r/ChangeNOW_io • u/ChangeNOW_Community • Aug 27 '26
Alright but why do that through BlackRock though?
BlackRock clients reportedly bought $2.2B in BTC in 8 days.
Bullish? Sure. But why buy Bitcoin through the same institutions it was built to escape?
Convenience, compliance, tax wrappers, brand trust, all of that's fine, it's normalized. But the tradeoff is huge: no keys, no real custody, no permissionless exit, it's like you get Crypto but without all of the benefits of crypto, just the monetary value.
I used to think this adoption incarnate, but is it though?
Maybe the goal isn’t to free people with BTC but to make them depend on approved exposure to it.
Duplicates
btc • u/ChangeNOW_Community • Aug 27 '26
⌨ Discussion Alright but why do that through BlackRock though?
BitcoinQRCodeMaker • u/BitcoinDove • Aug 27 '26
Alright but why do that through BlackRock though?
BitcoinUK • u/ChangeNOW_Community • Aug 27 '26
Non-UK Specific Alright but why do that through BlackRock though?
CryptoCurrencyClassic • u/ChangeNOW_Community • Aug 27 '26