TechCheck+ How Bitcoin lost by winning 01/19/24

TechCheck

English - January 19, 2024 19:17 - 10 minutes - 9.16 MB - ★★★★★ - 51 ratings
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Previous Episode: CEO says more jobs cuts are needed in 2024 01/18/24

Next Episode: Bitcoin’s Rough Week, Plus Semis’ Spectacular Week 1/19/24

Bitcoin has officially arrived on Wall Street. The SEC’s approval of 11 spot bitcoin ETFs now gives the cryptocurrency legitimacy, accessibility, mainstream reach and Wall Street acceptance. But Bitcoin was supposed to be so much more – a revolution, bypassing the traditional financial system with a democratic, decentralized, peer-to-peer electronic cash system for unbanked populations. But Wall Street did what Wall Street does best. This week on TechCheck, how Bitcoin lost by winning.