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Big banks do not like Bitcoin and Crypto eating their lunch we know the IMF really hates El Salvador we know World bank really hates El Salvador and now the ECB is also coming out saying we're not a fan of crypto. this is exactly why Crypto was created to go against the banks to provide freedom. personal freedom, financial freedom so you don't have to worry about the banks setting all the rules and policies and making decisions for you and sometimes making very bad decisions and causing inflation and hyperinflation especially with their monetary policics. so of course banks do not like it. they don't like revolution like the rest of us. so they are going to do what they can to spread fud. while the rest of us we ignore it. we continue forward, we continue to DCA (dollar cost average) buy the dips and HODL. and we are attaining financial freedom despite what these guys are claiming....
I have no idea where you get your numbers from? Institutions and Pensions have an extremely small percentage of their assets in Bitcoin and especially, other digital currencies. And what makes you think most retail investors are all in on Bitcoin or other digital currencies? I think most retail investors and traders are underweight crypto currencies. I only have 5% of my portfolio in Bitcoin. And I intend to add to my position when a short term and intermediate term bottom is confirmed.
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