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0x4f3759df | 7 years ago

I expect the money will come from Wall Street once adequate custodial / regulatory framework is in place.

discuss

order

anotheramala|7 years ago

Wall Street wants to trust it's money to miners in China? The whole mining concept is ridiculous, but they have probably done stupider things so it could happen.

JumpCrisscross|7 years ago

> Wall Street wants to trust it's money to miners in China?

No, but it will happily take a commission selling you a Bitcoin or Bitcoin derivative.

0x4f3759df|7 years ago

The latest Trace Mayer podcast is worth a listen: "Wall Street veteran Caitlin Long discusses the sixth network effect of financialization with Wall Street and institutional investors." https://www.bitcoin.kn/

Also Bitmain is basically insolvent.