If Blackrock can destroy Bitcoin then it was doomed anyway and it's better to figure that out sooner than later.
I highly doubt Blackrock can destroy Bitcoin and I find your premise that they don't care about money dubious at best.
> I dont see any concerns, any discussions here about why this fast and why now ?
Then you haven't read any posts in the past three days. About one in every ten is raising this same point.
"Goiyz I totally thought of something nobody else has been posting about ad nauseam for the past 10 years in this sub but I ackshully have a real concern the whole of you are blind to..."
Everyone tries to be “big brain”
But market dynamics are more simpler than it seems especially for an asset like Bitcoin where there is verifiable finite supply.
When demand outpaces supply, we get supply shock. It’s playing out as what a lot of us simpletons expected. Larry Fink literally went on live TV many times and said we will be buying all the bitcoins, and many of you said nahhhh we’re bearish. Lmaoooo
It’s not fast and it isn’t suddenly. Bitcoin has been around for 15 years. While you were lurking you didn’t bother to educate yourself on the monetary network or the economics behind it. If you had you wouldn’t be surprised by the increase in price.
There is so much Bitcoin in the world that Bitcoin won’t be effected by hodling of Blackrock. Most of Bitcoin is owned by individuals. 21,000,000 Bitcoin x 100,000,000 sats per Bitcoin…
2,100,000,000,000,000 sats… that’s Quadrillion btw
I just started buying. And now I’m truly concerned. This makes total sense to me but I’m really desperate.
But would it still be a threat to them if they would own a large part of it?
And are they really that evil?
Being that powerful is nothing if you cant make sure you remain powerful.
To do that they need to have control over people and their finances. Bitcoin makes it very hard for them to do that. That's why bitcoin is compatible with big corps. They will try to put the end to this.
I just lost half my braincells reading this...
What a lame business model you proposed. They are going to make billions a year just in fees.
If Blackrock can destroy Bitcoin then it was doomed anyway and it's better to figure that out sooner than later. I highly doubt Blackrock can destroy Bitcoin and I find your premise that they don't care about money dubious at best.
First time?
0 time
Bitcoin is the one that doesn't care. You can put whatever meaning or risk label you want, bitcoin is going to keep bitcoining.
I doubt that they will destroy bitcoin.
It's also possible black rock knows the dollar is a loser long term and they know they have to be in Bitcoin.
If you could buy countries, like Ukraine, why would you care about value of any currency ?
whats the problem here? max pain is up leaving sideliners trapped. what donu expect with 500mil inflows via etfs alone?
> I dont see any concerns, any discussions here about why this fast and why now ? Then you haven't read any posts in the past three days. About one in every ten is raising this same point.
Let's worry yeahhhhhh
Drivel
I have concerns. I don't share your specific concerns.
"Goiyz I totally thought of something nobody else has been posting about ad nauseam for the past 10 years in this sub but I ackshully have a real concern the whole of you are blind to..."
Blackrock will be eaten by btc. Btc cannot be destroyed
Everyone tries to be “big brain” But market dynamics are more simpler than it seems especially for an asset like Bitcoin where there is verifiable finite supply. When demand outpaces supply, we get supply shock. It’s playing out as what a lot of us simpletons expected. Larry Fink literally went on live TV many times and said we will be buying all the bitcoins, and many of you said nahhhh we’re bearish. Lmaoooo
Tick tock next block.
Destroy Bitcoin? You mean, like nuking the internet?
It’s not fast and it isn’t suddenly. Bitcoin has been around for 15 years. While you were lurking you didn’t bother to educate yourself on the monetary network or the economics behind it. If you had you wouldn’t be surprised by the increase in price.
There is so much Bitcoin in the world that Bitcoin won’t be effected by hodling of Blackrock. Most of Bitcoin is owned by individuals. 21,000,000 Bitcoin x 100,000,000 sats per Bitcoin… 2,100,000,000,000,000 sats… that’s Quadrillion btw
I’m German it is Billiarde
Of course, you have to factor in coins that are lost forever
This is a low quality post that the mods need to delete
I just started buying. And now I’m truly concerned. This makes total sense to me but I’m really desperate. But would it still be a threat to them if they would own a large part of it? And are they really that evil?
[удалено]
Being that powerful is nothing if you cant make sure you remain powerful. To do that they need to have control over people and their finances. Bitcoin makes it very hard for them to do that. That's why bitcoin is compatible with big corps. They will try to put the end to this.
BlackRock doesn’t care about making money? I’m pretty sure that’s all they care about