Ego Death Capital co-founder: "Institutional behavior" may affect the long-term value of BTC

ChainCatcher news, according to CoinTelegraph, Bitcoin risk fund Ego Death Capital co-founder Preston Pysh stated in a recent podcast interview that the skepticism of Bitcoin early adopters towards institutional trends will not disappear anytime soon.

In his conversation with Natalie Brunell on the Coin Stories podcast, Pysh pointed out that institutional involvement in Bitcoin-related "institutional behaviors," such as Bitcoin derivatives trading, has raised concerns within the Bitcoin community about its long-term impact, leading people to question whether Bitcoin can still serve as a safe-haven asset as it once did.

Pysh emphasized that the core of Bitcoin culture is to question everything and doubt everything, and the way institutions participate will be fundamentally different from individuals, making it difficult for the Bitcoin community to accept.