According to CoinTelegraph, Preston Pysh, co-founder of bitcoin venture fund Ego Death Capital, said in a recent podcast interview that the skepticism of bitcoin early adopters about the institutionalization trend is not going away anytime soon.
In a conversation with Natalie Brunell of the Coin Stories podcast, Pysh noted that institutional involvement in bitcoin-related "institutionalisation", such as trading in bitcoin derivatives, has raised concerns in the bitcoin community about its long-term impact, raising questions about whether bitcoin can still function as a safe-haven asset as it did in the past.
Pysh emphasizes that the core of bitcoin culture is to doubt everything and question everything, and institutions will participate in a very different way than individuals, which makes it difficult for the bitcoin community to accept.
Ego Death Capital: The core of Bitcoin culture is to question everything, and "institutional behavior" may affect the long-term value of BTC
2025-08-23 03:25:01
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