That's the scene that Bitcoin investors and enthusiasts are facing. After years as an underground digital currency and a running joke in the world of finance, Bitcoin is suddenly attracting attention from the people who once called it a scam: the big institutions of finance, who collectively control trillions of dollars.
And it might not even be a matter of "if." It's now just a matter of "when."
“The institutionalization of this space is coming. It’s coming pretty quick,” former hedge fund manager Michael Novogratz said at a recent conference.* Read more...