Post
Topic
Board Bitcoin Discussion
Re: BlackRock CEO is now a marketing Officer for Bitcoin
by
tbct_mt2
on 23/11/2023, 13:53:58 UTC
You can agree with me that;

BlackRock's CEO has expressed support for bitcoin.
BlackRock is the world's largest asset manager.
BlackRock's clients could potentially invest billions of dollars in bitcoin.
BlackRock is considering offering a bitcoin ETF.
They applied for Bitcoin Spot EFT and waiting for an approval from SEC hence I can not disagree with what you say.

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The next bitcoin halving is less than 10 months away.
I disagree because it is certainly not correct. A next halving is only about less than six months from today. It is estimated to happen in April 2024. It is about 152 days from now.
https://www.bitcoinblockhalf.com/

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The bitcoin halving will reduce the supply of new bitcoin.
This is true but it is not something really new. People know about that but they just ignore the fact and only recognize about it with each Bitcoin halving.


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The Federal Reserve is likely to cut interest rates and start printing money again.
QE would make bitcoin even more attractive as a hedge against inflation.
It's true but effects from FED and other national central banks usually need a lot of time, months and years to be shown at national scale and global scale. Their citizens will very slowly realize effects from inflation or hyper inflation by central banks.