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While technically nothing changed, the SEC approving an ETF directly tied to bitcoin would have changed how Bitcoin is perceived by a lot of people. > Nothing
by askmike 10y ago
While technically nothing changed, the SEC approving an ETF directly tied to bitcoin would have changed how Bitcoin is perceived by a lot of people.
> Nothing about the currency actually changed.
You can say this about about everything: "while nothing about the pound changed, brexit caused the price to go down."
- slg 10y agoBrexit had real world impact on how the currency would be used in the future and the strength of the economy of the country that stands behind it. The SEC decision does none of that.
- askmike 10y ago> The SEC decision does none of that. That's because Bitcoin isn't directly tied to any economy. But just as Brexit had a real world impact on the pound, the SEC decision had a real world impact on bitcoin: It is directly tied to how people perceive Bitcoin, which is an import aspect just as well.
- baddox 10y agoThe SEC decision very clearly has real world impact on how Bitcoin will be used in the future.