BITCOIN September 2023

BlackRock and its Bitcoin ETF, a masterstroke to control mankind

BlackRock, the world's largest fund manager, has been moving its pieces for some time to position itself in the cryptocurrency market. Its ultimate goal seems to be to dominate this market through a masterstroke: the launch of its own Bitcoin ETF.

Analysts such as Juan Rodriguez have detected in recent months an increase in BlackRock's exposure to Bitcoin. The firm has invested heavily in cryptocurrency mining companies and is rumored to be behind large purchases of bitcoins ahead of the launch of its ETF.

BlackRock knows that an SEC-approved Bitcoin spot ETF would open the door to a flood of institutional money into cryptocurrencies. Some estimate that just 1% of its assets under management would represent the purchase of 3 million bitcoins.

Controlling the future of finance

An ETF of these characteristics would be a simple vehicle for any investor to gain exposure to the price of bitcoin without the need for direct custody.

In recent months, news has surfaced that BlackRock is pushing the SEC hard to launch this new product. It has even been leaked that the firm is requesting not to disclose information about the ETF's holdings if it is approved, which would generate uncertainty in the market about its real capacity to accumulate bitcoins.

Recently, at the end of August 2023, the SEC decided to extend the deadline to make a decision on this application and others like it, which has disappointed the ecosystem. But experts such as Jay Clayton, former chairman of the SEC, say approval is inevitable given the mounting pressures.

BlackRock, Bitcoin and the 2030 agenda

Popular youtuber Mr. Santos has elaborated on the thesis of how BlackRock plans to take control of the bitcoin market through its ETF, aligning with the World Economic Forum's 2030 agenda.

In one of his recent videos, Mr. Santos details BlackRock's maneuvers to take over as much bitcoins as possible even before getting its ETF approved by the SEC.

He also explains how BlackRock, along with Vanguard, anticipate a future where very few will be able to access private property, aggressively acquiring homes in the U.S. to concentrate properties in a few hands.

BlackRock knows that an SEC-approved Bitcoin spot ETF would open the door to a flood of institutional money into cryptocurrencies. Some estimate that just 1% of its assets under management would represent the purchase of 3 million bitcoins.

BlackRock would have control of the Bitcoins under its proprietary wallets

Such an ETF would be a simple vehicle for any investor to gain exposure to the price of bitcoin without the need for direct custody.

But beware, because BlackRock would have under its control all the bitcoins associated with the ETF, keeping them in its own wallets. Thus, ETF investors will not really own the bitcoins, they will simply have a financial exposure to the price of the cryptocurrency.

In this way, BlackRock would accumulate a huge reserve of bitcoins under its power, becoming one of the biggest "whales" in this asset class, with the ability to move and manipulate the market at will. A masterstroke to dominate the future of global finance.

First housing, then cryptocurrencies

Mr. Santos does not stop there, according to this renowned Youtuber financial control is not the only front open to BlackRock. Together with Vanguard, it has been aggressively accumulating housing in the US through subsidiaries such as Invitation Homes and American Homes for Rent.

Their goal is to control more than 60% of US residential properties by 2030. In this way, they will make it difficult for citizens to buy homes, and will only be able to rent them from these giant corporations.

The mechanism to take over homes

And how would they be achieving this? Through other third party companies that are the ones that carry out the massive acquisitions of residential properties in the US. But BlackRock controls up to 25% of the board of directors of these companies, so it manages these acquisitions without its name appearing directly.

In this way, little by little they are concentrating more and more homes in a few hands, making it almost impossible for the average citizen to aspire to own a home in the future.

The "feudal lord" of the 21st century, the unfair competition for housing

But there is more. BlackRock has reportedly instructed its subsidiaries to compete aggressively for any available housing, even paying above-market prices. In this way they snatch properties from working families, and artificially drive up the value of properties to levels that are unaffordable for the middle class.

Thus, the dream of owning their own home becomes more and more distant for the majority, while BlackRock is rapidly and relentlessly grabbing all the residential real estate in the country. The future is to pay a lifetime rent to the new "feudal lord" of the 21st century.

The future is renting it all out?

Thanks to Mr. Santos' research and commentary on his YouTube channel, BlackRock's strategy to fulfill the WEF's utopia, where in 2030 we will all be mere tenants of these corporations, becomes evident.

Together with Vanguard, it anticipates a future where very few will be able to access private property. And with their Bitcoin ETF they will dominate the cryptocurrency market, leaving behind radical ideas such as decentralization.

The path is laid out then, in 2030 we will be tenants of BlackRock, receive a universal income and use a centralized cryptocurrency controlled by the financial giants. The WEF's utopia will be fulfilled.

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