Replying to Avatar boston wine

Bitcoiners, help me reason through this please?

For a “BlackRock fork” to mean anything, it would have no relationship to how much Bitcoin they own.

They would need to run a majority of the network’s nodes to then force a consensus about the new correct chain.

And I have a hard time imagining that they’ll spin up hundreds of thousands of nodes faster than individual actual bitcoiners will in the coming years…

Am I missing something here? nostr:note1s9gljgza6uyzcgq63u49lsfmau3d6jznyg3428m3fya0mfz8j9asnekkxj

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Rico 2y ago

It's the world's largest asset management cooperation, they're not producing anything. They won't fork and they won't mine, the most sinister thing they might do is to offer mere price exposure/paper BTC to their customers.

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