teddit

candid thoughts (and warning) on BlackRock's Larry Fink's "endorsement" of crypto ETFs and tokenization.

if you respond with genuine feedback, reactions, counterargument, etc. and continue the conversation, then i will gift you warps.

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

It's fun now because our bags are pumping, but long term, I think this might not be the best move. This should be about taking the power away from these huge corporations and distributing it back to the people. The ETF, unfortunately, seems like we just gave so much power back. The rich will get richer at our expense

They are in the business of making money, big, big money.  We should always question their motives.  They are in it to win at all costs, they'll dunk on us if they have to.  Heck, maybe even if they don't have to...