sms on Nostr: BlackRock suggesting a 1-2% allocation to #Bitcoin isn’t bearish It’s a clear ...
BlackRock suggesting a 1-2% allocation to #Bitcoin isn’t bearish
It’s a clear signal of how early we are in #BTC adoption.
Why wouldn’t the largest #Bitcoin ETF push for a higher allocation?
The answer lies in pragmatic, early-stage adoption.
Right now, the goal isn’t to pump bags but to convince as many people as possible to take their first step into #BTC.
With time and validation, BlackRock’s recommendation will likely grow, and this is why I find their approach so bullish.
Instead of the cyclical, hype-driven FOMO we’re used to, this could evolve into a steady, sustained form of FOMO.
As new investors dip their toes into #Bitcoin, many will experience its price action for the first time.
For most, price may be their only exposure to #BTC this cycle.
This raises interesting questions about what it means to be a “Bitcoiner” in this new era:
Does being a Bitcoiner require transacting on-chain?
Is someone stacking wrapped fiat tokens contributing less than someone prioritizing self-custody?
We’re witnessing the infancy of #Bitcoin as an asset, yet its importance is undeniable and still growing.
And here’s the kicker:
It’s not too late, you can still front-run the 99.55% of global wealth that isn’t yet in #Bitcoin.
It’s a clear signal of how early we are in #BTC adoption.
Why wouldn’t the largest #Bitcoin ETF push for a higher allocation?
The answer lies in pragmatic, early-stage adoption.
Right now, the goal isn’t to pump bags but to convince as many people as possible to take their first step into #BTC.
With time and validation, BlackRock’s recommendation will likely grow, and this is why I find their approach so bullish.
Instead of the cyclical, hype-driven FOMO we’re used to, this could evolve into a steady, sustained form of FOMO.
As new investors dip their toes into #Bitcoin, many will experience its price action for the first time.
For most, price may be their only exposure to #BTC this cycle.
This raises interesting questions about what it means to be a “Bitcoiner” in this new era:
Does being a Bitcoiner require transacting on-chain?
Is someone stacking wrapped fiat tokens contributing less than someone prioritizing self-custody?
We’re witnessing the infancy of #Bitcoin as an asset, yet its importance is undeniable and still growing.
And here’s the kicker:
It’s not too late, you can still front-run the 99.55% of global wealth that isn’t yet in #Bitcoin.