Its pretty ironic... the establishment legacy financial system has been saying for a decade that Bitcoin is "only good for speculation" as a way to dismiss it. Then they create a product that removes all of Bitcoin's truly novel and empowering properties, stripping all advantages away from the user, creating a product that *can only* be used for speculation, but now they're in the middle collecting a fee so it's a great idea and groundbreaking... if that doesn't speak volumes about our financial system I don't know what does.

CNBC is super frustrating this morning...