If I was #BlackRock trying to take over the control of #Bitcoin, I would:
1) Run the ETF on fractional reserves
2) so I can more easily crash the price
3) to bankrupt a significant amount of miners
4) so that my share of hashrate that I control is over 50% of the network
5) which Iād use to support a Proof-of-stake fork
6) that will be deemed the real Bitcoin by me and my partners (exchanges, media)
7) then Iād start replenishing my #BTC ETF to full reserves with bitcoins bought on the cheap so me and my partners own more than 50% of the staked BTC.
#FUD