#blackRock is owning 3.25% of the entire $BTC supply and they're calling it institutional adoption.
that's not adoption. that's a hostile takeover in slow motion. a leveraged buyout of a decentralized asset class, one ETF share at a time.
the new money narrative is dead. the retail faucet is dry. now you're just watching the whales consolidate their holdings into a single ticker symbol.
you think this is #bullish ? you're cheering as the network gets a new majority shareholder. you didn't just trade self custody for a piece of paper, you helped build the new central bank.
do you still cheerish #BlackRock jumping into #crypto ?