Larry Fink publicly endorsing #Bitcoin on national TV today was honestly an insane rubicon to see crossed. Something I did not expect would happen for many, many years.
Blackrock is effectively a criminal enterprise with unfathomable power; a defacto arm of the US government at this point too.
Every pleb that can control keys / UTXO’s before Blackrock corners the float and dominates the bitcoin spot market is vitally important.
Operation orange pill is now in overdrive. Time is running out.
Well said, institutional legitimacy from the biggest in the business is no small thing. Confusing Larry Fink's comments with those of Michael Saylor wasn't on my Bitcoin bingo card list, but its a happy addition. The game theory embedded in Bitcoin is on full show here if you think of the implications.
Not sure how I feel about it. 😐
It’s going to make number go up but most people will take the bait and get trapped inside the regulated financial system.
I remind myself that most of these people would never leave anyway.
Well said. In the end I believe it is an inevitable part of Bitcoin adoption - large institutions and eventually the world’s largest nation states. So can’t sweat the inevitable. It’s just actually happening right now so it is creating urgency.
I’m working my hardest to control as many UTXO’s as I can and to get others involved in the protocol before it goes through the steep portion of the adoption s-curve. Its looming.
Its a beautiful contrast and evolution compared to Jamie Diamonds words only a couple months ago. Crazy!
