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100 sats \ 1 reply \ @go 11 Aug 2022
“bitcoin has caught the attention imagination of many people“ “we think bitcoin is real“
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Lol… ya this stood out to me. I mean… how long has it been?
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Interesting to look back at this considering Blackrocks recent moves into Bitcoin
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Very bullish for BTC... like maybe one of the most bullish things that has happened recently. Bigger deal than a retail spot ETF.
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It doesn't seem obviously better to a retail spot ETF to me, but it is a huge deal given how bloated BlackRock is.
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Having a clear runway for institutions to put BTC on their books is huge.
A spot ETF so big for 401ks/IRAs…for retail exposure.
We need both…
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Is this to compte with that other paper shitcoin Gbtc?
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"Does it change the need for dollar reserve as a reserve currency if there was a true digital currency"? Is it because Blackrock CEO thinks the answer to his question is yes why they have launched a Bitcoin private trust?
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So much for being "an index of money laundering", eh?