Big time article in Wall Street journal today.

WSJ has a glowing interview/article with Balaji Srinivasan about the future of Bitcoin. Nothing about a bubble, nothing about frauds or scams. This is a tacit endorsement by the best financial paper in the world.

The paper describes bitcoin and the blockchain in general as the "internet of money" and describes how it is revolutionizing everything in finance. It goes on to describe how China is trying to manipulate bitcoin in order to facilitate their own currency tied to the renminbi, or to capture bitcoin for themselves. WSJ explains how china created the great firewall shortly after the internet was invented, and now they're trying to do the same with blockchains and crypto… China isn't banning bitcoin. They plan on regulating it themselves.

This is the most positive sign I have seen around bitcoin in a long time. Wall Street journal putting out a positive article about BTC is a huge progress.

submitted by /u/Turbodiesel67
[link] [comments]