I’ve been worried about this for awhile. What’s stopping any government from money printing and aping into BTC for control? Or any company and/or whale from gaining control? I know a lot of people only care about “price goes up”, whereas some of us like the control over our own money and the fundamental purpose of why Bitcoin was created.
If you cared about having control over your money you would have chosen Bitcoin Cash. But you chose number go up and this is the result. The good news is it's not too late to at least diversify some of your stack to BCH to hedge your bets. BCH is a backup and a real time A-B test of which fork made the right decision. Big blocks or small blocks? BTC is currently in the lead, but we have another 7 billion people to onboard, this experiment is going to go on for a long time.
when any goverment do that, ordinary people who believe in btc, sell the coin and then with enough people, people create an exactly same btc copy and buy that so goverment cant get control anything which can be copied because actually, btc is not the goverment want to control, it is the value people care about. without that, doesnt matter if US buys all the btc.
It's too late. The cat is out of the bag. Remember only 21 million can ever exist and we're already past 19 million. It's spread all over the world amongst a few hundred million people already. No one is ever going to control most of bitcoin.
its absolute for the original bitcoin / bitcoin blockchain. maybe not if they launch their own fork but who cares already happened w bitcoin cash / bitcoin sv
When an asset gets important, it's going to intertwine with the current system. There is no getting away from it. Bitcoin will always have its properties of being a store of value, finite, immutable and transportable, peer to peer network and these are the traits that give it immense value.
@@SP-cx2qi crypto isn't finite, only bitcoin is! The higher it gets, the more of its value it will bleed into altcoins. So in reality, bitcoin isn't finite only on paper
I see Bitcoin ETF as a revolutionary move in finance. Bought a lot in February, recently sold $200,000 worth for cash. If you missed this, listening to bad news all year cost you some incredible profits.
we should sell our btc to blackrock and then create our own copy btc and advertise that for the public so people change their interest to sink blackrock. with this way, they can not buy again and again everytime when people's interest change :D
Has this really only just occurred to most people? 😂 They've taken 5% of the supply in ONE year. That before the Bear Market allows them to buy at a 70% plus discount 😂 Slow road to centralization is occurring.
Not true. A mining operation costs millions of dollars. it's gone to the point that only huge industries can actually make it any profitable. And it's 100% unrealistic to have an asics turned on all day in your house. That thing is LOUD AS F.
Why can't it be restricted that the mining power cannot be more than so much capacity, and if noticed to posses higher mining power, that node need to be banned
By running a node. If possible, use your node to mine. If you can write software, write your own Bitcoin node. If you do all three, you're in complete control.
I was about to say that. I would never accept a new fork of that nature on my node. I would stay on the existing network... my concern is if they bundle this change with a quantum-proof update/fork so you are compelled to accept the changes. I would hope the core devs update the OG repo too. If not someone else should.
Something created for the people becomes something for a few people, who virtually distribute it as pretend BTC in the form of corporate shares or paper BTC. Again, you will own nothing and be shafted.
Any major change in the BTC core need to be voted by node maintainers and miners, developers has no control, developers can propose another version of BTC core, but whose that run the nodes vote if will be adopted or not. And, most of the nodes are run by BTC OG's, BlackRock can bribe whoever they want, can fork the shit out of BTC, the actual BTC blockchain will ultimately win because all OG's will run it. If BlackRock want to dump BTC's from current blockchain will collapse the price for some time, but no one will adopt the BlackRock version, ultimatelly BlackRock will have a BTC blockchain clone that will be used to censor, at the end of the day everyone that moved to the BlackRock version will come back to the uncensored one. Another thing is that the majority of miners are in the OG's hands, so the actual version will have the most hashing power.
Great Video, Thanks! Now I understand why when BlackRock issued their request to approve their ETF, anyone can read, they were allowed to change the protocol to prove of stake! They're committed to the ESG referendum. I hate that most of the Bitcoin is currently centralized and owned by US large institutes (the ETFs, MSTR and so). I think they want to end Bitcoin and the crypto industry.
As well after seing your video I recall that Blackrock alredy stated that 5% of their gaining of the ETF will be given to BTC core developers! Amazing how the domino is now so clear after this great Video!
When ANY ASSET reaches a certain size, it always gets financialized. Y'all "crypto bros" would have known this if Y'all were actually financially literate... this goes even for the "alt coins."
When cbdc's are introduced, governments can rule out sale of btc and other crypto and even gold for cbdc's which means crypto can only survive if it can be used like cash today.
Blackrock will get control. If core is compromised, too many will just follow along. Then institutions will suck all the value out parasitically. Abandon ship will you can. Spread your funds among next generation L1s. Remain agnostic, not loyal to just one chain.
FUD. The genie is already out of the bottle. Even if Blackrock forked and made their ETFs support the fork, it's still too small a percentage of the total bitcoin spread throughout the world. AND Blackrock has already publicly stated multiple times now that Bitcoin is good for the environment not bad, and so ESG is no worries.
Eventually, regardless of how profitable it was, the crypto community will have to accept that ETF’s or any other alignment with fiat institutions was a bad decision. We should have built our own decentralized systems and supported them. Instead we chose to polarize the market.
Great analysis. I think the fact that new cryptos can replace Bitcoin if BTC becomes heavily manipulated should give us leverage. We can just switch tokens.
All the other nations that are mining will have to agree with BLACKROCK. NATIONS are never aligned 😂. Every nation will have its own self-interest.So it wouldn't be a good move.
Let them control the Bitcoin network. Its laughable if they think that 1 MB of data storage every 10 minutes at this crazy amount of energy expense is the future. And no, just compressing the data coming from a second layer to be send to the Bitcoin network doesn't scale it either. When they shard themselves ....it stinks.
An excellent expośe, Nick. As a first cycler, when I first heard of a potential BTC forking (well before the ETFs were proposed, or introduced) I could see the implications. I just could not see the dynamics. This clarifies it, with elegance. However, you neglected to give examples how the average Bitcoiner can assist in this prevention 🤨
That is insanely bullish for Cardano. Also..when than fork happens I wonder if the total crypto market still be pegged to BTC's pricemovement or will it break free forever 🤔
The #1 issue for Bitcoin is it’s ability to be a consistent store of value because of market manipulation which can only be somewhat contained with centralization.
From $7K to $85K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I can relate to you. I decided to trade so that I won't have to depend on the employer for my paycheck. Learning the market has definitely been a challenge.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’BRITTNEY COHEN ROSE ” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Question: If the major miners eventually use hardware that censors certain participants, won't other minors still process those transactions? If so, that means the miners that force censorship will simply lose out on processing a large number of transactions. It seems like the end result is the large miners missing out, the small miners gaining more transactions, and EVERYONE still getting their transactions completed.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Hopefully with time, Bitcoin ETF holders will grow their awareness levels of Bitcoin values and move to real BTC holding (instead of paper-BTC) thus decreasing the power of these giants. This is not impossible to imagine as debt-backed fiat currencies will cause more and more havoc in the future. Thanks CB for delivering another great educational content! 🧡
definitely not impossible, but it’s important to consider that most of these funds are probably in people’s retirement, pension, etc. that means you can’t directly own BTC, but you can own a slice of the BTC ETF
Ever since they launched BTC futures the plan has been to corner the market using paper BTC derivatives. Just like they have done with precious metals for the past 30 years
exactly, i think we should buy new btc with exact same features if anything bad happens. However, we need someone trustworthy to make it happen so people buy it like one of btc og's, maybe adam back or someone. we shuld dump btc and blackrock cant buy again and again everytime new btc rises. maybe time to time, dev team should frok the chain keep things unstable so blackrock doesnt buy. we ordinary people dont care about it but big firms care..
You work for 40 years to have $1 million in retirement, while other people just invest $10,000 in a meme coin for a few months and are now billionaires. I pray that everyone reading this succeeds in life.
You make it sound waaaaaaaay WAAY easier than it really is heh. The reality is 90% or more people would lose all their money on most meme/shitcoins. You need a ton of luck to get millions or (like you stupidly say) , billions
No, being a small blocker is the reason you will lose. Bitcoin was meant to be peer to peer electronic cash that spread organically amongst peers. as soon as you limited the blocks, you destroyed the incentive to hold it yourself.. this is the end result.
The price of BTC in FIAT will always rise because it is a fixed supply vs printable FIAT. At the absolute least it will rise purely by the true inflated value of a FIAT currency and so its base value alone would be an inflationary hedge meaning people will always store at least some percentage of their wealth in BTC for stability.
Ethereum "Classic" did not fork from Ethereum after the DAO hack, it was the other way around. ETC is the original immutable chain. Today's ETH is the new fork
I’m guessing that with each day, more and more people wake up to the true beauty that is the original Bitcoin and seek to protect it. And on the flipside, I’m guessing Blackrock’s forked ETF won’t have a chance at any kind of attractive return to investors. Fink would be killing the golden goose trying to control Bitcoin.
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I’ve been worried about this for awhile. What’s stopping any government from money printing and aping into BTC for control? Or any company and/or whale from gaining control?
I know a lot of people only care about “price goes up”, whereas some of us like the control over our own money and the fundamental purpose of why Bitcoin was created.
If everyone does it no one will have control
If you cared about having control over your money you would have chosen Bitcoin Cash. But you chose number go up and this is the result. The good news is it's not too late to at least diversify some of your stack to BCH to hedge your bets. BCH is a backup and a real time A-B test of which fork made the right decision. Big blocks or small blocks? BTC is currently in the lead, but we have another 7 billion people to onboard, this experiment is going to go on for a long time.
@ a fake coin 🤡
when any goverment do that, ordinary people who believe in btc, sell the coin and then with enough people, people create an exactly same btc copy and buy that so goverment cant get control anything which can be copied because actually, btc is not the goverment want to control, it is the value people care about. without that, doesnt matter if US buys all the btc.
It's too late. The cat is out of the bag. Remember only 21 million can ever exist and we're already past 19 million. It's spread all over the world amongst a few hundred million people already. No one is ever going to control most of bitcoin.
Blackrock already mentioned in a footnote that the 21million limit on BTC is not absolute. They are showing their hands.
i was reading that too, just a couple days ago.
not guaranteed ..
Can you post a link… this is so concerning 😢
Asked just this on Bitcoin University and he made a video about this: ua-cam.com/video/SELIntC5aRI/v-deo.htmlsi=lQ3E0oljECIMNUQH
its absolute for the original bitcoin / bitcoin blockchain. maybe not if they launch their own fork but who cares already happened w bitcoin cash / bitcoin sv
I think huge monopolies are potentially bad for Bitcoin. BlackRock can influence price. Simple as that.
I think these huge monopolies might even cost BTC its no1 spot by market cap
Remember Blackrock dont own the bitcoin, it belongs to their customers
When an asset gets important, it's going to intertwine with the current system. There is no getting away from it. Bitcoin will always have its properties of being a store of value, finite, immutable and transportable, peer to peer network and these are the traits that give it immense value.
@@SP-cx2qi crypto isn't finite, only bitcoin is!
The higher it gets, the more of its value it will bleed into altcoins. So in reality, bitcoin isn't finite only on paper
They can also influence gold, so I guess gold is worthless too 🤷♂️
I see Bitcoin ETF as a revolutionary move in finance. Bought a lot in February, recently sold $200,000 worth for cash. If you missed this, listening to bad news all year cost you some incredible profits.
If Black rock makes that mistake..those who will BUY the original BTC will win
Exactly.
Yes but btc will crash hard
You just buy real BTC with your BR BTC and enjoy twice as much BTC...
we should sell our btc to blackrock and then create our own copy btc and advertise that for the public so people change their interest to sink blackrock. with this way, they can not buy again and again everytime when people's interest change :D
Wishful thinking...😂
Eye opening. Picture a Federal BTC reserve with Blackrock controlling its viability.
@@warrenturpin4641 “You either die a hero or live long enough to become a villain”
Yea
Now imagine every industry in the states largest shareholder😂
Its Crazy
its called 2025 with Trump...
Just like Federal reserve and US government.
This is the future of the monetary system.
Has this really only just occurred to most people? 😂 They've taken 5% of the supply in ONE year. That before the Bear Market allows them to buy at a 70% plus discount 😂 Slow road to centralization is occurring.
Not really. The price will just go up, so the ETFs will have diminishing additions in number of Bitcoin.
Not even a full year. Roughly 6 months.
@Lewis-me7jr bloody hell, has it really been! 💀
@ actually it has been almost a year. Not sure why I was thinking the ETF got approved in June. It was January. A year is still crazy though.
And...not widely known. That with 5% of anything that think can then be controlled.. not my knowledge...Just read about recently
This is why governance protocols are so important.
Don’t buy ETF own your Keys, this is how.
Life is really becoming the movie The Matrix. Imagine soldiers and agents kicking in doors to take nodes to take over Bitcoin.
They wouldnt need to. They would just need to pass a law saying running nodes is illegal.....or a national security concern.
Not all nodes are in the US.
@@tovarco you can't enforce that. It's like making weed illegal. Didn't work.
“Silk Road “
Fascinating. There is always something more to learn.
If every retail BTC investor ran a miner it would limit their control
And if everyone wouldn’t harm anyone else we would have world peace
Not true. A mining operation costs millions of dollars. it's gone to the point that only huge industries can actually make it any profitable.
And it's 100% unrealistic to have an asics turned on all day in your house. That thing is LOUD AS F.
remember when you could solo mine btc? those were the good ol days. Now its been hyjacked by institutions 🤦🏼♂️
Even Kaspa is now being mined by bitcoin miners with spare capacity.
Why can't it be restricted that the mining power cannot be more than so much capacity, and if noticed to posses higher mining power, that node need to be banned
Wut? The only call to action is "lets make sure ot doesnt happen" but HOW? this whole episode is left hanging
Should we be buying stock in other, more ideologically minded investors like microstrat?
By running a node. If possible, use your node to mine. If you can write software, write your own Bitcoin node. If you do all three, you're in complete control.
@@carloni1997 that doesn't stop the takeover from BlackRock though. Not at all
If we could only get all people to buy Bitcoin and take the majority away smh
part of the solution is we buy aggressively and increase node count aggressively
Sad part is most retailers panic sell at a loss. The institutions and govt are smart enough to see this.
17:15 i don’t think that’s true coz nodes would never follow developers’ new btc code.
you got it.
It's as simple as that, but somehow people just love this kind of doom punditry.
It's nice to see someone actually understand how Bitcoin works.
I was about to say that. I would never accept a new fork of that nature on my node. I would stay on the existing network... my concern is if they bundle this change with a quantum-proof update/fork so you are compelled to accept the changes. I would hope the core devs update the OG repo too. If not someone else should.
@ don’t you get ask wheather or not you want an update to btc when that happens. And can’t you say no even if it’s quantum?
Something created for the people becomes something for a few people, who virtually distribute it as pretend BTC in the form of corporate shares or paper BTC. Again, you will own nothing and be shafted.
Any major change in the BTC core need to be voted by node maintainers and miners, developers has no control, developers can propose another version of BTC core, but whose that run the nodes vote if will be adopted or not.
And, most of the nodes are run by BTC OG's, BlackRock can bribe whoever they want, can fork the shit out of BTC, the actual BTC blockchain will ultimately win because all OG's will run it.
If BlackRock want to dump BTC's from current blockchain will collapse the price for some time, but no one will adopt the BlackRock version, ultimatelly BlackRock will have a BTC blockchain clone that will be used to censor, at the end of the day everyone that moved to the BlackRock version will come back to the uncensored one.
Another thing is that the majority of miners are in the OG's hands, so the actual version will have the most hashing power.
Finally some intelligent refreshing comment in this section. Thank you
Just pay off OG's, just because they've been around since the beginning doesn't mean that money can't make them change their mind
This should be the top comment.
I said that the moment they launched the ETF. It's always about control.
Great Video, Thanks! Now I understand why when BlackRock issued their request to approve their ETF, anyone can read, they were allowed to change the protocol to prove of stake! They're committed to the ESG referendum. I hate that most of the Bitcoin is currently centralized and owned by US large institutes (the ETFs, MSTR and so). I think they want to end Bitcoin and the crypto industry.
As well after seing your video I recall that Blackrock alredy stated that 5% of their gaining of the ETF will be given to BTC core developers! Amazing how the domino is now so clear after this great Video!
Been calling a Blackrock rug pull since the ETF was announced.
Yep because they own the largest miner in the US Marathon
When ANY ASSET reaches a certain size, it always gets financialized. Y'all "crypto bros" would have known this if Y'all were actually financially literate... this goes even for the "alt coins."
@@ChristopherR1981 bingo. thank you.
ua-cam.com/video/SELIntC5aRI/v-deo.htmlsi=lQ3E0oljECIMNUQH
@@ChristopherR1981 Maybe people shouldn't put their hopes on any one currency, but diversify instead?
Blackrock and Vangaurd are custodians, not owners of the shares you refer to.
The ETF is irrelevant. You can be sure those companies have a wallet(s) and own actual BTC. They wouldn’t pass up such a profitable thing.
Fud fud fud 😢😢😢😢
Tulips, tulips, tulips 😂
One day retail will fork bitcoin and distribute the bitcoins held by ETFs to the public 😂
If that happens: sell on both chains, double your stack, buy back in the chain you prefer. I can’t wait for that to happen! 😂
like i did w bitcoin cash
Kaspa is digital decentralized currency
The same thing they’re trying to do with bitcoin, they’ll do with kaspa unfortunately
YES. Kaspa is the one and only solution to the scalability problem. The only model which solves the trilema.
I heard that mining Kaspa is and will become less and less profitable
@virtueorvice nah, do some research! It's pretty genius
lmao do some research. funny af.
More FUD...
Lol yea ok.
When cbdc's are introduced, governments can rule out sale of btc and other crypto and even gold for cbdc's which means crypto can only survive if it can be used like cash today.
Blackrock will get control. If core is compromised, too many will just follow along. Then institutions will suck all the value out parasitically. Abandon ship will you can. Spread your funds among next generation L1s. Remain agnostic, not loyal to just one chain.
Yep.
Cardano
Cardano
ICP is the way
@ I actually like ICP. It will be part of my long term strategy, along with Algorand and others.
FUD. The genie is already out of the bottle. Even if Blackrock forked and made their ETFs support the fork, it's still too small a percentage of the total bitcoin spread throughout the world. AND Blackrock has already publicly stated multiple times now that Bitcoin is good for the environment not bad, and so ESG is no worries.
Eventually, regardless of how profitable it was, the crypto community will have to accept that ETF’s or any other alignment with fiat institutions was a bad decision. We should have built our own decentralized systems and supported them. Instead we chose to polarize the market.
Great analysis. I think the fact that new cryptos can replace Bitcoin if BTC becomes heavily manipulated should give us leverage. We can just switch tokens.
Agreed!
If BlackRock forks BTC, it will end up like BCH
Exactly. The people will win. Will blackrock really want to put their investment on behalf of their customers at risk.
@@SP-cx2qi The people will not win. This is why big blocks are so important to keep bitcoin decentralized.
@@Fanta.... u are talking defeatist talk u might as well go buy u a XRP/CBDC coin🤦🏿♂️😂😂
it is still possible to cencor btc if they buy shares from bitmain. I think we need more producers of mining equipment.
All the other nations that are mining will have to agree with BLACKROCK. NATIONS are never aligned 😂. Every nation will have its own self-interest.So it wouldn't be a good move.
This is the safest investment in crypto, no more paper hands! 🧠💎
Let them control the Bitcoin network. Its laughable if they think that 1 MB of data storage every 10 minutes at this crazy amount of energy expense is the future. And no, just compressing the data coming from a second layer to be send to the Bitcoin network doesn't scale it either. When they shard themselves ....it stinks.
This is prophetic. The way BlackRock buy in big and pullout big to destabilise the market is very concerning.
Top level education 💯
Oh, the sky is falling.
The ETFs hold BTC for investors, BlackRock and alike do not own the BTC, stop this bullshit of concentration risk!
You guys are the best.
Folks at DOGE need to watch this to help it never happening.
An excellent expośe, Nick. As a first cycler, when I first heard of a potential BTC forking (well before the ETFs were proposed, or introduced) I could see the implications. I just could not see the dynamics. This clarifies it, with elegance.
However, you neglected to give examples how the average Bitcoiner can assist in this prevention 🤨
I want to start investing but need guidance on how to invest in Bitcoin, any help or advice for assistance?
That is insanely bullish for Cardano. Also..when than fork happens I wonder if the total crypto market still be pegged to BTC's pricemovement or will it break free forever 🤔
It would so nice if the other coins decouple!
Good question 🤔
Asset managers like BlackRock, State Street, and Vanguard seem too big to exist. Is there any good reason not to split them up?
The #1 issue for Bitcoin is it’s ability to be a consistent store of value because of market manipulation which can only be somewhat contained with centralization.
whats the alternative? this is very real and concerning
Never been so enthralled in a youtube preseneter.... did there use tonbe another Guy doing this ;)
Merry Christmas you 3 wonderful ppl x
Everyone with anything in crypto should see this
pulled my money after i watched this
@@reneb3063😂😂😂
@@reneb3063 lol seriously?
@you withdrew your crypto?reneb3063
This will never happen
From $7K to $85K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I can relate to you. I decided to trade so that I won't have to depend on the employer for my paycheck. Learning the market has definitely been a challenge.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’BRITTNEY COHEN ROSE ” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Blackrock rely on BTC rising price so their customers buy into their etfs. They won’t mess with the supply or try to manipulate the market.
I love you FUD spreaders.. keep it up.. I know you'll buy the dip
Controlled opposition ☝
Answer is Monero. No institution can ever take over XMR.
This was going to be my comment lol. The only anarchist coin left.
The creator of xmr was compromised
Tell me about that verified supply, lol
Yes they can with the pen and paper legislation
@@christopherdouglas7606 why would XMR's code care about papers? It hasn't yet, and never will.
Question: If the major miners eventually use hardware that censors certain participants, won't other minors still process those transactions? If so, that means the miners that force censorship will simply lose out on processing a large number of transactions. It seems like the end result is the large miners missing out, the small miners gaining more transactions, and EVERYONE still getting their transactions completed.
Really valuable video 👍
My node will make whatever coin I can produce for the most profit. But also invest in everything I use. And do that makes a coin
If Black Rock sold all its shares and then all the people who own Bitcoin buy those shares it should act as a counterweight.
If aany of this will happen, the price of BTC will dump. Many will leave. Also ETF holders. That is not in the interest of Blackrock.
Secret plan? Did anybody really not see this coming? 😂😂😂
Mintlayer, Subquery, Swarm, Iron, Dojoswap 🎉🎉
That would be BlackRock suiside if ETF holders sold and bought the undervalued OG Bitcoin BlackRock sold off 😂😈
if i own 50 percent of all the gold. why would i want there to be a gold 2.0? how does it even make sense.
13:32 i don't think its that high?? but its still here in China
Is it worth holding polygon still cz I'm holding 3k worth of it and I'm not seeing any price movement
As usual, ordinary people will succumb and greed and therefore the system will win.
Geez 😳🤯
BR villain in crypto world. Avoid it like the plague
Eye opening info.....thanks 🙌🙌🙌
It's not blackrock bitcoin. They buy on behalf of their customers.
Everyone has to vote for that to happen. Won’t happen
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires.
I pray that anyone who reads this will be successful in life
Hopefully with time, Bitcoin ETF holders will grow their awareness levels of Bitcoin values and move to real BTC holding (instead of paper-BTC) thus decreasing the power of these giants. This is not impossible to imagine as debt-backed fiat currencies will cause more and more havoc in the future. Thanks CB for delivering another great educational content! 🧡
definitely not impossible, but it’s important to consider that most of these funds are probably in people’s retirement, pension, etc. that means you can’t directly own BTC, but you can own a slice of the BTC ETF
Ever since they launched BTC futures the plan has been to corner the market using paper BTC derivatives. Just like they have done with precious metals for the past 30 years
If they do this it will destroy btc..and people will leave and go somewhere else.
exactly, i think we should buy new btc with exact same features if anything bad happens. However, we need someone trustworthy to make it happen so people buy it like one of btc og's, maybe adam back or someone. we shuld dump btc and blackrock cant buy again and again everytime new btc rises. maybe time to time, dev team should frok the chain keep things unstable so blackrock doesnt buy. we ordinary people dont care about it but big firms care..
I like tha plain and straightforward way of presentation by guy the most. Nevertheless you do a great job as co host as well.
Why didn`t you went down the rabbit hole of blockstream gettin seed funded by AXA with 55 mio and the involement of blackrock in AXA???
thanks Thor
the man with the deepest pockets, has most influence/control & eventually his advantage wins again….so what's new🙄?
Just say it! Cardano! Never hacked, POS, decentralized
Greed and bait leads the early adopters of the Beast system...
Good that miners can also run validator nodes.
Right. You'll never be able to 'work around' the enemy by some cringe nerd idea like digital coins. You have to defeat them.
Explains why BTC split and BCH kept the original White papers
so how do we make sure this never happens?
You work for 40 years to have $1 million in retirement, while other people just invest $10,000 in a meme coin for a few months and are now billionaires. I pray that everyone reading this succeeds in life.
You make it sound waaaaaaaay WAAY easier than it really is heh.
The reality is 90% or more people would lose all their money on most meme/shitcoins.
You need a ton of luck to get millions or (like you stupidly say) , billions
This is a bot comment, I’ve seen it before
Bro only devs earn that much retails are all down exept few lucky ones
We fought so hard to be small blockers just to lose. Nobody will ever understand how bad the etfd truly are😢
No, being a small blocker is the reason you will lose. Bitcoin was meant to be peer to peer electronic cash that spread organically amongst peers. as soon as you limited the blocks, you destroyed the incentive to hold it yourself.. this is the end result.
When the plebs rise, the system will always beat you down again. Stay in your lane.
Blackrock and Micro strategy are working together … no fork happening
A simpler problem is that after the price of BTC stops rising there is no incentive to hold.
😂
The price of BTC in FIAT will always rise because it is a fixed supply vs printable FIAT. At the absolute least it will rise purely by the true inflated value of a FIAT currency and so its base value alone would be an inflationary hedge meaning people will always store at least some percentage of their wealth in BTC for stability.
Eventually BTC will be the metrics for assets
It's going up forever Laura
Once the price stabilises it will be held as a store of value
8:44 again. Show us YOUR node and miners.
And that’s why meme coins will over take btc , Bitcoin was supposed to be for the people not for corporation
@ exactly! People will understand the power of the people soon enough
I don't think the dao hack was stolen goods. They exploited a vulnerability. Big difference
FANTASTIC content.
Ethereum "Classic" did not fork from Ethereum after the DAO hack, it was the other way around. ETC is the original immutable chain. Today's ETH is the new fork
LRT feels like it’s building up to something big-might want to look into it.
This is how blackrock falls, lets goooooooo
if we buy aggressively, and expand the node count aggressively, we can lock them in. check mate.
I’m guessing that with each day, more and more people wake up to the true beauty that is the original Bitcoin and seek to protect it.
And on the flipside, I’m guessing Blackrock’s forked ETF won’t have a chance at any kind of attractive return to investors. Fink would be killing the golden goose trying to control Bitcoin.
So buy Blackrock stock? 😅
You can’t afford it