BlackRock, Vanguard, and other index fund providers are scooping up a large portion of shares offered by publicly traded companies dealing with Bitcoin.
Will they use their voting power to influence business operations?
Again, this isn't an indictment of these companies, but the influence these fund providers can have over board rooms and the business decision making process.
We better hope the board voting structure of these companies is set up in a way that the founders have control.
This isn't an indictment of Microstrategy, but the attack vector of public markets funded by institutional capital with a Communist agenda.
An ESG activist fund just took over three board room seats at Exxon to push the company towards unreliable "renewables". Don't think publicly traded companies that deal with bitcoin won't be pressured in similar ways.
Enjoy the transition to “sustainable renewables” made from slave labor and coal that force you to live with more uncertainty, serf. You’re doing your part!
By leveraging the Cantillon Effect enacted by the Fed’s monetary policy.
Renting isn’t all that bad. Larry Fink is a great landlord.
We heard you were saying some unfavorable things about the governments hate speech policy.
You can only purchase diversity training courses via your CBDC wallet at the moment. Once purchased and completed you’ll be able to purchase other goods and services.
Humanity is in the middle of a great battle that will dictate whether or not future generations live in a free world or digital panopticon.
At the moment, Bitcoin is the most potent and widely available tool we have within grasp to ensure future generations live free. The incumbent system is completely lost and needs to be put out of its misery.
There are many men and women who are actively trying to bring grifts that have been very successful in the incumbent system to Bitcoin. Mainly, regulatory capture that grants a few select insiders undue power.
Second order effects of #Bitcoin mining include, but are not limited to:
- Less pipeline construction because it's easier, faster and cheaper to deploy a digital pipeline
- Less methane leak because miners will show up and consume gas that would otherwise be flared (con't)
- More efficient drilling because producers don't have to depend on a singular rev stream
- An incentive to produce more renewable energy sources because there is now a consumer of last resort
- A more distributed society as towns get erected around mining operations (con't)
- The big one no one likes to talk about, a severe reduction in capital misallocation enabled by easy money that has led to severe energy waste