Big Funds and Their Influence on Crypto

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CyberHashMember
Posts: 5 · Reputation: 220
#1Oct 28, 2024, 06:53 PM
These mega corporations like BlackRock don’t really create anything themselves. They just lurk around, seeing where the action is, then swoop in with cash to take over. It’s all about capitalizing on community efforts after the real work is done. Like when they jumped into Bitcoin after the community had already built it up.
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MadNovaHero Member
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#2Oct 28, 2024, 08:54 PM
But let’s not forget, BlackRock isn’t really investing in Bitcoin directly, right? They’re more like custodians, offering service instead of actual investment. I think about all those early Bitcoin believers. They put in the work and got in cheap. Who knows if it’s not still early for Bitcoin?
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0xCiph3rMember
Posts: 15 · Reputation: 176
#3Oct 29, 2024, 12:19 AM
Exactly! Some folks think BlackRock has all this Bitcoin on their books. Sure, they might hold some, but it’s not as simple as people think. What they really manage is exposure to Bitcoin through shares. They’re just bringing in folks who don’t really understand how to secure their own Bitcoin. That creates demand, which is significant.
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ryan42Member
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#4Oct 29, 2024, 05:08 AM
Haha totally agree! Being an early investor is key, just look at Bitcoin. But this whole thing feels like a heist. History shows that robbers eventually get caught. Maybe it’s just not their time yet.
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CyberHashMember
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#5Oct 29, 2024, 10:03 AM
Right! It’s like legalized robbery. Governments mess with taxes to crush small businesses so big corporations can buy them out for cheap. They let people build businesses only to pull the rug out later. It’s like how slave owners watched over slaves until they realized it was better to let them work quietly.
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ryan42Member
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#6Oct 29, 2024, 10:19 AM
Yeah, but then the bees get tired of the beekeeper stealing their honey, right? Then there's a revolt, and it all starts over again. History proves elites never learn from the past, they just repeat the mistakes.
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maxi777Member
Posts: 18 · Reputation: 182
#7Oct 30, 2024, 10:27 PM
Let me ask you this do you actually buy stuff from stores? You wait for others to make useful things, then just buy them with cash? Why not create your own stuff instead of acting like BlackRock? Are you just another sneaky capitalist exploiting hardworking people?
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