The more attention Bitcoin receives from Wall Street, the worse of an investment it appears to be on Main Street.
Bitcoin also offers investors the benefit of scarcity as only a finite number of Bitcoin will ever be created.
This scarcity rationale was a perfect counterpoint to the lack of fiscal discipline by our government.
The fact that more institutional investors are becoming attracted to investors is like when parents started to go on Facebook .
Despite its recent drop, Bitcoin is still up about 94% for the year at the time of this writing.
But institutional interest is relatively new.
However, if you’re concerned about this, then you shouldn’t be investing in the cryptocurrency.
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