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Early adopters of Bitcoin remain skeptical about institutional trends, experts interpret the controversy.
[Coin World] According to reports, Preston Pysh, co-founder of the Bitcoin risk fund Ego Death Capital, stated in a recent podcast interview that the skepticism of early Bitcoin adopters towards the trend of institutionalization will not disappear quickly. Pysh pointed out in a conversation with Natalie Brunell on the Coin Stories podcast that institutional participation 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 did in the past. Pysh emphasized that the core of Bitcoin culture is to question everything, and the way institutions participate will be fundamentally different from individuals, making it difficult for the Bitcoin community to accept.