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0 sats \ 2 replies \ @Hypnagog OP 4 Oct 2023 \ parent \ on: Blackrock's gameplan bitcoin
Why would institutional investors (banks , pension funds, etc etc) sell their shares if blackrock is following the KYC (read: can't be used for evil evil money laundering and all the darkweb things)? We are talking about capital to orders of magnitude much higher than the last blocksize wars here....
Also a very different clientele. You think etf investors will care about freedom?
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415 sats \ 1 reply \ @byzantine 4 Oct 2023
yes i do. they want a price proxy for btc. and freedom btc will be worth more in the long term than non freedom btc
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0 sats \ 0 replies \ @Hypnagog OP 5 Oct 2023
Its all theoretical. However I do think the bitcoin community is underestimating the reach of institutional power.
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