Forbes says Blackrock could use its upcoming ETF to buy all the BTC, force miners to close shop, and force us little guys back into the fiat game.
My take: Although Blackrock will use client capital to become a bitcoin whale, they will never own all of it - meaning there will always be a market. And their options are to a) sell back to the market, directly supporting it or b) hold, directly supporting active bitcoin scarcity, and therefore indirectly supporting its market.
TLDR: I bought more bitcoin today, you should too.
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