BlackRock’s CEO's U-Turn on Bitcoin: From 'Money Laundering Index' to 'Digital Gold

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From Bitcoin Critic to Bitcoin Advocate

Hi guys, the most recent buzz in crypto has been about what BlackRock’s CEO said about Bitcoin on Twitter in some interview. “Bitcoin is digital Gold”, and most people can’t seem to stop yapping about it.

Remember what someone said about everyone buying Bitcoin in the price they deserve? Micheal Saylor said it and it’s interesting how true it is.

The interesting thing is that this same person has once publicly blasted Bitcoinin the past, precisely in 2017, Larry Fink called Bitcoin an index of money laundering, it’s 6 years after and it’s a whole new story.

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The really interesting thing is that the same story happened to Micheal Saylor, blasted it and came back years later to buy and now his company is the second largest public traded company holding bitcoinin balance sheet.

Media FOMO in Crypto Market Movements

But I digress, the way some big accounts on Twitter were peddling the news about what Larry Fink said was very unnerving, it really did feel as if they were trying to force a pump out of the statement.

Classic media fomo at play targeted at new retail investors who don’t understand the game. The game is to hold your Bitcoin,best them at this and you win. While you’re holding you can use THORChain’s vault to generate yield with your Bitcoin. Short term pumps or dumps will not even matter to you.

The Unexpected Bitcoin Price Dump: Coincidence or Market Manipulation?

I get that such statement from the largest asset management company CEO is bound to shake things up in the tradfi world, but yo, even BlackRocks BTC ETF isn’t approved yet, so all that noise was a bit out of place.

And just at the point it seemed like as if I was over reacting, the price of Bitcoin made a quick sharp dump to $29k all the way from $31500, coincidence? Maybe, but also a confirmation that my guts was right!

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Who is Ready?

Anyway, talks about the bull run keeps intensifying, how wild it’ll be is still yet to be known, but one question that keeps popping in my mind is if I’m ready! Am I ready? Are you ready? Is anyone ever ready?

I’ve got my Hive bags loaded and approaching 5k HP, although I wish I had this is liquid for obvious reasons, I’ve got LEO loaded, though mostly also staked, but it wouldn’t if the bull run lasts long enough.

The Potential of $Hive and $LEO in the Upcoming Bull Run

Hive is currently trailing $0.3 zones, a double from here to $0.6 makes things interesting, a x3 even more interesting, and then there’s so much potential for 10x not forgetting that the last high took the price all the way to $3.00.

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The thought of a bull run and the price of $LEO makes everything even more interesting. We are barely in a bull run and LEO’s liquid supply is already super tight. Such tight tokenomics with the excitement of a bull run as everything goes up,…..

……coupled with the utility that comes with the token as it is paired to other apex tokens like on BSC, Ethereum -and Polygon chains, plus the Social media frenzy Web2 proponents are woefully failing at that Leofinance is superbly excelling at that makes people want to keep holding and holders want to keep acquiring more of.

Thinking about these now, I’m struggling to contain my excitement, what I’m grateful about is that years ago before the previous bull run, I had only quarter of what I have staked today, and wished what I have now was what I had then as we approached the bull run. So am I ready this time? Let’s wait and see.

What about you fren. Are you?

Posted Using LeoFinance Alpha



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5 comments
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I have also my positions in altcoins. I believe when the tides come, some altcoins (especially $hive) would ŕide the waves. I am as excited as you are😁 !PGM

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Let’s gooo 🚀🚀🚀

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its all about making money. they deride bitcoin while accumulating.

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