It's easy to have a negative outlook on the future of Bitcoin, cryptocurrency and blockchain technology, as the prices continue to move downwards/sideways. However, I think there are a number of reasons to be fairly optimistic about the future of this industry, thanks to the work being done by major companies entering crypto. Let's talk about why I think the entrance of companies like Fidelity, JPMorgan Chase, Bakkt and more, into the world of Bitcoin, crypto and blockchain are a reason to be positive about the future outlook of this industry.
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
These companies don’t out money into anything without expecting a return so I imagine this just to be the beginning of what they will do to help the adoption of the technology through the platforms they create.
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