In the latest 99Bitcoin documentary, we take a scalpel to BlackRock’s influence, quietly peeling back the layers of market manipulation that have shaped the financial landscape. Now that Donald Trump has taken office and the bull run is back, Blackrock is once again making huge moves.
During the past month, BlackRock’s 15th largest ETF saw inflows of between 12,000 and 100,000 bitcoins, which is equivalent to… $40 billion worth of BTC they control now.
So what happens when six powerful people hold all the bitcoins?
This is the question we will answer today.
2. BlackRock’s plans for the economy and cryptocurrencies
Black Rock is the Orwellian big brother you didn’t know existed. In 2008, BlackRock was the company US government hired to fix Housing crisis. The entire US government was dependent on Larry Fink and BlackRock. This gave Fink power that other billionaires could only dream of.
In the early 1990s, Larry Fink found his holy grail: Aladdin. Software giant BlackRock. Armed with a network of 5,000 computers, Aladdin is an artificial intelligence system that dissects the markets and performs risk analyzes with pinpoint accuracy.
This system puts BlackRock two steps ahead of everyone else.
After Aladdin, BlackRock’s new plan for dominance was to acquire the cryptocurrency. And today they are The most popular brand of exchange-traded funds (ETF)..
BlackRock does not technically own this bitcoin; They manage it for their clients. When you buy BTC from their ETFs, it’s technically yours, not theirs. Seems fair, right?
The problem is that controlling so much Bitcoin has given Larry Fink and BlackRock four distinct advantages that will tip the scales of how Bitcoin operates in the future. Here’s how.
How does BlackRock manipulate the markets?
Many economists have pointed to behind-the-scenes games taking place with ETFs. Here’s a conversation between former Goldman Sachs CEO Raoul Pal and James Mullarney of Invest Answers talking about this:
“I’m fascinated by these ETFs; I watch them daily. Some people tell me they… [ETFs] Bad for space. My concern is whether all of these ETFs have fully stacked portfolios.
“I analyzed this, and there are at least four significant cases where the flows did not match the price.”
Even when the market was experiencing its reddest days during the summer, BlackRock reported no outflows from ETFs before Trump entered. This meant that their clients strangely kept buying even though the entire market was selling. At least, that’s what BlackRock wants you to believe.
Our guess is that a different part of the company is buying Bitcoin back, so it never reaches the market. With this Bitcoin, they can short the market, as some have already pointed out.
It’s not like BlackRock is a benevolent tyrant on Wall Street; They were caught trying to manipulate markets before. A new player will now control the price of BTC.
Final thought on BlackRock
in Global outlook 2023 BlackRock said in its report that three trends will define the new investment era: 1) Population aging will lead governments to increase debt and deficits, leading to higher inflation.
2) A rupture of trust between global superpowers will lead to widespread trade and Currency warsWhich creates volatility.
3) The digital economy, artificial intelligence, and automation will transform businesses, investments, and society in entirely new and disruptive ways.
It’s strange to hear BlackRock talk this way.
It sounds like Alex Jones’ rant.
But this is why BlackRock is stronger than Vanguard
They woke up and smelled coffee. They know where the world is going next.
Watch our full video revealing BlackRock’s secret cryptocurrency agenda
Explore: Best RWA projects to buy in 2024
Join the 99Bitcoins News Discord here to get the latest market updates
The post BlackRock’s Secret Crypto Agenda Revealed – What We Know appeared first on 99Bitcoins.