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Institution: Bitcoin still has some way to go before it is widely adopted
Odaily News Matt Britzman, an analyst at Hargreaves Lansdown, said that after Bitcoins recent surge to an all-time high, Bitcoin still has a long way to go before it is widely adopted. He said the key risk is volatility. Until trading becomes more stable, its use as a mainstream means of storing wealth will always be questioned. In addition, cryptocurrencies as risky assets may also face pressure from geopolitical conflicts. Other risks include the possibility that large holders of Bitcoin (known as Bitcoin whales) will sell their assets, as well as regulatory uncertainty. (Jinshi)
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