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RE: Hedge Funds are Dangers to Crypto
Hedge Funds, Fractional Reserves, Traditional Banking and Finance are all the reasons why Bitcoin was created in the first place.
But it seems human greed always finds a way into the best ideas..
With the crypto boom, they are starting to realize that it is not a fad anymore. Big players are getting scared so they'll get into the acceptance phase.
What I fear the most is them corrupting some devs, with parties, and other luxuries to rig the system to their benefits.
We can use technology for good or very evil ways. In the case of the Blockchain innovation, it would be very evil if a country banned cash and forced a population to use the centralized national coin (because you know security, evil hackers out there... ignoring such things as privacy and so on).