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Old 23.11.2020, 10:50
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Re: Mass adoption crypto

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Most of the rise is not additional investment, it's the change in price. The assets under custody........
Exactly - this is what financial institutions post on their advertising websites if it looks good...

Internally they use net new money (i.e. new investments) which is a much more sensible measure.

If Bitcoin were being consistent and really thought BTC was a new currency, they'd admit this is all basically due to FX movement (change in value vs dollar). Which taking it a step further makes their USD costs go up, USD revenue go down, and not on the whole a good thing.
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