Senior ETF analyst for Bloomberg Eric Balchunas explains why BlackRock’s Bitcoin ETF IBIT is the most successful ETF product ever launched…
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If someone had quantum computing power, they wouldn’t attack Bitcoin. They’d quietly drain banks, move into Bitcoin, and disappear. Bitcoin isn’t the target… it’s the exit. Bitcoin is pseudonymous, transparent, monitored & upgradeable.
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Beyond family & close friends, the few who should truly have your best interests at heart, it’s increasingly difficult to know who can be trusted. Faith in government has eroded. Employers act in their own interests. Even institutions once viewed as moral anchors no longer feel immune. The world has come to feel zero-sum & self-serving, forcing us to move through it guarded and defensive… not by choice, but by necessity. Bitcoin stands in contrast. While its market is often manipulated by external actors seeking to exploit price, the protocol itself remains mathematically engineered for truth; transparent, verifiable, and rule-based. In a system increasingly shaped by distortion & incentives, Bitcoin may be one of the last remaining vectors of truth. image