My 2 Satoshis on the whole BlackRock and Coinbase marriage:

Please put your tinfoil hat on, because this is all just speculation, but it came to me after reading about this little partnership between BlackRock and Coinbase, and it's something I've been predicting for awhile now.

I believe this is no coincidence, especially after this little war with most of the big boys in the cryptocurrency space and the Securities and Exchange Commission recently.

What I mean is, I think Coinbase being lumped in with the rest was just a ploy by Gensler and his fellow cronies to pretend that they were after them too, all the while setting them up for success in the long-term with the likes of BlackRock and no doubt other entrenched financial giants of old going forward to knock out the competition in order to pave the way for the inevitable success of Coinbase, and maybe even all of the big institutions that have guys like Gary in their clutches.

The big Wall Street giants have been salivating over the cryptocurrency space for a long time now, and they want in, but not without regulations that will only benefit them, their partners, the politicians, and the powers that be who will prosper from this marriage of old ways finance and the new.

I would write more, but unfortunately I am at work and cannot, but I've pretty much summed up my thoughts above. I will start commenting later when I get off, but please feel free to chime in with your own opinions, because this really needs to be discussed and elaborated on. Thank you in advance for all that you have to add, and thanks for contributing.