Backroom Bitcoin Conversations Are More Important Than Bitcoin Price

The rally in the Bitcoin
BTC
price is great to attract attention but is not the signal of the coming greater adoption of cryptocurrency. The real signal is the investment discussions happening in the backrooms. The outlaw cowboy culture of the early days of crypto is fading quickly, and robust businesses are appearing as digital assets grow into a viable asset class. The key to visualizing what is going to happen to the future of crypto currency is to follow the money, and investment dollars are flowing into real businesses.

The institutions, venture capital firms, and angel investors place their bets on the future by investing in early-stage companies, and where they place their money is a sign of what they expect to happen. In many cases, the investments manifest the future because companies that are well-funded early tend to become the leaders of tomorrow.