There will be a few more companies put their foot in the bitcoin pool and Michael laid out the road map very well. I see these things going in cycles the new now is Microstrategy and there will be more, this will dry up liquidity and push the price up. These companies are doing this as risk on for the dollar, but I think the next cycle is a group that is in desperate need to raise capital, retirement funds. There has been a lot of buzz in the crypto circles about this and when they see the yoy returns they too will put those 1-10 % foots in the pool. Then there is no turning back because at that time retail will move in as the price will dominate the news.
The questions is what pushes bitcoin above 1m? I'm thinking governments and that is when the fun begins.
I am already in a paradigm where bitcoin is 500k ;) Now if I could have the same faith in hive.
Cheers
RE: The Microstrategy news just gave Bitcoin even more staying power than it had before...