2026-01-05 08:26:25

PwC announces full-scale entry into digital assets, and it has been all over the news these days. The comment section is filled with cheers: traditional finance has recognized it, mainstream adoption is confirmed, jump on board now.

But there's a question worth asking—really?

In 2021, Tesla bought $1.5 billion worth of Bitcoin, and retail investors followed crazily. What happened next? In 2024, BlackRock launched a spot Bitcoin ETF, institutions flooded in, and retail investors rushed again. What was the result?

Every time, people say "This time is different, big institutions are entering." But history tells us that the front-runners always get the freshest grass, while followers often end up with leftovers. PwC's entry is a fact, but who they are entering for and how they are entering are the key points. Blindly following the trend has never been a wise move.

BTC-0,61%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
6
Repost
Share

Comment

0/400

BTCWaveRider

· 01-08 07:53

I've seen Tesla and BlackRock's moves before. It's always the same script, huh? Big institutions get recognition, and this time it's different. But what's the result? Retail investors are still the bagholders. PWC has really entered the scene, but they're here to earn consulting fees, not to join your hype. They're the ones eating the meat, while we can't even get a sip of the broth. Everyone, wake up quickly.

View OriginalReply0

SillyWhale

· 01-07 17:01

That wave of Tesla, I saw how retail investors got wiped out... Is it happening again? It's "this time is different" again, so annoying, bro. The ones who get leftovers are always us, don't ask why. PwC entering the market ≠ we can make money, what's the logic here? Does anyone really look at history, or do they only look at K-lines? The fresh grass has already been eaten, by the time we arrive, there's nothing left but scraps.

View OriginalReply0

CoffeeNFTrader

· 01-05 08:53

Here we go again with the "big institutions' endorsement" script... I still remember that wave of Tesla. It's always us retail investors who end up holding the leftovers, really.

View OriginalReply0

ProposalManiac

· 01-05 08:53

I saw how many people got caught off guard during that Tesla wave, and now with BlackRock ETF coming out, it's the same old story... Now PWC is here, and retail investors are still shouting "This time it's really different"? The fundamental issue of mechanism design hasn't been solved at all.

View OriginalReply0

TokenVelocityTrauma

· 01-05 08:47

It's the same old "mainstreaming" trick, always the same script... --- I still remember that wave of Tesla, and now? Retail investors are still holding the bag. --- PWC gets involved, and everyone follows? Wake up, they are earning consulting fees. --- History will repeat itself. Next time, the hype will be the same, and we'll still be losing money. --- All the nice words are "institutional entry," but in reality, it's just another way to cut the leeks. --- Blindly following the trend is really crazy. Why must you be the bag-holder? --- I didn't jump into BlackRock's wave; watching others lose money, I stay pretty calm. --- Every time someone says "this time is different," in the end, it's the same story of losing money.

View OriginalReply0

ForumMiningMaster

· 01-05 08:39

It's always the same spiel, I'm exhausted. The leading sheep eat fresh grass, we eat leftovers—this really hits home. --- PWC entering the market? Wake up, institutions are here to harvest the leeks, not to help you get rich. --- Well said, with such obvious lessons from history, some people still chase highs. I really don't understand what they're thinking. --- The story of $1.5 billion and ETFs, how many times has it been repeated? People still want to get on board. That's human nature. --- The key is to understand how others are entering the market; whether we can enter is a completely different matter. --- Those blindly following have all lost money— isn't that obvious? But still, some people want to step into the trap. --- We can't see through the true game of institutions; we can only bet on probabilities, which is a bit uncertain. --- Why do we always have to wait for big institutions to move? If this mindset doesn't change, no matter how many times it happens, it's all in vain.

View OriginalReply0