From 1993 to 2009 Bill Gates invested $1B+ into Encarta the online encyclopedia but was eventually crushed by Wikipedia. This should be a lesson for financial institutions trying to understand Bitcoin. Currently BTC is where Wikipedia was in the early 2000`s. Watch out banks.

submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Opinion: It's too early to take another chance on bitcoin or any other cryptocurrency

It's still far from safe to invest in just about any publicly traded cryptocurrency. I still expect more than 95% of the current batch will go to zero and that bitcoin is headed to $ 1,000 or lower. Much of what I outlined in the book I published in December about why, after five years of having owned bitcoin …
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