Quote from: worldtraveller321 on March 29, 2024, 09:44:52 PM

Is this a case of too much too soon? or do you think Blackrock a good thing? thoughts?

After years passing by and people hoping for institutional investors, now they are here. It's a bit late to ask whether that's good or bad. It's .. a fact of life, both good and bad.
It will bring more and more laws related to crypto - which is good (end of wild west of crypto, more protection) and also bad (blatant intrusion against privacy).
It will increase heavily its scarcity and bring wealth to early investors.
It should bring more money into development (which should also fuel inventions for the better).
It should bring acceptance as payment method on a daily basis, but possibly also the wide spreading of IOUs instead of actual bitcoins.
It will bring more strict taxation.

But imho none of these are unexpected.