Cheering for the BlackRock ETF feels a little like cheering for a parasite. I am extremely skeptical of the reason they’ll likely get approved and subsequent actions they take to centralize/harm/manipulate bitcoins price.
I would love to be proven wrong. Time will tell.
This is fantastic for Bitcoin.
Let em try.
Ehh long run I’m not worried just more short term manipulation I suspect. Idk I’m just a rabbit what do I know
What adversarial vectors does this create for bitcoin?
You're exactly right they're a Navarious group of bastards you're correct in you're persumsion. 🤙
Who knows what they're up to?
Maybe they're thinking on 4+ year timeframe.
It will end up being good for Bitcoin eventually.
I'm definitely not cheering them on though.
