ODELL on Nostr: there is no need to fear a blackrock etf if you are holding bitcoin yourself - a key ...
there is no need to fear a blackrock etf if you are holding bitcoin yourself - a key value prop of bitcoin is that owning more bitcoin does not give you greater control of the network - blackrock may play paper bitcoin games, if they do they will get rekt - blackrock may try to fork the bitcoin protocol, if they do they will get rekt
blackrock is the largest fund manager in the world - a bitcoin trust with their name on it is unequivocally bullish - this is not priced in yet
- anyone can fork
- blackrock may try to fork bitcoin
- a centralized fork will be valued less than sovereign bitcoin by market participants who trade fork coin for bitcoin
- those stuck in custodians will learn an expensive lesson on custodial risk
- freedom tech working as designed
- stay humble and stack sats, hold your own keys, use your own node
Published at
2023-06-20 13:07:17Event JSON
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