8min chapter

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Did Blackrock Just Become More Important Than Satoshi? | EP 1108

Simply Bitcoin

CHAPTER

Bitcoin's Financial Evolution

This chapter explores the growing influence of Wall Street on the Bitcoin market, highlighting key figures like Howard Lutnick who advocate for strategic investment during market dips. It discusses the implications of classifying Bitcoin as a commodity, the potential financialization of Bitcoin, and the challenges it faces in maintaining its decentralized ethos amidst increasing institutional involvement.

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