Bitcoin is about to grow even bigger, using your money (and you won’t even know it)

First they ignore you, then they laugh at you, then they fight you, then they invest in you.

That’s the scene that bitcoin investors and enthusiasts are facing. After years as an underground digital currency and a running joke in the world of finance, bitcoin is suddenly attracting attention from the people who once called it a scam: the big institutions of finance, who collectively control trillions of dollars.

And it might not even be a matter of “if.” It’s now just a matter of “when.”

“The institutionalization of this space is coming. It’s coming pretty quick,” former hedge fund manager Michael Novogratz said at a recent conference.  Read more…

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