Any Forums can tell me the financial implications, but what are the political implications?
>Last week, Blackrock announced a partnership with the Nasdaq-listed cryptocurrency exchange Coinbase. The collaboration will “provide common clients of Aladdin and Coinbase access to the digital assets trading lifecycle through connectivity between Coinbase and the Aladdin platform, starting with bitcoin,” Blackrock described.
>In March, Blackrock CEO Larry Fink said his company “is studying digital currencies, stablecoins and the underlying technologies to understand how they can help us serve our clients.” The executive indicated increased client interest for crypto compared to last year when he said in July that his firm saw “very little” demand for crypto assets.
>Meanwhile, Blackrock CIO Rick Rieder has made several bullish statements about bitcoin and crypto. He repeatedly said that the price of BTC could go up significantly. He also said in June that bitcoin and crypto are durable assets. In April, Blackrock launched a blockchain exchange-traded fund (ETF).
Any Forums here, Wall Street is involved with the crypto market since its beginning. They are just shifting over from unknown start ups to the main banks at the moment. The really dystopian cyberpunk mass surveillance system will be done without BTC. BTC is just a trap to rugpull the boomer wealth into big banks.
Luis Perez
It's just fuckery. They are gearing up to introduce CBDC. By showing interest in CoinBase and crypto like Bitcoin they are trying to build a better public image that is more favourable among people. There is an angle here. They are not doing this out of the genuine belief or desire to better people's lives.
Carter Lee
You know what you can do with that type of horsepower?
This is pretty much it. CBDCs with an authoritarian social credit score system is the crown jewel of part of the great reset.
Grayson Ramirez
You wish. You honestly don't understand what got created do you? Not a single clue and that's fantastic.
Julian Lopez
They bought into the Australian gaming sector and have been breaking up Chinese money laundering. Probably going to use their platform to make a secure crypto index fund and leverage regulators to remove the cowboys and scammers.
Henry Richardson
Another way to slam down the price of bitcoin and the rest of the crypto market? They already have been doing that.
Jacob Young
I hope they slowly get lured into Bitcoin and it keeps growing and growing, and then suddenly, one day, Satoshi pulls the rug on them. Fucking kikes.
Charles Watson
Remember the saying brothers:
When they are fearful, be greedy. When they are greedy, be fearful.
They are gonna topple BTC and buy at an even lower price. All these Asset Management companies can perform tricks on markets. They hire chuds who do that their entire life.
Benjamin Howard
ASIC network is like a neuro net in a way. Could be optimized for learning.
Carson Wilson
The kikes are Satoshi.
Luis Russell
>BTC is just a trap to rugpull the boomer wealth into big banks.
Can you elaborate on why you think this? Do you feel the same way about privacy coins like Monero?
Noah Morales
I always heard ASIC machines weren't good for general purpose computing. Is that not true?
Mason Harris
Are they going to dump everything and crash the economy this September for Shmita like usual, or are they going to wait until Sep 2023 cause it's Jubilee this time?
Lucas Baker
(((They))) bought the (((dip))).
Caleb Gutierrez
They are currently "taming" BTC to make it more accessible and safer as an asset class. It will be offered to the broader market as an save haven for this financial turbulent times afterwards. Boomers will bite and money will flow into it, until Satoshi pulls the rug some day. Satoshi is an group of american professors who worked for DARPA,it all started during the late 90s.
Anthony Ward
>They are currently "taming" BTC to make it more accessible and safer as an asset class. It will be offered to the broader market as an save haven for this financial turbulent times afterwards. Boomers will bite and money will flow into it, until Satoshi pulls the rug some day. Satoshi is an group of american professors who worked for DARPA,it all started during the late 90s. Makes sense. What would that rug-pull actually look like though? Satoshi's inactive accounts just start dumping BTC on exchanges?
Jaxson Butler
You are the one who has no clue of what is about to happen. >bis.org/publ/arpdf/ar2021e3.htm You better start believeing in dystopian nightmares, you are in one.
ASIC Processing is better for 1 task. Hence it being used to mine from 1 code...
In the old days vid cards were used because they were powerful but its like comparing a surgery knife with a machete
Isaac Turner
MAJOR sell signal Remember when they got into the housing market and everything crashed 20-50%?
Gavin Bell
That would be the initial phase to get money out, slowly over time. But Satoshi could just change the protocol and increase the number of BTC to infinity, it's possible via a backdoor. But this requires the approval and keys of all Satoshi members or there key holders.
