• The cryptocurrency market presents both challenges and opportunities for institutional investors. Michael notes that security and compliance are the most significant challenges faced by institutional investors looking to invest in the cryptocurrency market. However, the market also presents opportunities for innovation and disruption in traditional financial systems.

• The potential for cryptocurrency to disrupt traditional financial systems is significant. Michael believes that the market is still in its early stages and has significant growth potential. However, he also notes that the market will require more regulation and infrastructure to reach its full potential.