S&P has a history of downgrading #Bitcoin builders, punishing them for embracing the hardest money while ignoring their own epic fails.
Just downgraded Tether's USDT stablecoin to a "weak" rating, blaming Bitcoin exposure in reserves for potential volatility risks.
Slammed MicroStrategy with a B- junk rating in October 2025, citing heavy Bitcoin treasury holdings and liquidity concerns from price swings.
Back in 2021, flagged El Salvador's Bitcoin adoption as having "immediate negative implications" for its credit rating, leading to warnings of potential downgrades and an eventual drop to 'SD' (selective default) in 2023 amid ongoing financial pressures.
These rating "experts" handed out AAA stamps to toxic subprime mortgage securities that tanked the global economy in 2008, costing trillions and forcing bailouts.
Legacy finance gatekeepers gonna gatekeep, stack sats and watch them fade.
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