Cryptocurrence adoption: Banks, funds and companies are suddenly changing their views on Bitcoin
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How the adoption of cryptocurrencies takes place through large companies, investment funds and traditional banks. Bitcoin gained the most attention when it became clear that Tesla (CEO Elon Musk) had bought Bitcoin for $ 1.5 billion. The price of Bitcoin jumped to almost $ 50,000.
However, investors in cryptocurrencies are optimistic about the increase in the price of BTC. According to the stock-to-flow model, the price of Bitcoin will reach up to $ 100,000 in 2021.
MasterCard has announced that it will receive cryptocurrencies as early as 2021. PayPal already allows its users to perform basic cryptocurrency operations.
In the video, I summarize how individual companies and celebrities are changing their views on Bitcoin and cryptocurrencies. The last few public statements only show that there is a fundamental transformation that will have a significant impact on the traditional financial world .
Selected interesting events
00:00 Cryptocurrency adoption
01:02 Disclaimer: Video is not an investment recommendation. It is used for educational purposes.
02:28 Bitcoin bubble in 2017 and the difference with 2020/2021
03:30 Bitcoin reached almost $ 50,000
03:50 Dominance Bitcoinu
04:40 The Stock-to-Flow model predicts a BTC price of $ 100,000 in 2021
05:14 Nassim Taleb sells / leaves BTC
07:03 Chainlink, Cardano, IOTA
09:43 Greyscale bought Ethereum for $ 93 million.
10:10 Tesla bought Bitcoin for $ 1.5 billion
10:55 Speculation whether Oracle, Apple will buy some bitcoin
11:44 Mastercad will receive cryptocurrencies
12:43 PayPal and his adoption of cryptocurrencies
13:35 Apple Pay implements the ability to pay with crypt cards
14:00 Uber is willing to accept payments in bitcoin and other cryptocurrencies
14:50 Adoption of cryptocurrencies by American banks
15:39 Miami will allow you to pay public employees in the bitcoin
16:13 Deutsche Bank is preparing a platform for institutional investors in cryptocurrencies
18:16 Approval of the first Bitcoin ETF in Canada
19:37 Regulation of cryptocurrencies in India and Nigeria
21:03 Outlook for the next few weeks
22:19 What do you think?
