Everyone who says Blackrock will control Bitcoin fails to fully think through the game theory.
If Blackrock has say $1 Trillion in their ETF, the bounty on the heads of the key holders in their multisig is.. $1 Trillion
Not $1 Trillion insurable dollars backed by the full faith and credit of the US Empire and the money printer. But rather $1 Trillion worth of liquid Bitcoin which can be permanently and irrevocably moved to someone else’s control in one block’s time.
The world isn’t ready for Bitcoin going parabolic.
stacksatsio / StackSats.IO
npub10j…lvcrd
2024-09-10 08:18:57
in reply to nevent1q…xvw0
Author Public Key
npub10jnx6stxk9h4fgtgdqv3hgwx8p4fwe3y73357wykmxm8gz3c3j3sjlvcrdPublished at
2024-09-10 08:18:57Event JSON
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"pubkey": "7ca66d4166b16f54a16868191ba1c6386a976624f4634f3896d9b6740a388ca3",
"created_at": 1725956337,
"kind": 1,
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"content": "Everyone who says Blackrock will control Bitcoin fails to fully think through the game theory.\n\nIf Blackrock has say $1 Trillion in their ETF, the bounty on the heads of the key holders in their multisig is.. $1 Trillion\n\nNot $1 Trillion insurable dollars backed by the full faith and credit of the US Empire and the money printer. But rather $1 Trillion worth of liquid Bitcoin which can be permanently and irrevocably moved to someone else’s control in one block’s time.\n\nThe world isn’t ready for Bitcoin going parabolic.",
"sig": "08cc35d5f07551f5b382de30c8990da8d6e08493d7d894f4fbd6d7ec476ac1a6a4a8fb674d08ab8aac07af3c3db3639a90a4e030d7aabfbcae4d84d239219050"
}