ilmscore | Who Really Controls Bitcoin? BlackRock, Tether & the Battle for BTC

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The proportion of Bitcoin's hash rate controlled by US-based public miners is increasing and is expected to continue this trend.
"as of late last year roughly onethird of Bitcoin's total hash rate came from public Bitcoin miners in the US all of whom are subject to US regulations including OFAC more importantly their share of Bitcoin's total hash rate has been rising and this trend is likely to continue"
BTC
Pending
A resurgence of ESG principles could lead major asset managers to influence Bitcoin miners to support a switch from Proof-of-Work to Proof-of-Stake consensus.
"in a few years time ESG could come back with a vengeance and this would be very bad news for Bitcoin with the likes of Black Rockck having significant influence over listed Bitcoin miners this means that they could theoretically coers them to support a switch from proof of work to proof of stake"
BTC
Pending
BlackRock's ETF terms give them the right to choose which Bitcoin fork to support, and a quantum computing attack is predicted to eventually necessitate a Bitcoin fork.
"Black Rockck's ETF contains a clause that states Black Rockck reserves the right to decide which Bitcoin fork the ETF supports if there's a fork and if you watched our recent video about the biggest risks to Bitcoin you'll know that the threat of a quantum computing attack means a Bitcoin fork is essentially guaranteed at some point"
BTC
Pending
In a future Bitcoin fork scenario, most holders are likely to prioritize profit and embrace the version supported by asset managers like BlackRock, leading to the decline of the other fork.
"and this means that in the not tooistant future Black Rockck will have the power to influence which Bitcoin is the real Bitcoin and some claim that most holders will reject this version that Black Rockck supports if it goes against Bitcoin's ethos but it's evident that most Bitcoin holders care more about profits than true financial freedom they would likely embrace the version supported by asset managers and sell the other"
BTC
Pending
Tether currently holds 100,000 BTC, and this amount is expected to increase.
"it recently revealed that it holds 100,000 BTC and uh chances are that this stack is going to keep growing"
BTC
Pending
Tether reported a profit of $13 billion in 2024.
"Tether made a staggering $13 billion in profit in 2024 not revenue profit as in the money that's left over after all expenses were paid"
USDT
Pending
Bitcoin's success depends on a balance of power between influential entities; a decisive win by one side could lead to drastic measures that harm the network and price.
"so long as neither side scores a decisive victory Bitcoin will continue to be successful but never forget that powerful individuals and institutions hate losing if one side gets a sense that the other side is winning then they could resort to drastic measures that damage the Bitcoin network and tank BTC's price"
BTC
Pending
Bitmain controls 90% of the market share for Bitcoin Application-Specific Integrated Circuits (ASICs).
"Bitmain has a whopping 90% market share of these ASEX"
Bitmain Market Share
Pending
A future IPO filing by Bitmain would signal a significant risk for Bitcoin's future and price.
"if we do see Bitmain file for an IPO though it could be a huge red flag for Bitcoin's future and its price"
Bitmain IPO
Pending