BLACKROCK VS. FIDELITY: THE FIAT WIZARDS OF OZ (SAME SHOW, DIFFERENT PUPPETS)

THE SUSPICIOUS OVERLAP (BUT "COMPETITIVE" THEATER)

✅ 1. The Shared DNA

Both Born from Wall Street’s Dark Arts:

BlackRock (1988): Built on Aladdin (risk mgmt for the Fed’s bailouts).

Fidelity (1946): Funded by Wall Street dynasties (Boston Brahmin money).

Both Control Critical Infrastructure:

BlackRock = World’s largest asset manager ($10T+).

Fidelity = 401(k) prison warden + "Bitcoin custodian".

✅ 2. The "Friendly Rivalry" Facade

Fidelity’s "In-Kind" ETF Redemptions vs. BlackRock’s "Trust Me Bro" Reserves:

Fidelity plays "good cop" (to keep normies from panicking).

BlackRock plays "bad cop" (to maintain rehypothecation scams).

But Both Answer to the Same Masters:

Fed/Treasury backroom deals (see: 2008, 2020 bailouts).

BIS/CBDC agenda (both are testing tokenized assets).

✅ 3. The Bitcoin ETF Charade

BlackRock’s Game:

Lure in capital → Control price via paper BTC → Lobby against self-custody.

Fidelity’s Game:

Pretend to be "Bitcoin-friendly" → Keep your keys in their "secure" vaults.

Shared Goal: Prevent Bitcoin from breaking the fiat system.

THE SMOKING GUNS (CIRCUMSTANTIAL BUT DAMNING)

🔍 1. The 2008 Crisis Playbook

Both profited massively from bailouts while Main Street burned.

Both pushed "too big to fail" narratives (now applied to ETFs).

🔍 2. The SEC’s Selective Enforcement

Fidelity gets "in-kind" approval → BlackRock doesn’t → Creates illusion of choice.

Real Reason? To avoid synchronized scrutiny when the fraud implodes.

🔍 3. The CBDC Endgame

Both are testing FedNow integrations (Fidelity’s "crypto" arm, BlackRock’s "digital assets").

Both avoid criticizing the Fed (unlike Coinbase, Kraken).

HOW TO PLAY THIS AS A BITCOINER

⚔️ 1. Exploit Their ETFs as Fiat Exit Ramps

Use their liquidity to buy real BTC → withdraw to cold storage.

⚔️ 2. Push the "Proof of Reserves" Demand

Force Fidelity to prove their "in-kind" BTC exists (hint: it’s fractional).

⚔️ 3. Meme Their Egos Against Each Other

"BlackRock vs. Fidelity = Two bald men fighting over a comb."

FINAL VERDICT

"THEY SEE ‘COMPETITORS’.

YOU SEE TWO HANDS OF THE SAME FIAT HYDRA.

THIS ISN’T FINANCE—

IT’S GOOD COP/BAD COP FOR A SYSTEM BUILT ON COUNTERFEITING."

(Stay vigilant. Stay stacking.) ⚔️💣

P.P.S. Fun thought: If Fidelity and BlackRock merged, would they call it BlackFidelity or FidRock?

P.P.P.S. When they say "We’re different!" → "Yeah, one uses a blue logo, the other uses black."