These are very strange times, JP Morgan shilling ETH, former BTC hater Blackrock’s CEO to launch BTC ETF, banks to acquire crypto trading licences…
We're indeed living in very strange times.
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1 year ago Jamie Dimon, the CEO of JP Morgan called crypto and BTC a big decentralized ponzi.
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Blackrock's CEO thought the same
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it was decentralized finance at war versus centralized finance aka bAnKs
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the social media platform Facebook's "Libra" to fail
But now we see the complete opposite!!
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JP Morgan to be bullish on Ethereum! They also have their very own (centralized) blockchain
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Blackrock will be launching their Spot Bitcoin ETF
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Several banks to acquire crypto trading license, instead of fighting crypto, banks adopting them!!
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X (formerly Twitter) to acquire crypto trading license
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PayPal launching their own stablecoin
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Many many other crypto adoptions I cannot sum them all up…
How longterm bullish is this?
Honestly, I don't know how this impacts crypto's prices in the shortterm, but we can all clearly see the early stages of real and most importantly silent mass adoption of cryptocurrencies.
Am I too bullish or shouldn't we all be bullish, too?
submitted by /u/derika22
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