43.45 F
London
December 8, 2024
PI Global Investments
Bitcoin

How Bitcoin lost by winning


Share

Bitcoin has officially arrived on Wall Street. The SEC’s approval of 11 spot bitcoin ETFs now gives the cryptocurrency legitimacy, accessibility, mainstream reach and acceptance. But Bitcoin was supposed to be so much more – a revolution, bypassing the traditional financial system with a democratic, decentralized, peer-to-peer electronic cash system for unbanked populations. But Wall Street did what Wall Street does best. This week on TechCheck, how Bitcoin lost by winning.



Source link

Related posts

Bitcoin’s (BTC) Technicals Suggests Deeper Pullback to $38K: Analyst

D.William

Bitcoin Open Interest down by $1B – What traders should know

D.William

Here’s how SIM swap in alleged bitcoin pump-and-dump scheme worked

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.