Insights

Bitcoin’s Mainstream Acceptance

March 30, 2022  |  5 minute read
Bitcoin for all is becoming a reality.

Today, buying bitcoin is as easy as opening a checking account. In El Salvador, you can pay for a Starbucks’ coffee or a Big Mac with bitcoin. Corporations like Tesla and Block hold bitcoin on their balance sheets. Legendary hedge fund managers like Paul Tudor Jones, George Soros, and Stanley Druckenmiller have made room for it in their portfolios. Banks are making bitcoin available to their clients. Even some insurance companies, the most conservative of institutional investors, have jumped on board.

What we’re saying is, bitcoin’s gone mainstream.1 

OK, maybe it’s not everywhere yet, and El Salvador is indeed an outlier. And yes, you’ll still see some financial titans expressing doubts.2 But, if you don’t closely track the news, you may not appreciate just how common investing in bitcoin has become.  

Key Takeaways

  • Bitcoin has gone mainstream.
  • From hedge fund managers to insurers, bitcoin is being embraced across the spectrum of capital allocators.
  • NYDIG works with institutions of all types to bring bitcoin to everyone.

Learn more from FS | NYDIG

Subscribe to receive insights about Bitcoin.

Let's connect

Discover how you can unlock the power of Bitcoin.

View important footnotes + disclosures

  1. Perhaps the ultimate evidence for this is a reference to bitcoin on an episode of The Simpsons: https://markets.businessinsider.com/news/currencies/simpsons-episode-bitcoin-prediction-infinity-gamestop-tesla-stock-fluctuate-2021-4
  2. Which isn’t to say that they aren’t offering bitcoin-related products at their institutions

This report has been prepared solely for informational purposes and does not represent investment advice or provide an opinion regarding the fairness of any transaction to any and all parties nor does it constitute an offer, solicitation or a recommendation to buy or sell any particular security or instrument or to adopt any investment strategy. Charts and graphs provided herein are for illustrative purposes only. This report does not represent valuation judgments with respect to any financial instrument, issuer, security or sector that may be described or referenced herein and does not represent a formal or official view of New York Digital Investment Group or its affiliates (“NYDIG”).

It should not be assumed that NYDIG will make investment recommendations in the future that are consistent with the views expressed herein, or use any or all of the techniques or methods of analysis described herein in managing client accounts. NYDIG may have positions (long or short) or engage in securities transactions that are not consistent with the information and views expressed in this report.

There can be no assurance that any investment strategy or technique will be successful. Historic market trends are not reliable indicators of actual future market behavior or future performance of any particular investment, which may differ materially, and should not be relied upon as such. Target or recommended allocations contained herein are subject to change. There is no assurance that such allocations will produce the desired results. The investment strategies, techniques or philosophies discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. The information provided herein is valid only for the purpose stated herein and as of the date hereof (or such other date as may be indicated herein) and no undertaking has been made to update the information, which may be superseded by subsequent market events or for other reasons.

The information in this report may contain forward-looking statements regarding future events, targets, or expectations regarding the strategies, techniques or investment philosophies described herein. NYDIG neither assumes any duty to nor undertakes to update any forward-looking statements. There is no assurance that any forward-looking events or targets will be achieved, and actual outcomes may be significantly different from those shown herein. The information in this report, including statements concerning financial market trends, is based on current market conditions, which will fluctuate and may be superseded by subsequent market events or for other reasons.

Information furnished by others, upon which all or portions of this report are based, are from sources believed to be reliable. However, NYDIG makes no representation as to the accuracy, adequacy or completeness of such information and has accepted the information without further verification. No warranty is given as to the accuracy, adequacy or completeness of such information. No responsibility is taken for changes in market conditions or laws or regulations and no obligation is assumed to revise this report to reflect changes, events or conditions that occur subsequent to the date hereof.

Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be relied on in making an investment or other decision. Legal advice can only be provided by legal counsel. Before deciding to proceed with any investment, investors should review all relevant investment considerations and consult with their own advisors. Any decision to invest should be made solely in reliance upon the definitive offering documents for the investment. NYDIG shall have no liability to any third party in respect of this report or any actions taken or decisions made as a consequence of the information set forth herein. By accepting this report in its entirety, the recipient acknowledges its understanding and acceptance of the foregoing terms.

Print this page
Email this page

Related insights

bitcoin-security-thumbnail

Bitcoin Security

Understanding why Bitcoin is so secure isn’t so simple. And understandably so. Bitcoin’s security model upends how we usually think about protection.

Read More
why-is-bitcoin-valuable-thumbnail

Why is Bitcoin Valuable?

Indeed, bitcoin isn’t yet as widely accepted as the dollar, but as people become more familiar with bitcoin, we believe they will quickly recognize how valuable it is.

Read More