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I have two serious examples of interactions between the "legitimate" market and Bitcoin: 1. The Bitcoin ETF: https://cointelegraph.com/news/debut-canadian-bitc
by danuker 5y ago
I have two serious examples of interactions between the "legitimate" market and Bitcoin:
1. The Bitcoin ETF: https://cointelegraph.com/news/debut-canadian-bitcoin-etf-nears-100-million-in-volume-in-first-few-hours-of-trading https://cointelegraph.com/news/debut-canadian-bitcoin-etf-ne...
2. The CME Bitcoin Futures market: https://www.cmegroup.com/markets/cryptocurrencies/bitcoin/bitcoin.quotes.html https://www.cmegroup.com/markets/cryptocurrencies/bitcoin/bi...
Also, it provides protection against hyperinflation for some, be it legal or not:
https://www.bbc.com/news/business-47553048 https://www.bbc.com/news/business-47553048
Not everything illegal is immoral. But I agree that there is an absurd amount of energy use and scams in the crypto ecosystem.