{"id":156486,"date":"2021-01-17T11:07:00","date_gmt":"2021-01-17T08:07:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/institutional-investors-wont-take-bitcoin-mainstream-you-will\/"},"modified":"2021-01-17T11:07:00","modified_gmt":"2021-01-17T08:07:00","slug":"institutional-investors-wont-take-bitcoin-mainstream-you-will","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/institutional-investors-wont-take-bitcoin-mainstream-you-will\/","title":{"rendered":"# Institutional investors won&#8217;t take Bitcoin mainstream \u2014 You will"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39b7169fb01\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39b7169fb01\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/institutional-investors-wont-take-bitcoin-mainstream-you-will\/#Online_purchases\" >Online purchases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/institutional-investors-wont-take-bitcoin-mainstream-you-will\/#Cross-border_transactions_and_travel\" >Cross-border transactions and travel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/institutional-investors-wont-take-bitcoin-mainstream-you-will\/#Bitcoin_ATMs\" >Bitcoin ATMs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/institutional-investors-wont-take-bitcoin-mainstream-you-will\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Institutional investors won&#8217;t take Bitcoin mainstream \u2014 You will <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMGI5Y2UyMTMtOGQwZi00YmY4LWEzNTEtMjJmMTliMTk1Yzg2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly. From setting new all-time highs to making various <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> rounds and capturing mainstream finance\u2019s attention, the pandemic year was exciting for cryptocurrency enthusiasts and believers.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer<\/em><\/strong><\/p>\n<p>One conversation that perhaps stands out amid the buzz is institutional investors\u2019 increasing activity in crypto. Companies, financial advisers and institutions that mocked Bitcoin five years ago, or during the Silk Road saga, are now at the forefront of crypto investments. Notable big guns in finance such as JPMorgan and Goldman Sachs have reneged on their previous stances and are now willing to make a bet on the future of digital currencies. With a market capitalization of over $600 billion, Bitcoin is quickly rising ahead of gold as a popular choice of hedge over inflation.<\/p>\n<p>Remember, Bitcoin was not just another asset proposed as a hedge against inflation in Satoshi\u2019s original Bitcoins white paper. However, Bitcoin\u2019s whole idea stemmed from the failed financial institutions and third parties and a possible solution that would be effective in everyday life.<\/p>\n<p>Of course, with every institutional investor and the big guns of finance swinging into Bitcoin investment, Bitcoin\u2019s popularization as an asset has become inevitable. However, here are some of the ideal, real-world <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications that could challenge failing fiat currencies and propel Bitcoin into the mainstream.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Online_purchases\"><\/span>Online purchases<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the past, Bitcoin was mostly perceived as a means to bypass the government and engage in illegal activities. However, crypto adoption has continued to soar tremendously, and many more companies are now open to accepting Bitcoin or some other cryptocurrencies as payment for goods or services.<\/p>\n<p>In 2014, using BitPay as its payment processor, Microsoft became one of the first tech companies to accept Bitcoin to purchase digital goods. In October 2020, the popular American payments company PayPal announced that it would enable cryptocurrency as a funding source for purchases in 2021. With different fiat payment merchants now recognizing Bitcoin, there\u2019s an increasing likelihood that Bitcoin will be used by everyone soon enough in every corner of the world.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Will PayPal\u2019s crypto integration bring crypto to the masses? Experts answer<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cross-border_transactions_and_travel\"><\/span>Cross-border transactions and travel<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If there\u2019s any lesson learned from last year and throughout the ravaging global pandemic, it is the ever-increasing need for digitization. While there are several ways to send and receive money globally, cryptocurrencies are quickly becoming a preferred option. Besides the fact that cryptocurrency is a global currency, factors including speed, convenience and lower transaction fees are pushing Bitcoin as the popular option for cross-border transactions.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>How has the COVID-19 pandemic affected the crypto space? Experts answer<\/em><\/strong><\/p>\n<p>Many countries that once outlawed Bitcoin are now open to it, and the mainstream <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> has been more than receptive in the past couple of months. Some companies already provide <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a> packages that allow tourists and travelers to book flights, hotels and transportation using cryptocurrency. With time, the foreign exchange market\u2019s many disadvantages may popularize traveling with crypto ahead of local or fiat currencies.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_ATMs\"><\/span>Bitcoin ATMs <span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In all fairness, the goal has never been to phase out local currencies but to create a world where Bitcoin is as relevant as any fiat currency. Bitcoin ATMs are, without a doubt, a huge part of this goal. They essentially allow anyone to purchase Bitcoin with a credit card; with some Bitcoin ATMs, you can also sell Bitcoin for cash. <\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinatmradar.com\/\">number<\/a> of Bitcoin ATMs worldwide is more than 13,000 in 71 countries. While there\u2019s a long way to go with these ATMs, there has been an increasing trend every year with an average of one ATM now being added every hour. Without a doubt, Bitcoin ATMs are a big part of the crypto revolution, and they\u2019re only going to get better in operation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While cryptocurrencies are quickly becoming part of our digitized world, the underlying blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> has also played a crucial role in revolutionizing many industries. Supply chains, healthcare, and the food and auto industries have benefitted immensely from this revolution over the past 10 years.<\/p>\n<p class=\"post-content__disclaimer\"><em>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/em><\/p>\n<p class=\"post-content__disclaimer\"><em>The views, thoughts and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<div>\n<div style=\"background: rgb(239, 239, 239); border: 1px solid rgb(204, 204, 204); padding: 10px;\"><strong>Andrey Sergeenkov<\/strong> is an independent researcher, analyst and writer in the cryptocurrency niche. As a firm supporter of blockchain technology and a decentralized world, he believes that the world craves such decentralization in government, society and businesses.<\/div>\n<\/div>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/institutional-investors-won-t-take-bitcoin-mainstream-you-will\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Institutional investors won&#8217;t take Bitcoin mainstream \u2014 You will &#8221; Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly. From setting new all-time highs to making various news rounds and capturing mainstream finance\u2019s attention, the pandemic year was exciting&#8230;<\/p>\n","protected":false},"author":1,"featured_media":156487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/0b9ce213-8d0f-4bf8-a351-22f19b195c86.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,74863,74355,70610,73711,65078,4965],"class_list":["post-156486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-adoption","tag-finance","tag-investments","tag-mainstream","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/156486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=156486"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/156486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/156487"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=156486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=156486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=156486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}