Major asset management firm Vanguard's recent comments on Bitcoin have attracted attention—they called it a speculative digital toy. Is such a judgment really justified? Traditional financial institutions still seem to have not truly understood the essence of Bitcoin and the entire crypto asset ecosystem. From an institutional allocation perspective, this cognitive gap reflects not only differences in opinion but also divergent understandings of the market's future development direction. As more institutional investors enter the market and ETF products become widespread, can these past criticisms still hold water? History is always rewriting old prejudices.
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DancingCandles
· 17h ago
Vanguard says BTC is a toy, so what about their bond portfolio? Same here? LOL
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gas_fee_therapist
· 12-12 23:02
Vanguard's people are really hilarious, still looking at on-chain assets with old people's perspectives. Just wait and see.
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DegenWhisperer
· 12-12 22:55
Established funds say BTC is a toy? Ha, they'll know when they follow the trend and buy the ETF.
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Blockwatcher9000
· 12-12 22:44
Vanguard is still sleeping. It's already 2024 and they're still talking about digital toys...
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YieldWhisperer
· 12-12 22:42
Vanguard, this old-timer, calls BTC a toy? Wait until they're forced to enter the market, then they'll know what being slapped in the face means.
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quietly_staking
· 12-12 22:35
Vanguard says this, indicating they haven't gotten on board yet. When institutions actually enter the market, they'll realize how much "toys" are really worth.
Major asset management firm Vanguard's recent comments on Bitcoin have attracted attention—they called it a speculative digital toy. Is such a judgment really justified? Traditional financial institutions still seem to have not truly understood the essence of Bitcoin and the entire crypto asset ecosystem. From an institutional allocation perspective, this cognitive gap reflects not only differences in opinion but also divergent understandings of the market's future development direction. As more institutional investors enter the market and ETF products become widespread, can these past criticisms still hold water? History is always rewriting old prejudices.