BlackRock Taking Over Bitcoin?

[@Bitcoin_University]

Get advanced Bitcoin education here: www.bitcoinuniversity.com/join

[@raphdroidt692]

VERY gratefull for your response video!! Thank you so much❤

[@Bitcoin_University]

@@raphdroidt692 Thanks for asking a great series of questions

[@a1isrising]

again giving the truth with a bit of dry humor and sarcasum i like it that way thanks Matt even Blackrock cant control BTC its decentralized accross the world

[@raphdroidt692]

​@@Bitcoin_University my pleasure; Matt, you don't know just how much value you add to the BTC space. Your videos and insights have helped me so much and on so many occasions. I'm going through your online course now. Thanks again for all your work.

[@tangobodo977]

"Blackrock's nefarious plan to control diapers" hahaha comedy gold here.

[@dakinikiss]

Matthew failed to mention that Blackrock's reach into the adult diaper realm is equally as villainous!😤

[@AEMachinas]

turning shit into gold

[@jesselee4405]

​@@AEMachinasnuggets

[@alexxxvai]

I like my coffee with a quick video from Matthew Kratter in the mornings.... ☕ Thank you!

[@Bitcoin_University]

Thanks for making my videos a part of your morning routine

[@alexxxvai]

@@Bitcoin_University Thank you for your consistency in posting these videos which allows me to have it as a routine!

[@427vot]

Yes! Ritual. We need a quality coffee line we can buy with BTC.

[@hugomiller1025]

@@Bitcoin_University Here in the UK, we have to wait till afternoon! Every day is a school day! (in a good sense!).

[@dmach83]

Best way to start my mornings ☕️ &

[@ParisKarlaPrecious]

aistockadvisor AI fixes this. BlackRock's supposed Bitcoin takeover discussed.

[@w1ldthin9]

not sure if Robert Breedlove coined this himself or heard it somewhere else but i always like the analogy of "you could change the rules of Chess but who would play with you?" (in reference to changing the rules of Bitcoin aka Bitcoin Hard Forks)

[@ChielReemer]

That's an interesting analogy. Especially since the rules of chess have been changed many times and different forms (hard forks) of it still exist. Chinese chess and Japanese chess being the most prominent of those.

[@Bitcoin_University]

Yes, it's a good analogy

[@matguerra333]

Yea, Chess Cash might play or Chess Satoshi's vision...

[@SUPADUDE4070]

What are Bitcoin hard forks. I just started listening to Breedlove’s podcast. Haven’t really focused on his opinions yet. Mostly that of the 2 guests I’ve seen so far

[@w1ldthin9]

@@SUPADUDE4070 anyone can run the bitcoin code which means anyone can run their own version of the code. if youre running a version different than what the consensus of people are running, then youre running a hard fork.

[@peterdelman2821]

Thanks!

[@Bitcoin_University]

Thank you for your generous support!

[@peterdelman2821]

Thanks for sharing your expertise, and for being there day in day out through the bear market.

[@Darameekha]

We need a deep dive on nodes for noobies. Most don't understand you need to brodcast your transactions from them for their influence to matter.

[@justinrichardson9167]

I agree. I have to admit I have been trying to understand Bitcoin more and more everyday but I still don't know much about nodes 😅

[@RobinBanks-t1m]

Yeah a video on nodes would be good

[@cm2584]

Agree - “nodes for noobs” would be a good topic. I feel I could contribute to the bitcoin network by running my own node but don’t really know how to begin.

[@sertone777]

I was looking into this today. If we don’t build nodes and don’t know how to, we can lose ground. That’s what I understand. They are taking over as much as possible so we can’t hold bitcoin privately.

[@RobinBanks-t1m]

@@Darameekha bump @bitcoinuniversity

[@agrxdrowflow958]

Blackrock pushed DEI for a while but got tired of losing money and stopped.

[@prancer1803]

I think it was ESG, not DEI

[@LTPottenger]

They still push it and destroying the middle class they just won't be as obvious. The laws and hiring practices and college selection process have basically already destroyed america and all its companies already

[@FrankBullitt390]

They pushed ESG really hard as well

[@SamuelGriffin]

Yes, BlackRock is pure Evil and the main reason Americans can’t buy a home.

[@km3106]

​@@prancer1803ESG is even worse cause it includes dei and all the enviroNAZi stuff.

[@firecogs]

TY Matthew. I jumped in the last Zoom. It was a bit over my head but I stuck around to the end. I’m learning and enjoying the process. Thanks again for all you do to educate us Plebs.

[@Bitcoin_University]

That was an especially technical class-- check out some of the earlier recorded live classes as well, as they are more user-friendly

[@ikust007]

@@Bitcoin_Universitywhen subscribed?

[@johnm100]

Ditto

[@andrewwhittle1388]

Can you do a segment on owning your own node and perhaps how to set a node up and the importance of doing it ? Thanks 👍🏽

[@BlacksmithMD]

At first i didnt get the sarcasm,until the Nike comment 🤣🤣🤣

[@Manikese]

I’ve been worried about this when I found out DCG and Grayscale own Foundry USA and they won 6 blocks in a row. That and that Blockrock owns 7% of Mara. This puts my mind at ease. I appreciate you, Matthew.

[@Deepsedation]

Hey Matt, just wanted to thank you for all of the great advice over the years. Dumped all my ship coins for BTC when it was around $40k and haven’t looked back since. I know you can’t give financial advice, but do you think DCA or buying the dip is a better method to achieve 1BTC?

[@Bitcoin_University]

I like DCA-- dollar cost averaging

[@MultiSmitty11]

It’s also worth noting the peace of mind that comes with DCA. It’s very freeing when you can create a plan for yourself, just set an auto daily buy, and forget about it. Trying to time larger buys can be very stressful and you probably won’t time it the way you want, causing more stress.

[@ThomasMiata]

This is the way 🎉

[@vistadelvolcan]

I would like to add Dynamic DCA if a big dip occurred buy more.

[@LfunkeyA]

do both. have some cash for dips.

[@whoguy4231]

Waiting for the Next Headline ... "Blackrock looses all Bitcoins to Hackers"

[@Karlzarth]

Non related to this video, I’ve seen Tucker Carlson interview with Roger Ver and I was curious about the topics he brought up on the conversation. Can u dive in on the subject? Also I’ve seen his twitter and apparently his beef with Adam Black. It would be interesting to understand deep about what really happen.

[@michaelhume5800]

Would love to hear your thoughts on the Tucker / Roger Ver interview

[@hugomiller1025]

I seem to remember that Exxon Mobil were planning to expand their drilling operations. Then BlackRock appointed a bunch of 'Greenies' to the board and got them to reverse course and reduce drilling operations instead. I think there is no room for complacency where BlackRock is concerned.

[@Bitcoin_University]

Yes, this is true, but XOM is a centralized corporation-- not a globally distributed protocol without a leader like BTC is

[@lazylonewolf]

@@hugomiller1025 Wow, if only there's a Bitcoin CEO or something huh

[@hugomiller1025]

@@Bitcoin_University Yes indeed. But Fink is a smart guy, and I'm sure he's up to something - or would be if we let him! One of the most encouraging things about the Bitcoin community is that we have all the best brains - there are some really smart, public-spirited young men & women out there working to make the world a better place. I find this an endless source of optimism in these dismal times.

[@atc576]

Thx for the clarification Matt!

[@Roolenstein]

Blackrock gains influence and then uses it. This has already been demonstrated. DEI for example. But the main concern is not whether they have a nefarious plan or not, but whether they could effect any plan.

[@TotalityofSilence]

Right now, the U.S. already controls a pretty big chunk of Bitcoin mining power. So, imagine if they went all-in with unlimited fiat and decided to throw money at the problem to bump that hash rate to 50%+? Now, here’s where it gets wild: what if, over the past few years, they secretly planted tens of thousands of nodes in the network? They could have a solid majority on both the mining and the nodes side. Then, boom-new laws come down, and suddenly exchanges and miners are forced to run a new, "official" version of the Bitcoin code that removes the supply cap or makes other huge changes. They could straight-up rewrite the rules. This is just a theory based on my understanding of the system, and I know it sounds veeeery unrealistic, but I’m really just wondering if something like this could actually be possible, even in theory?

[@shaunvonermirzo7581]

hey @Mathew, what do you think about Roger Ver and his claim that BTC has been hijacked and deviated from original purpose?

[@Bitcoin_University]

He's wrong and was on the losing side of the blocksize wars. His BCH has continued to lose value against BTC. He doesn't understand that Bitcoin was not meant to be PayPal 2.0

[@dmach83]

Roger Ver is Not Craig Wright

[@reflexsgm1666]

Hey Mathew, I know you you don't talk about price action and all , but this new Google quantum computer thing just scared a bunch of retailers causing dump in the market, I have understood the bitcoin protocol so much from your videos and I hold everything I have saved in last 1 year in bitcoin, I am about to get a big amount in cash settlement, and I was 100% gonna put in BTC , but the pace with which these quantum computer growth is messing with my mind, I know you did video about it before, but now is these computers catching up?

[@MindbodyMedic]

The core issue with QC is amount of errors. Google desperately need good news so I'm skeptical how useful this new chip they're announcing is.

[@HLuisGarcia_UplinkInc]

Genz BTC is releasing a video addressing this today. I haven’t watched yet but plan to. Probably worth a watch

[@MindbodyMedic]

Watch Wall St Millennials video Quantum computing techs biggest Hoax

[@MathewST1]

btc's hashing algo won't be broken by qc anytime soon

[@rogerpumalexander]

So someone back in 2020-2021 I think already went over this. Basically, quantum computers can’t hack/wont be able to hack bitcoin because the very same quantum computers will protect the bitcoin network. Of course there’s more technicality to it but don’t be afraid of quantum computers. It’s not a threat.

[@jameslegare5394]

enjoy and appreciate your posts. Plz keep going! Informative. !

[@bujin5455]

The biggest problem with Blackrock owning mining shares is them pushing for OFAC and other ESG non-sense. Of course, with the rise of nation state mining, for their own private security, I think this risk is largely mitigated. In fact, it may well be that the days of private, for profit, mining are numbered, as more and more of the hash rate is sovereign sponsored. (So they can insure their own transactions.)

[@HansWurst-rl4gf]

11:48 what if they also own a lot of nodes?

[@CVilla49]

Interested in this as well.

[@patrickedwards2078]

If we're all playing basketball and they decide to start kicking the ball and playing soccer, they can have fun by themselves but no one will join them. They can have as many nodes as they want but if no one joins them it doesn't matter.

[@j-p-1]

Great video again! would it be possible make a video and show how full node operators can vote for like a BIP ie?

[@satpreetbrar1067]

I’m glad someone finally made this video. BR are short the financial performance of the shares via the etf and they hold the actual shares so they are net “neutral”, while taking a fee. They having voting power over the shares yes, but often they need to vote the way of the index methodology otherwise they will have tracking error. They can’t just dump all the holdings of a co just because they feel like it

[@HasanAdnan-u3v]

First P.s could you please let us know what’s happening with the Taproot protocol, seems like it’s pretty dead

[@jabstraightspam9900]

This channel is the best i’ve come across explaining everything about how bitcoin works You should make a playlist for complete beginners to learn in an order, some family/friends have looked at your channel when I’ve suggested but they say they don’t know where to start

[@DWW-o5o]

This channel is 🔥🔥🔥

[@Bitcoin_University]

Thank you

[@DWW-o5o]

@ I’m serious your way of educating is second to none.

[@Bitcoin_University]

@@DWW-o5o What question or topic should I cover next?

[@BindiBTC]

@@Bitcoin_University the Google willow chip press release

[@firecogs]

@@Bitcoin_University I’d like to hear more about the mempool website. What exactly is that representing. I think you said everyone sees a different mempool or something to that effect. How can blocks be mined with transactions when the blocks seem to have transactions constantly changing. How can a miner solve the hash with the data/information constantly changing?

[@schigra_the-bitcoin-filmmaker]

Thank you!🎉😊

[@TUDCAREL0L]

Great video Matt, many thanks.

[@williamlarkin3987]

Thank you

[@hhattonaom9729]

could you do a video on quantum computing, will the sha algorithm need to be updated?

[@Atlas_21]

He already has, go to his youtube page, type in 'quantum' into search bar and you'll find it.

[@HappyGoLuckyPanda]

So is it time to get out?

[@Bitcoin_University]

No, I'm hodling my BTC forever

[@Wolffview]

Was this not a repeat of an early video you've made?

[@Bitcoin_University]

I'm always repeating myself these days-- lots of new people coming into BTC now

[@Modwerks]

Thank you Matt. As ever, your calm, educated perspective putting our minds at rest ! Much appreciated.

[@lemmuhj]

Commenting for the algorithm..appreciate your content Matthew

[@forward-yu4zc]

Nice episode Matthew. Good reminder of the power of the nodes, and why all Bitcoiners should run a node to safeguard the network

[@bitnova5]

Matthew you are da man! 💯🔥🔥🔥🔥

[@bereantrb]

Different topic but I just finished watching Tucker Carlson’s interview with Roger Ver. He’s compelling in many ways but I’ve heard contrary accounts of his role in the Bitcoin community (mostly related to the “blocksize war”). I’d be very interested to hear your take on some of his claims in the interview, and I think it may be of interest to your audience as well.

[@DaveOlesen]

I love your sense of humor, Matthew. do!

[@PeoplesCar]

But when Blackrock owns 50% of Pampers its less likely to hardfork that network

[@CRAIGBYRNE-kl8hi]

Good Morning

[@Bitcoin_University]

Good morning

[@jesselee4405]

Good morning.

[@bham01]

Nicely done Matthew, sardonicism reaches peak excellence.

[@kylewarren_]

Hi Matthew. Would you consider doing a video breaking down the Clark Moody dashboard? I feel like there would be great value in that to us less technically inclined bitcoin enthusiasts. Thanks

[@STP134]

Thank you, Matthew!

[@damulira7778]

Just because one owns more bitcoin doesn't mean they can control it.

[@brandonderrick006]

It’s does if the control the miners too and try to change the rules.

[@wild_leeks]

So Do Vanguard + Blackrock work together?

[@sidlittle]

Yes

[@thomasphillips2234]

HILARIOUS!!! canned soup...socks.... i really enjoy your sense of humor. and the good information

[@Fudmottin]

Thanks for warning me about buying Nike shoes! Unrelated question. Did you compile your copy of Sparrow Wallet or just download the binary for your computer? Also, did you configure it to use your node?

[@InstructorNoName]

What makes you think MSTR holds their coins on coinbase?

[@eponaepona]

Your sense of humor is precious 😂

[@PepitaBlue2]

Thank you for providing clarity. This video is very educational. I really appreciate it!

[@mon01158]

Hi Matt. Thank you for your time and service.

[@midwestron8576]

WE are Blackrock. They buy what we tell them to buy. Own a 401K? You are part of Vanguard and Blackrock. We buy their index funds.

[@D_ND_H]

Just like we are the government and politicians work for us.

[@connormui1323]

Hey Matt, great vid! I was wondering what your opinion on Strike’s new feature Bill Pay? Bill Pay allows you to pay bills i.e. monthly credit card with BTC which could make it possible in theory to never need to hold fiat cash. Do you think this is viable right now?

[@X11-g9b]

Thanks Mathew, so few today STILL don't understand the POS VS POW mechanism. Thus the proliferation of even more $hitcoins. It is one of the difficulties in orange pilling the world. BUT it is happening continually. TY for you help in that. Also little understood is the 21MM BTC number will actually never be. 4MM or more have been lost and it looks that Satoshis 1.1 MM coins will also never move. So future value calculous really should use 16MM BTC Not 21 MM. A 24% reduction in supply already.

[@Bitcoin_University]

Quantum computers could free up Satoshi's coins and put them back into circulation-- assuming Satoshi isn't around to move them to a quantum-resistant Bitcoin address

[@K9H8R]

​@@Bitcoin_University and when exactly is Quantum Computing (that can break the bitcoin spine) being launched? It seems we missed the thanksgiving 2024 deadline already haven't we? so, Is it before christmas this year?, or is it before the next halving? or is it before NASA sends its first mission to mars? Which one is it? I can't wait anymo'ore !!

[@endthefed5304]

Do you offer any personal consultation?

[@mcgems754]

Thanks for clarifying those burning questions!

[@TheBitcoinBlock]

Thank you Sifu.

[@Bitcoin_University]

Thank you for your support

[@SathoshiSaylor]

Hey Matt, I’ve been watching your videos over the past couple of months, and I really appreciate how useful and insightful your content is. I’m currently still in school and unsure about what I'm going to study. Considering the potential of Bitcoin and its growing influence on the world, I was wondering what are some central career paths that fits into the future soceity. I’d love to hear your thoughts on diffrent directions and options and how this whole "revolution" is going to play out. Thank you for taking your time and sharing your knowledge!

[@Zogador]

Matt Kratter dispels most recent FUD. Love to see it. ❤️

[@dwightsmith5174]

Is there an implication here that Bitcoin code cannot be hacked?

[@Bitcoin_University]

There's nothing to hack-- Bitcoin's code is open and viewable by anyone

[@dwightsmith5174]

@@Bitcoin_University For years we were told the same about Linux. Oops - It's been hacked.

[@riznordin.x]

Ty or the analysis. Picked up a few things. Can you do an in depth on the btc etf and how it impacts the market.. ty.

[@prometheus9489]

Matthew, when do you expect Bitcoin to be used as a medium of exchange in nations across the world?

[@Bitcoin_University]

It's already beginning to happen: btcmap.org/

[@jimbrown4484]

They are using monero

[@The_Real_J.B.]

Another great video. Keep em coming Sir

[@gmckean7]

Blackrock has to say the supply cap is not guaranteed because they DO NOT have control. The social consensus that is Bitcoin has control

[@Atlas_21]

Yes but that nuance doesn't attract attention, these influencers need to spread FUD to get views and ad revenue.

[@bstomp]

Another great 👍👍 video, thanks Matt

[@patrickkalin4437]

The amount of times I see people confusing Blackrocks purchases to back their ETFs with Blackrocks own purchases is mind numbing. I understand they get the voting rights but they've rarely had enough to make any serious changes at large corporations.

[@Pex-iq4ic]

Hi Mathew. Great content as usual. Would you be able to comment on the Tucker Carlson / Roger Ver interview on Hijacked BTC ? I’m still researching it and would like your take on it if possible

[@D_ND_H]

It's not that hard to make any mainstream community believe something or funnel them into a system that actually makes them want to do something. With enough influence and global reach/cooperation it is very doable. And the average person will allow it to happen. Even the average Bitcoiner.

[@w1ldthin9]

matt can you do a video on "bitcoin treasury companies" ive seen that Mara and Riot are now following a similar path as MSTR as far as raising money to buy bitcoin. would be curious what your take is on this. thanks!

[@knpstrr]

how about a video on the Roger Ver situation if you have any thoughts on that

[@TheLoganstewart]

Hey can you do a video on Chia?

[@danielray5511]

Have you seen the tucker carlson interview of Roger Ver? Thoughts?

[@CamboHODL]

Professor, thank you 🙏

[@MarcIverson]

So Big Daiper got to you too, Matt?

[@velhocarpinteiro7465]

Well, well, well. You know your stuff. Your channel and course are of great service. Thank you.

[@TheGamingCanadian]

Day 122 of telling Matthew his uploads are appreciated!

[@Bitcoin_University]

Thank you!

[@bccsivxx-xxivvii]

Black Rock and Vanguard hold that percentage in a ton of companies. It's not a large position compared to all their other positions.

[@chrisg8995]

Hi Matt- Can you please do a vid responding to the Dec 9 X Post by Sold at the Top? This is a compelling argument and would do well to ease minds to have a compelling counter argument. Thank you.

[@sanjeevhanda503]

and what about staging a 51% attack

[@nobloodyusername]

In your earlier trading videos there was never a pause when you would say "Matthew". What's prompted the change to include a slight pause between math and thew? 😂

[@Bitcoin_University]

I attribute it to brain rot

[@nobloodyusername]

@Bitcoin_University lol I know the feeling

[@fullyboricua2554]

Thanks for the vid!

[@carlabrown608]

Great post Matt - I think we are all adjusting to using a money asset that over time requires less and less of it to purchase good and services. Non bitcoiners likely don't recognize each BTC = 100,000,000 Sats at some point the sats will be divided too . Maybe we'll call those Naks 😊

[@cryptogether]

I am really interested in your videos. Thank you for making informative videos. I want to buy Bitcoin using the Strike app but the app requires my social security number. Do you think it is safe to share my SSN? And do the Bitcoin withdrawals from Strike considered as KYC Bitcoin?

[@artfonzarelli6300]

Matt, if you get a chance, we need the Litt PhD to help explain why this recent quantum computing breakthrough doesn't break BTC encryption

[@Bitcoin_University]

Ha, will do soon!

[@onehappydawg]

Tucker Carlson just dropped a video of him interviewing Rodger Ver, he said a lot of stuff in that interview that was definitely misinformation about bitcoin. I would be very interested in your view and comments on it. It would probably make a great topic for a video.

[@matguerra333]

It would be cool if you addressed the Google/Willow FUD or Quantum computing as a whole and what it's effects may or may not be regarding BTC security.

[@kallteknik]

Would you please make a video about the dust problem and future transactionfees. You mentioned it the other day and it got me worried. My ledger creates a new address on each transaction for safety, how should this be handled?

[@bpaul9999]

Good video but a BTC node is much, much cheaper to run than a BTC miner. Could someone buy and run over 50% of the BTC nodes to force change to the 21m?

[@MultiSmitty11]

From what I understand that’s not quite how it works. Basically as long as there are nodes running, a fork of the network can continue to exist. In the same way that the BCASH fork still technically exists today, even though BTC is >51% of the nodes between the two. If a malicious actor was able to deploy more nodes for their fork than real BTC has now, both networks would continue to exist independently. The only threat at that point would be if somehow the malicious actor was able to brainwash existing BTC holders and node runners, and slowly convert people and capital away from the true BTC fork to their new fork. As people are converted away, the networks effects would slowly shrink and it would eventually die away. Again, similar to what BCASH is going through. But again, it would take some serious brain washing of a lot of people all over the globe to switch from BTC to a fork that works against them.

[@omarmylastname3124]

Marathon, the biggest mining company in their holdings, aims to get about 37 EH/s (not there yet)...globally there is 750 EH/s so they control only 5% of the hashrate...thats a far cry from the minimum required 51%. And as Mathew said the beauty is that the majority will simply fork away from the "malicious" chain. It is the network effect that has made bitcoin SO powerful...the code and the 17,000+ nodes running along with 750 EH/s that is an inordinate amount of computing power to match. Lastly Blackrock doing anything like this will destabilize BTC and its value will drop significantly because there will be distrust thereby causing BR billions in losses.

[@Bit-while_going]

Does Bitcoin prevent governments and large institutions from running money in a circle to prevent it from being tracked and at some point to direct it to nefarious purposes? If not, then how does it change the accounting process for how public money is spent?

[@miket.8289]

Didn't Vanguard say Bitcoin goes against their ethos?

[@Bitcoin_University]

Yes, the CEO said that, and then a few weeks later announced his early retirement. Bitcoin 1, Vanguard 0

[@ShukyPersky]

How can anyone tale over a distributed system? (a network that depends on all its members) How canyone "print" more than 21 million coins when this is vioalting the bitcoin protocol

[@jimhausman]

What happens when all the Bitcoin is Hodled

[@Bitcoin_University]

All of the Bitcoin is already being hodled

[@jimhausman]

@@Bitcoin_University I guess I meant. What is the value of something that is all hodled in the hands of governments and whales who never sell and never change hands? I guess If the price keeps going up, someone may sell. How could it be used as the "worlds settlement layer" if nothing moves.

[@cuba8591]

Are we gonna get a video about the proposal for amazon share holder vote to hold bitcoin on balance sheet ?

[@darin7369]

What does Blackrock NOT own?

[@Flying_Dutchman66]

Your Spirit 💪

[@PugOfWallSt]

thanks for the vids!