Now we know what Bitcoin needs to do before it can become more widely adopted by institutions, but we must also consider what these institutions need to do too.
What must Bitcoin do?
Well it’s simple, Bitcoin needs to find balance, a steady price and see consistent regulation (adoption). Institutions will need to make changes too. Aside from the obvious ones – adoption of Bitcoin wallets, access to Bitcoin technologies, computers, ATMs etc, they also need to be able to deal with the cultural aspects of Bitcoin, in terms of investment and of course, potential volatility.