I hope it doesn't sound too dramatic... Bitcoin at a crossroads: When giants like BlackRock take the helm The latest developments in the Bitcoin ecosystem raise worrying questions about the future of the world's most important cryptocurrency. With over 1.1 million BTC, BlackRock now holds more Bitcoin than Satoshi Nakamoto himself. The power of institutions What initially looks like a bullish development for the Bitcoin price could turn out to be a Trojan horse. BlackRock's growing influence extends not only to direct Bitcoin holdings, but also to listed mining companies and possibly even to the development of the Bitcoin protocol itself. Historical parallels and current threats History has already shown us in 2017 with the Bitcoin Cash fork how institutional investors can try to influence the development of Bitcoin. Today, we are facing similar, if not greater, challenges: Mining companies under pressure from regulators such as OFAC may be forced to censor certain transactions. The centralisation trap The concentration of mining power is particularly critical. With BlackRock as a major shareholder in many mining companies and Bitmain's dominant position in ASIC production, new dependencies are emerging. In times of a bear market, BlackRock could use its financial power to enforce compliance measures. The last line of defence Hope rests on the decentralised structure of Bitcoin: nodes, miners and independent developers together form a bulwark against too much institutional influence. But there are risks here too: If developers are influenced by financial incentives, this could shake the foundations of Bitcoin. A critical turning point We are at a crucial point in the history of Bitcoin. The vision of a decentralised, censorship-resistant currency is at stake. The question is no longer whether, but how we can maintain the balance between institutional adoption and Bitcoin's core values. One thing is clear: a Bitcoin ecosystem dominated by BlackRock would no longer be the Bitcoin that Satoshi Nakamoto envisioned. Now more than ever, the crypto community needs to remain vigilant and actively advocate for decentralisation. The coming months and years will show whether Bitcoin can remain true to its original vision or whether it will go the way of many traditional financial instruments - into the hands of a few powerful institutions.

To see the Universe as it really is, we must abandon our tendency to conceptualize observations as "things".

Clear the channels on regular basis.

Gurdjieff's Sacred Dance - Shivering Dervish

I am the formless, The space before form takes flight, A whisper in the void, A stillness before light. I am everything— The spark that ignites the flame, The pulse of life in every name. I am the touch of the unseen hand, The weaver of the threads across the land. I am source— The origin, the river's flow, The silent current beneath all we know. I am the seed from which all grows, The light that within all things glows. I am— The thought before thought is made, The vision in the heart's deepest shade. I am the spark in every soul, The fire that makes us whole. In the dance of time, I am both the step and the rhythm. I am the formless, And in that formlessness, I am everything, And in everything, I am the source.

Words are spells 🧙