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Why WOULD the SEC even approve a BTC spot ETF?

Bitcoin Reddit

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Very simple question: WHY would it be in the interest of the US GOVERNMENT to ALLOW big money to flow into Bitcoin?

Wouldn't they do ANYTHING NOT TO support a serious competitor to their fraudalently constructed monetary system?

I'm having more & more doubts about all of this, it seems like a very illogical move. What do they have to gain from all this? Further devaluation & distrust of the Dollar? Seems like a bad trade.

submitted by /u/kapliger
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