So it's looking like fidelity is attempting to open up a bitcoin only fund. No altcoins.
Also grayscale is all btc and eth with almost no interest in the other coins.
My question is what happens when all these huge financial industries embrace BTC? They are only interested in btc and they will become ruthless in their attempts to destroy all the competition. Wall street is fierce and once they get involved their fierceness will want to eradicate any kind of competition.
Also once wall street gets involved in bitcoin they will do whatever it takes to make sure it succeeds.
No investment firm is even looking at or considering BCH.
Wall street used to see BTC as the competition and wanted to suppress it but once they get on board they will see altcoins as competition and will want to destroy them.
I can't see how any altcoin could survive something like this?
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from Bitcoin - The Internet of Money https://ift.tt/34AEKKf
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