CoinVoice has learned that, according to a report by CoinTelegraph, Preston Pysh, co-founder of the Bitcoin venture capital firm Ego Death Capital, stated in a recent podcast interview that the skepticism of early Bitcoin adopters towards institutional trends will not disappear quickly.
In a conversation with Natalie Brunell on the Coin Stories podcast, Pysh pointed out that institutional participation in Bitcoin-related 'institutional behaviors,' such as Bitcoin derivatives trading, has raised concerns within the Bitcoin community about its long-term implications, leading people to question whether Bitcoin can still serve as a safe-haven asset as it did in the past.
Pysh emphasized that the core of Bitcoin culture is to question everything and to doubt everything, and the way institutions participate will be completely different from individuals, making it difficult for the Bitcoin community to accept.
