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They can manipulate the price with a big stack of #bitcoin just like the way they manipulate the price of gold

9a

9a013727... 2y ago

Gold clearance and stock is very centralised, how can they do the same to btc?

They can manipulate the price of the ETF by buying and selling #bitcoin in a thin market and they won’t let you redeem in #bitcoin, so all the money is tied up in paper #bitcoin

9a

9a013727... 2y ago

It's much harder, plus the moving sats, those they won't buy will always be much more efficient and allow much more freedom than metal coins.

9a

9a013727... 2y ago

What they were able to do with gold and silver is only because metal coins suck in the transportability aspect of a transaction.

If a company can kill bitcoin, what are we here for?

Blackrock is not just a company.

blackrock is an evil satanic organization

owned by the khazarian mafia

same criminals who own all media, all central banks and most politicians

I got most rabbit holes locked down. Khazarian mafia? Don’t do this to me.

look it up

do some research

or continue with the stupid propaganda

up to you. your choice

Are they taking new members? Asking for a friend. 🤙

🤣

did you sleep the last four years?

in a coma?

Regardless, they cannot “capture and kill” bitcoin. Nobody can.

I’m not going to quit running my node.

What is 11% of $900T?

Blackrock.

This is not a small country or family office announcing support for BTC.

This is much sooner than expected. Something doesn’t smell right to me.

CitizenPleb 2y ago

They gonna make so much paper #bitcoin it’ll make Kinkos blush.

Exactly

they could do a fork to fake satoshi bitcoin

and declare that they are now the real bitcoin

they own all media companies

this is also written in their filing papers

Paper BTC becomes real BTC.

what if they collude with fake satoshi?

Nah, that guy is radioactive. And an idiot. There are smarter, more under the radar people to collude with.

i agree but both are criminals an liars. both blackrock and fake satoshi want to imprison all people. it is their main goal

Ca₿le Guy 2y ago

Self custody

I believe, what they can do is buy like crazy and mine. As the price goes up more holders will be willing to sell and they will control a big stack.

But to those who hold on will see it increase in value.

The Bitcoin in circulation will continue to be decentralized an scarier!

I meant scarcier!

Don’t be naive, They already have a large stack and will now sell to the ETF buyers. They will use then use the funds to short #Bitcoin and crash the price of the ETF so they can buy it back cheap. Rinse and repeat.

What will be the different for those who hold their own coins?

The value will fluctuate compared to fiat currencies. 1btc will still be worth 1btc.

Ca₿le Guy 2y ago

But im not selling . Im not converting from the strongest asset to a weaker one . Will i be affected ?

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Let's join the discussion!

#grownostr #bitcoin

Capture yes. Kill BTC, no, but kill BTC as we know it today and want it to progress - maybe yes.

Karl 2y ago

No.

c7