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Vanguard Throws Shade at BITCOIN… but Also Admits Its Hidden Power 👀
John Ameriks — Global Head of Quantitative Equity at Vanguard — just compared #Bitcoin to collectible toys, calling it a purely speculative asset. Harsh words from one of TradFi’s biggest players… but here’s where it gets interesting.
Even while criticizing it, Ameriks couldn’t ignore the truth: Bitcoin shines when fiat currencies don’t.
When things get crazy with inflation, politics, or money systems, #BTC isn't just a game – it's like, essential. It's a global, borderless, censorship-proof way to store value that actually works in the real world.
This is the same pattern we’ve seen for years:
First they dismiss it…
Then they fight it…
Then they accept its use case…
And eventually, they adopt it.