Skip to content

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

Technology
11 10 111
  • 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.

  • WhatsApp Gopay 0898-2034-839

    Technology technology
    1
    0 Stimmen
    1 Beiträge
    3 Aufrufe
    Niemand hat geantwortet
  • 244 Stimmen
    82 Beiträge
    537 Aufrufe
    S
    Can't Soros just harvest babies and feed the bots adrenochrome?
  • 1 Stimmen
    1 Beiträge
    32 Aufrufe
    Niemand hat geantwortet
  • You're not alone: This email from Google's Gemini team is concerning

    Technology technology
    298
    1
    837 Stimmen
    298 Beiträge
    4k Aufrufe
    M
    My understanding is that, in broad strokes... Aurora acts like a proxy or mirror that doesn't require you to sign in to get Google Play Store apps. It doesn't provide any other software besides what you specifically download from it, and it doesn't include any telemetry/tracking like normal Google Play Store would. microG is a reimplementation of Google Play services (the suite of proprietary background services that Google runs on normal Android phones). MicroG doesn't have the bloat and tracking and other closed source functionality, but rather acts as a stand-in that other apps can talk to (when they'd normally be talking to Google Play services). This has to be installed and configured and I would refer to the microG github or other documentation. GrapheneOS has its own sandboxed Google Play Services which is basically unmodified Google Play Services, crammed into its own sandbox with no special permissions, and a compatibility layer that retains some functionality while keeping it from being able to access app data with high level permissions like it would normally do on a vanilla Android phone.
  • 254 Stimmen
    143 Beiträge
    4k Aufrufe
    S
    Why would every American buy one if they can't afford insurance + medical bills to pay for health care? "Oh look, I'm having a heart attack. Good to know. Guess I'll just keep working."
  • Resurrecting a dead torrent tracker and finding 3 million peers

    Technology technology
    59
    321 Stimmen
    59 Beiträge
    597 Aufrufe
    I
    Yeah i suppose any form of payment that you have to keep secret for some reason is a reason to use crypto, though I struggle to imagine needing that if you're not doing something dodgy imagine you’re a YouTuber and want to accept donations: that will force you to give out your name to them, which they could use to get your address and phone number. There’s always someone that hates you, and I rather not have them knowing my personal info Wat. Crypto is not good at solving that, it's in fact much much worse than traditional payment methods. There's a reason scammers always want to be paid in crypto if you’re the seller then it’s a lot better. With the traditional banking system, with enough knowledge you can cheat both sides: stolen cards, abusive chargebacks, bank accounts in other countries under fake name/fake ID… Crypto simplifies scamming when the seller, and pretty much makes it impossible for buyers What specifically are you boycotting? Card payments, international tranfers, national transfers taking days to complete, money being seizable at all times many banks lose money on them Their plans are basically all focused on the card you get. Pretty sure they make money with it, else many wouldn’t offer cash back (selling infos and getting a fee from card payments?) if you think the people that benefit from you using crypto (crypto exchange owners and billionaires that own crypto etc.) are less evil than goverment regulated banks, you're deluded. Banks are evil anyways, does it really change anything? The difference is that it technically helps everyone using crypto, not only the rich. Plus P2P exchanges are a thing You'll spend more money using crypto for that, not less That’s just factually false. Do you know the price of a swift transfer? Now compare it to crypto tx fees, with many being under $0.01
  • getoffpocket.com, my guide to Pocket alternatives, just got a redesign

    Technology technology
    23
    85 Stimmen
    23 Beiträge
    281 Aufrufe
    B
    I've made some updates. There are many perspectives to view a guide like this. I hope there are some improvements to the self-hosting perspective. https://getoffpocket.com/
  • A receipt printer cured my procrastination [ADHD]

    Technology technology
    21
    1
    120 Stimmen
    21 Beiträge
    245 Aufrufe
    cygnosis@lemmy.worldC
    Good to know. Also an easy problem to fix. Just use phenol free paper.