Why would they finally approve a BTC etf?
If it’s successful, how many coins can they hold? How many will it then Default on and then own?
Are they getting ready for the great reset?
Discussion
BR owns the world and they usually get what they want. Not a guarantee, but it’s a pretty good bet.
The ability of Blackrock to decide which fork of bitcoin is legitimate is my concern. They would be able to throw considerable monetary weight behind a malicious fork
This is something I haven’t thought of…
#softwar
JPM has been puppeteering that via Consensus and Eth foundation for some time. And WEF also showed solidarity. I'm sure the top 100 shitcoins some are already clandestinely Blackrock projects.
It doesn’t…FUD. This is where the small cost of running a full node comes into play
How was the last fork decided? I would argue it was the free market deciding the value in USD and not the nodes
It was the nodes signaling for UASF. The miners buckled because nobody was going to verify transactions on the NYA fork. After that the signers of the New York Agreement called it off.
My friend (who has been a hodler since 2014) and I have discussed this. There's no need to be concerned. If BlackRock can't control all the nodes and force concensus over the network then their fork won't ever work. They can throw in as much capital as they want. All that will do is cause a massive price boost.
Until proven otherwise, I can only assume they have some scam ready to go that will manipulate the shit out of it in their favor. How? I have no idea. But these types do so with literally everything else, so why would this be any different.
Good or bad the truth is, once a Bitcoin ETF is approved, it will most likely send the price of Bitcoin sky rocketing. BR ETF wont be the only one to get approved either. There will be numerous other one's as well that will follow.
Just keep stacking sats regularly, self custody them and continue to be a freedom loving sovereign individual.
Perhaps not.
As soon as BTC futures were introduced price cratered for a while.
Each new tech innovation allows for unforeseen price manipulation.
Take a gander
It’s a scam.