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byrgertidesson@iris.to / Byrger Tidesson
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2024-01-09 14:53:51

byrgertidesson@iris.to on Nostr: If you think that BlackRock & friends are going to make an ETF on Bitcoin and keep ...

If you think that BlackRock & friends are going to make an ETF on Bitcoin and keep Bitcoin as it is, you're wrong.

They'll use their power to change it and probably will succeed.

What we call Bitcoin today will be called "Bitcoin Classic" or "Bitcoin old" or "Bitcoin POW" or whatever in a few years, and will be worth a small fraction of what's worth today.

Bitcoin will be controlled by BlackRock and Co.

Who controls Bitcoin? They buyers. When there's a single huge buyer, he have an incredible power.

https://x.com/Blockstream/status/1744476921965248905

ETF are an attack on Bitcoin.
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