From Bitcoin critics to blockchain believers: The 5 biggest crypto backflips
The article is a feature on how prominent Bitcoin critics have shifted from outright skepticism to varying degrees of crypto acceptance, largely as institutional adoption and monetization opportunities have grown. It highlights Larry Fink’s evolution from calling Bitcoin an “index of money laundering” to positioning BlackRock as a leading gateway to BTC through spot ETFs. It also notes Jamie Dimon’s continued public hostility to Bitcoin even as JPMorgan builds blockchain infrastructure, Peter Schiff’s move into tokenized gold, Nouriel Roubini’s embrace of a regulated tokenized “Technodollar,” and Donald Trump’s pro-crypto repositioning. The piece suggests the broader market implication is that Bitcoin and blockchain have become too economically and politically important for many former skeptics to ignore, reinforcing institutional legitimacy and long-term adoption narratives.