Stashing a large junk of the supply in wall street vaults - effectively reducing the circulating supply - is many things but certainly not mass adoption. If that were true we wouldn't be at 60k. Less supply = higher value. not the other way around.
Yes Bitcoin is for everyone but we've obviously sold too much of the supply too fast to the wrong people.
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Stashing large chunks with strong hands (institutions, corps) who aren't dumping is textbook bullish - it tightens supply and brings legitimacy, ETFs, and new capital. That's exactly why we're at $60k+ instead of $20k.
Calling it 'selling to the "wrong people" is just purity cope. Bitcoin is for everyone, not just the self-appointed guardians who decide who's "right". No one forced institutions to buy - the market voted.