@Cryptopsycho21 22 April 2022 more from that month

Will War Lead Mega Companies Centralize Cryptocurrencies? Recently, my attention was drawn to companies that are powerful enough to possibly rule the world. While researching this topic, I came across a video and articles that quoted companies saying that they are interested in Cryptocurrency and centralizing it. While interest in cryptocurrency is usually good, I'm not sure about the centralizing part. Most cryptoenthusiasts enjoy the decentralized functions. One article, in particular, pointed to the Ukrainian war pushing the use of cryptocurrency. The most interesting article is about one of the most powerful and influential investment companies Black Rock ($10 trillion in assets), trying to centralize digital currencies.  In a letter to investors, the CEO of this company believed that the centralization of digital currencies could be a hidden outcome of the war in Ukraine.  This is brought about by the massive use of Bitcoin and other cryptocurrencies after the sanctions hit the Russian banks.  This is proving a way around sanctions.  Of course, this is nothing new.  Just look to North Korea (not mentioned in the video) to see how a regime has got around sanctions with drugs and bitcoin.  This loophole in the currency that government can control is leading countries and the filthy rich to see cryptocurrencies and especially stable coins, as a way to move wealth around.  This changes the original opinion that cryptocurrencies are just a fad and not worth investing in.  It is worth noting that Black Rock is interesting in centralizing cryptocurrencies that can be regulated and are not a fan of currencies like Bitcoin that are more difficult for one organization to control. He also goes on to bring out attention to the fact that companies like Black Rock have more assets than some countries.  This means that companies are becoming more powerful than countries.  It isn’t limited to just one investment firm.  Some companies have more control of wealth than countries.  How long will it take for the UN to realize that it is powerless compared to such organizations?  Suppose such entities have so much power and control, and they want the decentralized, centralized.  Is there anything that we can do to stop it?  According to the source Jacobin, some firms can buy the entire London stock exchange…..wait for it….three times!  Black Rock alone has members in the Biden administration and personally was given responsibility “to allocate the US federal bond purchase program in response to Covid-19”-Jacobin. Here’s a short video that really shows how powerful Blackrock is.  https://www.youtube.com/watch?v=A4foal20UTA     https://www.reuters.com/technology/blackrocks-fink-says-russia-ukraine-crisis-could-accelerate-digital-currencies-2022-03-24/ https://www.jacobinmag.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration#:~:text=At%20the%20end%20of%20last,asset%20manager%20in%20operation%20today.