this post was submitted on 02 Feb 2024
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Bitcoin had its official ETF approved and started the other week and Ethereum is soon to follow. so I would say capitalism is very much not rejecting blockchain technology. Didn't blackrock and other giants put a ton in?
They put money in Bitcoin, but not the tech behind it. To them it's just stocks to be manipulated in order to get a profit.
Right?
Also, look at its price. It dipped, and came right back.
If anything, the financial consensus around this is exactly the opposite of what was being presented.