Bitcoin OGs Losing Confidence as Institutions Adopt Crypto_Amazon Finance

Bitcoin OGs Losing Confidence as Institutions Adopt Crypto

2025-07-27 18:04:45 Primitive Reading

　A well-known cryptocurrency analyst has sparked a debate within the Bitcoin community by suggesting that early Bitcoin investors are losing faith in the asset due to its increasing adoption by institutions. Scott Melker, also known as The Wolf of All Street, mentioned in a recent post that many original whales have started selling their Bitcoin at current prices. While acknowledging that Bitcoin is still amazing, Melker expressed concerns about the asset being co-opted by the very institutions it was meant to hedge against. The discussion surrounding Bitcoin's institutional adoption and its impact on the original ethos has been triggered by these comments. Additionally, Mike Alfred, founder of Alpine Fox, disagreed with Melker's views, emphasizing that people may choose to sell their coins for various personal reasons unrelated to the asset or protocol.

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