One Very Real Concern with BlackRock's Bitcoin ETF filing and it's in the Fine Print! 🔎📜

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2 years ago
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BlackRock Bitcoin BTC ETF SEC Banks KYC Exchange Proof of Work Proof of Stake Blockchain

There is some troubling and concerning language in BlackRock's Bitcoin ETF filing. A hint that BlackRock might try to buy up the Bitcoin then create their own Fork to a new Blockchain that allows more than 21M BTC and has other protocols that requires KYC permission to use. No one would willingly use that Fork, but consider that the SEC may have strategically went after the Crypto Industry and Exchanges to open the door for BlackRock and Big Banks to gobble up the industry, don't be surprised if future regulation prevents the open, private, unrestrained use of Bitcoin and forces users over to a heavily controlled and monitored Hard Fork version of Bitcoin that uses an "Environmentally Friendly" 'Proof of Stake' protocol with NO coin limit.

For the Full 16min video see Crypto Casey's vid: https://www.youtube.com/watch?v=eIVKezt-syo

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