Financial Giants in the World of Bitcoin: The Risk of Seeing Bitcoin Reduced to the Role of Gold 2.0?

The entry of the financial giants into the world of Bitcoin is a source of concern that the deeper meaning of the Bitcoin revolution has been lost.

The Wall Street giants will do their utmost to resume their role as intermediaries in this revolutionary alternative system, Bitcoin.

If you’re a Bitcoiner, it won’t have escaped your notice that these financial giants, like BlackRock, have long been vehemently opposed to Bitcoin. To hear BlackRock CEO Larry Fink tell it, Bitcoin was a scam at the time. Bitcoin was only used for illegal activities. Bitcoin was the thugs’ favorite tool for laundering their dirty money. I’ll stop there, but you’re all well aware of all the lies that Larry Fink and the other powerful people at the head of the current system have uttered against Bitcoin in the past.