Global Feed Post Login
Replying to RajatSoniFinance

Over the last 15 years, Blackrock and Fidelity could do nothing to stop you from buying #Bitcoin.

Today, people are messaging me to ask "What can we do to stop BlackRock from owning all the #BTC?"

Nothing.

All you can do is not sell to them.

We (the average retail investor) had a 15-year head start.

Blackrock will keep accumulating BTC until there is almost no available supply to be bought below $100,000 then until there is no available supply below $1,000,000, then $10,000,000.

And they will likely never sell again.

Avatar
shitCoiner 1y ago

Why do you believe they will never sell?

Reply to this note

Please Login to reply.

Discussion

cb
RajatSoniFinance 1y ago

It's their customers bitcoin

Their customers have to choose to sell

Blackrock would do anything to prevent them from selling

They'll earn higher fees if their customers don't sell so they have an incentive to hold

Avatar
shitCoiner 1y ago

Fair point. Thank you

Thread collapsed
Thread collapsed