I've noticed many in the BSV X community are concerned abou…
I've noticed many in the BSV X community are concerned about Bitcoin ETFs, Larry Fink, and Bitcoin forks. After listening carefully to Larry Fink's interviews, here's my takeaway: He envisions a world where every financial asset is tokenized on a global ledger, each with a unique CUSIP, and every investor with a unique ID, all settling instantly. Financial assets include bonds, stocks, and ETFs. In the crypto asset class, currently only Bitcoin has an ETF, but I believe more will follow for other cryptos (Eth, bch, doge...). The next step? Tokenizing these ETFs and other financial assets on a global ledger. With its low-cost transaction fees and the latest Teranode tests, BSV seems well-positioned to realize Larry Fink's vision. In conclusion, I think Larry Fink is pragmatic; he's not changing what Bitcoin is. For his customers, Bitcoin is BTC, hence the ETF product. The Bitcoin ETF, like all BlackRock ETFs, is set to be tokenized. It's likely to be on the BSV blockchain, provided the scalability can support such a vision. If BSV isn't ready or a superior blockchain emerges, another public blockchain may be utilized.
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You're paying attention to the wrong people. Why the fuck would anyone care about Larry Fink, who just discovered Bitcoin five minutes ago? He's such a dipshit, he doesn't even know the difference between BTC and Bitcoin. Does he code? No. Does he mine? No. Focus on providing value to the people already here and the rest will fall into place.