreement also implies the use of Bakkt Google Cloud services. https://www.businesswire.com/news/home/20211008005265/en/