The current hype cycle would be nothing without the institutional support.
But even before institutional investors started jumping in, traders and other employees of the above institutions have long been a key part of crypto markets.
Again, they do not care about fiat or the Austrian school of economics. Of course they know what those things are but they do not care about them at all.
You're uninformed.
GS, BofA, Barclays, Citi, CS, DB, JPM, MS, UBS, WF and countless funds.
The current hype cycle would be nothing without the institutional support.
But even before institutional investors started jumping in, traders and other employees of the above institutions have long been a key part of crypto markets.