In the latest 99Bitcoin documentary, we take a scalpel to the influence of BlackRock, peeling back the layers of market manipulation that have quietly shaped the financial landscape. Now that Donald Trump is in office and the bull run is back on, Blackrock is again making MASSIVE moves.
Over the last month, BlackRock’s 15th largest ETF saw inflows of 12,000 and 100,000 BTC, which is $40 billion in BTC they now control.
So what happens when all the bitcoin is held by like six powerful people?
That’s the question we’re going to answer today.
2. BlackRock’s Plans For the Economy & Crypto
BlackRock is the Orwellian Big Brother you didn’t know existed. In 2008, BlackRock was the company the US government hired to fix the housing crisis. The whole US government was dependent on Larry Fink and BlackRock. This gave Fink power that other billionaires could only dream of.
In the early 90s, Larry Fink would find his holy grail: Aladdin, the software titan of BlackRock. Armed with a network of 5,000 computers, Aladdin is an AI system that dissects markets and conducts risk analyses with razor-sharp precision.
This system keeps BlackRock two steps ahead of everyone else.
After Aladdin, BlackRock’s new plan for dominance was to take over cryptocurrency. Today, they are the most recognizable ETF brand.
BlackRock doesn’t technically own this Bitcoin; they manage it for their customers. When you buy BTC from their ETF, it’s technically yours, not theirs. Sounds fair, right?
The problem is having this much BTC under control has given Larry Fink and BlackRock four distinct advantages that will tilt the scales of how Bitcoin operates going forward. Here’s how.
How BlackRock Manipulates the Markets
Several economists have pointed to games happening behind the scenes with the ETFs. Here’s a conversation between former Goldman Sachs exec Raoul Pal and James Mullarney of Invest Answers talking about this:
“I’m fascinated by these ETFs; I monitor them daily. Some people tell me that they [ETFs] are bad for the space. What I’m worried about is if all these ETFs have fully stacked wallets.”
“I’ve done an analysis of this and there’s at least four big instances where flows did not match price.”
Even when the market had its reddest days over the summer, BlackRock reported no ETF outflows before Trump got in. This means their customers strangely kept buying even though the entire market was selling. At least, this is what BlackRock wants you to believe.
Our guess is that a different part of the company is buying Bitcoin back, so it never hits the market. With that BTC, they can shorten the market, as some have already pointed out.
It’s not like BlackRock is a benevolent Wall St. tyrant; they’ve been caught trying to manipulate the markets before. A new player will now control the BTC price.
Final Thought on BlackRock
In their 2023 Global Outlook report, BlackRock said three trends will define the new era of investing: 1) Aging populations will cause governments to increase debt and deficits, leading to higher inflation.
2) Fractured trust between global superpowers will lead to the proliferation of trade and currency wars, creating volatility.
3) A digital economy, artificial intelligence, and automation will transform businesses, investments, and society in new and entirely chaotic ways.
It’s eerie to hear BlackRock talking like this.
It seems more like an Alex Jones rant.
But this is why BlackRock is more powerful than Vanguard
They’ve woken up and smelled the coffee. They know where the world is heading next.
Watch Our Full Video BlackRock’s Secret Crypto Agenda EXPOSED
EXPLORE: Best RWA Projects to Buy in 2024
Join The 99Bitcoins News Discord Here For The Latest Market Updates
The post The Secret BlackRock Crypto Agenda EXPOSED – What We Know appeared first on 99Bitcoins.
