The crypto world celebrates the landing of the institutional side. What is the reason for this?

One of the consequences of the pandemic seems to have been to ostracize the cryptosystems. Not only are ordinary users becoming increasingly interested in this world, but also banks, investment funds, life-long finance companies and multinationals such as PayPal are opening up to digital currencies as another alternative to fiat money, with a particular predilection for bitcoin.

The idea of the central banks “machine” issuing piece-rate money to cover the tremendous expenses derived from the pandemic, with the consequent risk of inflation, is beginning to take hold in society. The fact that during the confinement, customers were not allowed access to bank offices also brought back memories of many ‘the Argentinean corralito’ and the provisional ‘kidnapping’ of their accounts. Long stays at home were also added to the mix. While some were given to cooking, others chose to kill time by doing a little research on the bitcoin, halving and cryptomoney thing that friends were starting to recommend in the whatsapp group because the £20 they had put into Coinbase had doubled in a few weeks without doing anything.

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