pull down to refresh

100 sats \ 0 replies \ @endothermicdev 29 Jul \ parent \ on: Fintech dystopia tech
It's ironic that one of the legitimate criticisms of chapter 2 is that Wall St. now owns and deals in bitcoin. Well yeah, if you wait 15 years on the sideline you're eventually going to get passed by. This is like the stick in the bicycle meme.
And what about those terrible, horrible traditional financial institutions that bitcoin was supposed to do away with? Well, a bunch of them have joined the party too. For example, the financial giant BlackRock (we’re talking more than $11 trillion with a “T” of assets under its management) started offering a bitcoin exchange traded product in 2024, making it much easier for people to invest in bitcoin.
write
preview