.ChrisBlec says BlackRock Bitcoin ETF saga might end with Bitcoin on PoS BlackRock
Seasoned cryptocurrency advocate and expert Chris Blec published an eccentric theory about the true motivation behind the launch of BlackRock Bitcoin-based exchange-traded fund. However, one statement in BlackRock's filing might prove his theory.
BlackRock, a $10 trillion investing heavyweight, might be requesting Bitcoin ETF approval, being interested in supporting its PoS fork. Its hypothetical proof-of-stake network, developed as an example of eco-friendliness and regulatory compliance, might lead to BlackRock's dominance in the Bitcoin segment.* Proposes “regulatory & eco friendly” PoS fork* PoW fork just for pirates & El SalvadorThis theory was shared by crypto influencer Chris Blec with his 48,700 Twitter followers.
It is stated in the BlockRock filing that its team reserves the right to choose which network is the only appropriate one. Also, it is specified that it should not necessarily be the most valuable fork of the largest blockchain.As covered by U.Today previously, some key experts doubt the fact that BlackRock is serious about its Bitcoin ETF ambitions that have been widely discussed in the media in recent days.
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