This is going to be very interesting. Fidelity, to me, has always carried a certain trustworthiness and weight, so carefully building this bridge between traditional assets will be interesting to watch.
This is going to open the floodgates to investors who trust the Fidelity brand name. It’s going to be huge.
Zonekidd4024 - 5 years account age. 250 - 500 comment karma.8 months ago
They're releasing the product in early 2019. Also BAKT should be releasing their custody solution around then as well. I'm feeling that 2019 is going to be the return of crypto. I'm confident that by the end of 2019 we will see a $1000+ ETH again. #herecomestheherd
rando14071 - 2 years account age. 200 - 1000 comment karma.8 months ago
Why does it have to be a wave? Institutional investors will gradually enter over the next few years. And as with any new tech, there will be hiccups, and a constant feedback loop to correct those hiccups leading to a more polished, regulated environment eventually. Nothing happens overnight.
"Ether tokens are a cryptocurrency created within the Ethereum network and, like bitcoins, are tradeable digital assets. Unlike Bitcoin, the focus of Ether tokens is not as a store of value or payment system, but rather as a system for creating and paying for the execution of "smart contract" logic."
Groan. Simply not true. Looks like the Bitcoin PR machine is still working. ETH is also a store of value and a payment system. However, those are just features of a much more ambitious system.
Pointguard149 months old | CC: 44 karma SC: 373 karma8 months ago