'BlackRock Will Destroy Bitcoin In 2024' (WARNING)

Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)

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[RyanScribner]

Author of "From Side Hustle To Main Hustle To Millionaire" (Available at B&N, Amazon, Library)

[ButchB]

BlackRock can’t own what isn’t for sale!

[ЗунгФам-фф]

Everyone are just mentioning the positive side of BTC ETF. It is good to hear the opposite to be better aware of the possible risks

[hackstarcool]

Unless 51% of bitcoin mining power is owned by a single entity we are good to go

[allenstevens]

The validators, aka the miners, control the network. It order to control Bitcoin you'd have to start a 50% attack. Meaning control 50% of the hash rate.

[johnathangreay]

How? When they can't really buy all 25, 000, 000 bitcoins.

[happynomadic]

Black Rock is a financial juggernaut! If the Bitcoin market has a weakness they will find it!

[Norcaldaddy]

Seems to me that Hayes got what he wanted.. a dip in btc price so that he could accumulate more. This is what his comments were about. Let’s move on

[GenXautrucity]

Ya, I seriously doubt it. The volume alone is why they want this ETF and all this will do is push the price up! Hard to manipulate a finite commodity with demand and people are just going to hold it.

[fertigkippen]

bs

the founder of btc owns a million of all btc and nobody was scared about that

its just adaptation on institutional level

[MrPCtheoriginal]

The rules are the rules. Anyone can own it. No one can control it. Either we live with the rules, or we don't.

[Cheehmoney]

Why would they want to make their own investment in Bitcoin worthless?

[grantdude]

That has to be a joke at the end, right? No way he can be stupid enough to suggest they have enough money to buy the entire Bitcoin supply. It doesn't even make sense. If they even tried to buy a majority of it the price would just shoot up. Not to mention there will be other ETFs besides BlackRock's with their hands in the pot. That's the beauty of it too, if you own any BTC you would inherently want to support the network to keep your assets valuable.

[lqdwzrd]

The idea that they own all the Bitcoin, and for example, say I own the one they don’t have. And then Bitcoin’s going to go down in value? Sounds a little counterintuitive just saying.

[Moore-sp]

Bitcoin is a protype for cbdcs. It was always intended to be centralized

[binwoods]

I’m thinking BRICS currency will be back by oil if it comes to fruition

[TommyBull]

So they will buy an asset to destroy their own investment?

[yosecretsquirrel]

Dont get your panties in a bunch. Its blockchain. It doesnt matter who owns how much. Its not like a stock, there arent any preferred shares or stock take overs. If you are so worried, start your own.

[tourbike]

Do they want retail investors off the bitcoin Blockchain?

[cryptoriumtv]

If they want to destroy BTC why they offering this to there client... And also they cannot own all the btc bcoz u can't on what's not available yet..they need to be mine..and it takesa lot of time to do that ..