Several X accounts have reignited a long-running debate in bitcoin circles, arguing that a single onchain bitcoin now underpins multiple financial claims across exchange-traded funds (ETFs), futures, perpetual swaps, wrapped tokens, and structured products. The argument, often labeled the “paper bitcoin” theory, draws direct comparisons to gold’s financialization in the 1980s, when derivatives came to […]
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Strategy And Blockstream CEOs Paint Vision Of Bitcoin’s Financial Future
Strategy CEO Phong Le and Blockstream CEO Adam Back appeared Wednesday on a panel moderated by Natalie Brunell, covering Bitcoin...












