Imagine how naïve you would have to be to believe that the …
Imagine how naïve you would have to be to believe that the same financial institutions whose entire business model is extracting value from markets, companies, and counterparties suddenly become benevolent guardians the moment they buy BTC.
You opened the door to Wall Street and then convinced yourselves they arrived to join the revolution.
BlackRock does not think like a retail holder. Hedge funds do not think like retail holders. They do not sit around posting memes about conviction and "weak hands." They look at risk, liquidity, leverage, derivatives, and profit opportunities.
If a firm can lose $10 billion on one side of a trade and make $50 billion on another, it does not call that a disaster. It calls that Tuesday.
That is the part the BTC crowd never seems to understand. They still think they are playing a game against other enthusiasts. They are not. They invited in institutions whose job is to identify structural weaknesses, exploit them, and move on to the next opportunity.
The old mythology was built around retail holders refusing to sell.
The new reality is institutions that have no emotional attachment whatsoever.
No sacred mission.
No orange-pilled brotherhood.
No ideological commitment.
Just profit.
And profit works both directions.
The irony is almost beautiful. For years the slogan was that institutions were coming.
Now they have.
Good luck explaining to them that they are supposed to lose money out of respect for the movement.