BlackRock CEO is now promoting crypto and Bitcoin 🚩
(files.catbox.moe)
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They've been bashing it for years and now Blackrock is creating an ETF they now want to promote it.
Fuck you Blackrock. I'll keep my Bitcoin in my cold wallet.
Exactly. This does NOT mean BTC is bad, it means keep it away from these satanic freaks.
They're trying to do to Bitcoin what they did with gold and silver
👍👌
What is the play?
Pump and Dump?
They know something?
Inevitable fiat crash and CBDC failure?
Something else?
I think so...
Fractional reserve theft.
First they deceive you, claiming Bitcoin is not secure and that you need them to secure it for you, their offering, an ETF, which is fake paper Bitcoin, just like fake paper gold, or fake paper houses. Commodities that doesn't exist basically which they can print more of out of thin air.
The idea is simple, you buy their ETF, they take your money and stock up on real Bitcoins, then eventually when the price corrects, goes down a bit and people want to exchange for fiat there's not enough reserves to sell. You're now holding a worthless ETF while they hold a large amount of bitcoins, prices may be down for now but will eventually recover.
ETF's allow them to suppress the price and prevent it from rising, just like they do with gold. A pump and dump on the other hand would involve them buying up commodities then sell it all at once to crash the price, they used to do that before but people are smart enough to hold right now.
Blackrock is going to be a bag holder.