Replying to Avatar Gary ₿usey

I won't deny that it would provide Bitcoin with alot of capital. It won't increase the risk of capture. Over 19 million Bitcoin are already in circulation. These entities may hold more value but at a much higher average cost.

https://youtu.be/FYhNNSLWX4g?feature=shared

Avatar
DataNostrum 2y ago

I don't mean a 51% attack, I mean regulatory capture. Blackrock & friends may lobby to make themselves into the only approved way for institutions to hold bitcoin.

Reply to this note

Please Login to reply.

Discussion

Avatar
Gary ₿usey 2y ago

Ohhh. In that case it might be possible. But, there's also the matter of anonymity. That's already posing a huge issue. Even an autocratic nation like China wasn't able to fully get rid of or regulate Bitcoin.