Wall Street’s Bitcoin Takeover: Jim Bianco Exposes How the Establishment Hijacked Crypto’s Rebel Spirit
Bitcoin was meant to be the people’s money—now it’s just another asset on Goldman Sachs’ balance sheet.
Jim Bianco pulls no punches: ‘The revolution got institutionalized.’ From Satoshi’s whitepaper to BlackRock’s ETF, the original vision has been diluted by suits chasing 20% returns. The blockchain doesn’t lie—over 40% of BTC supply is now held by whales and corporations.
Wall Street’s playbook? Same as always. First ignore, then ridicule, then co-opt. Now they’re charging 2% management fees on your ‘decentralized’ asset. How very… efficient.