>1.5% of ALL BITCOIN THAT WILL EVER BE CREATED is now held by BlackrockWhat are the implications of this
>>58780101that just means that 98.5 % are not owned by them. easy
>>58780101that whoever is planning the long term strategy over at Blackrock is above 110 IQ
how does eurodollar liquidity for chinese goods affect china's relationship with the west?
im just going to assume the price has to go up until the large institutions own most of it because thats how every other asset works
>>58780101>held by blackrockHeld by coinbase for custody. They just make money off fees from retards.
the main implication is that won't let it dump significantly anymore, btc is here to stay
>>58780101im imagining the niggernuke like when i niggernuke a shitcoin with 1.5%
>>58780101blackrock wanted to tame bitcoin, but bitcoin tamed blackrock
>>58780161based niggernuker!
>>58780137and then they dump it to manipulate the markets even more!
they don't own shit, if people press the sell button that number goes downnow saylor's company does really own a fuckload
>>58781000Except IBIT is the only fund that doesnt have outflows. Seems a little strange no?
>>58780138Yea, I don't think blackrock would be that stupid to own crypto. They can definitely hold it for someone else tho. Crypto anything by large institutions will probably set off red flags for SEC and the FBI.
>>58780101They are the custodians anon. They don't own it.
>>58780101wont they just roll back the chain like they usually do things dont go their way?
>>58781055true bro the bitcoin company always roll back the chain they're famous for it
Its simple, Satoshi rugs the BlackRock.
>>58780138coinbase getting hacked or the US government somehow seizing those bitcoins is going to be wild
>>58782105Blackrock controls the US Government, they wont seize their BTC dumbass, they will seize your BTC however, not only that but they will seize all other assets such as stocks, bonds and real estate and your stupid cuck ass won't do shit.
>>58782112>they will seize your BTCits impossible
>>58782112Take your meds sweetie
>>58780101The state of that fucking document
>>58780101That's all? Finkbros... not like this...
>>58780101>What are the implications of thisIn 10 years people will be complaining that Blackrock owns all the Bitcoins while ignoring that we sold it to them for cheap.
>>58780101They own even more of the stock market and yet you invest in it. Hmmm.. curious!
>>58780101It's not like they own them, they hold it for a bunch of people and unlike stock ownership they can't force DEI upon bitcoin
>>58780246kekget fucked, normies
>>58783188$5 wrench, nigga