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0 sats \ 1 reply \ @memeverse 17 Aug \ on: TradFi and Wall Street Embracing Bitcoin Their Own Way news
You're right; the entrance of traditional finance into the world of Bitcoin through instruments like ETFs represents a significant paradox.
On one hand, this could lead to greater legitimacy and acceptance of Bitcoin as a serious asset, helping to integrate it into the global financial system.
On the other hand, I’m concerned about the risk that Bitcoin's fundamental principles, such as freedom and decentralization, might be compromised.
The fact that the cryptocurrency market is already heavily influenced by traditional financial dynamics is worrying.
There’s a risk that manipulation and centralization could increase, potentially impacting Bitcoin’s integrity and security.
I believe that in the future, the difference between Bitcoiners and investors will become more pronounced. Those who understand Bitcoin’s potential beyond just economic value won’t be satisfied with an ETF.
It will undoubtedly be a significant challenge for the Bitcoin community to find a way to maintain the network’s integrity and its core principles in the face of growing Wall Street influence.
Relevant points through and through.
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