Replying to Avatar HoloKat

Am I incorrect in believing that lack of institutional access to bitcoin is actually good for bitcoin?

In 2017 we had a massive run up and that was all retail investor driven.

Institutions sound good on paper but seem to only perpetuate paper bitcoin IOUs.

Yes/no?
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Doug Brown 2y ago

Perpetuate paper IOUs and play games with bid/sell walls, spoofing and every other trick out there that retail can’t. At worst it would be more stable.

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