Bitcoin and Wall Street

The Bitcoin of Wall Street

By Yugocean | Crypto Champion | 11 Dec 2024


Business world and Bitcoin

     There are many big companies that hold billions of dollars worth of fiat assets but have 0 BTC, and Michael Saylor is trying to change that. Saylor has convinced Microsoft shareholders to discuss Bitcoin; it is possible that other big companies like Apple, Alphabet, Amazon, etc., will also decide on it.

 

Not So Good with Wall Street taking Bitcoin

     I am not saying this is a bad decision; it is good if the business world accepts Bitcoin. I am only saying it will be bad if Wall Street takes control of Bitcoin. Already US spot BTC ETF firms hold more BTC than Satoshi. This will not help economic freedom.

 

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The cryptoverse doesn’t care about critics

     Bitcoin critics are free to cry as much as they want; BTC has already gone above $100k, and those who have heeded their advice can only feel the loss with regret. While the crypto world is still enjoying and lapping up BTC (along with alts), it is giving critics a hard time.

 

 



Originally published at Grill, and on Wubits as thread

 

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Yugocean
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