Please read every line of this fantastic post because if you’re not paying attention you probably should be. Imo this is not a tail risk scenario. For some additional background, Larry Fink started out as an OG Wall Street big swinging dick. In the mid 80s, however, he lost First Boston enough to almost bankrupt them. He apparently then chose to “reform” and do good in the world. Blackrock went on become the behemoth it is in global asset management. Fink set himself up to become essential to all those in power in DC. Less well known is Blackrock’s Aladdin platform which powers its own back end and is sold as a full solution to many of the world’s asset managers. He is in control of a huge slice of the world’s financial investments (with an ESG agenda), the technology that runs them and has many many friends in politics. It is easy to imagine that he would see Bitcoin as a threat. This latest news is a great way to gain some control over this threat:
- he has the clout to get it approved
- the instructional credibility to get money coming in
- once it has accumulated sufficient AUM, the hardfork to “sustainable” and, perhaps, inflatable, Bitcoin, becomes a viable option. After all, it is already widely held…
- true Bitcoin is marginalised
- welcome to the future global reserve currency/CBDC
- enough money spent to finance the re-election of Democrats in 2024 and he holds all the cards
https://en.m.wikipedia.org/wiki/Larry_Fink
https://en.m.wikipedia.org/wiki/Aladdin_(BlackRock)
https://marketrealist.com/p/larry-fink-political-views/
https://www.influencewatch.org/person/larry-fink/
Minik /
npub1vy…actdd
2023-06-17 09:44:06
in reply to nevent1q…agsr
Author Public Key
npub1vy9z7quapzgf5up9mp2pmlzdt80vyelapsrpyytjuq8x7w4x35lssactddSeen on
wss://relay.nostr.bandPublished at
2023-06-17 09:44:06Event JSON
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"content": "Please read every line of this fantastic post because if you’re not paying attention you probably should be. Imo this is not a tail risk scenario. For some additional background, Larry Fink started out as an OG Wall Street big swinging dick. In the mid 80s, however, he lost First Boston enough to almost bankrupt them. He apparently then chose to “reform” and do good in the world. Blackrock went on become the behemoth it is in global asset management. Fink set himself up to become essential to all those in power in DC. Less well known is Blackrock’s Aladdin platform which powers its own back end and is sold as a full solution to many of the world’s asset managers. He is in control of a huge slice of the world’s financial investments (with an ESG agenda), the technology that runs them and has many many friends in politics. It is easy to imagine that he would see Bitcoin as a threat. This latest news is a great way to gain some control over this threat:\n\n- he has the clout to get it approved\n- the instructional credibility to get money coming in\n- once it has accumulated sufficient AUM, the hardfork to “sustainable” and, perhaps, inflatable, Bitcoin, becomes a viable option. After all, it is already widely held…\n- true Bitcoin is marginalised \n- welcome to the future global reserve currency/CBDC\n- enough money spent to finance the re-election of Democrats in 2024 and he holds all the cards\n\nhttps://en.m.wikipedia.org/wiki/Larry_Fink\n\nhttps://en.m.wikipedia.org/wiki/Aladdin_(BlackRock)\n\nhttps://marketrealist.com/p/larry-fink-political-views/\n\nhttps://www.influencewatch.org/person/larry-fink/",
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