Chuds and right liberals will still believe Musk is on their side, corporations are communist and that China is the biggest manipulator of Western markets.
BlackRock has partnered with major crypto exchange Coinbase to provide its institutional clients with access to bitcoin.
:shrek-pixel-despair:
I always confuse BlackRock and Blackwater and both of them delenda est
I assume they just mean a P2P desk because just LMFAO if institutions not wanting to hold their own keys ends up letting Blackrock basically own all of Bitcoin.
I DONT WANT TO HEAR ABOUT CRYPTO ANYMORE
WHY WONT YOU DIEEEEEEEEEEEEE
:cryptocurrency: :stalin-gun-1: :monke-rage:
Ugh the headline is such complete bullshit, wow. Blackrock letting its clients buy crypto does not mean there's a "$10 trillion earthquake" due to hit crypto. Any sensible fund manager will stay the fuck away from crypto, so only the idiot-managed ones will buy in.
institutional investors already got in at the ground floor. who do you think has been making all of the money idiots have been pumping into this scam in the first place?
Virtual gambling where the largest pools of wealth have distinct advantages, and all the transactions can be datamined if the need arises. Crypto is basically the equivalent of OnlyFans for simps of capital.
Institutional investors are actually way behind on crypto. The reason is because they are relatively risk averse, so they can't just YOLO billions into Ethereum or Shiba Inu. Plus the ground floor was like 5 or 6 years ago and institutions were not gonna touch "the computer money people use for drugs that gets hacked all the time" back then.
The whales are mostly tech nerds, poker enthusiasts (Bitcoin was popular with online poker players after the US band), just plain old gamblers and day traders.
