Bitcoin politics on the rise ...

The company that owns the NYSE is starting a federally regulated exchange for digital assets.

Isn't this better news for crypto than just a bitcoin ETF?

Better news for who?

The major corporations, whales, patent holders who are re-centralizing bitcoin from the outside?
We assume that if the price of btc and alts rises, thats good.
At what cost,?
Instead of btc carving a new peer to peer path for money tx, the legacy systems are ingeniously finding hundreds of little nuanced ways, many of them legally binding patents and legislated policy, to determine how, who, and when they are used.
They are system experts, and have been systatically planning and executing a hostile takeover of crypto.
If anyone is going to profit big in crypto its the system insiders.
Btc prima facea mission statement is to operate peer to peer, at the bottom of the economic food chain first.
It can do that if its owned by those at the bottom of the foid chain.
Whats happening here tho is instead of us (lower/middle class income) buying it en mass when irs cheap, we are sidetracked by alts.
If last years 800 billion market cap had been in btc instead of split between btc and alts, btc would be over $400,000. And we would own them.
If the suits wanted them, they would have to enter the market at a price point we decide.
And they wouldnt.
That is how Satoshi planned to break the stranglehold the legacy systems have built for themselves.
And they are really excited about owning (all or most) of btc and alts.
This wont end well for us.