"I can tell you from the calls that I'm getting, people that looked at Bitcoin in December and didn't like the price are coming back now and saying, alright, this thing is not going away. We need to understand what it is. Where does this asset class fit in to our portfolio?"Moreover:
“We’re moving from a database to a databank. What does that mean - the data in the internet is valuable. Web 3.0 is the new internet, an improved internet. How do you send valuable assets across an open network like the internet, with a cryptocurrency. That is exactly why institutions are starting to get into this. They’re seeing how this fits into a portfolio of web 3.0 stocks."See the full report for yourself, here. As institutions start to realise that Bitcoin and other cryptocurrencies are a key part of the new web (3.0), investment will spring onboard. Kelly is hinting that this investment has now begun and that as a result, today’s Bitcoin surge is just a small sample of what’s to come. Of course, he could be wrong but based on Bitcoin’s movements today, it does seem as if something good is going on, somewhere.