Source: Bitcoinist
“In a ’21 and 21′ rapid-fire interview with Haley Berkoe at San Francisco’s Presidio Bitcoin workspace, Jack Dorsey — CEO of Block and former Twitter chief — cautioned that BTC’s growing popularity among major financial institutions could threaten the open ethos that gave rise to the world’s largest cryptocurrency. ‘It probably harms it a bit,’ Dorsey said when asked about institutional investment in Bitcoin. Yet he acknowledged that large-scale involvement is practically inevitable, adding, ‘I think it’s obvious that we’ll see more of it, and I hope that more people take on the principles of what made Bitcoin successful in the first place.’ … One of Dorsey’s main concerns is that Bitcoin might end up sidelined if it focuses too narrowly on serving as a store of value.” (04/03/25)
https://bitcoinist.com/bitcoin-at-risk-institutional-capture-jack-dorsey/