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BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money

Technology
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  • Get ready to have your mind blown by “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money.” This video dives deep into the shocking reality behind the Bitcoin hype and exposes how BlackRock and other Wall Street titans are quietly taking over the crypto world while everyday people are left holding the bag.

    In “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money,” you’ll learn how just 1% of entities control nearly 90% of all Bitcoin, and how BlackRock alone has amassed over 530,000 BTC—making them the second-largest holder on the planet. The video breaks down how institutional giants use thousands of wallets to hide their concentration of wealth, while the media and crypto influencers keep pushing the myth of “decentralization.”

    We’ll also reveal how new deregulation moves—like Trump’s rollback of IRS crypto broker rules and the SEC’s so-called “innovation-friendly” policies—are making it even easier for Wall Street to dominate, while retail investors get crushed by scams and volatility. “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money” is your wake-up call: Bitcoin isn’t the revolution you were promised. It’s become another playground for the rich, and the real winners are the same financial giants you thought you were escaping.

  • Get ready to have your mind blown by “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money.” This video dives deep into the shocking reality behind the Bitcoin hype and exposes how BlackRock and other Wall Street titans are quietly taking over the crypto world while everyday people are left holding the bag.

    In “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money,” you’ll learn how just 1% of entities control nearly 90% of all Bitcoin, and how BlackRock alone has amassed over 530,000 BTC—making them the second-largest holder on the planet. The video breaks down how institutional giants use thousands of wallets to hide their concentration of wealth, while the media and crypto influencers keep pushing the myth of “decentralization.”

    We’ll also reveal how new deregulation moves—like Trump’s rollback of IRS crypto broker rules and the SEC’s so-called “innovation-friendly” policies—are making it even easier for Wall Street to dominate, while retail investors get crushed by scams and volatility. “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money” is your wake-up call: Bitcoin isn’t the revolution you were promised. It’s become another playground for the rich, and the real winners are the same financial giants you thought you were escaping.

    Why does this description sound entirely like someone trying to sell me something?

  • Get ready to have your mind blown by “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money.” This video dives deep into the shocking reality behind the Bitcoin hype and exposes how BlackRock and other Wall Street titans are quietly taking over the crypto world while everyday people are left holding the bag.

    In “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money,” you’ll learn how just 1% of entities control nearly 90% of all Bitcoin, and how BlackRock alone has amassed over 530,000 BTC—making them the second-largest holder on the planet. The video breaks down how institutional giants use thousands of wallets to hide their concentration of wealth, while the media and crypto influencers keep pushing the myth of “decentralization.”

    We’ll also reveal how new deregulation moves—like Trump’s rollback of IRS crypto broker rules and the SEC’s so-called “innovation-friendly” policies—are making it even easier for Wall Street to dominate, while retail investors get crushed by scams and volatility. “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money” is your wake-up call: Bitcoin isn’t the revolution you were promised. It’s become another playground for the rich, and the real winners are the same financial giants you thought you were escaping.

    Even if they do have 90% that's not what centralization means. It doesn't work like dollars.

    Also at least 10%, maybe even 20% or somewhere between the two, is burnt. Inaccessible.

    Blackrock and others are absolutely fucking around criminally, but if you're going to try to report about it you should at least bother to get the basics right. Ignorance is one of the reasons they're able to get away with this crap.

  • Get ready to have your mind blown by “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money.” This video dives deep into the shocking reality behind the Bitcoin hype and exposes how BlackRock and other Wall Street titans are quietly taking over the crypto world while everyday people are left holding the bag.

    In “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money,” you’ll learn how just 1% of entities control nearly 90% of all Bitcoin, and how BlackRock alone has amassed over 530,000 BTC—making them the second-largest holder on the planet. The video breaks down how institutional giants use thousands of wallets to hide their concentration of wealth, while the media and crypto influencers keep pushing the myth of “decentralization.”

    We’ll also reveal how new deregulation moves—like Trump’s rollback of IRS crypto broker rules and the SEC’s so-called “innovation-friendly” policies—are making it even easier for Wall Street to dominate, while retail investors get crushed by scams and volatility. “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money” is your wake-up call: Bitcoin isn’t the revolution you were promised. It’s become another playground for the rich, and the real winners are the same financial giants you thought you were escaping.

    Fuck BlackRock. Disgusting company.

  • Why does this description sound entirely like someone trying to sell me something?

    Probably because they are. Could have made it a text otherwise.

  • Why does this description sound entirely like someone trying to sell me something?

    Even the people who are against crypto are probably shilling something. Same song, different key.

  • Even if they do have 90% that's not what centralization means. It doesn't work like dollars.

    Also at least 10%, maybe even 20% or somewhere between the two, is burnt. Inaccessible.

    Blackrock and others are absolutely fucking around criminally, but if you're going to try to report about it you should at least bother to get the basics right. Ignorance is one of the reasons they're able to get away with this crap.

    What does centralization mean then? Those numbers look pretty concentrated to me.

  • What does centralization mean then? Those numbers look pretty concentrated to me.

    But but but muh blockchain is decentralized.. as if a hostile actor with enough resources couldn’t just take control.

    In this context it means that although Blackwood holds 90% they still rely on ‘third’ parties to validate and accept transactions

  • Get ready to have your mind blown by “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money.” This video dives deep into the shocking reality behind the Bitcoin hype and exposes how BlackRock and other Wall Street titans are quietly taking over the crypto world while everyday people are left holding the bag.

    In “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money,” you’ll learn how just 1% of entities control nearly 90% of all Bitcoin, and how BlackRock alone has amassed over 530,000 BTC—making them the second-largest holder on the planet. The video breaks down how institutional giants use thousands of wallets to hide their concentration of wealth, while the media and crypto influencers keep pushing the myth of “decentralization.”

    We’ll also reveal how new deregulation moves—like Trump’s rollback of IRS crypto broker rules and the SEC’s so-called “innovation-friendly” policies—are making it even easier for Wall Street to dominate, while retail investors get crushed by scams and volatility. “BlackRock’s Bitcoin Scheme: How Wall Street Giants Are Bilking Poor People Out of Money” is your wake-up call: Bitcoin isn’t the revolution you were promised. It’s become another playground for the rich, and the real winners are the same financial giants you thought you were escaping.

    Even after watching it, I have no idea, what the headline is supposed to mean...

    How Wall Street Giants Are Bilking Poor People Out of Money

    Poor people usually don't own/buy/trade bitcoin...

    And in case it's about Blackrock investing the retirement money of the poor... The same video mentions that the Bitcoin ETF is the fastest growing ETF ever.....

  • But but but muh blockchain is decentralized.. as if a hostile actor with enough resources couldn’t just take control.

    In this context it means that although Blackwood holds 90% they still rely on ‘third’ parties to validate and accept transactions

    as if a hostile actor with enough resources couldn’t just take control.

    Nobody said that couldn't happen. It has happened in fact, to a fork shitcoin. Everyone knew immediately and it lost trust, it's relatively worthless now. Blackrock won't undercut themselves that way. They're psychotic narcissistic parasites but they're not stupid.

  • Even the people who are against crypto are probably shilling something. Same song, different key.

    This guy wasn't born yesterday.

  • This Is Why Tesla’s Robotaxi Launch Needed Human Babysitters

    Technology technology
    14
    1
    53 Stimmen
    14 Beiträge
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    E
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  • I Counted All of the Yurts in Mongolia Using Machine Learning

    Technology technology
    9
    17 Stimmen
    9 Beiträge
    36 Aufrufe
    G
    I'd say, when there's a policy and its goals aren't reached, that's a policy failure. If people don't like the policy, that's an issue but it's a separate issue. It doesn't seem likely that people prefer living in tents, though. But to be fair, the government may be doing the best it can. It's ranked "Flawed Democracy" by The Economist Democracy Index. That's really good, I'd say, considering the circumstances. They are placed slightly ahead of Argentina and Hungary. OP has this to say: Due to the large number of people moving to urban locations, it has been difficult for the government to build the infrastructure needed for them. The informal settlements that grew from this difficulty are now known as ger districts. There have been many efforts to formalize and develop these areas. The Law on Allocation of Land to Mongolian Citizens for Ownership, passed in 2002, allowed for existing ger district residents to formalize the land they settled, and allowed for others to receive land from the government into the future. Along with the privatization of land, the Mongolian government has been pushing for the development of ger districts into areas with housing blocks connected to utilities. The plan for this was published in 2014 as Ulaanbaatar 2020 Master Plan and Development Approaches for 2030. Although progress has been slow (Choi and Enkhbat 7), they have been making progress in building housing blocks in ger distrcts. Residents of ger districts sell or exchange their plots to developers who then build housing blocks on them. Often this is in exchange for an apartment in the building, and often the value of the apartment is less than the land they originally had (Choi and Enkhbat 15). Based on what I’ve read about the ger districts, they have been around since at least the 1970s, and progress on developing them has been slow. When ineffective policy results in a large chunk of the populace generationally living in yurts on the outskirts of urban areas, it’s clear that there is failure. Choi, Mack Joong, and Urandulguun Enkhbat. “Distributional Effects of Ger Area Redevelopment in Ulaanbaatar, Mongolia.” International Journal of Urban Sciences, vol. 24, no. 1, Jan. 2020, pp. 50–68. DOI.org (Crossref), https://doi.org/10.1080/12265934.2019.1571433.
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