Capital markets are inherently good for humanity and progess. They are a core pillar of capitalism. Wall Street isn't inherently "bad". Wall Street is, however, infected by Fiat. $XXI is a direct attempt at removing that infection. $XXI is capitalism.
Discussion
The investors of XXI are infected by Fiat. Investing in Bitcoin may diversify their portfolio but that doesn’t remove the infection. I’m not sure I follow your logic.
Everything is infected by Fiat lol. That doesn't mean you stick your head in the sand and avoid building alternatives. BPS/BRR represent a truly novel type of equity offering. One that, if you believe in Bitcoin, has the opportunity to create an entirely new type of capital market. One that I believe will replace the Fiat market over time.
That’s one way of looking at it. I don’t think that’s the ethos of Bitcoin or Satoshi but it’s good to see people trying something.