One of the main challenges facing Bitcoin is the overcrowding. Needing that more and more users and investors to enter the crypto market, so that the virtual currency to gain value as a means of transactions, as well as a reserve of value. And in this process, institutional investors play a crucial role. So that is a good news that show a greater interest in BTC.
The need for massive for Bitcoin
When Bitcoin was born from the hand of Satoshi Nakamoto, he did so with the goal of becoming an alternative to fiat money. Allowing people from all over the world used to criptomoneda as a means to save, to purchase goods and services and to make investments.
But after a decade since its launch, Bitcoin has still failed to meet the expectations and become a currency of mass at the global level. The main reason for this lies in the lack of mass criptomoneda.
Therefore, for a currency like Bitcoin really acquire value in the international financial system, the same should be used in the daily transactions of a sufficient number of people. This to can be considered to have an intrinsic value beyond the paper they are printed on or the bits in which is scheduled.
The role of institutional investors
And in this process of massification, institutional investors who manage billions of dollars, play an essential role. Therefore, if they enter the market of cryptocurrencies, it would send positive signals to the rest of investors in the world. Those who would begin to see in the crypto assets an investment more attractive.
Institutional investors have shown interest in Bitcoin, thanks to Grayscale
However, this is a sector that has been kept out of the crypto market, at least until now. And is that this is changing, thanks to the entry of a company like Grayscale. Which allows institutional investors show interest in Bitcoin. Purchased without having to worry about buying them or store them directly, by performing Grayscale that process for them.
In this way, every day there are more institutional investors who acquire Bitcoin through Grayscale, following this scheme. Thanks to which, the investment firm would be claiming up to 150% of the daily emission of Bitcoin. What makes this our Fact of the Day today here in CriptoTendencia.