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Five once-vocal critics of Bitcoin and blockchain have reversed their positions and embraced the technology they previously dismissed, according to a survey of prominent crypto backflips.
The pivots are characterized not as intellectual conversions but as reluctant surrenders to financial opportunity — a distinction that tells investors something worth noting.
When the Incentive Beats the Argument The unifying thread across all five cases, as framed by the source, is captured in a single phrase: "if you can't beat 'em, join 'em." That is not the language of someone persuaded by on-chain data or revised assumptions about monetary theory.
It is the language of someone who concluded that the cost of staying outside the trade finally exceeded the reputational cost of being seen to flip.
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