Blackrock's Bitcoin ETF now holds 122,643 BTC, up 2,962 from Friday. Their total holdings are now worth $6.3 BILLION. Blackrock now holds 0.584% of the total supply of BTC. 900 BTC are issued per day. In April this will drop to 450. Yesterday, Blackrock clients bought 3.3x the newly issued supply. image
Banks make money from the lower class through fees and interest, Borrow money from the middle class for free, Then lend it to the upper class, so that they can become even more wealthy.
Blackrock's Bitcoin ETF now holds 119,681 BTC, up 3,692 from Thursday. Their total holdings are now worth $6.2 BILLION. Blackrock now holds 0.5699% of the total supply of BTC. 900 BTC are issued per day. In April this will drop to 450. On Friday, Blackrock clients bought 4.1x the newly issued supply. image
The absolute stupidest reason for rejecting Bitcoin: "Power grids can be taken down, and the internet may not exist." 99% of your day-to-day transactions are done using electricity and the internet. Where do you keep your money today? Most likely in a bank account? If every power grid on earth is somehow taken out, I'm 110% sure the money in your bank account won't be accessible either. And I'm also 110% sure that the Bitcoin network will be back up and running BEFORE your bank.
So many people rejecting #Bitcoin think it's something the majority of the world already understands and owns. They don't realize THEY ARE IN THE MAJORITY. 99% of people don't get it and 90%+ will NEVER get it, just like they don't understand the current financial system. The majority are ALWAYS wrong when it comes to financial decisions. This time will not be different. The crowd will be wrong again, and they'll start paying attention when BTC is $1M+.